Specialty Retail M&A » By The Online Investor Staff, updated Sat., Mar. 25, 1:09 PM
Recent mergers and acquisitions in the Specialty Retail M&A category.
| This Slide: #12 of 28 |
Slide #12. Cinedigm Corp. — Gaiam, Inc.'s Entertainment Unit
Acquirer:
Cinedigm Corp. (CIDM)
Acquiree:
Gaiam, Inc.'s Entertainment Unit (GAIA)
Details:
Cinedigm Corp. (NASDAQ:CIDM) ("Cinedigm" or the "Company") today announced it has agreed to acquire Gaiam, Inc.'s (NASDAQ:GAIA) entertainment unit, known as "GVE," a leading distributor of home entertainment brands and content, for $51.5 million. Gaiam will retain its health and fitness media business. Cinedigm's acquisition of GVE positions the Company as the market leader for independent film, TV and digital content distribution on every key entertainment platform, retailer and device across theatrical, the home and mobile. This accretive acquisition is expected to add more than $15 million of annual EBITDA to Cinedigm's financial results.
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 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, 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 »
|
||||||||||||||||||||||||
|
|||||||||||||||||||||
 Free Email Alerts:
Get SEC Filing Alerts Get Dividend Alerts 
|
