Cinedigm Digital Networks Announces Key Growth Milestones
Cinedigm Corp - Class A (CIDM)
Last cinedigm corp - class a earnings: 2/13 04:05 pm
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Source: GlobeNewswire
LOS ANGELES, Jan. 28, 2019 (GLOBE NEWSWIRE) -- Cinedigm Networks (NASDAQ: CIDM) today announced several key growth milestones for its fast-growing group of digital-first networks: an estimated 2.4 million monthly active ad-supported viewers and 102,000 active subscribers now enjoy Cinedigm’s suite of entertainment networks, which deliver viewers across North America nearly 12,000 hours of premium film, television and live entertainment.Other recent key business achievements include: Achieved over 370% year-over-year growth in ad-supported user base across linear and ad-supported video on demand platforms.Achieved over 205% quarter-over-quarter growth in connected television ad-requests.Grew content library by 6,200 film and television assets – more than 116% year-over-year.Grew total social media footprint to 857,000 followers across YouTube, Facebook, and Instagram.Completed 26 channel launches across 10 new distribution partners over the last two quarters, including Dish Network,
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