LIONSGATE AND TRIBECA TO LAUNCH NEW STREAMING SERVICE

Lionsgate is the latest studio to jump on the streaming bandwagon. It announced on Monday that it will launch a subscription streaming service with Tribeca Enterprises, the company co-founded by Robert De Niro and Jane Rosenthal that oversees the Tribeca Film Festival. It also releases a number of so-called art films each year, but has had moderate success with only one, Gia Coppola’s Palo Alto, released in May. The new streaming service, called Tribeca Short List, which is being offered on a subscription basis, also plans to focus on delivering what it calls a "highly curated experience." That would appear to rule out some of Lionsgate’s recent blockbusters, such as The Hunger Games and Divergent, although its library also includes such indie classics as Crash and Precious. In the official announcement of the service on Monday, Lionsgate chief Jon Feltheimer suggested that overseas producers will be embraced by it, saying that it will "collaborate with blue-chip partners around the world to deliver premium content to online audiences."