Cinedigm Corp., together with its subsidiaries, operates as distributor and aggregator of independent movie, television, and other short form content in the United States, Canada, and New Zealand. The company operates through two segments, Cinema Equipment Business and Content and Entertainment Business. It manages a library of distribution rights to various titles and episodes released across digital, physical, and home and mobile entertainment platforms, as well as services digital cinema assets on approximately 12,000 domestic and foreign movie screens. The company distributes its products for various brands, such as Hallmark, Televisa, ITV, Nelvana, ZDF, Shout! Factory, NFL, NHL and Scholastic, as well as international and domestic content creators, movie producers, television producers, and other short form digital content producers. It also collaborates with producers, various brands, and other content owners to market, source, curate, and distribute content to targeted audiences through existing and emerging digital home entertainment platforms, including Apple, Amazon Prime, Netflix, Hulu, Xbox, PlayStation, Sony, and cable/satellite video-on-demand; and distributes DVD and Blu-ray discs to wholesalers and retailers with sales coverage to approximately 60,000 brick and mortar storefronts, including Walmart, Target, Best Buy, and Amazon. In addition, the company operates various branded and curated over-the-top (OTT) entertainment channels, including Docurama, CONtv, and Dove Channel; and Matchpoint, a software-as-a-service platform to automate the distribution of streaming content and OTT channels. Cinedigm Corp. has a strategic alliance with Starrise Media Holdings Limited to release films in China theatrically and to digital platforms. The company was formerly known as Cinedigm Digital Cinema Corp. and changed its name to Cinedigm Corp. in September 2013. Cinedigm Corp. was founded in 2000 and is headquartered in New York, New York.
IPO Year:
Exchange: NASDAQ
Website: cinedigm.com
Benchmark resumed coverage of Cinedigm with a rating of Buy and set a new price target of $3.50
Alliance Global Partners reiterated coverage of Cinedigm with a rating of Buy and set a new price target of $3 from $2 previously
New Brand Marks the Transformation to a Pure-play Streaming Entertainment Content and Technology Company Reimagining the Entertainment Experience LOS ANGELES, May 22, 2023 /PRNewswire/ -- Cinedigm Corp. (NASDAQ:CIDM) today announced it is rebranding to Cineverse, a global streaming technology and entertainment company with one of the world's largest portfolios of owned and operated streaming channels. Along with the corporate name change to Cineverse Corp., the Company's stock symbol will also change from CIDM to CNVS; its shares will commence trading on the NASDAQ Capital Mar
LOS ANGELES, May 18, 2023 /PRNewswire/ -- Cinedigm has acquired all North American rights to the 80s-inspired horror comedy Shaky Shivers, from director Sung Kang, known for his role as Han in Fast X which hits theaters this Friday. The Company plans to release Shaky Shivers in theaters this fall, followed by an exclusive release on its horror streaming platform SCREAMBOX. After winning the Grand Jury Award for Best Narrative Feature at the Gasparilla International Film Festival, the film is now set to have its Canadian premiere in June at the Dark Bridges Saskatoon Horror Fil
LOS ANGELES, May 12, 2023 /PRNewswire/ -- Cinedigm announced today that the Company will be partnering with horror heavyweight Tony DeRosa-Grund, creator of The Conjuring (over $2 billion in box office to date), to develop The Haunted, a new paranormal horror franchise based on verifiable actual events. While the story details are being kept under wraps, Cinedigm can confirm that The Haunted franchise starts with one family's dark and terrifying real-life preternatural experiences which intersect with historical facts and legends surrounding a young pregnant woman accused by her own father of being a witch. That convergence places the family in impending mortal danger.
Matchpoint Platform Will Power the FAST and AVOD Channel for All Platforms LOS ANGELES, May 11, 2023 /PRNewswire/ -- Cinedigm Corp. (NASDAQ:CIDM), the leading independent streaming company super-serving enthusiast audiences, today announced plans to become a premier provider of content created for the growing interest and fascination around start-up businesses and entrepreneurship by entering into partnership with Entrepreneur magazine to launch Entrepreneur TV. Entrepreneur Media LLC, the media powerhouse at the forefront of the culture, mindset, and lifestyle of entrepreneurship, unveiled its new streaming service Entrepreneur TV. It's the first-ever FAST/VOD channel from the publisher of
RetroCrush's DTC app has seen its monthly active users rise 660 percent, minutes watched jump 95 percent, and paid subscribers rise 17 percent year-over-yearChannel also generated a 15% YouTube Subscriber Increase in Year Since Cinedigm's Acquisition of DMRLOS ANGELES, May 10, 2023 /PRNewswire/ -- RetroCrush, experiencing strong distribution and subscriber growth, is turning anime into a red-hot genre among the Cinedigm (NASDAQ: CIDM) family of channels. The surge of the genre gives Cinedigm, the premier independent streaming entertainment company super-serving enthusiast audiences, another expanding content category – alongside other genres such as horror and faith & family.
LOS ANGELES, May 9, 2023 /PRNewswire/ -- Cinedigm announced today that the Company has acquired all North American rights to the highly anticipated revenge flick Til Death Do Us Part. The Company plans to release the film exclusively in theaters nationwide this summer. Til Death Do Us Part is a uniquely entertaining, genre-bending ride led by Cam Gigandet (Twilight, Never Backdown), Jason Patric (The Lost Boys, Speed 2: Cruise Control), Natalie Burn (Black Adam, The Enforcer) and Orlando Jones (The Time Machine, Drumline). Directed by Emmy® Award Winner Timothy Woodward Jr., T
Spanish Language FAST Channel Launches on TelevisaUnivision's Streaming Platform LOS ANGELES, May 4, 2023 /PRNewswire/ -- Cinedigm (NASDAQ: CIDM), the premier independent streaming entertainment company super-serving enthusiast audiences, announced today that its popular streaming channel The Bob Ross Channel en Español has launched today on ViX as a free ad-supported streaming television (FAST) channel in the U.S. and Latin America excluding Brazil. Owned by TelevisaUnivision, ViX is the leading Spanish-language streaming service in the world. The channel will offer the delig
Company Cites Increased Distribution Demand & More Opportunities for Content Acquisition for Unprecedented Growth – Drives Surge in Unique Users, Minutes Viewed and App Installs LOS ANGELES, May 2, 2023 /PRNewswire/ -- Cinedigm's (NASDAQ: CIDM) flagship streaming service Cineverse, experiencing unprecedented growth in the first six full months since its launch, has become the fastest-growing streaming library in the world, growing to more than 21,000 movies and shows since launching in September last year. Since January, the service has grown its library by 430%, rising to become the sixth largest movie streaming service in the world in terms of title count, with an offering of films larger
Qwest TV Now Available as Part of Growing FAST Channel Lineup on Cinedigm's Flagship Streaming Service LOS ANGELES, April 28, 2023 /PRNewswire/ -- Cinedigm, (NASDAQ:CIDM), the premier independent streaming entertainment company super-serving enthusiast audiences, announced today a partnership with Quincy Jones' Qwest TV (www.qwest.tv), the global hub for music and culture, to bring the Qwest TV linear channel to its flagship streaming service, Cineverse. A 24-hour free ad-supported streaming television (FAST) channel focused on jazz, blues, soul, funk and global music, Qwest T
Onyx the Fortuitous and the Talisman of Souls Plans to release the horror-comedy in theaters this fall, followed by an exclusive launch on the Company's horror streaming service SCREAMBOX LOS ANGELES, April 26, 2023 /PRNewswire/ -- Cinedigm has acquired all North American rights to the buzzed-about horror-comedy Onyx the Fortuitous and the Talisman of Souls. The film premiered at the Sundance Film Festival 2023 Midnight Section to rave reviews, recently played at Fright Fest at the Glasgow Film Festival and the Calgary Underground Film Festival and will continue its festival run at the Chattanooga Film Festival, the Dark Bridges Film Festival and Fantasia International. Cinedigm plans to re
LOS ANGELES, May 18, 2023 /PRNewswire/ -- Cinedigm has acquired all North American rights to the 80s-inspired horror comedy Shaky Shivers, from director Sung Kang, known for his role as Han in Fast X which hits theaters this Friday. The Company plans to release Shaky Shivers in theaters this fall, followed by an exclusive release on its horror streaming platform SCREAMBOX. After winning the Grand Jury Award for Best Narrative Feature at the Gasparilla International Film Festival, the film is now set to have its Canadian premiere in June at the Dark Bridges Saskatoon Horror Fil
LOS ANGELES, May 9, 2023 /PRNewswire/ -- Cinedigm announced today that the Company has acquired all North American rights to the highly anticipated revenge flick Til Death Do Us Part. The Company plans to release the film exclusively in theaters nationwide this summer. Til Death Do Us Part is a uniquely entertaining, genre-bending ride led by Cam Gigandet (Twilight, Never Backdown), Jason Patric (The Lost Boys, Speed 2: Cruise Control), Natalie Burn (Black Adam, The Enforcer) and Orlando Jones (The Time Machine, Drumline). Directed by Emmy® Award Winner Timothy Woodward Jr., T
Onyx the Fortuitous and the Talisman of Souls Plans to release the horror-comedy in theaters this fall, followed by an exclusive launch on the Company's horror streaming service SCREAMBOX LOS ANGELES, April 26, 2023 /PRNewswire/ -- Cinedigm has acquired all North American rights to the buzzed-about horror-comedy Onyx the Fortuitous and the Talisman of Souls. The film premiered at the Sundance Film Festival 2023 Midnight Section to rave reviews, recently played at Fright Fest at the Glasgow Film Festival and the Calgary Underground Film Festival and will continue its festival run at the Chattanooga Film Festival, the Dark Bridges Film Festival and Fantasia International. Cinedigm plans to re
LOS ANGELES, April 14, 2023 /PRNewswire/ -- Cinedigm, (NASDAQ:CIDM), the premier independent streaming entertainment company super-serving enthusiast audiences, announced today that the Company has acquired the groundbreaking anime series "NADIA: The Secret of Blue Water" from animation producer and distributor GKIDS for its popular streaming service RetroCrush. The newly remastered version will stream exclusively on the channel beginning this June and is expected to bolster the service's already robust anime catalog. Released in the early 1990s, the 39-episode series quickly
LOS ANGELES, April 5, 2023 /PRNewswire/ -- Cinedigm has acquired all North American rights to the disturbing sci-fi/horror film New Religion. The film had its North American premiere last month at the Slamdance Film Festival and was nominated for Best Narrative Feature. It previously screened at festivals around the world to rave reviews with Horror DNA calling it "a powerful debut." This includes its World Premiere at Arrow Video Frightfest, Osaka Asian Film Festival (Nominee Japan Cuts Award), the Warsaw International Film Festival (Best Film Nominee) and MotelX - Lisbon International Horror Film Festival.
LOS ANGELES, March 17, 2023 /PRNewswire/ -- Cinedigm has acquired all US rights to the Japanese sci-fi horror movie CUBE. A remake of the 1997 award-winning Canadian cult classic, CUBE takes a deeper, darker and deadlier look at isolation and gore. Cinedigm plans to release the remake on its horror streaming platform, SCREAMBOX, which is powered by Bloody Disgusting, on April 11 as a SCREAMBOX Original. Directed by Yasuhiko Shimizu ("Pension: Love Is Pink"), CUBE, which released theatrically last year in Japan, follows a group of strangers who find themselves trapped in a sadi
LOS ANGELES, March 10, 2023 /PRNewswire/ -- Cinedigm has acquired all North American rights to The Ancestral, the disturbing new horror film from renowned director Le-Van Kiet (The Requin). The Company plans to release The Ancestral on its horror streaming platform, SCREAMBOX, which is powered by Bloody Disgusting, later this year as a SCREAMBOX Original. After suffering a family tragedy, a widower moves his two daughters to a centuries-old ancestral home. When both daughters fall prey to sleep paralysis and night terrors, their father seeks the help of a local psychologist. T
LOS ANGELES, March 2, 2023 /PRNewswire/ -- Cinedigm Corp. ("Cinedigm" or the "Company") (NASDAQ:CIDM), a premier content streaming technology and entertainment company super-serving enthusiast audiences, today released the following comments by Chairman and CEO Chris McGurk: Dear Fellow Shareholders, Following a quarter that underscored how our diversified strategy led to very strong top and bottom-line performance, I would like to discuss the stock repurchase program we announced yesterday and share why it is tangible evidence of the confidence that the Board of Directors and
Top Movie Review & Ratings Service and Streaming Platform Properties to be joined with Dove Channel to Super-Serve Faith & Family Audiences LOS ANGELES, Feb. 28, 2023 /PRNewswire/ -- Cinedigm (NASDAQ:CIDM), the leading independent streaming company super-serving enthusiast audiences, today announced a major step towards becoming the premier provider of Faith & Family content with the acquisition of movie review and ratings service Dove.org and faith-based streaming platform Christian Cinema from Giving Company. These two well-known brands will be combined with Cinedigm's existing streaming service the Dove Channel, providing a single-stop solution for faith and family entertainment across su
LOS ANGELES, Feb. 22, 2023 /PRNewswire/ -- Cinedigm has acquired all North American rights to the morbid horror film Pensive out of EFM. The Company plans to release the bloody slasher on its horror streaming platform, SCREAMBOX, which is powered by Bloody Disgusting, later this year as a SCREAMBOX Original. Inspired by local legends, Pensive follows a group of privileged high school classmates. After these classmates destroy a set of life-size wooden statues during a wild graduation party, a mysterious killer begins picking the group off one by one. The thriller is produced b
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LOS ANGELES, Jan. 3, 2023 /PRNewswire/ -- Cinedigm Corp. (NASDAQ:CIDM), a premier streaming technology and entertainment company super-serving enthusiast fan bases, today announced that it has hired Marc Rashba as Executive Vice President, Partnerships. Utilizing his 20-plus years of experience, Rashba will be responsible for business development, programming content deals and selling Cinedigm's proprietary technology Matchpoint to third parties. In this newly created role, he will oversee all facets of partnerships including cultivating and managing strategic partnerships, programming releases, negotiating agreements, expanding digital distribution and driving innovative new revenue opportu
LOS ANGELES, CA / ACCESSWIRE / December 15, 2022 / Cinedigm Corp. (NASDAQ:CIDM), a premier streaming technology and entertainment company super-serving enthusiast fan bases, today announced that it has hired Mark Lindsey, CPA as Executive Vice President, Finance and Accounting. Utilizing his 20-plus years of experience, Mr. Lindsey will oversee all facets of accounting including; reporting, financing, working capital management, treasury, tax compliance and planning, internal controls and policy development. His appointment is effective immediately and he'll report directly to Cinedigm CFO John Canning.Throughout his career, Mr. Lindsey has been responsible for all aspects of accounting, fin
Skechers USA, Inc. (NYSE:SKX), The Comfort Technology Company™, announced today that Yolanda Macias has been appointed to its Board of Directors. The appointment brings the total number of directors to eight, including five independent members, three of whom are women appointed over the last three years. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220405006197/en/Yolanda Macias is appointed to Skechers' Board of Directors. (Photo: Business Wire) "Skechers is the third largest athletic lifestyle brand in the world, a position achieved through our ability to design comfortable, innovative and stylish products, and deliver our of
LOS ANGELES, CA / ACCESSWIRE / November 17, 2021 / Cinedigm (NASDAQ:CIDM), the leading independent streaming entertainment company super-serving enthusiast fan bases, announced today that Raffi Bagdasarian has joined the Company as Vice President of Product Development. Bagdasarian will be tasked with the development of the next generation of the Matchpoint application development platform as well as developing forward-thinking product strategies across all areas of Cinedigm's business, including channel development and ad revenue generation. In addition, he will lead the development of the proposed general entertainment streaming service comprised of all of Cinedigm's branded enthusiast cha
Appointment Comes as Cinedigm is Experiencing Exponential Growth Across Their Streaming BusinessLOS ANGELES, CA / ACCESSWIRE / September 8, 2021 / Cinedigm (NASDAQ:CIDM), the leading independent streaming entertainment company super-serving enthusiast fan bases, announced today that George De La Cruz will join the Company as Executive Vice President of Accounting. De La Cruz will oversee all facets of finance including accounting, reporting, financing, working capital management, treasury, tax compliance and planning, internal controls and policy development. He will report to Gary Loffredo, COO, General Counsel and President, Cinedigm and Cinema Equipment Business.Prior to joining Cinedigm,
Prolific Producer of over 100 Major Studio and Independent Films Provides Expertise for Cinedigm's Content Strategy and International ExpansionLOS ANGELES, CA / ACCESSWIRE / August 10, 2021 / Cinedigm (NASDAQ:CIDM), the leading independent streaming company super-serving enthusiast fan bases, announced today the appointment of Ashok Amritraj to the Cinedigm Board of Directors, effective immediately.Amritraj is Chairman and CEO of Hyde Park Inc. and brings an exceptionally diverse resume that has seen him wearing the whites of Wimbledon, excelling as an award-winning producer and serving as a united Nations India Goodwill Ambassador. The former professional tennis player set his sights on Hol
LOS ANGELES, CA / ACCESSWIRE / July 13, 2021 / Cinedigm (NASDAQ:CIDM), the leading independent streaming company super-serving enthusiast fan bases, announced today the appointment of Jennifer Soltesz as the Vice President of Business Development & Strategy at Cinedigm. Soltesz will be the primary business lead for new partnership engagements, such as channel, platform and advertising partners, for the Digital Networks group. Her position will ensure cross-functional communication and coordination between multiple departments at Cinedigm, including sales, marketing and legal, as Soltesz evaluates new opportunities and manages the deal pipeline of potential partnerships to scale the digital b
Newest Division of Cinedigm will Develop Streaming Services for Booming Indian & South Asian Markets in Addition to Powering Cinedigm's Global Portfolio of Streaming ServicesLOS ANGELES, CA / ACCESSWIRE / June 17, 2021 / Cinedigm (NASDAQ:CIDM), the leading independent streaming entertainment company super-serving enthusiast fan bases, announced today the appointment of Supriyo Mookherjee as Chief Operating Officer of Cinedigm India. This appointment comes on the heels of Cinedigm's recent acquisition of FoundationTV, a comprehensive video streaming technology, artificial intelligence, machine-learning, and data analytics platform provider. As the Chief Operating Officer, Supriyo is tasked wi
Appointment Comes As Cinedigm's Streaming Business Is Experiencing Exponential Growth LOS ANGELES, CA / ACCESSWIRE / March 12, 2021 / Cinedigm (NASDAQ:CIDM) announced today the appointment of Cheryl Odoardi as Senior Vice President of Finance and Accounting. Odoardi will oversee all facets of finance including accounting, reporting, financial planning and analysis, financing, working capital management, treasury, tax compliance and planning, internal controls and policy development. She will also be an integral member of our M&A team. Odoardi brings extensive global financial leadership expertise with more than 25 years in the technology, media, entertainment and consumer products industri
Gary Loffredo Adds President Role, Erick Opeka adds Chief Strategy Officer Responsibilities and Yolanda Macias Becomes Chief Content Officer LOS ANGELES, CA / ACCESSWIRE / January 12, 2021 / Cinedigm (NASDAQ:CIDM) announced today the promotions of three key executives. Gary Loffredo adds the title of President/Cinedigm to his current titles of Chief Operating Officer, General Counsel and Secretary of Cinedigm Corp. Erick Opeka adds Chief Strategy Officer, Cinedigm Corp to his current responsibilities as President of Digital Networks. Yolanda Macias is promoted to Chief Content Officer, Cinedigm Entertainment Group (CEG) from Executive Vice President, CEG. "We have expanded these key roles
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