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Specialty Retail M&A image Specialty Retail M&A » By The Online Investor Staff, updated Sat., Mar. 25, 1:38 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, theatrical, home and mobile entertainment platforms, and a servicer of digital cinema assets (Systems) for movie screens. Co.'s segments are: Cinema Equipment Business, which provides financing vehicles and administrators for Systems installed; and Content and 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 other platforms.

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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, theatrical, home and mobile entertainment platforms, and a servicer of digital cinema assets (Systems) for movie screens. Co.'s segments are: Cinema Equipment Business, which provides financing vehicles and administrators for Systems installed; and Content and 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 other 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: 
$2.99M
Total Market Capitalization: 
$77.00M
% of Market Cap. Held by ETFs: 
3.88%
Company Name: 
Gaia Inc (New)
Website: 
www.gaia.com
Sector: 
Entertainment
Number of ETFs Holding GAIA: 
4
Total Market Value Held by ETFs: 
$1.78M
Total Market Capitalization: 
$42.00M
% of Market Cap. Held by ETFs: 
4.23%
 

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