Specialty Retail M&A » By The Online Investor Staff, updated Fri., Apr. 16, 4:46 PM
Recent mergers and acquisitions in the Specialty Retail M&A category.
Slide #11. Cinedigm Corp. — Gaiam Entertainment Media Distribution Business
| Acquirer: |
Cinedigm Corp. (CIDM) |
| Acquiree: |
Gaiam Entertainment Media Distribution Business (GAIA) |
| Details: |
Gaiam, Inc. (NASDAQ:GAIA) ("the Company"), a lifestyle media company, today announced that it has consummated the previously announced sale of its non-Gaiam branded entertainment media distribution business ("GVE") to Cinedigm Corp. (NASDAQ:CIDM) for $51.5 million, plus an adjustment for closing net working capital that is expected to total approximately $5 million to $7 million in additional cash consideration. |
Cinedigm is a distributor and aggregator of independent movie, television and other short form content managing a library of distribution rights to several titles and episodes released across digital, physical, and home and mobile entertainment platforms as well as a servicer of digital cinema assets on several domestic and foreign movie screens. Co.'s segments are: Cinema Equipment Business, which provides monitoring, collection, verification and management services; and Content & Entertainment Business, which collaborates with producers and other content owners to market, source, curate and distribute independent content to audiences in theatres and homes, and via mobile and platforms.
Open the CIDM Page at The Online Investor »
Cinedigm is a distributor and aggregator of independent movie, television and other short form content managing a library of distribution rights to several titles and episodes released across digital, physical, and home and mobile entertainment platforms as well as a servicer of digital cinema assets on several domestic and foreign movie screens. Co.'s segments are: Cinema Equipment Business, which provides monitoring, collection, verification and management services; and Content & Entertainment Business, which collaborates with producers and other content owners to market, source, curate and distribute independent content to audiences in theatres and homes, and via mobile and platforms.
Open the GAIA Page at The Online Investor »
| Company Name: |
| Cinedigm Corp |
| Stock buyback: |
| CIDM buyback |
| Website: |
| www.cinedigm.com |
| Sector: |
| Entertainment |
| Number of ETFs Holding CIDM: |
| 3 |
| Total Market Value Held by ETFs: |
| $2.73M |
| Total Market Capitalization: |
| $206.00M |
| % of Market Cap. Held by ETFs: |
| 1.33% |
|
| Company Name: |
| Gaia Inc (New) |
| Website: |
| www.gaia.com |
| Sector: |
| Entertainment |
| Number of ETFs Holding GAIA: |
| 13 |
| Total Market Value Held by ETFs: |
| $12.51M |
| Total Market Capitalization: |
| $147.00M |
| % of Market Cap. Held by ETFs: |
| 8.51% |
|
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