Cinedigm and Magnet Media Productions Enter into Multi-Picture Strategic Distribution Relationship

  Cinedigm and Magnet Media Productions Enter into Multi-Picture Strategic
  Distribution Relationship

Business Wire

LOS ANGELES -- May 15, 2013

Cinedigm (NADSAQ: CIDM) and Magnet Media Productions today announced they have
entered into partnership to distribute five feature films over the next three
years using Cinedigm’s expansive digital distribution and marketing
capabilities.

“In Cinedigm, we have found a partner who can help us bring our films to best
possible audiences and to guide the marketing efforts behind those releases,”
said Michele Ohayon, Chief Executive Officer of Magnet. “A smart theatrical
release for independent projects is invaluable in terms of enhancing awareness
and interest, and Cinedigm has created the perfect model for getting films to
theatres in a financially responsible manner, creating tremendous upside for
the entire industry.”

Magnet Media Productions’ slate has Academy Award®-winning talent in front of
and behind the camera and is defined by high-concept commercial and
cast-driven projects with authentic characters and compelling stories. The
company is currently in pre-production on MARRIED AND CHEATING starring Sarah
Jessica Parker, Eva Longoria and Brendan Frasier. Other recent films include
THIRTEEN, starring Sam Riley, 50 Cent and Mickey Rourke, THE EXPERIMENT
starring Academy Award® winners Adrien Brody and Forrest Whitaker, and DARK
TIDE starring Academy Award® winner Halle Berry and Olivier Martinez.

“We are thrilled to bring Magnet’s commercially-minded projects to the big
screen,” said Vincent Scordino, Vice President of Acquisitions for Cinedigm.
“It’s vital to the entire industry that the independent film community stay
strong and vibrant, and this type of smart theatrical release with targeted
marketing is bound to do just that.”

Scordino negotiated the deal on behalf of Cinedigm.

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. The company’s
library of over 5,000 titles 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 is proud to distribute many
Oscar®-nominated films including “The Invisible War,” “Hell and Back Again,”
“GasLand,” “Waste Land” and “Paradise Lost 3: Purgatory.”

CIDM-G

About Magnet Media Productions

Magnet Media Productions (MMP)  is a California-based LLC. MMP is a film
finance and production company, with offices in Beverly Hills, Cologne, and
London. The Company was launched in 2009 as an equity film fund and has since
expanded to include senior and junior debt financing for films, funded by its
German division MMP. The company’s mission is to be a self-sustained,
international media company, exploring resources and content that bring the
utmost value to the screen.

Contact:

Cinedigm Public Relations:
MBC
Maggie Begley
Office: 310.301.1785
Mobile: 310.749.3055
Maggie@mbcprinc.com
 
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