Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,501.65 -12.72 -0.08%
S&P 500 1,875.39 -4.16 -0.22%
NASDAQ 4,126.97 -34.49 -0.83%
Ticker Volume Price Price Delta
STOXX 50 3,175.97 -23.72 -0.74%
FTSE 100 6,674.74 -7.02 -0.11%
DAX 9,544.19 -55.90 -0.58%
Ticker Volume Price Price Delta
NIKKEI 14,404.99 -141.28 -0.97%
TOPIX 1,164.90 -8.91 -0.76%
HANG SENG 22,529.29 19.65 0.09%

Cinedigm and Universal Studios Home Entertainment Enter into Multi-Year Home Entertainment Distribution Relationship



  Cinedigm and Universal Studios Home Entertainment Enter into Multi-Year Home
  Entertainment Distribution Relationship

 Cinedigm will Manage Sales and Marketing of its Product; Universal to Handle
        Physical Distribution of Cinedigm titles across North America

Business Wire

LOS ANGELES -- May 14, 2013

Cinedigm (NASDAQ: CIDM), the global leader in digital content distribution,
and Universal Studios Home Entertainment, the premier home entertainment
company, have entered into a multi-year agreement whereby Universal will
provide comprehensive supply-chain services across North America for
Cinedigm’s growing DVD and Blu-ray library of independent films,
documentaries, TV programs and other content, the two companies announced
today. Cinedigm’s existing sales force will continue selling directly to
customers.

The arrangement encompasses Cinedigm’s library of over 5,000 titles which
includes award-winning documentaries from Docurama Films^®, next-gen indies
from Flatiron Film Company^® and acclaimed independent films and festival
picks through partnerships with the Sundance Institute and Tribeca Film.
Cinedigm also distributes many award-winning and Oscar^®-nominated films
including “THE INVISIBLE WAR,” “HELL AND BACK AGAIN,” “GASLAND,” “WASTE LAND,”
and “PARADISE LOST 3: PURGATORY.”

Additionally, Cinedigm has aggressively entered the independent film business
in the last year with upcoming and recent multi-platform releases including
Craig Zisk’s THE ENGLISH TEACHER, Jared Moshe’s DEAD MAN’S BURDEN, Dante
Ariola’s ARTHUR NEWMAN, Geoffrey Fletcher’s VIOLET & DAISY, Malika
Zouhali-Worrall and Katherine Fairfax Wright’s CALL ME KUCHU, Jimmy Loweree’s
ABSENCE, and Shaul Schwarz’s NARCO CULTURA.

“Having worked with Craig Kornblau at both Disney and Universal, I’m thrilled
to be working with him and the entire Universal Studios Home Entertainment
team again,” said Chris McGurk, Chairman of the Board and CEO, Cinedigm. “With
Universal by our side, we look forward to rapidly expanding our home
entertainment business and are certain that more opportunities to work
together will develop as this partnership evolves.”

“Cinedigm is an excellent complement to our evolving portfolio of distribution
partners," said Craig Kornblau, President, Universal Studios Home
Entertainment. “Chris and his team have created an innovative, entrepreneurial
and fast-growing company with a substantial film and television library,
which, paired with Universal’s formidable home entertainment distribution
structure, effectively positions our companies for a long and prosperous
collaboration."

Bob Fiorella, Chief Strategy Officer of Cinedigm, negotiated the agreement on
Cinedigm’s behalf.

About Cinedigm

Over the past decade, Cinedigm has led the digital distribution revolution
that continues to transform the media landscape. In addition to its pioneering
role in transitioning movie theatres from traditional film prints to digital
distribution, Cinedigm continues to advance worldwide cinema modernization
with its suite of software products allowing exhibitors and distributors to
manage their newly digital businesses with efficiency, insight and certainty.
And, as the leading distributor of independent content in the world, Cinedigm
collaborates with producers and the exhibition community with unequalled
transparency to market, source, curate and distribute quality content across
all digital platforms to targeted and profitable audiences.

Cinedigm™ and Cinedigm Digital Cinema Corp™ are trademarks of Cinedigm Digital
Cinema Corp www.cinedigm.com. [CIDM-G]

About Universal Studios Home Entertainment

Universal Studios Home Entertainment is a unit of Universal Pictures, a
division of Universal Studios (www.universalstudios.com). Universal Studios is
a part of NBCUniversal, one of the world’s leading media and entertainment
companies in the development, production, and marketing of entertainment,
news, and information to a global audience. NBCUniversal owns and operates a
valuable portfolio of news and entertainment television networks, a premier
motion picture company, significant television production operations, a
leading television stations group, world-renowned theme parks, and a suite of
leading Internet-based businesses. NBCUniversal is owned by Comcast
Corporation.

Contact:

Cinedigm Public Relations:
MBC
Maggie Begley
Maggie@mbcprinc.com
Office: 310.301.1785
Mobile: 310.749.3055
or
UNIVERSAL
Lea Porteneuve
818.777-1391
Lea.porteneuve@nbcuni.com
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement