About CinedigmCinedigm is a leading independent content distributor in the United States, with direct relationships with thousands of physical retail storefronts and digital platforms, including Wal-Mart, 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. Cinedigm™ and Cinedigm Digital Cinema Corp™ are trademarks of Cinedigm Corp. [CIDM-G]
Cinedigm Corp. (NASDAQ: CIDM) today announced that, in aggregate, Cinedigm's over-the-top streaming channels - Dove Channel, CONtv and Docurama - have over two million app downloads and 420,000 registered users. In addition, the channels had approximately 35,000 active subscribers as of March 31, 2016, the last reporting date across all platforms. "We are thrilled that our 3 channels have generated such interest and enthusiasm among consumers," said Chris McGurk, Chairman and CEO, Cinedigm. "CONtv is just over a year old and Dove Channel launched last September, so we believe this early success bodes very well for the growth prospects of all our channels." Cinedigm channels include: DOVE CHANNEL is targeted to the faith and family audience and offers meaningful mainstream movies, independent films and documentaries, to heartwarming TV series and children's programs. All of Dove Channel's carefully curated content reflects the time-honored standards of The Dove Foundation and its trusted Faith & Family Seal of Approval. CONtv caters to the enormous and avid Comic Con audience. The channel currently boasts 2,500 hours of original programming, curated films and TV episodes, and exclusive Comic Con panel coverage from dozens of annual nationwide conventions. Docurama has a library of over 1,200 titles, including full-length and short-form documentaries, non-fiction TV programming, and behind-the-scenes interviews. Cinedigm's OTT channels can be viewed across a broad spectrum of connected devices including Roku® Players and Roku TV™ models, Android and Mac iOS, the web, and mobile and tablet devices. Additionally, all three channels are now available to Amazon Prime members as part of Amazon's new Streaming Partners Program. Prime members can view Cinedigm's channels with the Amazon Video app available across hundreds of devices. And, with over 40 million households currently using Amazon Prime, or nearly 40% of all American households, the distribution arrangement will significantly extend and expand the potential subscriber base of Cinedigm's OTT channels.