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Lionsgate to invest in Asia TV


March 14, 2008 Lionsgate will invest in the new Asia TV channels and content business being set up in Hong Kong by veteran Asia media executive William Pfeiffer, sources said Thursday. Pfeiffer, who worked with several top Lionsgate executives at Sony in the 1990s, opened the new operation in Hong Kong this week, following his recent exit after seven years from Malaysian-owned film and television outfit Celestial Pictures. A Lionsgate spokesman declined comment, but a company insider confirmed that the investment would be off the company balance sheet..

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