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Steam strikes deal with Lionsgate to step up movies streaming

"Catching Fire"
Source: Lionsgate
"Catching Fire"

Steam, the platform where users can buy and download games is stepping up its push into movie-streaming after it struck a partnership with film studio Lionsgate.

The U.S. entertainment company behind such movies as "Divergent" and "The Hunger Games" has agreed to launch over 100 of its films on the Steam platform, in an announcement made by the firms on Monday. More titles will be added at a later date.

For Lionsgate, Steam represents another line of distribution where it can "monetize its content across an expanding array of digital platform, " according to a statement.

"Steam represents a unique, exciting and disruptive opportunity to expand our global distribution business," Jim Packer, president of worldwide television and digital distribution at Lionsgate, said in a press release.

And for Steam's parent company, Valve, the deal gives it a chance to broaden the content on Steam beyond just games.

"Their films are engaging audiences and fostering rich communities around the world, reflecting the kind of high-quality entertainment that we expect to drive the continued expansion of our content offering," Doug Lombardi, Valve's head of marketing said in a press release.

Users will have to pay $4 to stream a movies and will be able to access them on anything which Steam is available on including Windows, Mac, Linux, SteamOS, and in virtual reality via SteamVR.