|Bid||1.9100 x 900|
|Ask||2.2500 x 1200|
|Day's Range||1.9450 - 2.0500|
|52 Week Range||0.4800 - 2.0600|
|Beta (3Y Monthly)||3.10|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 14, 2017 - Jul 17, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.00|
Chris McGurk has been the CEO of Cinedigm Corp. (NASDAQ:CIDM) since 2011. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Next, we'll consider...
Pluto TV users will now have access to CONtv’s extensive library of genre films, classic television series, and original programming carefully curated for the growing community of film, television, and pop culture enthusiasts. The network gives audiences access to thousands of hours of content from an eclectic collection that puts the spotlight on elusive cult films and television shows, and celebrated genre movies ranging from sci-fi, horror, and fantasy, to anime, grindhouse, and martial arts epics. This month, Pluto TV users can enjoy a fresh slate of new additions featuring childhood classics Hey Vern, It’s Ernest! and Angela Anaconda, as well as the beloved art tutorial The Joy Of Painting with Bob Ross, the thriller Open Windows starring Elijah Wood, and Selena Gomez in the 2014 rock n’ roll comedy Behaving Badly.
Cinedigm (CIDM) announced today a partnership with leading OTT platform Future Today, Inc. to distribute the Company’s popular Chinese entertainment channel BAMBU—giving the network the widest distribution of any Chinese content AVOD channel in the United States. Future Today is one of the globe’s major AVOD channel networks, owning and operating more than 700 content channels with over 60 million app installs, and managing 200,000-plus film, television and digital content assets that currently receive over 85 million video views per month in a variety of categories such as entertainment, movies, food & lifestyle, animation, and kids.
Cinedigm (CIDM) announced today the signing of a development deal with former NFL star Trevor Pryce and his Baltimore-based multimedia organization Outlook Company. As part of the agreement, Cinedigm will serve as the development and distribution partner when Outlook’s digital-first network is ready to launch. Cinedigm Digital Networks will provide full digital distribution of the channel, including third-party platforms, a linear channel, home entertainment licensing support and AVOD and SVOD services across all major mobile devices, connected TVs, and set-top boxes.
LOS ANGELES, April 10, 2019 -- On Tuesday, April 9, 2019, Canaccord Genuity LLC analyst Austin Moldow updated coverage on Cinedigm (NASDAQ: CIDM), reiterating a Buy Rating and.
Cinedigm (CIDM) announced today leadership changes within the Company’s Content Entertainment Group to reflect the Company’s evolving focus on digital streaming and content aggregation following its recent announcement to acquire Future Today Inc., a leading OTT streaming video platform. Bill Sondheim, the President of Cinedigm Entertainment Group, will be leaving Cinedigm to pursue outside entrepreneurial opportunities. Current Content Entertainment Group Executive Vice President Yolanda Macias and Senior Vice President Dan Coyle will now lead that group, leveraging their combined 50+ years of industry experience and leadership.
A grandfather’s dying wish leads one woman to confront the memories that she has been running from most of her life in the powerful new drama SWELL. Based on a true story, the film stars Summer Spiro (If Looks Could Kill, ‘Westworld'), Corbin Bernsen (Major League, My Daddy Is In Heaven) and Adrienne Barbeau (Argo, The Fog). SWELL is available On Demand, Digital and DVD March 26 from Cinedigm (CIDM). The tides of regret and redemption converge in SWELL, a story of one woman’s journey to mend the scars of her past. When Tess (Summer Spiro) runs away from home at thirteen, she was forced to leave her baby brother behind.
Cinedigm Corp (CIDM) announced that it has entered into an agreement with Future Today, Inc, a market-leading OTT platform and one of the largest AVOD channel networks in the world, to distribute and Monetize Viewster, Cinedigm’s general entertainment ad-supported service. Under the terms of the agreement, Future Today will relaunch Viewster across all channels of distribution including connected televisions, set-top boxes, mobiles applications, and the web. Founded in Zurich, Switzerland in 2007, and acquired by Cinedigm in February 2019, Viewster is a core element of the Company’s ad-based content strategy, offering an eclectic entertainment library of more than 6,000 films and series.
LOS ANGELES and NEW YORK, March 19, 2019 -- Cinedigm Corp (NASDAQ: CIDM), a leading independent distributor, announced today a new partnership with CMC Pictures, a major.
Today Cinedigm (CIDM) announced it entered into a definitive agreement to buy Future Today, Inc. for $60 million comprised of $45 million in cash and $15 million in Cinedigm stock (or approximately 8.3 million shares.) We expect this deal to close mid-May or thereabouts. It has positive net income and cash flow and is expected to be immediately accretive to Cinedigm. Bison Capital will be providing the funding to complete the deal by a combination of buying Cinedigm equity and providing a loan.
Seven Bay Area companies that raised more than $100 million in funding, three M&A; deals and another mega-fund raised by a Silicon Valley venture firm were announced at the end of the week. Here are the details.
The deal will increase Cinedigm’s OTT footprint from 2.4 million monthly active users to more than 7.6 million.
This acquisition increases Cinedigm's over-the-top footprint to over 7.6 million monthly active users and 67 million total app installs, the company said in the Friday announcement. Future Today owns over 700 content channels with over 70 million app installs and manages more than 200,000 film, television and digital content assets that receive 85 million views per month in a variety of categories including food and lifestyle, entertainment, animation and kids.
Acquisition of One of the World’s Largest AVOD Channel Networks Increases Cinedigm’s OTT Footprint to over 7.6 Million Monthly Active Users and 67 million app installs.
Cinedigm (CIDM) announced today a partnership with Comedy Dynamics—the top indie producer of stand-up comedy, features and TV Shows—to launch and distribute their comedy channel branded Comedy Dynamics Network. Cinedigm Digital Networks will provide full digital distribution of the channel, including third-party platforms, a la carte licensing options, and a live linear channel in the first phase of launch—thus giving Comedy Dynamics the ability to launch as both AVOD and SVOD networks across all major mobile devices, connected TVs, and set-top boxes. The live linear channel is slated to roll-out immediately in the spring, and will showcase their library of top-tier comedy titles.
LOS ANGELES, March 04, 2019 -- Cinedigm Corp. ("Cinedigm" or the "Company") (NASDAQ: CIDM) received formal notification from The Nasdaq Stock Market LLC ("Nasdaq") that the....
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While the Cinedigm (CIDM) reported a stronger than expected FY Q3 due to higher digital cinema revenues, the biggest upside news is the projector sales will be counted as revenue rather than other income. The company has already booked sale of projectors in FYQ4 and has the prospect of more sales in FY2020 and beyond. Cinedigm sold 311 digital cinema projection systems in this current March quarter from the company’s Phase 1 purchases and is currently in the process of selecting an advisory firm with expertise in this area to monetize the remaining 3,396 systems.
NEW YORK, Feb. 19, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Cinedigm (CIDM) announced today the sale of 84 digital cinema projection systems to two cinema chains, bringing the total number of systems sold to date to 328. “We are very pleased with the continued interest from cinema chains in purchasing our systems as such sales were originally contemplated to occur at the conclusion of the digital cinema deployment plan,” said Gary Loffredo, President of Digital Cinema. Cinedigm led the entertainment industry initiative to convert movie theaters from 35mm analog projectors to digital projection technology.
Cinedigm (CIDM) announced today that Gary Loffredo has been appointed to the newly created role of Chief Operating Officer. In addition, Loffredo will retain his roles as General Counsel and President of Digital Cinema. Loffredo will continue reporting to Chris McGurk, Chairman of the Board and Chief Executive Officer, and will be responsible for the day-to-day management of legal, finance, human resources, business development, IT and strategic planning. This move is also intended to streamline the Company’s corporate structure and enhance management effectiveness and coordination. Loffredo has been a key management figure with Cinedigm since 2000, working in a variety of roles including Senior Vice President – Business Affairs, General Counsel, Secretary, and Interim Co-Chief Executive Officer, and serving on the Board of Directors.
Net Loss to Common Stockholders Improves 44% Versus the Prior Year Quarter Based on Reduced Interest Costs and Improved Content and Entertainment Performance Content and.
LOS ANGELES, Feb. 13, 2019 -- Cinedigm Corp. ("Cinedigm" or the "Company") (NASDAQ: CIDM) received formal notification from The Nasdaq Stock Market LLC ("Nasdaq") that the....
Cinedigm (CIDM) announced today that two of the Company’s popular digital-first networks—the faith-based DOVE CHANNEL and the documentary-devoted DOCURAMA—are available on DISH as part of its customizable On Demand subscription offerings. Both DOVE CHANNEL and DOCURAMA can be purchased à la carte for $4.99 per month each. Additionally, DISH customers can enjoy DOVE and DOCURAMA’s extensive library of films, series, and original content as part of a free preview of all on-demand subscriptions running from Monday, February 4 through Sunday, February 10.