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Cinedigm Taps Jeffrey Edell To Be CFO

By | Monday June 9, 2014 @ 6:43am PDT

Cinedigm(Los Angeles, CA; June 9, 2014) – Cinedigm (NASDAQ: CIDM), the leading independent content distributor in the U.S., has appointed Jeffrey Edell as Chief Financial Officer. The appointment, effective immediately, was announced today by Cinedigm Chairman and CEO Chris McGurk. In addition to his CFO role, Edell will be a part of the Company’s Management Committee.

“I am thrilled that Jeff has joined our team,” said McGurk. “Having worked closely with him at DIC Entertainment while I was a Director there, I know of his clear ability to create and manage a first class financial effort and team at a public company. Holding a CPA and with significant private and public company experience, as well as a deep track record in accounting, reporting, M&A activities and business development, Jeff will be a great asset to Cinedigm as we continue to focus on our ambitious business objectives.”

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Deadline’s Cannes Party: Cocktails On The Croisette – Photos

Cannes Film Festival Deadline Party
Cannes2014_badge__140417160328-150x150 (1)Deadline Hollywood has been breaking news at the Cannes Film Festival for quite some time. But this year, we decided to close our laptops and turn off our phones (just for a little bit) and hold what is the first of many big splashes on the Croisette. Deadline Hollywood’s Cocktails on the Croisette — sponsored by American Express, The Consulate General of France in Los Angeles and the Film Fraternity — drew a plethora of studio executives, filmmakers and celebrities Friday afternoon at the 67th annual fest. Hosts Co-Editor-In-Chief Mike Fleming Jr., Awards Columnist Pete Hammond and International Editor Nancy Tartaglione were on hand at the exclusive La Gold Plage to raise a glass of champagne to executives from Sony Pictures Classics, Lionsgate,  Cinedigm, Blumhouse Productions, Picturehouse, IM Global, Film4, Paradigm and Resolution Agency, among others. Click on a photo to launch the slideshow: Read More »

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Cannes: Even Sundance Pics Are Selling, As Cinedigm, Film Arcade Land ‘Song One’

Mike Fleming

songoneEXCLUSIVE: Cannes is racking up some pretty prolific sales, and that’s not even limited to the films playing here or being sold here. I’ve heard that Cinedigm is near closing on an acquisition deal for Song One, the Kate Barker-Froyland-directed film that stars Anne Hathaway and premiered at the Sundance Film Festival last January, but it’s closing here and calls for a multi-platform opening. Hathaway plays a young archaeologist whose street musician brother is hit by a car and falls into a coma. She develops a relationship with her brother’s favorite musician (played by Johnny Flynn). The deal will include a theatrical release through Film Arcade and it’s a near 7-figure minimum guarantee with a P&A commitment.

Related: Cannes: Directors To Watch

The film is financed by Worldview Entertainment, and produced by Chris Woodrow, Molly Conners, Jonathan Demme, Hathaway and Marc Platt. Hathaway is completely on board with the release plan through Film Arcade and Chris McGurk’s Cinedigm, and she will promote the film’s release aggressively. CAA brokered the deal. Lotus is selling international.

Related: Cannes 2014: A Look At Hot Titles

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Cinedigm, Rapid Eye Film Ink 15-Picture Distribution Deal

By | Tuesday April 29, 2014 @ 12:00pm PDT

CinedigmCinedigm Corp. has pacted with Rapid Eye Film on a 15-film distribution and production arrangement that will see the companies partner on three to four genre films per year. The deal covers North American release and distribution on Rapid Eye Films-produced pictures, which Cinedigm will handle theatrical and home entertainment on as Rapid Eye Films produces and manages marketing. Cinedigm will be involved in production from start to finish while the selected Rapid Eye indie genre titles get guaranteed multiplatform distribution. Rapid Eye’s most recent release is company founder Marco Weber’s California Scheming starring Gia Mantegna and Chad Lowe. Weber is the producer of such films as Igby Goes Down, The 13th Floor, Unthinkable, The Informers, and Fireflies in the Garden. Weber and attorney Paul Mayersohn of Surpin and Mayersohn negotiated the deal with Cinedigm’s EVP Acquisitions Yolanda Macias.

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Cinedigm Acquires Danish Pic ‘Antboy’

By | Monday March 24, 2014 @ 11:08am PDT

fantastic-trailer-for-the-superhero-film-antboy-headerCinedigm has acquired U.S. distribution rights to Antboy, the Danish live action family film directed by Ask Hasselbalch, which premiered last year at Toronto. The pic, based on Kenneth Bogh Andersen’s comic book series, follows shy and ordinary 12-year-old Pelle as he is transformed into an extraordinary superhero after being bitten by a super-ant. When the girl of his dreams is kidnapped, Pelle (now “Antboy”) sets about to rescue her, bringing him into an adrenaline-charged conflict with super-villain “The Flea.” Antboy will premiere theatrically on April 16 in Los Angeles, Dallas, Denver, Phoenix and Seattle. Pic was produced by Birgitte Hald, Eva Jakobsen and Lea Løbger. The deal was negotiated by Macias on behalf of Cinedigm.

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AFM: Cinedigm Snaps Up Two Installments Of ‘Easy Money’

By | Thursday October 31, 2013 @ 10:16am PDT
Mike Fleming

Cinedigm has acquired from TrustNordisk Easy Money: Hard To Kill and Easy Money: Life Deluxe, the thriller that launched the stars of Safe House helmer Daniel Espinosa and Robocop‘s Joel Kinnaman with the original 2010 Swedish crime noir film. Cinedigm has slated both films for release in 2014 across all platforms including theatrical, digital and physical DVD/BR. Both pics star Kinnaman. “These great Scandinavian thrillers have found a perfect home with Cinedigm as the North American distributor, and we are very happy about the co-operation”, TrustNordisk CEO Rikke Ennis said. Besides the North American deal with Cinedigm, TrustNordisk has so far sold Life Deluxe to more than 35 countries including the Netherlands, Belgium and Luxembourg (Lumiere), Switzerland (Frenetic), Korea (Sonamu), and Czech Republic/Slovakia (Film Europe). The pic premiered at Busan International Film Festival and market screenings will be held at AFM.

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Cinedigm Says $51.1M Deal For Gaiam’s Entertainment Unit Will Boost Its Video Distribution Clout

By | Thursday October 17, 2013 @ 3:40pm PDT

Cinedigm‘s picking up GVE (for Gaiam Vivendi Entertainment) which is a power in distribution of DVDs and Blu-ray discs — and complements Cinedigm’s efforts in theaters and digital. The goal is to make the company “a huge force in the independent content distribution business,” CEO Chris McGurk tells me. GVE has strong relationships with retailers including Walmart and Target, and rights to videos from WWE, NFL, Discovery, Henson, and National Geographic. He says the acquisition will result in higher earnings: The company expects the deal to boost annual cash flow by $15M. It also will add GVE President Bill Sondheim to its executive roster as President of Cinedigm’s Entertainment Group (CEG), reporting to McGurk and COO/CFO Adam Mizel. But Cinedigm had to do a little financial juggling to pay for GVE. It announced a new $55M credit facility, a $5M subordinated 5-year loan facility, $3M of restricted stock ($1M to Gaiam and $2M to “an existing shareholder”), and an underwritten public offering of up to $13M. Some investors apparently want to sit on the sidelines until they see how the public offering will be priced — expected tomorrow. Cinedigm shares fell 7.8% in after hours trading. The company hoped to reassure the market by forecasting “strong financial results” for the second half of its fiscal year with revenues as high as $86M. While it won’t release results for its most recent quarter until next month, Cinedigm … Read More »

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Toronto: Cinedigm Acquires Kelly Reichardt’s ‘Night Moves’

By | Friday September 20, 2013 @ 10:18am PDT
Mike Fleming

Cinedigm has acquired North American rights to the Kelly Reichardt-directed Night Moves, which just played Toronto, Venice and Deauville. The film, about environmentalists trying to blow up a hydroelectric dam, stars Jesse Eisenberg, Dakota Fanning and Peter Sarsgaard. Cinedigm is eyeing a spring release. UTA repped the film.

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Cinedigm Ups Vincent Scordino To SVP Theatrical Releasing

By | Tuesday September 3, 2013 @ 11:31am PDT

In the newly created post, Vincent Scordino will oversee Cinedigm‘s distribution and acquisitions, reporting to Cinedigm Entertainment Group Co-President Susan Margolin. He was VP. Prior to joining Cinedigm last summer, Scordino was with Millennium Films, following stints at Apparation, Picturehouse and Sandra Marsh Management. Cinedigm is in theaters with Our Nixon, Short Term 12 and Afternoon Delight (in partnership with The Film Arcade).

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Cinedigm Acquires ‘Adventures Of The Penguin King’ Docu

By | Thursday August 8, 2013 @ 9:35am PDT
Mike Fleming

Cinedigm acquired the North American distribution rights to Adventures Of The Penguin King, a documentary produced by Atlantic Productions that tracks the exploits of one King Penguin. The film was shot entirely in 4K 3D, and Cinedigm is planning a multi-platform release this winter. The film follows Rex–a King Penguin voiced by Tim Allen–starting as a young King Penguin living near the remote island of South Georgia also known as “Penguin City,” a sub-Antarctic habitat that plays host to leopard and elephant seals, albatrosses, and six million penguins. After years at sea as a bachelor, Rex’s adventure begins when he ventures to start a family. “King Penguins are surprisingly expressive, full of character, and despite the harsh realities of filming for five months in the remote Antarctic, we were able to capture a moving and irresistibly comic story of one penguin’s challenge to find a mate and raise a chick,” said producer Anthony Geffen.

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Cinedigm Lands Home Vid, VOD Rights To Kids Franchise ‘The Hive’

By | Wednesday August 7, 2013 @ 10:28am PDT

Cinedigm has inked a deal on the animated CG show The Hive, the youngster franchise catering to the pre-school set aired globally in 150 international markets including Disney Junior. The pact with Hive Enterprises, Bejuba! and Disney Junior covers North American home video, VOD, and digital rights to all 26 half-hour episodes of the series about the Bee Family – Buzzbee, Pappa Bee, Mamma Bee, and Rubee – who live in Honeybee Hive. The show debuted on Disney Junior in 2012. Joester Loria Group reps US licenting with domestic and international brand partners extending across puzzles, iOS and other apps, educational toys, furniture, plush toys, music, and more. Cinedigm will put out three new Hive DVDs on November 5 in addition to a digital release for Season One: A Very Buzzbee Christmas, Buzzbee’s Family Adventures, and Party in Honeybee Hive.

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Cinedigm Forges Acquisition And Distribution Alliance With Demarest Films

By | Tuesday June 25, 2013 @ 8:00am PDT

Los Angeles, CA, June 25, 2013 (NASDAQ: CIDM): Demarest Films and Cinedigm today announced they have entered into a co-acquisition and distribution partnership that combines Cinedigm’s full service acquisition and digital distribution and marketing capabilities with Demarest’s deep financing, development, acquisition and production resources to create a new co-acquisition and marketing arrangement that should greatly expand independent film acquisition, marketing and distribution opportunities for both parties.

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Hot Trailer: ‘Short Term 12′

By | Monday June 3, 2013 @ 1:41pm PDT

Brie Larson earned kudos out of SXSW 2013 for her turn as a troubled social worker in Destin Daniel Cretton’s Audience- and Grand Jury Prize-winner. Cinedigm snapped up Short Term 12 a few weeks after its Austin premiere and will release it August 23. Check out the first trailer:

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GKIDS Expands Cinedigm Deal To Create New Label For Animated Pics

By | Thursday May 30, 2013 @ 2:03pm PDT

GKIDS is the indie animation distributor that has had a run of its pics up for Oscars the past few years with The Secret Of Kells (in 2010) and Chico & Rita and A Cat In Paris (both in 2012). The pact with digital distributor Cinedigm expands on the companies’ existing home entertainment partnerships and creates a new multiplatform label, with GKIDS continuing to distribute its films theatrically and Cinedigm handling all other distribution under the GKIDS brand.

The first title in the partnership is From Up On Poppy Hill, the latest from Hayao Miyazaki’s Studio Ghibl, which is distributed domestically via GKIDS. Poppy Hill, released in the U.S. in March, is directed by Miyazaki’s son Goro and is set in Yokohama in 1963 as Japan picks itself up from the devastation of World War II and prepares to host the Olympics. The English-language voice cast that including Gillian Anderson, Sarah Bolger, Beau Bridges, Jamie Lee Curtis, Bruce Dern, Isabelle Fuhrman, Christina Hendricks, Ron Howard and Chris Noth among others. Frank Marshall and Kathleen Kennedy executive produced, and a September 3 home vid release is planned. Read More »

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Cinedigm And Magnet Media To Partner On Five Features

By | Wednesday May 15, 2013 @ 7:27am PDT

Los Angeles, CA, May 15, 2013 — Cinedigm (NADSAQ: CIDM) and Magnet Media Productions today announced they have entered into partnership to distribute five feature films over the next three years using Cinedigm’s expansive digital distribution and marketing capabilities.

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Cinedigm Fare Going Home With Universal

By | Tuesday May 14, 2013 @ 5:00am PDT

Los Angeles, CA, May 14, 2013  Cinedigm, the global leader in digital content distribution, and Universal Studios Home Entertainment, the premier home entertainment company, have entered into a multi-year agreement whereby Universal will provide comprehensive supply-chain services across North America for Cinedigm’s growing DVD and Blu-ray library of independent films, documentaries, TV programs and other content, the two companies announced today.  Cinedigm’s existing sales force will continue selling directly to customers. The arrangement encompasses Cinedigm’s library of over 5,000 titles which includes award-winning documentaries from Docurama Films, next-gen indies from Flatiron Film Company and acclaimed independent films and festival picks through partnerships with the Sundance Institute and Tribeca Film. Cinedigm also distributes many award-winning and Oscar-nominated films including “THE INVISIBLE WAR,” “HELL AND BACK AGAIN,” “GASLAND,” “WASTE LAND,” and “PARADISE LOST 3: PURGATORY.” Bob Fiorella, Chief Strategy Officer of Cinedigm, negotiated the agreement on Cinedigm’s behalf.

Related: Cinedigm Will Outfit Drive-Ins With Digital Projectors

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Film Arcade And Cinedigm Pick Up Sundance Winner ‘Afternoon Delight’

Afternoon DelightJill Soloway is having a pretty good year. She won the U.S. Dramatic Directing Award at Sundance in January, and now her feature debut Afternoon Delight has a distributor. The Film Arcade acquired theatrical rights with Cinedigm handling ancillary markets. The dark comedy follows a bored woman (Kathryn Hahn) in an uneventful marriage who hires a stripper (Juno Temple) as her live-in nanny. Josh Radnor and Jane Lynch co-star in the film produced by Jen Chaiken and Sebastian Dungan. “We fell in love with Afternoon Delight at Sundance and look forward to working with Jill, Jen and Sebastian to bring their film to audiences throughout the country,” said The Film Arcade’s Miranda Bailey today in a statement. Before turning to features, Soloway earned three Emmy noms for outstanding drama series as a writer and co-executive of HBO’s Six Feet Under. Her TV credits also include How To Make It In America and United States Of Tara. UTA’s Rena Ronson and Hailey Wierengo and Linda Lichter and Jamie Feldman of Lichter, Grossman, Nichols, Adler & Feldman repped the filmmakers on the deal.

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Hot Trailer: ‘Violet & Daisy’

By | Tuesday April 30, 2013 @ 6:16pm PDT

Saoirse Ronan and Alexis Bledel star in Violet & Daisy as a pair of hit girls swept up in intrigue with their latest target (James Gandolfini). Precious writer Geoffrey Fletcher wrote and directed the 2011 Toronto Film Fest entry. Cinedigm is promising a June release but has yet to lock down a date. Check out the trailer:

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CNN Films & Cinedigm Acquire ‘Our Nixon’; Presidential Docu To Air In August

By | Wednesday April 24, 2013 @ 8:07am PDT

CNN Films and Cinedigm have picked up Our Nixon for TV broadcast and theatrical release this summer. The film of Super 8 home movie footage of Richard Nixon and his administration is set to debut on CNN in August and will be released theatrically by Cinedigm the same month. Directed by Penny Lane, the film consists of footage shot by the 37th President’s top aides H.R. Haldeman, John Ehrlichman, and Dwight Chapin from 1969-1973. Our Nixon had its North American premiere at this year’s SXSW. Production and acquisition unit CNN Films was formed in October and made its debut as a buyer at this year’s Sundance.

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