Edition:
United States

Cinedigm Corp (CIDM.OQ)

CIDM.OQ on NASDAQ Stock Exchange Global Market

1.67USD
28 Apr 2017
Change (% chg)

$0.14 (+9.15%)
Prev Close
$1.53
Open
$1.57
Day's High
$1.68
Day's Low
$1.57
Volume
35,293
Avg. Vol
44,004
52-wk High
$2.70
52-wk Low
$0.90

Latest Key Developments (Source: Significant Developments)

Cinedigm signs deal with Verizon Digital Media Services
Wednesday, 12 Apr 2017 12:00pm EDT 

Cinedigm Corp : Cinedigm signs agreement with Verizon Digital Media Services to power linear stream distribution .Deal enables co to expand distribution of programmed linear streams direct to consumers as well as to television services.  Full Article

Cinedigm updates progress in operations, financings and real estate expense reductions
Monday, 9 Jan 2017 06:00am EST 

Cinedigm Corp : Cinedigm updates progress in operations, financings and real estate expense reductions . Cinedigm Corp - deployment debt reduced by $53 million in last 12 months . Cinedigm - Cinedigm entered agreement to terminate lease for corporate space in century city California,entered lease for office space in Sherman Oaks .Cinedigm Corp - change in lease agreement will provide cinedigm with savings of over $700,000 on an annualized basis.  Full Article

Cinedigm says entered into exchange agreement under which co issued 450,000 shares of class A common stock, warrants - SEC filing
Friday, 23 Dec 2016 01:20pm EST 

Cinedigm Corp - : Cinedigm - On Dec 22, co entered into exchange agreement pursuant to which co issued 450,000 shares of its class A common stock, warrants - SEC filing . Cinedigm - Agreement to purchase 200,000 shares of common stock in exchange for $3.4 million principal amount of co's 5.5% convertible notes due 2035 .Cinedigm Corp- Warrants become exercisable six months after issuance, have a five-year term, an exercise price of $1.60 per share - SEC filing.  Full Article

Cinedigm expands partnership with LeEco to launch two additional streaming channels
Monday, 14 Nov 2016 01:06pm EST 

Cinedigm Corp : Expanded partnership with leading global company LeEco to launch two additional streaming channels . Co and LeEco to continue to explore additional partnership opportunities for channels and content both domestically and overseas .Docurama and a yet-to-be named entertainment channel currently in development will launch on LeEco in Q1 2017.  Full Article

Cinedigm Q1 revenue $22.5 million
Monday, 15 Aug 2016 04:05pm EDT 

Cinedigm Corp : Cinedigm announces first quarter fiscal 2017 financial results . Q1 revenue $22.5 million .Qtrly loss per share attributable to common stockholders $0.70.  Full Article

Cinedigm says co's board to be reduced to 5 directors
Friday, 15 Jul 2016 11:00am EDT 

Cinedigm Corp: Cinedigm appoints Ron Chez as new lead director . Cinedigm board will be reduced to 5 directors .Cinedigm says Blair Westlake and Martin O'connor have resigned from board to achieve the reduction.  Full Article

Cinedigm Q4 revenue $23.2 mln
Thursday, 14 Jul 2016 04:05pm EDT 

Cinedigm Corp : Cinedigm announces fourth quarter fiscal 2016 financial results . Q4 revenue $23.2 million .Cinedigm corp says is on track to achieve in excess of $10 million in cost savings that were initiated in fiscal 2016.  Full Article

Cinedigm buys content from Bridgestone Multimedia Group
Tuesday, 12 Jul 2016 09:00am EDT 

Cinedigm Corp : Cinedigm acquires premium content from Bridgestone Multimedia Group .Has closed an agreement to acquire 45 films and 10 series from Bridgestone Multimedia Group.  Full Article

Cinedigm Corp. announces 1-for-10 reverse stock split
Monday, 9 May 2016 05:07pm EDT 

Cinedigm Corp :Company's class A common stock will begin trading under new CUSIP number 172406 209 on may 10, 2016.  Full Article

Cinedigm Corp takes majority interest in CONtv
Thursday, 19 Nov 2015 11:00am EST 

Cinedigm Corp:Says entered an agreement with wizard world to take ownership of 85% of contv, with wizard world retaining 10% interest.Says previously, wizard world had 42.5 percent interest in contv.  Full Article

More From Around the Web

BRIEF-Cinedigm signs deal with Verizon Digital Media Services

* Cinedigm signs agreement with Verizon Digital Media Services to power linear stream distribution