Baidu's iQIYI video unit to stream Lions Gate films
(Reuters) - Film and TV studio owner Lions Gate Entertainment Corp (LGF.N) said on Friday that Chinese video streaming company iQIYI, a unit of internet search company Baidu Inc (BIDU.O), would stream some of its films.
Lions Gate did not disclose the financial terms of the licensing deal, which covers video-on-demand rights for films including the "Hunger Games" and "Divergent" series.
IQIYI, which has over 500 million users, will also stream some third-party films distributed by Lions Gate.
(Reporting by Sai Sachin R in Bengaluru; Editing by Kirti Pandey)