It turns out that the OTT service which Lionsgate’s Starz introduced last Spring, has taken off in the MENA region – Middle East and North Africa – ahead of its home country the US. It has been rewarded by picking up $125 million in total funding, some of it recently injected by State Street Global Advisors, Dubai based SEQ Capital Partners and UAE originated Delta Partners. It shows that although the growth in TV in Africa and the Middle East is little more than a rounding error in the global appetite for media, there remains quite a lot of money to be made there in the short term. Starz Play Arabia made its move into MENA very quietly in 2015…