Cinedigm Corp has acquired a minority stake as the partners prepare to relaunch Shout! Factory’s Avod Ott channel Shout! Factory TV.
The channel is focused on classic TV and films in an Svod and freemium Avod model.
The companies will extend Cinedigm’s existing home entertainment distribution contract covering Shout! Factory’s library of content.
Cinedigm chairman and CEO Chris McGurk, Cinedigm Entertainment Group president Bill Sondheim and Shout! Factory founders Richard Foos (CEO), Bob Emmer (COO) and Garson Foos (president) made the announcement.
“Shout! Factory has been our long-time partner and we are thrilled to make an investment in this innovative and forward-looking multimedia entertainment company,” said McGurk.
“This new relationship benefits all aspects of Cinedigm’s business and adds Shout! Factory’s classic pop culture-themed Ott channels to our digital network roster that now includes CONtv, Docurama and the upcoming Dove Channel.”
The Shout! Factory founders said the investment offered a chance to up the...
The channel is focused on classic TV and films in an Svod and freemium Avod model.
The companies will extend Cinedigm’s existing home entertainment distribution contract covering Shout! Factory’s library of content.
Cinedigm chairman and CEO Chris McGurk, Cinedigm Entertainment Group president Bill Sondheim and Shout! Factory founders Richard Foos (CEO), Bob Emmer (COO) and Garson Foos (president) made the announcement.
“Shout! Factory has been our long-time partner and we are thrilled to make an investment in this innovative and forward-looking multimedia entertainment company,” said McGurk.
“This new relationship benefits all aspects of Cinedigm’s business and adds Shout! Factory’s classic pop culture-themed Ott channels to our digital network roster that now includes CONtv, Docurama and the upcoming Dove Channel.”
The Shout! Factory founders said the investment offered a chance to up the...
- 6/25/2015
- by jeremykay67@gmail.com (Jeremy Kay)
- ScreenDaily
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