STARZ PLAY Arabia Raises $125 Million In Funding

STARZ PLAY, an on-demand video streaming service in the MENA region, has raised a total of US$125 million since inception, including new 2017 commitments from Starz, a Lionsgate company, State Street Global Advisors – in its capacity as an advisor and manager of private equity – and media and technology investment firms SEQ Capital Partners and Delta Partners. The new funds will go toward enhancing STARZ PLAY’s customer experience, acquiring new programming, and strengthening its position as the region’s leading digital video platform. Since launching in 2015, STARZ PLAY has attracted more than 700,000 paying subscribers.