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Cinedigm Corp - cidm STOCK NEWS

Welcome to our dedicated news page for Cinedigm (Ticker: cidm), a resource for investors and traders seeking the latest updates and insights on Cinedigm.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cinedigm's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cinedigm's position in the market.

Rhea-AI Summary
Cineverse Corp. has announced a FAST focused content deal with The Preview Channel™, a popular AVOD channel that features the latest motion picture, television, and streaming previews. The deal includes full channel distribution and the use of Cineverse's Matchpoint™ technology for advertising. The Preview Channel™ has a devoted fan base and is performing well in the crowded OTT marketplace.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.65%
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Rhea-AI Summary
Cineverse Corp. will release financial results for the fiscal first quarter ended June 30, 2023, on August 14, 2023. The company is a global streaming technology and entertainment company with a large portfolio of streaming channels and content libraries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.12%
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Rhea-AI Summary
Cineverse has acquired all North American rights to the body-swap psychological thriller Devils after its premiere at the Fantasia Film Festival. The film will be released on SCREAMBOX, Cineverse's horror streaming service, this fall. Devils, written and directed by Kim Jae-hoon, has received positive reviews for its intense narrative and outstanding performances. The film follows a determined detective who becomes trapped in the body of a serial killer he was trying to apprehend. SCREAMBOX offers a variety of horror content and is available on multiple platforms.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.77%
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Rhea-AI Summary
Cineverse extends partnership with VA Media to expand global footprint on YouTube and social platforms.
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Cineverse Corp. expands partnership with Amagi to leverage Amagi CONNECT, allowing for quicker monetization and easier discovery process for streaming platforms. The partnership aims to bring more third-party content to Cineverse and expand its reach internationally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.96%
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partnership
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Rhea-AI Impact
Rhea-AI Sentiment
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4.07%
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Rhea-AI Summary
Cineverse Corp. recently closed a public offering that raised approximately $8 million. The company has been successful in the streaming market, with a library of over 70,000 titles and a popular streaming channel, Cineverse. The release of the horror film Terrifier 2 was a major success, earning over $15 million at the box office. Cineverse leveraged its streaming properties to generate awareness for the film and increase subscribers. The company has also secured new partnership and M&A opportunities for valuable IP. Despite the undervalued stock price, Cineverse raised funds through the equity offering to invest in future growth.
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Rhea-AI Sentiment
End-of-Day
5.58%
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Rhea-AI Summary
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Rhea-AI Sentiment
End-of-Day
-31.18%
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News
Rhea-AI Summary
Cinedigm Corp. is rebranding to Cineverse, a global streaming technology and entertainment company. The company's stock symbol will change from CIDM to CNVS. Cineverse aims to transform the way people discover and interact with films and TV shows through its proprietary technology and extensive content library. It plans to offer more compelling content and streaming channels than its competitors.
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Cinedigm Corp

Nasdaq:CIDM

CIDM Rankings

CIDM Stock Data

55.05M
156.19M
13.75%
7.32%
2.32%
Motion Picture and Video Production
Information
Link
US
New York

About CIDM

For more than twenty years, Cinedigm has led the digital transformation of the entertainment industry. Today, Cinedigm entertains hundreds of millions of consumers around the globe by providing premium content, streaming channels and technology services to the world's largest media, technology and retail companies.