Cinedigm Agrees to Acquire Streaming and Entertainment Company Digital Media Rights Adding 10 New Channels and 7,500 Titles
Deal scales up Cinedigm with more than 30 streaming services, 46,000 hours of content, 40 million monthly viewers, 18.5 million social subscribers, and 4+ billion views
Cinedigm enters Ad Network Business via DMR's Ad Network & Marketplace which garners more than 100 million connected TV impressions a month
First, the company is a leading global distributor of feature films and television series for the streaming ecosystem, with more than 7,500 titles under distribution.
Secondly, DMR has developed and operates 10 channels focused on enthusiast audiences. Six of these proprietary streaming services are available as free ad-supported streaming television (FAST) channels and/or video-on-demand apps (all apps have ad-supported VOD and premium, subscription VOD options):
- AsianCrush (asiancrush.com): The one-stop portal to the latest Asian entertainment featuring premium movies and shows.
- Midnight Pulp (midnightpulp.com): The perfect late-night channel to end all boredom, offering an expertly curated selection of cult programming with a twist of millennial irreverence.
- RetroCrush (retrocrush.tv): Dedicated to the Golden Age of anime.
- Cinehouse (www.cinehousetv.com): both a standalone channel with apps available across all major devices, as well as a Linear TV streaming bundle, curating niche, enthusiast channels focused on the best movies and TV shows from around the world. Among the linear FAST channels available in Cinehouse's lineup are 24/7 streams of AsianCrush, RetroCrush, Midnight Pulp and KMTV, with more being announced in 2022.
- Cocoro (cocoro.tv): The ultimate destination for kid-friendly shows designed to educate and entertain.
- KMTV (kmtvnow.com): Features all things K-Pop, from music videos of the newest releases to variety show highlights, to all things in between.
Third, through its DMR Social unit, DMR curates social video channels for most of the above brands, as well as four others, with more in development:
- C-Crush: A community for fans of the best Chinese TV and movies.
- Cinehouse Romance: A curated selection of romance-focused movie clips from DMR's library of arthouse and indie films.
- K-Crush: A community for Korean cinema, TV and pop culture addicts.
- QTTV: A community for fans of queer cinema.
See the full story here: https://www.streetinsider.com/Accesswire/Cinedigm+Agrees+to+Acquire+Streaming+and+Entertainment+Company+Digital+Media+Rights+Adding+10+New+Channels+and+7%2C500+Titles/19430520.html
