November 16, 2020

Cinedigm Reports Second Quarter Fiscal 2021 Earnings (Quarter Ending September 30, 2020)

LOS ANGELES–(BUSINESS WIRE)–Cinedigm Corp. (NASDAQ: CIDM) today announced its financial results for the three month period ended September 30, 2020. Key Financial Results: Consolidated revenues were $7.2 million, with OTT Channel streaming up 47% versus prior year quarter Transactional Video-On-Demand (TVOD) and Ad-Based Video-On-Demand (AVOD) Digital Sales increased 27% year-over-year, driven by partners such as Amazon, with 78% growth Ad-supported streaming revenues increased 44% over first


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