Start / Menu > Find Press Releases > Full Press Release
Morristown, NJ and Woodland Hills, CA—Oct 6, 2011
Cinedigm Digital Cinema Corp. Signs Definitive Documentation to Sell Digital Delivery Assets to Technicolor
Deal expected to close in November
Cinedigm Digital Cinema Corp. (NASDAQ: CIDM), its wholly-owned subsidiary Access Digital Media, Inc., and Technicolor USA, Inc. have signed an agreement for Technicolor to acquire certain assets of Cinedigm’s physical and electronic distribution business, as well as global, software license agreements related to Cinedigm’s digital theatrical movie and trailer distribution business.
Initially announced on July 27, 2011, the deal is expected to close in November 2011and is subject to customary and limited closing conditions. During the next month, the companies plan to work together to ensure a smooth transition for customers and employees.
About Cinedigm:
Cinedigm Digital Cinema Corp. is a leader in providing the services, experience, technology and content critical to transforming movie theaters into digital and networked entertainment centers. The Company partners with Hollywood movie studios, independent movie distributors, and exhibitors to bring movies in digital cinema format to audiences across the country. Cinedigm's digital cinema deployment organization, state of the art distributor and exhibition software, and marketing and distribution platform for alternative content and independent films are a cornerstone of the industry's digital cinema transformation. With the April acquisition of New Video, the world's largest aggregator of independent digital content and leading distributor of quality entertainment, CIDM has created a new full service end-to-end digital studio, enabling the Company to acquire and distribute independent films and specialty content both theatrically and via digital, mobile and home media platforms.
Cinedigm Directory page
More Cinedigm Press Releases:
Apr 29, 2013
Cinedigm and ICAA Secure Virtual Print Fee Program to Benefit Independent Cinemas in Australia and New Zealand
Apr 12, 2013
Cinedigm Signs Over 100 Drive-In Movie Theatres to Digital Cinema Program
Feb 4, 2013
Cinedigm and NATO Team Together to Lead the Digital Conversion of Drive-In Movie Theatres
Jan 15, 2013
Southern Theatres Selects Cinedigm Enterprise Software to Centrally Manage its Digital Theatres
Dec 4, 2012
Cinedigm Names Dan Sherlock President of Software
Nov 6, 2012
Theatre Service Network Adopts Cinedigm EMS Software to Manage Booking Services for Over 50 Exhibitors
Oct 18, 2012
Cinedigm Digital Cinema Corp. Announces Digital Deployment with Reading International, Including the Angelika New York, the Most Prestigious Arthouse in the United States
Oct 16, 2012
Cinedigm Digital Cinema Corp. Announces First Large Scale International Digital Deployment with Caribbean Cinemas
Oct 16, 2012
LD Entertainment to Manage Theatrical Releases Using Cinedigm’s TDS Distribution Software
Oct 15, 2012
Cinedigm Digital Cinema Corp. Passes 12,200 Digital Screen Signings Mark, with 273 Exhibitor Partners on Board
Oct 12, 2012
Cinedigm Digital Cinema Corp. Reaches Milestone for Community and Local Theatres Across the Country with 3,000 Screens Signed
Oct 9, 2012
Goodrich Quality Theatres Expands Relationship with Cinedigm Software, Bringing Full Benefits of Digital Cinema To Their Digital Theatre Circuit
Oct 1, 2012
Cinedigm Digital Cinema Corp. Announces Digital Deployment Pact with Belmont Capital, LLC for “Your Neighborhood Theatres”
Sep 28, 2012
Cinedigm Announces Digital Deployment Pact with Metropolitan Theatres Corporation
Sep 12, 2012
Cinedigm’s EMS™ Software to Manage Carmike Cinemas’ Booking and Payments
Aug 14, 2012
Cinedigm Digital Cinema Corporation Crosses 11,000 Screen Deployments with Announcement of Digital Deployment Pact with Celebrity Theatres
Jul 31, 2012
Cinedigm and Arc Entertainment to Partner on “Nitro Circus the Movie 3D”
Jul 25, 2012
Cinedigm Brings Digital Theatre Management System to Brazil, Starting with Cinesystem’s Hortolandia Theatre
Jul 17, 2012
Rob Springer Joins Cinedigm Software; Susan Wells and Pamela Kelly Elevated to Sr. Vp
Jun 18, 2012
Altive Media and Cinedigm Entertainment Group Form Alternative Content Partnership
More
©Copyright 2003-2011 . All rights reserved.
