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Travel & Entertainment M&A image Travel & Entertainment M&A » By The Online Investor Staff, updated Fri., Dec. 6, 1:09 PM Recent mergers and acquisitions in the Travel & Entertainment M&A category.

Slide #35. 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 titles and episodes released across digital, physical, and home and mobile entertainment platforms as well as a servicer of digital cinema assets. Co.'s segments are: cinema equipment business, which consists of the non-recourse, financing vehicles and administrators for Co.'s digital cinema equipment; and media content and entertainment business, which is engaged in ancillary market aggregation and distribution of entertainment content and branded and curated digital network business providing entertainment channels and applications.

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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 titles and episodes released across digital, physical, and home and mobile entertainment platforms as well as a servicer of digital cinema assets. Co.'s segments are: cinema equipment business, which consists of the non-recourse, financing vehicles and administrators for Co.'s digital cinema equipment; and media content and entertainment business, which is engaged in ancillary market aggregation and distribution of entertainment content and branded and curated digital network business providing entertainment channels and applications.

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Company Name: 
Cinedigm Corp
Stock buyback: 
CIDM buyback
Website: 
www.cinedigm.com
Sector: 
Entertainment
Number of ETFs Holding CIDM: 
4
Total Market Value Held by ETFs: 
$267474
Total Market Capitalization: 
$32.00M
% of Market Cap. Held by ETFs: 
0.84%
Company Name: 
Gaia Inc (New)
Website: 
www.gaia.com
Sector: 
Entertainment
Number of ETFs Holding GAIA: 
11
Total Market Value Held by ETFs: 
$7.08M
Total Market Capitalization: 
$106.00M
% of Market Cap. Held by ETFs: 
6.68%
 

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