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Morristown, N.J.,—Oct 26, 2009

Cinedigm Announces Agreement with Overture Films for Content Delivery and Virtual Print Fees

Overture Supporting Cinedigm’s Phase Two Deployment Program
Building on the strong relationship Cinedigm Digital Cinema Corp. (NASDAQ:CIDM) and Overture Films have shared since Overture’s inception in 2007, the companies announced today an agreement through which Overture will support Cinedigm’s Phase Two Digital Cinema Deployment Plan. The ten-year agreement commits Overture to release its feature movies in digital cinema format and to pay virtual print fees (VPFs) to Cinedigm when those features run on Cinedigm exhibitor partners’ digital screens.
 
Cinedigm’s Phase Two Digital Cinema Deployment Plan is designed to aid in the deployment of as many as 10,000 digital screens nationwide. Overture signed a similar agreement to participate in Cinedigm’s Phase One Deployment Program and is a customer of both Cinedigm’s distribution software and its satellite delivery services.
 
“Cinedigm continues to be a great partner for Overture Films in our effort to take advantage of the growing demand for digital features,” said Kyle Davies, Executive Vice-President, Theatrical Distribution at Overture. “Digital cinema represents the industry’s future. Overture is proud to work closely with Cinedigm to help make that future a reality.”
 
“This agreement reinforces Overture’s commitment to digital cinema,” said Chuck Goldwater, President of Cinedigm’s Media Services Group. “Overture has become a major player in the industry highlighted by movies from ambitious, creative moviemakers. It naturally follows that the Overture would continue to play a leadership role in the digital era.”

To date, Cinedigm has contracted for and completed the rollout of nearly 4,000 systems in forty-one states with exhibitors including Atlas Cinemas, Allen Theatres, Carmike Cinemas, Celebration! Cinema, Cinema West, Cinetopia, Dickinson Theatres, Emagine, Galaxy Cinema, Georgia Theatre Company, Great Escape Theatres, Marquee Cinemas, Krikorian Premiere Theatres, MJR Theatres, Neighborhood Cinema Group, Premiere Cinema Corp., Rave Motion Pictures, Showplace Cinemas, UltraStar Cinemas, and Cinedigm's own Pavilion Digital Showcase Theatre. Its Phase Two plan aims to provide networked, turnkey Digital Cinema systems, in conformance with DCI specifications, for up to an additional 10,000 screens.
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 About Overture Films: Overture Films develops, produces, acquires, and distributes feature length, theatrical motion pictures worldwide.  The studio is a wholly owned unit of Starz Media, a controlled subsidiary of Liberty Media Corporation attributed to the Liberty Capital Group.  Its affiliated companies, Anchor Bay Entertainment and Starz Entertainment, make the films available domestically to viewers via home video, premium television, Internet and other outlets. Overture Films Directory page
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