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NEWS: "Cinedigm Signs Deal with HHSE Medallion Releasing"















Cinedigm Signs Distribution Agreement with Hannover House’s Medallion Releasing

The deal will supplement Cinedigm’s already robust distribution pipeline

May 12, 2016

LOS ANGELES--(BUSINESS WIRE)-- Cinedigm (NASDAQ: CIDM) announced today they have entered into a multi-year distribution relationship with Medallion Releasing, Hannover House’s releasing arm. The deal is effective immediately.

Cinedigm will be handling the DVD and Blu-ray releases of Medallion Releasing for most of the mass merchant and big box retailers including Walmart, Kmart, Target, Costco, Best Buy and Sam’s Club. Additionally, as part of the relationship, Cinedigm will assist with production solicitation, in-store merchandising strategies, and consumer marketing related to store placement support.

“Headed by long time industry veteran Eric Parkinson, Hannover House has always had an ability to recognize consumer trends, emerging stars and film topic matters that have driven strong commercial results," said Bill Sondheim, President of Cinedigm Entertainment. “We are thrilled to be working with this strong market driven supplier as the industry continues to look for viable independent content that compliments the studio hits with edgier and more controversial content.”

"Bill and his team at Cinedigm are recognized throughout the industry as the leading distributor of high-end programming for the home video and V.O.D. markets," said Eric Parkinson, CEO of Hannover House and Medallion. "We are honored and excited to be a part of the Cinedigm family of suppliers as we launch into an era of high-end releases for our company."

The deal will provide Cinedigm with a pipeline of high quality, marketable films, television series and specials including Dark Awakening, Brutal Colors, Salvation and Union Bound. Additionally, Cinedigm will handle the North American home video rights to ten higher budgeted theatrical releases from Medallion that are being presented this week at the Cannes.

About Cinedigm (NASDAQ: CIDM)

Cinedigm is a leading independent content distributor in the United States, with direct relationships with thousands of physical retail storefronts and digital platforms, including Walmart, Target, iTunes, Netflix, and Amazon, as well as the national Video on Demand platform on cable television. The company’s library of films and TV episodes encompasses award-winning documentaries from Docurama Films®, next-gen Indies from Flatiron Film Company®, acclaimed independent films and festival picks through partnerships with the Sundance Institute and Tribeca Films and a wide range of content from brand name suppliers, including Scholastic, NFL, Shout Factory, Hallmark, Jim Henson and more.

Additionally, given Cinedigm’s infrastructure, technology, content and distribution expertise, the Company has rapidly become a leader in the quickly evolving over-the-top digital network business. Cinedigm’s first channel, DOCURAMA, launched in May 2014, and is currently available on iOS, Roku, Xbox and Samsung, with additional platforms currently being rolled out. Cinedigm launched CONtv, a Comic Con branded channel in partnership with WIZARD WORLD, on March 3, 2015. The Company’s third OTT channel, DOVE CHANNEL, launched on September 15, 2015 and is a digital streaming subscription service targeted to families and kids seeking high quality and family friendly content approved by Dove Foundation.

Source: Cinedigm


http://www.otcmarkets.com/stock/CIDM/news

http://www.businesswire.com/news/home/20160512005254/en/Cinedigm-Signs-Distribution-Agreement-Hannover-House%E2%80%99s-Medallion








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