Lionsgate+, the premium streaming service that launched in the UK just a couple of years ago, has officially announced its shutdown date in the UK.
Mark your calendars, then: February 29, 2024, will see the end of Lionsgate+’s journey in the UK.
Despite offering a unique blend of shows from Starz and other international platforms, including popular titles like Outlander, the service has struggled to carve out its niche in a market dominated by streaming giants.
As the service prepares to cease operations, Lionsgate+ has outlined key information regarding subscription cancellations and refunds, marking the final phase of its presence in the UK streaming market.
Why Is Lionsgate+ Shutting Down?
Lionsgate+ is set to shut down its UK operations on February 29, 2024, a decision influenced by the competitive streaming market and strategic shifts within its parent company.
This move, first hinted at in a memo from Starz CEO Jeffrey Hirsch, is part of a broader restructuring as Starz prepares to stand as a standalone entity, separate from Lionsgate (which currently owns it).
Lionsgate, a major player in film and television production, acquired Starz in 2016. Since then, the entertainment industry has seen rapid digital transformation.
Lionsgate has been reevaluating its strategy to focus on more profitable and sustainable aspects of its business, and this reevaluation has led to a decision to restructure, impacting various operations, including the Lionsgate+ streaming service in the UK.
Lionsgate’s Official Announcement
Starting this week, UK subscribers of Lionsgate+ are receiving on-screen notifications about the service’s upcoming closure.
In a statement, Lionsgate+ expressed regret over discontinuing the service and confirmed that all subscriptions will be automatically cancelled on February 29.
To facilitate a smooth transition, the company has assured subscribers that they will receive a prorated refund of their current subscription fee, credited to their original payment method.
This refund process may take up to 14 days. Until the service’s final day, subscribers will maintain full access, allowing them to enjoy all available shows.","comment":[{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51790625","author":{"@type":"Person","name":"Gollywood"},"datePublished":"2023-12-20T10:35:29.000Z","text":"I've never heard of them until today.
I can see more following suit and then you'll be left with just 3 or 4 big players and they'll be able to charge astronomical fees no doubt"},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51793545","author":{"@type":"Person","name":"bozo007"},"datePublished":"2023-12-20T16:23:26.000Z","text":"Unbundling was supposed to help break the monopoly of the big boys but no consumer wants to spend even more on multiple subscriptions for mostly mediocre content."},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51790195","author":{"@type":"Person","name":"hotshot"},"datePublished":"2023-12-20T09:52:16.000Z","text":"I expect a lot of streaming apps to go this way to many ATM let the streaming wars begin "},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51793813","author":{"@type":"Person","name":"Nathan"},"datePublished":"2023-12-20T16:48:16.000Z","text":"I guess Outlander S7 Part 2 will end up on Sky so after 10 years of watching it.. I won't get to anymore. At least the ending looks to be about as good as the GoT final series "},{"@type":"Comment","@id":"https://www.hotukdeals.com/comments/permalink/51793869","author":{"@type":"Person","name":"lanc1979"},"datePublished":"2023-12-20T16:54:40.000Z","text":"Grrr, I was waiting for an offer to get it as I want to watch The Stand (new version) and they've got it.
Any ideas where their shows will end up? Assume Starz will launch in the UK now."}],"commentCount":11,"interactionStatistic":4,"articleSection":"Misc"}