Three of Asia’s most powerful media groups have combined to form Celestial Tiger Entertainment as an independent media company focused on branded pay-television channels, content creation and distribution across the region.
The three partners are: Celestial Pictures, a wholly owned unit of Astro that owns and operates the Shaw Brothers Film Library and distributes movie channels globally; Saban Capital Group, a private investment firm specializing in the media, entertainment and communications industries formed by Haim Saban the founder of Power Rangers cartoons; and Lionsgate, a film studio.
The partners will license their channels to Celestial Tiger Entertainment.