Cinedigm

Cinedigm Corp. is an independent streaming entertainment company, which engages in the marketing and distribution of movies, television, and other short form content managing a library of distribution rights. It operates through the Cinema Equipment Business, and Content and Entertainment Business (CEG) segments. The Cinema Equipment Business segment consists of non-recourse, financing vehicles, and administrators. The Content and Entertainment Business segment refers to ancillary market aggregation and distribution of entertainment content and the branded and over-the-top (OTT) digital network business providing entertainment channels and applications. The company was founded by A. Dale Mayo on March 31, 2000 and is headquartered in New York, NY.

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Cineverse Corp. is a global streaming technology and entertainment company. It owns and operates streaming channels, all powered by its advanced, proprietary technology platform. The firm currently features enthusiast brands for subscription video on demand, advertising-based video on demand, and free, ad-supported streaming television channels. It entertains consumers around the globe by providing premium feature films and television series, enthusiast streaming channels, and technology services to some media, retail, and technology companies. The company was founded by A. Dale Mayo on March 31, 2000 and is headquartered in New York, NY.

Cineverse Corp

Leadership Moves Reflect Cineverse's Evolution to Industry-Leading Independent Streaming Content & Technology Company LOS ANGELES , May 23, 2023 /PRNewswire/ -- Cineverse Corp. ("Cineverse" or the "Company") (NASDAQ: CNVS), a global streaming technology and entertainment company with one of the world's largest portfolios of owned and operated streaming channels, announced today the promotions of several key members of its leadership team, effective immediately. These strategic appointments reflect Cineverse's ongoing efforts to align the Company's expanding range of services and to position Cineverse for future innovation and growth.

Cineverse Announces New Leadership Structure and Promotions of Key Leadership Team Members

Cinedigm Corp (NASDAQ:CNVS) told investors it is rebranding to Cineverse to reflect the importance of its flagship service and consolidate its overall corporate identity under one brand following its evolution into a streaming content and technology company. The Los Angeles-based company said its stock ticker will also change to CNVS from CIDM when its shares commence trading on the Nasdaq Capital Market today, May 23, 2023.

Cinedigm rebrands as Cineverse to reflect importance of flagship streaming service

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 Market under the new stock symbol "CNVS" at the market opening on May 23, 2023.

Cinedigm Rebrands to Cineverse

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.

Cinedigm Acquires All North American Rights to 'Shaky Shivers,' an 80s-Inspired Horror/Comedy Directed by Sung Kang, Star of the 'Fast X' Franchise

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.

Cinedigm and The Conjuring creator Tony DeRosa-Grund Join Forces to Develop 'The Haunted,' a Spine-Chilling, Real-Life Paranormal Franchise

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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.

Cinedigm Partners with Popular Business Media Brand Entrepreneur for Launch of Entrepreneur TV

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-year Channel also generated a 15% YouTube Subscriber Increase in Year Since Cinedigm's Acquisition of DMR LOS 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.

RetroCrush Growth Makes Anime a Red-Hot Genre for Cinedigm

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.

From the Creator of Final Destination, Cinedigm Acquires All North American Rights to the Genre-Bending Horror/ Action Thriller Til Death Do Us Part

Cinedigm Corp (NASDAQ:CIDM) has revealed that its flagship service, Cineverse, has become the world's fastest-growing streaming library, expanding to over 21,000 movies and shows since its launch in September 2022. According to the company, the service has grown its library by 430% since January, making it the sixth-largest movie streaming service globally in terms of title count.

Cinedigm says Cineverse is the world's fastest-growing streaming library

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 than Netflix, Hulu, HBOMax, and Paramount+.

CINEDIGM'S CINEVERSE BOLTS OUT OF THE GATE WITH THE WORLD'S FASTEST-GROWING STREAMING LIBRARY

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 TV delivers a premium viewing and listening experience to its users for music and culture.

Cinedigm Partners with Quincy Jones' Qwest TV to Launch Cutting-Edge Music Channel on Cineverse

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.

Cinedigm Acquires Exclusive Streaming Rights to the Steampunk-inspired Series "NADIA: The Secret of Blue Water" from GKIDS for its Anime-Centric RetroCrush

Company Expands Distribution for its Enthusiast Channels

Cinedigm Launches Three of the Company's FAST channels on Amazon Freevee - RetroCrush, Dove Channel and Docurama

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.

Cinedigm Acquires All North American Rights to the Slamdance Best Narrative Feature Nominee New Religion

LOS ANGELES and OULU, Finland , March 30, 2023 /PRNewswire/ -- Cinedigm Corp. (NASDAQ: CIDM), the premier independent streaming entertainment company super-serving enthusiast audiences, today announced an agreement with Valossa Labs OY as its video Artificial Intelligence (AI) technology partner and vendor for its flagship streaming service Cineverse. This partnership enhances the user experience for Cineverse by utilizing Valossa's human-level cognitive automation systems.

Cinedigm Selects Valossa Labs OY as its Video Artificial Intelligence (AI) Technology Partner for Cineverse, its Flagship Streaming Service

Producer of and Creator of the Story that Became ' Th e Conjuring,' Tony DeRosa-Grund, Partners with Cinedigm for Supernatural Thriller Podcast Based on Real Occult-Hunting NYPD Squad That Originated in the 1970's LOS ANGELES , March 29, 2023 /PRNewswire/ -- C inedigm (NASDAQ: CIDM), the leading independent streaming company super-serving enthusiast fan bases, announced today that it will be bringing a new scripted audio series Demon Squad to horror fans this fall. A supernatural thriller from Tony DeRosa Grund (the author of the story that became basis of The Conjuring, and Producer of same), entitled Demon Squad will be a weekly, 12-episode series, available as part of the Cinedigm Podcast Network, via Bloody Disgusting's BloodyFM and everywhere podcasts are found.

Cinedigm Podcast Network Announces New Scripted Horror Series "Demon Squad" Premiering This Fall

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NEW YORK , March 14, 2023 /PRNewswire/ -- In the spring of 2022, Film/Television Studio Dead Talk Media LLC filed a lawsuit against Cinedigm Corporation (Nasdaq: CIDM) on several complaints involving contractual breaches. In March of 2021, Dead Talk Media signed a Streaming Distribution deal with Cinedigm to deliver its Television Talk Show "Dead Talk Live" on Cinedigm's streaming platform Screambox and all the outlets that Screambox streams to, which includes Amazon Prime Video, Roku, and others.

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More than a Dozen Cinedigm Channels Now on Sling Freestream LOS ANGELES , March 9, 2023 /PRNewswire/ -- Cinedigm Corp. (NASDAQ: CIDM), a premier streaming company dedicated to serving enthusiast fan bases, today announced a distribution deal with SLING TV for Midnight Pulp, The Country Network and AsianCrush, some of its top-performing free advertising-supported television (FAST) channels, which are now available on Sling Freestream. The new agreement with SLING expands Cinedigm's partnership with the company to now include more than a dozen channels.

SLING TV and Cinedigm Expand Partnership with Addition of Midnight Pulp, The Country Network and AsianCrush Channels

Matchpoint Platform Will Power AVOD Channel and Extend Distribution Footprint Across FAST LOS ANGELES , March 6, 2023 /PRNewswire/ -- Cinedigm (NASDAQ: CIDM), the leading independent streaming company super-serving enthusiast audiences, today announced plans to become a premier provider of content tailored to the African American culture by entering a partnership with J. Alexander Martin, founder of the iconic fashion brand FUBU and successful producer Roberto "Rush" Evans, to launch the For Us By Us Network.

Cinedigm Partners with Influential Lifestyle Brand FUBU for Launch of the For Us By Us Network

Cinedigm Corp (NASDAQ:CIDM)'s chairman and CEO Chris McGurk has told shareholders that the company's share repurchase program of up to 10 million shares is evidence of the board's confidence in the company's future. “Why are we doing this?

Cinedigm's share repurchase program signals confidence in company's future, says CEO

Cinedigm CEO Chris McGurk says the company plans to buy back up to 10 million shares of its beleaguered stock over the next 12 months as it looks to avoid getting delisted from the Nasdaq.

Cinedigm CEO Chris McGurk Announces Buyback Of Up To 10M Shares Of Company's Ailing Stock, Also Sets Name Change Timed To “Momentous” Pivot From Cinema Tech To Streaming

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 I have in the future of the Company.

Chairman's Letter to Cinedigm Shareholders Outlines Stock Repurchase Program, Acquisition of Leading Faith and Family Streaming Properties and the Company's Future Outlook

America's Best Value for Cord-Cutters Now Offers 40,000+ Titles On-Demand and 150+ Channels of Live Sports, News and Entertainment SALT LAKE CITY , March 2, 2023 /PRNewswire/ -- Cinedigm Corp. (NASDAQ: CIDM), a premier content and entertainment company super-serving enthusiast fan bases, today announced a new integration with Vidgo, America's best value for cord-cutters looking to save money and watch live sports, adding more than 10,000 new films and television series to Vidgo's expansive library of on-demand content. Vidgo's extensive programming lineup includes more than 150 television networks featuring live sports, news and entertainment, along with an expansive library of on-demand content – which now includes over 40,000 shows, movies and documentaries – all accessible through the Vidgo streaming app.

News for Cinedigm Stock (CIDM)