Cinedigm Closes Acquisition of Global VOD Service Viewster And Its Subsidiary Platform Viewster Anime
Cinedigm Corp - Class A (CIDM)
Last cinedigm corp - class a earnings: 2/13 04:05 pm
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Source: GlobeNewswire
LOS ANGELES, Feb. 05, 2019 (GLOBE NEWSWIRE) -- Cinedigm (NASDAQ: CIDM) announced today the acquisition of the global VOD service Viewster and its subsidiary platform Viewster Anime, in a landmark move that further bolsters Cinedigm’s extensive OTT content portfolio, while adding an established and well-known property with a massive homegrown consumer base. The Company will immediately take over ownership and management of all Viewster and Viewster Anime content, augmenting the platforms’ roster of fandom and Anime offerings into Cinedigm’s library of channels and content, with select programming debuting on the Company’s popular fandom lifestyle network CONtv. As part of the move, Cinedigm will also be overseeing the operation of all content, applications, and social assets belonging to both platforms. Ad sales will be handled in-house and through Cinedigm’s network of partners. Viewster Anime will continue to exist as a subscription channel on Amazon Channels as well as the recent
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