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Stock impact report

Cinedigm Partners with XUMO, One of the Fastest Growing OTT Video Services, to Launch Linear Digital-first Networks

Cinedigm Corp - Class A (CIDM) 
Last cinedigm corp - class a earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.cinedigm.com
Company Research Source: GlobeNewswire
LOS ANGELES, Feb. 12, 2018 (GLOBE NEWSWIRE) -- Cinedigm Corp. (NASDAQ:CIDM) (“Cinedigm”) today announced the launch of its digital-first linear networks and video-on-demand (VOD) services on XUMO. XUMO provides over-the-top (OTT) VOD and live, premium digital channels direct to consumers via smart TVs, mobile and streaming device integrations. XUMO has strategic partnerships with companies such as LG Electronics, Hisense, VIZIO and Panasonic to provide one-click access for consumers. Through the partnership with XUMO, Cinedigm’s channels will now be made available and readily accessible in over 45% of all smart TVs sold in the US, which equates to more than 20 million households nationwide. XUMO’s single-button functionality incorporated into the remote control on select VIZIO smart TVs, along with its deep integration with the TV tuners in LG and Hisense electronics, provide consumers with unprecedented, easy access to hundreds of channels without requiring downloads. With the add Show less Read more
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