Chinese e-commerce giant Alibaba Group Holding and Lions Gate Entertainment Corp, the studio behind the 'Hunger Games' films, will launch a subscription streaming service in China, the firms said in a statement on Tuesday. The service, to be known as Lionsgate Entertainment World, will be exclusive to Alibaba's Internet television set-top boxes and is expected to launch in August. Alibaba and its affiliates have aggressively pushed into the entertainment industry since the beginning of the year, with more than $3 billion invested since March. "This cooperation signals our ongoing commitment to advance our vision of making digital media entertainment available to our customers anywhere, anytime," Patrick Liu, Alibaba's president of digital entertainment, said in Tuesday's statement.
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