LOS ANGELES, July 23, 2020 (GLOBE NEWSWIRE) — Cinedigm (NASDAQ: CIDM) announced that the Company has partnered with Plex to stream eight of the Company’s free, ad-supported channels to their US and Worldwide-based consumers. This launch helps Cinedigm reach a savvy demographic that is heavily media-focused and not currently serviced by key streaming platforms. This launch also dramatically expands Cinedigm’s international footprint by reaching a new set of international consumers with a strong interest in media.
Plex, which has over 20 million registered users worldwide, is a popular platform for streaming all forms of media, including free ad-supported movies and TV shows. In the partnership with Cinedigm, Plex will now distribute Cinedigm’s linear channels on an ad-supported video-on-demand basis.“We are excited about the opportunity to provide our full channel catalog to Plex’s large user base of entertainment-focused fans,” said Tony Huidor, Cinedigm’s General Manager of Digital Networks. “Plex gives us access to a worldwide audience, much of it not reachable through our existing distribution footprint. We are excited about the opportunity to further establish our ad-supported channels worldwide.”Cinedigm continues to focus on bringing well-established brands and film & television content from leading content owners into the rapidly growing free ad-supported television marketplace. Consumer interest in premium content remains strong within the OTT ad-supported space as traditional cable and satellite services continue to lose subscribers seeking low-cost alternatives and new options for their entertainment needs.ABOUT CINEDIGM
For more than twenty years, Cinedigm (NASDAQ: CIDM) has led the digital transformation of the entertainment industry. Today, Cinedigm entertains hundreds of millions of consumers around the globe by providing premium content, streaming channels and technology services to the world’s largest media, technology and retail companies. For more information, visit http://www.cinedigm.com/.Press Contact for CIDM:
Jill Calcaterra
310-466-5135
jcalcaterra@cinedigm.com
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