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Lionsgate, Saban, Celestial Form Asian Entertainment Co.

By Kaitlin Ugolik (December 22, 2011, 2:44 PM EST) -- Media and entertainment-focused private equity firm Saban Capital Group has partnered with Celestial Pictures Ltd. and Lionsgate Entertainment Inc. to create an Asian company that will combine the entities' existing pay television channels and develop new ones, the parties announced Wednesday....

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