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.

-Consolidated First Quarter Revenue of $13.6 Million -Total Streaming Revenue Up 98% Over Prior Year -Ad-Supported Streaming Revenue Up 131% Over Prior Year -Subscription Streaming Revenue up 43% And Subscribers Up 45% Over Prior Year -Company Expects to Achieve Significant Total Revenue Growth, Sustainable Long-Term Profitability and Positive Cash Flow in Current Fiscal Year via New Business Initiatives and Significant Cost Savings LOS ANGELES, CA / ACCESSWIRE / August 15, 2022 / Cinedigm Corp. ("Cinedigm" or "the Company") (NASDAQ:CIDM), a premier streaming technology and entertainment company super-serving enthusiast fan bases, today announced its financial results for the first quarter of fiscal year 2023, which ended June 30, 2022, highlighting the Company's positive business results and momentum, growth trajectory, financial targets and plan for sustainable profitability and positive cash flow by the fiscal fourth quarter, ending March 31, 2023. "Our strong business momentum continues with total streaming revenue surging up 98% in our fiscal first quarter, almost doubling our long-term revenue growth target and exceeding our internal plan," said Chris McGurk, Chairman and CEO of Cinedigm.

Cinedigm Reports First Quarter Fiscal Year 2023 Financial Results

Available Everywhere On Demand & Digital; Followed by Cinedigm's Streaming Channel ConTV LOS ANGELES, CA / ACCESSWIRE / August 12, 2022 / Cinedigm announced today that the Company has acquired all North American rights to the documentary GoldenEra. Twenty-five years after its release, 1997's GoldenEye on Nintendo 64 is still considered one of the greatest video games of all time.

Cinedigm Acquires Video Game Documentary 'GoldenEra;' Releasing August 23rd Ahead of the 25th Anniversary of the Iconic Game GoldenEye

Senior Executive To Be Responsible for Developing Global Strategic Partnerships LOS ANGELES, CA / ACCESSWIRE / August 10, 2022 / Cinedigm Corp (NASDAQ:CIDM), the leading provider of enthusiast streaming services, announced today that the Company has promoted Tommy Lee to the newly-created position of SVP, International Business Development. The appointment is effective immediately and he will report to Erick Opeka, Chief Strategy Officer, and President of Cinedigm Networks.

Cinedigm Promotes Tommy Lee to SVP International Business Development

LOS ANGELES, CA / ACCESSWIRE / August 8, 2022 / 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 first quarter of fiscal year 2023 ended June 30, 2022, after market close on Monday, August 15, 2022.

Cinedigm to Report First Quarter Fiscal 2023 Financial Results on Monday, August 15, 2022

Based on the work of author Barry Gifford, the film premieres October 18 on TVOD and Fandor LOS ANGELES, CA / ACCESSWIRE / August 5, 2022 / Cinedigm has acquired all North American rights to the jazzily impressionistic documentary Roy's World: Barry Gifford's Chicago , about the life of cult author and David Lynch collaborator Barry Gifford. After premiering at the Glasgow Film Festival before screening all over the world (including at SF Doc Fest, Manchester Film Festival, and the Museum of the Moving Image in NYC), Roy's World premieres on transactional video on demand and on Cinedigm's indie discovery platform Fandor on October 18, timed to celebrate Barry Gifford's 76th birthday.

Cinedigm Acquires Roy's World, Acclaimed Documentary featuring Willem Dafoe, Matt Dillon and Lili Taylor

LOS ANGELES, CA / ACCESSWIRE / August 1, 2022 / Cinedigm announced today that the Company has acquired all North American rights to one of the most successful Latin horror films of all times, History of the Occult, from FilmSharks. The film, which was successfully released across Latin America, Europe and Asia, is now ready to make its debut in the US & Canada this December.

Cinedigm's Screambox Acquires the Highest-Rated Horror Movie of the Year 'History of the Occult' from FilmSharks

Company Generated 552MM Minutes Viewed and 304MM Video Views Across Social Media Platforms during Q1 2022 LOS ANGELES, CA / ACCESSWIRE / July 21, 2022 / Cinedigm Corp. (NASDAQ:CIDM), a premier streaming, technology and entertainment company dedicated to serving enthusiast fan bases, today announced that its unwavering approach to this consumer strategy has resulted in its surpassing the 20 million subscriber/follower mark across YouTube and Facebook. In turn, the company also disclosed that it generated 552MM minutes viewed and a total of 304MM video views on social media during the first quarter of 2022 (January-March).

Cinedigm Surpasses Major Milestone With 20 Million Social Media Subscribers and Followers As It Continues To Expand Interest and Engagement Among Enthusiast Fan Bases for Its Channels and Content

Company Expects to Achieve Significant Topline Growth, Sustainable Long-Term Profitability and Positive Cash Flow in Current Fiscal Year Through New Business Initiatives and Significant Cost Savings LOS ANGELES, CA / ACCESSWIRE / July 12, 2022 / Cinedigm Corp. ("Cinedigm" or the "Company") (NASDAQ:CIDM), a premier streaming technology and entertainment company super-serving enthusiast fan bases, today released comments by Chairman and CEO Chris McGurk highlighting the Company's positive business momentum, growth trajectory, financial targets and plan for sustainable profitability and positive cash flow by the fiscal fourth quarter, ending March 31, 2023. This follows the recent reporting of very strong across-the-board financial results for the quarter and full 2022 fiscal year which ended March 31, 2022: Dear Fellow Shareholders, I believe it is important, following the recent release of Cinedigm's outstanding business and financial performance for the quarter and fiscal year ended March 31, 2022, to reach out to our shareholders to underscore that our go-forward growth prospects and business momentum are more positive than ever and that the Company is rapidly moving to a position of sustainable profitability and positive cash flow by the fourth quarter of this current fiscal year, ending March 31, 2023.

Chairman's Letter to Cinedigm Shareholders Outlines Continued Positive Business Momentum Following Strong Performance in the Prior Fiscal Year

Cinedigm to Enhance the Streaming Experience for Fans with New Tech using AI and Machine Learning Newest Streaming Service, Cineverse, to Bring Cinedigm Family of Linear Channels Under One Roof Alongside 15,000-Plus VOD Titles LOS ANGELES, CA / ACCESSWIRE / July 7, 2022 / Cinedigm (NASDAQ:CIDM), a premier streaming company dedicated to serving enthusiast fan bases, today announced its plans to roll out a major update of their Matchpoint™ Platform Suite that will leverage artificial intelligence (AI) and Machine Learning (ML) to improve the streaming experience. Cinedigm is committed to investing in, expanding and refining its Matchpoint™ Platform - the underlying technology used to power its entire digital & OTT business as well as third-party streaming channels operated by Cinedigm.

Matchpoint Blueprint 2.0 to Power Cinedigm's OTT App Portfolio and Enable Content Partners to Easily Launch New Channels

Consolidated Fourth Quarter Revenue of $16.9 Million Up 104% Over Prior Year Led by Record Streaming Revenue Consolidated Full Year Revenue of $56.1 Million Up 78% Over Prior Year Streaming Revenue Up 108% Over Prior Full Year Ad-Supported Streaming Revenue Up 147% Over Prior Full Year Full Year Net Income of $1.8 Million or $0.01 Per Share LOS ANGELES, CA / ACCESSWIRE / July 1, 2022 / The following release corrects and replaces the one that was sent out on June 27. Correction: Final audited results were filed in today's Annual Report on Form 10-K reporting Full Year Fiscal 2022 Consolidated Revenues of $56.1 million, Adjusted EBITDA of $11.0 million and Net Income of $1.8 million.

CORRECTING AND REPLACING: Cinedigm Reports Fourth Quarter and Full Year Fiscal 2022 Financial Results

A nationwide theatrical release is planned for this fall; Followed by an exclusive launch on streaming platform SCREAMBOX LOS ANGELES, CA / ACCESSWIRE / June 30, 2022 / Streaming platform SCREAMBOX announced today they have partnered with horror media brand Bloody Disgusting to acquire all North American rights to the highly anticipated Terrifier 2 . The ultra-gory slasher will open in theaters Nationwide this Halloween season before streaming exclusively on the Bloody Disgusting-powered SCREAMBOX.

Cinedigm's SCREAMBOX and Bloody Disgusting Acquire Hotly Anticipated Slasher Sequel 'Terrifier 2'

Cinedigm Corp. (NASDAQ:CIDM ) Q4 2022 Earnings Conference Call June 28, 2022 12:00 PM ET Company Participants Laura Kiernan - Head of IR Chris McGurk - Chairman and CEO John Canning - CFO Erick Opeka - Chief Strategy Officer and President of Cinedigm Networks Conference Call Participants Daniel Kurnos - The Benchmark Company Brian Kinstlinger - Alliance Gobal Partners Scott Buck - H.C. Wainwright Operator Good day, ladies and gentlemen.

Cinedigm Corp. (CIDM) CEO Chris McGurk on Q4 2022 Results - Earnings Call Transcript

(This release corrects the release that went out earlier on June 27, 2022 to add a missing earnings table) Consolidated Fourth Quarter Revenue of $16.9 Million Up 104% Over Prior Year Led by Record Streaming Revenue Consolidated Full Year Revenue of $56.1 Million Up 78% Over Prior Year Streaming Revenue Up 108% Over Prior Full Year Ad-Supported Streaming Revenue Up 147% Over Prior Full Year Full Year Net Income of $1.2 Million or $0.01 Per Share LOS ANGELES, CA / ACCESSWIRE / June 27, 2022 / Cinedigm Corp. ("Cinedigm" or "the Company") (NASDAQ:CIDM), a premier streaming technology and entertainment company super-serving enthusiast fan bases, today announced its audited financial results for the three and twelve-month periods ended March 31, 2022. "We had tremendous success again this fourth fiscal quarter, growing our total revenues by 104% to $16.9 million.

CORRECTION: Cinedigm Reports Fourth Quarter and Full Year Fiscal 2022 Financial Results

Consolidated Fourth Quarter Revenue of $16.9 Million Up 104% Over Prior Year Led by Record Streaming Revenue Consolidated Full Year Revenue of $56.1 Million Up 78% Over Prior Year Streaming Revenue Up 108% Over Prior Full Year Ad-Supported Streaming Revenue Up 147% Over Prior Full Year Full Year Net Income of $1.2 Million or $0.01 Per Share LOS ANGELES, CA / ACCESSWIRE / June 27, 2022 / Cinedigm Corp. ("Cinedigm" or "the Company") (NASDAQ:CIDM), a premier streaming technology and entertainment company super-serving enthusiast fan bases, today announced its audited financial results for the three and twelve-month periods ended March 31, 2022. "We had tremendous success again this fourth fiscal quarter, growing our total revenues by 104% to $16.9 million.

Cinedigm Reports Fourth Quarter and Full Year Fiscal 2022 Financial Results

Driven by Titles under the Popular Bloody Disgusting Brand, Cinedigm's Growing Podcast Network Passes 50 Million Downloads and Increases Content by 127%, with Plans to Leverage Audio IP for TV Series and Films Expects to Increase its Owned and Operated Podcasts to more than 100 within 24 Months; Becoming a Multi-Million Dollar Annual Revenue Business LOS ANGELES, CA / ACCESSWIRE / June 23, 2022 / Cinedigm (NASDAQ:CIDM), a premier streaming company dedicated to serving enthusiast fan bases, today announced that the Cinedigm Podcast Network has reached 50 million downloads and plans to triple its podcast lineup to 75 titles by the end of its fiscal year next March. To date, the Company owns or distributes 25 podcasts through its Bloody Disgusting and Fandor brands, up 127% from 11 as of March of this year.

Cinedigm Podcast Network Continues Expansion in Scripted Audio Drama with Two New Original Series and Expects to Triple Output by End of its Fiscal Year Next March

LOS ANGELES, CA / ACCESSWIRE / June 17, 2022 / Cinedigm Corp . ("Cinedigm" or "the Company") (NASDAQ:CIDM), a premier streaming technology and entertainment company super-serving enthusiast fan bases, will release its financial results for the fourth quarter and full year of fiscal year 2022 ended March 31, 2022, after market close on Monday, June 27, 2022.

Cinedigm to Report Fourth Quarter and Full Year Fiscal 2022 Financial Results on Monday, June 27, 2022

Chu to Oversee a Portfolio of More Than a Dozen Streaming Channels in New Role LOS ANGELES, CA / ACCESSWIRE / June 9, 2022 / Cinedigm Corp (NASDAQ:CIDM), the leading provider of enthusiast streaming services, announced today that the Company has named David Chu to the newly created title of EVP & General Manager of Cinedigm Networks. Most recently Chu, who co-founded DMR (Digital Media Rights), served as President of DMR, a leading digital media and entertainment company launched more than a decade ago, which was recently acquired by Cinedigm.

Cinedigm Appoints David Chu EVP & GM of Cinedigm Networks, Former President of DMR Joined Company as Part of Recent Acquisition Deal

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RetroCrush, Midnight Pulp and Cinehouse Also Launching Later This Year NEW YORK, NY / ACCESSWIRE / May 19, 2022 / DMR, a wholly-owned subsidiary of Cinedigm (NASDAQ:CIDM), today announced the launch of AsianCrush, a streaming service dedicated to bringing viewers the best of pan-Asian entertainment, across Comcast's entertainment platforms including Xfinity X1, Xfinity Flex and XClass TV. Additionally, the company plans to launch three additional streaming services on the platforms later this year, including RetroCrush, Midnight Pulp, and Cinehouse.

Cinedigm's DMR Launches AsianCrush Across Comcast's Entertainment Platforms

LOS ANGELES, CA / ACCESSWIRE / May 12, 2022 / Cinedigm Corp. ("Cinedigm" or "the Company") (NASDAQ:CIDM), a premier streaming technology and entertainment company super-serving enthusiast fan bases, today announced it will be featured as a presenting company at the H.C. Wainwright Global Investment Conference.

Cinedigm to Present Virtually at the H.C. Wainwright Global Investment Conference May 24, 2022

This press release is an update to the press release issued at 10:00AM ET that includes the percent sign at the end of the headline. Cinedigm Forecasts the Company Will Continue to Substantially Outperform Connected TV Market Growth in 2022 LOS ANGELES, CA / ACCESSWIRE / May 11, 2022 / Cinedigm Corp. (NASDAQ:CIDM), the leading streaming company focused on entertaining enthusiast audiences, announced today that the company's connected television advertising business grew more than 192% in 2021, beating the overall industry's streaming growth rate by 236%.

UPDATE: Cinedigm Advertising Growth Soared 192% in 2021, Beating the Industry by 236%

Cinedigm Forecasts the Company Will Continue to Substantially Outperform Connected TV Market Growth in 2022 LOS ANGELES, CA / ACCESSWIRE / May 11, 2022 / Cinedigm Corp. (NASDAQ:CIDM), the leading streaming company focused on entertaining enthusiast audiences, announced today that the company's connected television advertising business grew more than 192% in 2021, beating the overall industry's streaming growth rate by 236%. According to figures released last week by the Internet Advertising Bureau, connected TV spending increased to $15.2 billion, up 57% over 2020, one of the fastest year-over-year rises in the history of digital advertising.

Cinedigm Advertising Growth Soared 192% in 2021, Beating the Industry by 236

LOS ANGELES, CA / ACCESSWIRE / May 10, 2022 / Cinedigm Corp. ("Cinedigm" or the "Company") (NASDAQ:CIDM), a premier streaming technology and entertainment company super-serving enthusiast fan bases, today announced it will be featured as a presenting company at the 17th Annual Needham Technology & Media Conference, which is taking place May 16 - 19, 2022. Erick Opeka, Chief Strategy Officer and President, Cinedigm Networks, will be presenting virtually at the conference as follows: Presentation Date: Thursday, May 19, 2022 Time: 12:45 - 1:25 PM (ET) Webcast Link: https://wsw.com/webcast/needham120/cidm/2213041 A live webcast and replay of the presentation will be made available on the Company's website under the events section at https://investor.cinedigm.com/events-and-presentations.

Cinedigm to Present Virtually at the 17th Annual Needham Technology & Media Conference on Thursday May 19, 2022

LOS ANGELES, CA / ACCESSWIRE / May 9, 2022 / Cinedigm (NASDAQ:CIDM), the leading independent streaming company super-serving enthusiast fan bases, announced today that Fandor, the premier streaming destination for cinematic experiences, is available for users to subscribe to through The Roku Channel. Fandor will replace Fandor Spotlight, which was previously available as a Premium Subscription on The Roku Channel.

Cinedigm Introduces the Streaming Channel Fandor as a Premium Subscription on The Roku Channel in the U.S.

Available Across Connected Devices, Smart TVs, Gaming Consoles and Mobile, Cinehouse Lets Viewers Stream their Favorite Niches - Anime, Comedy, Gaming, Horror, K-pop & More - with 12 Linear Channels and Thousands of Hours of VOD Content DMR Debuts Newest Channel - Crime Hunters - as part of Lineup that also Includes Channels from ESTV and Shout! Factory, with More to Come NEW YORK, NY / ACCESSWIRE / April 19, 2022 / Digital media and entertainment company DMR , is letting fans stream their favorite niche channels with the launch of Cinehouse.

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