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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

LOS ANGELES , March 1, 2023 /PRNewswire/ -- Cinedigm Corp. (NASDAQ: CIDM) (the "Company") today announced that the Company's Board of Directors has approved a stock repurchase program to purchase up to an aggregate of 10 million shares of its outstanding Class A common stock. Acquisitions pursuant to this stock repurchase program may be made through a combination of open market repurchases in compliance with Rule 10b-18 promulgated under the Securities Exchange Act of 1934, as amended, privately negotiated transactions, and/or other transactions at the Company's discretion.

CINEDIGM CORP. ANNOUNCES NEW 10 MILLION SHARE STOCK REPURCHASE PROGRAM

Cinedigm Corp (NASDAQ:CIDM) has acquired movie review and ratings service Dove.org and faith-based streaming platform Christian Cinema, the company announced.  The two brands, acquired from Giving Company, will be combined with Cinedigm's existing streaming service the Dove Channel, offering a one-stop shop for faith and family entertainment across subscriptions, advertising, commerce, editorial content and podcasts.

Cinedigm bolsters its faith and family market vertical with streaming platform and review service acquisitions

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 subscription, advertising, commerce, editorial and podcasts.

Cinedigm Acquires Leading Faith & Family Streaming Media Properties Dove.org and Christian Cinema from Giving Company

See the trailer for the Super Bowl LVII Champions: Kansas City Chiefs film LOS ANGELES , Feb. 27, 2023 /PRNewswire/ -- Cinedigm (NASDAQ: CIDM), the National Football League (NFL) and NFL Films will team up once again to continue distribution of the Official NFL Super Bowl LVII Championship film along with NFL Films' catalog releases.   Next month, Cinedigm, the NFL and NFL Films will bring fans the most anticipated sports film of the year when Super Bowl LVII Champions: Kansas City Chiefs releases on Digital March 3 & Blu-Ray™ Combo on March 14.

Cinedigm and the National Football League (NFL) Sign Contract Extension to Continue Distributing the Super Bowl Championship Film along with NFL Films' Catalog Releases

EXCLUSIVE: Times may have changed, and videocassettes are no longer involved, but they are still producing those annual video retrospectives of the Super Bowl.

NFL And Cinedigm Extend Distribution Deal For Annual Super Bowl Championship Film

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.

Cinedigm Acquires All North American Rights to Bloody Lithuanian Slasher 'Pensive' Out of EFM

Cinedigm Corp. (NASDAQ:CIDM ) Q3 2023 Earnings Conference Call February 14, 2023 4:30 PM ET Company Participants Gary Loffredo - Chief Operating Officer and General Counsel Chris McGurk - Chairman and Chief Executive Officer John Canning - Chief Financial Officer Yolanda Macias - Chief Content Officer Erick Opeka - Chief Strategy Officer and President, Cinedigm Networks Tony Huidor - Chief Technology and Product Officer Mark Lindsey - Executive Vice President, Finance and Accounting Conference Call Participants Dan Kurnos - Benchmark Brian Kinstlinger - Alliance Global Partners Terry Hackett - Hackett Management Operator Good day, ladies and gentlemen. Today, we are hosting a Conference Call to discuss Cinedigm's Fiscal 2023 Third Quarter Results.

Cinedigm Corp. (CIDM) Q3 2023 Earnings Call Transcript

Revenues of $27.9 Million, up $13.8 Million or 98% Over Prior Year Quarter Net Income of $4.9 Million, up $5.4 Million or 1,139% Over Prior Year Quarter Earnings per Share of $0.03, up $0.03 or 100% Over Prior Year Quarter Adjusted EBITDA of $5.1 Million, up $3.7 Million or 279% Over Prior Year Quarter LOS ANGELES , Feb. 14, 2023 /PRNewswire/ -- Cinedigm Corp. (NASDAQ: CIDM), a leading entertainment and streaming technology company serving enthusiast audiences, today announced its financial results for the third quarter of fiscal year 2023, which ended December 31, 2022, with total revenues of $27.9 million, up 98% over the prior year quarter. The Company also posted Net Income of $4.9 million and Adjusted EBITDA of $5.1 million, up 1,139% and 279% over the prior year quarter, respectively.

Cinedigm Reports Third Quarter Fiscal Year 2023 Financial Results

Cinedigm Corp (NASDAQ:CIDM) revealed that it has integrated ROW8, which offers the newest Hollywood movies, into the company's recently launched flagship streaming service Cineverse. The Los Angeles-based premier streaming company said that through the partnership with ROW8, Cineverse is now offering consumers the ability to rent recently released premium movies, as well as select films still in theaters on a transactional video-on-demand (TVOD) basis.

Cinedigm launches ROW8's newest Hollywood movies on its Cineverse streaming service

Major Hollywood studio theatrical releases now available on Cineverse via ROW8's transactional Multi-platform Streaming Service LOS ANGELES , Feb. 10, 2023 /PRNewswire/ -- Cinedigm Corp. (NASDAQ: CIDM), a premier streaming company dedicated to serving enthusiast fan bases, today announced that it has integrated ROW8 into the Company's recently launched flagship streaming service, Cineverse. Through this partnership with ROW8, Cineverse is now offering consumers the ability to rent recently released premium movies as well as select films still in theaters on a transactional video-on-demand (TVOD) basis.

Cinedigm Launches ROW8 Theatrical Titles on its Cineverse Service

Cinedigm Corp (NASDAQ:CIDM) has announced that SCREAMBOX is the fastest-growing horror streaming service in the US, powered by leading horror multimedia brand Bloody Disgusting. The premier streaming company noted that SCREAMBOX has seen exponential growth since it acquired it nearly two years ago with subscriptions increasing 900% over that time.

Cinedigm says momentum continues for fastest-growing horror streaming service SCREAMBOX following record-breaking 2022

Powered by Cinedigm's Bloody Disgusting team, SCREAMBOX added breakout hits such as Terrifier 2, Pennywise: The Story of IT and "13 Nights of Elvira" Following Cinedigm's acquisition of SCREAMBOX, subscriptions have increased 900% in 2 years Horror catalog offering has increased by 322% since the SCREAMBOX acquisition Launched 14 new podcasts on the Cinedigm Podcast Network with 25 Horror podcasts in total Will deliver 30 New Originals/Exclusives to SCREAMBOX in 2023 LOS ANGELES , Feb. 9, 2023 /PRNewswire/ -- Powered by leading horror multimedia brand Bloody Disgusting, SCREAMBOX is the fastest-growing horror streaming service in the U.S. Cinedigm's 360-degree approach to Hollywood's hottest genre includes a strong slate of Original/Exclusive content, a rapidly growing podcast division to complement its digital offerings and one of the largest horror catalogs in the industry. The horror streaming service has seen exponential growth since Cinedigm acquired SCREAMBOX nearly 2 years ago with subscriptions increasing 900% over that time.

Cinedigm's SCREAMBOX, The Fastest-Growing Horror Streaming Service, Continues To Build Momentum Following Record-Breaking 2022

LOS ANGELES , Feb. 7, 2023 /PRNewswire/ -- Cinedigm Corp   . ("Cinedigm" or "the Company") (NASDAQ: CIDM), the leading independent streaming entertainment company super-serving enthusiast fan bases, will release its financial results for the third quarter of its fiscal year 2023 ended December 31, 2022, after market close on Tuesday, February 14, 2023.

Cinedigm to Report Third Quarter Fiscal 2023 Financial Results on Tuesday, February 14, 2023

Horror Podcast to Support Young Writers by Providing the Ability to Tell Fresh Stories from the Night of the Living Dead Universe LOS ANGELES , Jan. 31, 2023 /PRNewswire/ -- Cinedigm (NASDAQ: CIDM), the leading independent streaming company super-serving enthusiast fan bases, announced today that its multiplatform horror brand, Bloody Disgusting, will co-produce a new scripted audio series titled "The Dead" with the George A. Romero Foundation.

Cinedigm Podcast Network Announces New Scripted Audio Series "The Dead" - a Co-Production from Bloody Disgusting and the George A. Romero Foundation

Cinedigm Corp (NASDAQ:CIDM), the premier streaming company, and multi-platform producer Roundtable Entertainment have announced a collaboration with GoPro Inc to develop the GoPro Channel, with plans to premiere this year. The GoPro Channel joins Roundtable partner Cinedigm's extensive portfolio of over 30 streaming channels, which span several popular content genres dedicated to serving enthusiastic fan bases.

Cinedigm and Roundtable Entertainment announce collaboration to develop the GoPro Channel

GoPro

GoPro's Mind-Blowing Sports and Lifestyle Content Available 24/7, Launching Spring 2023 LOS ANGELES , Jan. 11, 2023 /PRNewswire/ -- Multi-platform producer Roundtable Entertainment and premier streaming company Cinedigm (NASDAQ: CIDM) today announced a collaboration with GoPro, Inc. (NASDAQ: GPRO) to develop the GoPro Channel, with plans to premiere this year. The GoPro Channel joins Roundtable partner Cinedigm's extensive portfolio of over 30 streaming channels, which span several popular content genres dedicated to serving enthusiastic fan bases.

Roundtable Entertainment and Cinedigm Preparing to 'Send it' with the Launch of the GoPro Channel

Cinedigm Corp (NASDAQ:CIDM) said it is beefing up its flagship streaming service, Cineverse, with more than 18,000 additional film and television episodes courtesy of an expanded distribution agreement with independent film distributor, Filmhub. The deal between the two companies marks the first major third-party content transaction completed on behalf of Cineverse, according to a statement from the company.

Cinedigm adds more than 18,000 new titles to its content library courtesy of Filmhub

Marks First Major Third-Party Content Deal Since Launch of Flagship Streaming Service LOS ANGELES , Jan. 10, 2023 /PRNewswire/ -- Cinedigm Corp. (NASDAQ: CIDM), a premier streaming and entertainment company super-serving enthusiast fan bases, announced today that it has begun adding more than 18,000 additional film and television episodes to Cineverse, its flagship streaming service, through an expanded distribution agreement with leading independent film distributor, Filmhub. The deal between the two companies marks the first major third-party content transaction completed on behalf of Cineverse, which launched this past September.

Cinedigm Adding 18,000+ Films & TV Series to Cineverse via Distribution Agreement with Filmhub

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.

Cinedigm Appoints Marc Rashba as Executive Vice President, Partnerships

LOS ANGELES, CA / ACCESSWIRE / December 16, 2022 / Cinedigm Corp. (NASDAQ:CIDM), a premier streaming technology and entertainment company super-serving enthusiast fan bases, today announced that it has hired Russell Schneider as Senior Vice President, Brand Partnerships. Utilizing his 15-plus years of experience, Schneider will act as the key top-line revenue driver by developing and implementing innovative and effective brand partnerships for Cinedigm's growing portfolio of streaming channels, movies and podcasts.

Cinedigm Names Russell Schneider as Senior Vice President, Brand Partnerships

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.

Cinedigm Appoints Mark Lindsey as EVP, Finance & Accounting

Presentation on Wednesday, December 7th, 2022 at 2 PM ET LOS ANGELES, CA / ACCESSWIRE / December 6, 2022 / Cinedigm Corp. (NASDAQ:CIDM), a premier streaming and entertainment company super-serving enthusiast fan bases, announced today that it will be presenting virtually at the upcoming Ladenburg Thalmann Virtual Technology Expo on Wednesday, December 7th, at 2 PM ET. Erick Opeka, Chief Strategy Officer & President, Cinedigm Networks, will be giving the presentation.

Cinedigm to Present at Ladenburg Thalmann Virtual Technology Expo on December 7th

LOS ANGELES, CA / ACCESSWIRE / November 22, 2022 / Cinedigm Corp. (NASDAQ:CIDM), a premier streaming and entertainment company super-serving enthusiast fan bases, today announced that RetroCrush, the company's best-in-breed anime channel, launched today on Samsung TV Plus (Samsung's free ad-supported streaming television service) lineup of linear channels - CHANNEL 1441. RetroCrush allows viewers to experience the golden age of anime with fan favorites and deep cuts across the classic anime TV and movie spectrum, including more than 190 series and 60 feature films from the ‘70s, ‘80s and ‘90s.

Cinedigm Launches RetroCrush Linear Channel on Samsung TV Plus

As the streaming wars have raged on between Netflix, Hulu, HBO Max and the rest, one company has quietly assembled a large portfolio of enthusiast streaming channels and an expansive library of independent content: Cinedigm Corp (NASDAQ:CIDM). When Cinedigm launched its flagship streaming service, Cineverse, in October, the company set an ambitious goal: Grow its vast content library of more than 12,000 films and television episodes by another 18,000 in 2022 and several hundred thousand more over the next three years.

Enter the Cineverse: Cinedigm's new streaming service is a galaxy of independent content

Cinedigm Corp. (NASDAQ:CIDM ) Q2 2023 Earnings Conference Call November 15, 2022 12:00 PM ET Company Participants Gary Loffredo - President, Chief Operating Officer and General Counsel Chris McGurk - Chairman and CEO John Canning - Chief Financial Officer Yolanda Macias - Chief Content Officer Erick Opeka - Chief Strategy Officer and President, Cinedigm Networks Tony Huidor - Chief Technology and Product Officer Conference Call Participants Dan Kurnos - Benchmark Brian Kinstlinger - Alliance Global Partners Terry Hackett - Hackett Management Operator Good day, ladies and gentlemen. Today, we are hosting our Conference Call to discuss Cinedigm's Fiscal 2023 First (sic) [Second] Quarter Results.

News for Cinedigm Stock (CIDM)