Cinedigm Announces Multi-Year Distribution Agreement With Starrise Media to Release Multiple Feature Films in China
Cinedigm Corp - Class A (CIDM)
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Source: GlobeNewswire
LOS ANGELES, Oct. 21, 2019 (GLOBE NEWSWIRE) -- Cinedigm Corp. (NASDAQ:CIDM) today announced a new distribution agreement with leading Chinese entertainment company Starrise Media Holdings Limited (“Starrise Media”) to release films in China theatrically, via broadcast television and to digital platforms. The two companies have worked together previously on bringing Chinese content to the US. The initial focus of the alliance will be on new premium feature films, with goal of five to ten films distributed into China per year. Starrise is a public company listed on the main board of the Stock Exchange of Hong Kong Limited (stock code: 01616). It mainly invests in film, television and other short form content. Starrise distributes film content theatrically and to all key media platforms in China and is committed to significantly growing its investment in entertainment content for the rapidly expanding Chinese theatrical and digital marketplaces. Through this agreement, Cinedi
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