Valve Corp. and Lionsgate have formed a partnership under which Lionsgate will license more than 100 films to Valve’s Steam digital distribution platform — including all four Jennifer Lawrence “Hunger Games” titles.
The partnership, announced Monday morning, includes the titles from the “Hunger Games,” “Twilight,” “Saw” and “Divergent” franchises. The “Hunger Games” films grossed $2.9 billion worldwide while the five “Twilight” titles totaled $3.3 billion.
Lionsgate releases about 15 films a year and the companies plan to add more titles as the partnership expands worldwide.
Lionsgate said the deal reflects its commitment to monetize its content across an expanding array of digital platforms by offering its movies, television programming and digital content to online audiences around the world.
“We’re delighted to partner with Steam, a leader in the digital entertainment and gaming space, as part of our commitment to remain at the cutting edge of innovation in delivering content to online audiences around the world,” said Lionsgate president of worldwide television & digital distribution Jim Packer. “With over 125 million users, Steam represents a unique, exciting and disruptive opportunity to expand our global distribution business.”
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As of September, there were over 6,400 Windows games, 2,300 OsX games and 1,500 Linus games available on Steam’s distribution platform.
“Lionsgate has emerged as a major creative force with a deep pipeline of blockbuster franchises and commercially exciting, star-driven event films, making them important content suppliers for our platform,” said Valve head of marketing Doug Lombardi. “Their films are engaging audiences and fostering rich communities around the world, reflecting the kind of high-quality entertainment that we expect to drive the continued expansion of our content offering.”
