Jun 2, 2020
Cinedigm Partners with SpringServe for its Ad Serving Platform
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Partnership provides Cinedigm with SpringServe’s advanced ad management platform for OTT video advertising

NEW YORK and LOS ANGELES, June 02, 2020 (GLOBE NEWSWIRE) -- Leading independent entertainment studio Cinedigm (NASDAQ: CIDM) has announced a strategic partnership with SpringServe, the leading ad serving platform for over-the-top (OTT) and connected TV (CTV). With the agreement, SpringServe will become the primary ad framework for Cinedigm’s growing portfolio of free ad-supported streaming television channels. This partnership with SpringServe will allow Cinedigm to better manage and more effectively monetize their high-value video advertising inventory as the company continues to expands its ad-supported video-on-demand (AVOD) and linear channel services.

“As the company continues to expand our OTT business by launching more streaming channels across major ad-supported platforms, Cinedigm is pleased to partner with SpringServe who is a key technology partner in the rapidly growing ad-supported space,” said Tony Huidor, Senior Vice President of Product & Technology for Cinedigm. “Through SpringServe’s robust ad platform capabilities and wide support by major demand partners, we are excited to utilize their technology to further accelerate our ad-supported business.”

“We’re thrilled to have a streaming leader such as Cinedigm join the SpringServe OTT ecosystem,” said Jason Pedrick, Senior Vice President of Sales for SpringServe. “It is a signal to the market that our industry-leading CTV features such as advanced ad podding, real-time analytics, and server-side video header bidding helps ad-supported digital content companies increase the value of their advertising inventory.”

To date, Cinedigm has established direct relationships with more than 25 leading ad demand partners who are buying Cinedigm’s premium CTV ad inventory. As part of the partnership, SpringServe will also provide Cinedigm access to additional ad demand partnerships to better optimize ad inventory yield by increasing CPM and improving fill rates. The partnership—which began mid-May—is expected to continue to ramp up and should be fully-realized by the end of June.

ABOUT CINEDIGM:
Since inception, Cinedigm (NASDAQ: CIDM) has been a leader at the forefront of the digital transformation of content distribution. Adapting to the rapidly transforming business needs of today’s entertainment landscape, Cinedigm remains a change-centric player focused on providing content, channels and services to the world’s largest media, technology and retail companies. Cinedigm’s Content and Networks groups provide original and aggregated programming, channels and services that entertain consumers globally across hundreds of millions of devices. For more information, visit www.cinedigm.com.

ABOUT SPRINGSERVE
SpringServe is the leading independent ad serving platform for OTT, CTV, and video advertising. Its software offers a full stack of ad serving, optimization, and automation solutions that make video ad serving smarter across devices. Trusted by leading publishers & advanced TV distributors, its platform delivers control, transparency, and analytics to increase ad performance and revenue from media sales. Headquartered in New York City, SpringServe is an open solution that was purpose-built for OTT & CTV advertising solutions. For more information, visit http://www.springserve.com.

PRESS CONTACT
Jill Calcaterra
jcalcaterra@cinedigm.com

cinedigm_logo.jpg

Source: Cinedigm Digital Cinema Corp.

May 29, 2020
Cinedigm Acquires North American Rights to the Inspirational Film EVERYDAY MIRACLES
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Gary Cole, Erik Smith & Zoe Perry star in this faith-friendly, family film

LOS ANGELES, May 29, 2020 (GLOBE NEWSWIRE) -- Cinedigm Corp (NASDAQ: yea, CIDM) announced today that it has acquired all North American Distribution rights to Cotton Films’ EVERYDAY MIRACLES, a faith based movie starring Gary Cole (“VEEP,” “Entourage”), Erik Smith (A Walk to Remember) and Zoe Perry (”Young Sheldon”).

Written and directed by Marty Madden, EVERYDAY MIRACLES is an inspiring film about a reluctant faith healer named Cotton (Smith) who is taken in by a horse rancher (Cole) and his family after escaping his troubled past. His new life is soon tested when his mother (Lusia Strus) comes to town, disrupting his progress and jeopardizing a possible future with his love interest “Young Sheldon’s” Zoe Perry. But, through his journey, Cotton learns the value of compassion and family through hard work and selflessness.

The film is set to be released in September 2020.

“If there was ever a time that we need stories of hope, this is it,” says Yolanda Macias, EVP, Content Acquisitions, Digital Sales and Studio Relations at Cinedigm. “Films have the incredible power to move and inspire especially in times of trial. EVERYDAY MIRACLES is surely a film that families will enjoy watching together.”

"While we were making this film, we could have never imagined this is the world we’d be releasing it into,” says Madden. “Though, so much seems uncertain now, we hope this film is able to bring some hope and happiness to those who need it most.”

EVERYDAY MIRACLES was produced by James J. Bagley & Tom Tangen.  Co-Producers are John Rogers, Michael Donahue, Ray Michaels Quiroga, Tara Lonzo, Andres Agazaryan and Janet Winchell.  Associate Producers are Frank Mora, Michael Quiroga, Jimmy Dux, Liz Rodriguez and Fernando Gonzalez.

The deal was negotiated by Macias and Director of Acquisitions Josh Thomashow on behalf of Cinedigm and John W. Bosher and Chris Charles of Throughline Films on behalf of the filmmakers.

ABOUT COTTON FILM LLC
Cotton Film LLC is a joint venture of James Bagley Productions Ltd. and Kiva Films LLC.  James Bagley is a film, television, and theatrical producer whose recent credits include the film “Genius” starring Colin Firth, Jude Law, Nicole Kidman and Laura Linney and the Showtime series, “Penny Dreadful: City of Angels.” Marty Madden is President of Kiva Films LLC, an independent film and television production company, located in Santa Fe, New Mexico.  His writing and film credits include Susan Seidelman’s enchanting wheelchair ballroom dance romance, “Musical Chairs” and the soon to be released documentary short, “Funeral Queen” following the life and times of Santa Fe Funeral Director and drag queen, Marie Antoinette DuBerry.  

ABOUT CINEDIGM
Cinedigm powers custom content solutions to the world's largest retail, media and technology companies. The global company provides premium feature films and series to digital platforms including Netflix, Amazon, Xumo, Roku, Vizio, Dish/Sling, Apple, and Google plus cable/satellite providers including Comcast, Dish Network and DirectTV in addition to major retailers including Wal-Mart and Target. Leveraging Cinedigm's unique capabilities, content and technology, the company has emerged as a leader in the fast-growing digital-first channel business, with seven networks under management that reach hundreds of millions of devices while also providing premium content and service expertise to the entire digital-first ecosystem. With reciprocal distribution partnerships in both the United States and China, Cinedigm's growing stable of platforms has unprecedented availability in the two largest markets in the world.

PRESS CONTACTS
Jill Calcaterra
jcalcaterra@cinedigm.com 

cinedigm_logo.jpg

Source: Cinedigm Digital Cinema Corp.

May 21, 2020
New ‘Scribd Perks’ Provides Unparalleled Access to Premium Entertainment and Education Content, Including Cinedigm’s CONtv + Comics
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LOS ANGELES, May 21, 2020 (GLOBE NEWSWIRE) -- The world’s most fascinating library just got even better! In addition to millions of e-books, audiobooks, and magazines, Scribd subscribers will now get free access to music, movies, documentaries, comics, educational games, and more through “Scribd Perks,” including Cinedigm’s (NASDAQ: CIDM) CONtv + Comics. Scribd Perks offers complimentary subscriptions to a curated selection of partner apps including Pandora, TuneIn, Peak - Brain Training, CuriosityStream, CONTV + Comics, FarFaria, and MUBI. Premium access to these services is now available for all Scribd subscribers at no additional cost.

“With millions of people around the world continuing to shelter in place, having access to different forms of enrichment is more important than ever before,” said Trip Adler, CEO and co-founder of Scribd. “We’re thrilled to be partnering with leading consumer brands to offer a more accessible way for people to easily stay informed, entertained, and connected. Scribd is designed to help people explore the world’s best content, and now, with the launch of our new Scribd Perks platform, there’s even more premium content to discover.”

Scribd Perks partners include:

  • Pandora PlusAd-Free Music and Podcasts, Personalized Just for You
    • The best music and podcast listening experience gets even better. Enjoy ad-free personalized music stations based on your favorite artists, songs, and genres, replay tracks, listen to stations offline, discover top podcasts, and more.
  • TuneIn Premium: Live Sports, Commercial-Free News, Music, and Podcasts
    • Hear every NFL, MLB, NBA, and NHL game with no blackouts. Commercial-free news from top networks like MSNBC, CNBC, and FOX News Talk. 50+ channels of commercial-free music for every mood and activity. Plus less ads on 100K live radio stations and all your favorite podcasts. 
    • The number one brain training app with over 50 million users across the world. Through Peak, you can push your cognitive skills, train harder, and use your time better with fun, stimulating games and workouts.
    • Explore your passions, discover new ones, or just indulge your inner geek with thousands of original and hand-selected series, specials and shorts covering space, art, volcanoes, history, travel, cars, architecture, dinosaurs, and so much more.
    • Enjoy unlimited access to CONtv’s curated programming roster of enigmatic and eclectic pop culture movies and television series. In addition, gain access to almost 10,000 digital comic book issues from top publishers such as IDW, Valiant, Dynamite Entertainment, and many others.
  • FarFariaRead Aloud Story Books for Kids
    • A reading app that offers thousands of illustrated books for children ages 1-9. With unlimited access to a curated library and new titles published every week, FarFaria keeps kids engaged and learning. 
  • MUBIStream Hand-picked Cinema 
    • A curated streaming service that offers an ever-changing collection of hand-picked films. Stream beautiful, interesting, incredible movies — a new one, every single day. Every movie on MUBI is carefully chosen, so you spend less time searching for great films and more time watching them.

Scribd’s mission is to change the way the world reads. We have been at the forefront of the bundling movement by bringing together documents, e-books, audiobooks, magazine articles, and more into one reading subscription. With these new partnerships and the launch of Scribd Perks, we are excited to expand on our bundling model and continue to diversify and improve our content offering for subscribers.

ABOUT CINEDIGM:
Since inception, Cinedigm (NASDAQ: CIDM) has been a leader at the forefront of the digital transformation of content distribution. Adapting to the rapidly transforming business needs of today’s entertainment landscape, Cinedigm remains a change-centric player focused on providing content, channels and services to the world’s largest media, technology and retail companies. Cinedigm’s Content and Networks groups provide original and aggregated programming, channels and services that entertain consumers globally across hundreds of millions of devices. For more information, visit www.cinedigm.com.

ABOUT SCRIBD:
Scribd is the unlimited reading subscription that offers access to the best books, audiobooks, news and magazine articles, documents and more. Scribd is available across iOS and Android devices, as well as web browsers, and hosts more than 100 million readers across the globe every month. For more, visit www.scribd.com and follow @Scribd on Twitter and Instagram.

Press Contact for CIDM:
Jill Calcaterra/310-466-5135
jcalcaterra@cinedigm.com

Press Contact for Scribd:
Remi Harrad
remih@scribd.com

cinedigm_logo.jpg

Source: Cinedigm Digital Cinema Corp.

May 20, 2020
Cinedigm Corp. Announces $8 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules
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LOS ANGELES, May 20, 2020 (GLOBE NEWSWIRE) -- Cinedigm (NASDAQ: CIDM) (“Cinedigm” or the “Company”), today announced it has entered into definitive agreements with investors for the purchase and sale of 10,666,666 shares of its common stock at a purchase price of $0.75 per share in a registered direct offering priced at-the-market under Nasdaq rules. The closing of the offering is expected to occur on or about May 22, 2020, subject to the satisfaction of customary closing conditions.

The Benchmark Company LLC and A.G.P./Alliance Global Partners are acting as co-lead placement agents for the offering.
  
This offering is being made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-238183) previously filed with the U.S. Securities and Exchange Commission (the “SEC”). A prospectus supplement describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov. Electronic copies of the prospectus supplement may be obtained, when available, from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, or by telephone at (212) 624-2060, or by email at prospectus@allianceg.com. Before investing in this offering, interested parties should read in their entirety the prospectus supplement and the accompanying prospectus and the other documents that the Company has filed with the SEC that are incorporated by reference in such prospectus supplement and the accompanying prospectus, which provide more information about the Company and such offering.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Cinedigm

Since inception, Cinedigm (CIDM) has been a leader at the forefront of the digital transformation of content distribution. Adapting to the rapidly transforming business needs of today’s entertainment landscape, Cinedigm remains a change-centric player focused on providing content, channels and services to the world’s largest media, technology and retail companies. Cinedigm’s Content and Networks groups provide original and aggregated programming, channels and services that entertain consumers globally across hundreds of millions of devices. For more information, visit www.cinedigm.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” "plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Cinedigm is using forward-looking statements in this press release when it discusses expected timing of the closing of the offering. Because such statements deal with future events and are based on Cinedigm’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Cinedigm could differ materially from those described in or implied by the statements in this press release.

The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Cinedigm’s annual report on Form 10-K filed with the SEC on July 16, 2019, and in any subsequent filings with the SEC. Except as otherwise required by law, Cinedigm undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Cinedigm is not responsible for the contents of third-party websites.

Press Contact for CIDM:

Jill Calcaterra/310-466-5135
jcalcaterra@cinedigm.com

cinedigm_logo.jpg

Source: Cinedigm Digital Cinema Corp.

May 20, 2020
Cinedigm Expands US Distribution Via Launch of CONtv, Dove Channel, Comedy Dynamics & Docurama on Amazon’s IMDb TV
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Further expands the rapid growth and reach of Cinedigm’s ad-supported, linear streaming business

LOS ANGELES, May 20, 2020 (GLOBE NEWSWIRE) -- Cinedigm (NASDAQ: CIDM) announced today that IMDb TV is now offering Cinedigm’s free ad-supported linear channels CONtv, Dove Channel, Comedy Dynamics and Docurama.

The launch of these four channels on Amazon’s IMDb TV further extends the reach and distribution of Cinedigm’s ad-supported business. Cinedigm continues to make good on its commitment to bring the Company’s diverse and eclectic portfolio of channels to as many consumers as possible by easily making them accessible across all major video streaming platforms.

IMDb TV is a free streaming video service with thousands of premium movies and TV shows available anytime.  IMDb TV is available as an app on Fire TV and a free Channel within the Prime Video and IMDb apps across hundreds of devices.  IMDb TV is also available on the IMDb website or visit www.amazon.com/imdbtv.

To stream Cinedigm’s four linear channels click on the “Watch IMDb TV Live” tab.

About the channels:

  • Comedy Dynamics – amazing stand-up comedy specials (Samsung TV+, Roku, Xumo, Redbox)
  • CONtv Channel – a free, limited, linear version of our genre movie subscription service (Samsung TV+, Roku, Sling, Dish, Comcast, Redbox, Vizio)
  • Dove Channel – a free, limited, linear version of our family subscription service (Samsung TV+, Roku, Sling, Dish, Comcast, Redbox, Vizio)
  • Docurama – a free, limited linear version of our documentary film streaming service (Samsung TV+, Roku, Sling, Dish, Comcast, Redbox)

“We are excited to bring our portfolio of linear channels to IMDb TV’s fanbase of highly targeted followers of film and television content,” said Tony Huidor, Cinedigm’s Senior Vice President of Product & Technology. “With IMDb TV as a distribution partner we can now introduce our channel portfolio to an ever-growing base of users across a key free streaming service.”

Viewers can watch for free on @IMDbTV through the “IMDb TV Watch Live” tab. Visit amazon.com/IMDbTV to start watching.

ABOUT CINEDIGM
Since inception, Cinedigm (NASDAQ: CIDM) has been a leader at the forefront of the digital transformation of content distribution. Adapting to the rapidly transforming business needs of today’s entertainment landscape, Cinedigm remains a change-centric player focused on providing content, channels and services to the world’s largest media, technology and retail companies. Cinedigm’s Content and Networks groups provide original and aggregated programming, channels and services that entertain consumers globally across hundreds of millions of devices. For more information, visit www.cinedigm.com.

Press Contact for CIDM:
Jill Calcaterra/310-466-5135
jcalcaterra@cinedigm.com

cinedigm_logo.jpg

Source: Cinedigm Digital Cinema Corp.

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Contact Us
For more information, please contact Cinedigm at +1(424) 281-5400 or
infobox@cinedigm.com