Cinedigm Transition Complete to ‘High-Growth’ Streaming: CEO

Cinedigm “successfully completed” moving from a “legacy” digital cinema equipment business to “high-growth independent streaming,” CEO Chris McGurk told a call for fiscal Q4 ended March 31. There’s a “huge potential market for our portfolio of enthusiast streaming channels,” said McGurk Wednesday. “This strategy and our channels are perfectly complementary to the big general entertainment subscription services like Disney+ and Netflix.” Cinedigm will soon launch the Elvis Presley Channel as an ad-supported VOD and linear streaming service in partnership with Elvis Presley Enterprises, said Cinedigm Networks President Erick Opeka. Cinedigm distributes 16 “enthusiast” streaming channels through 31 platforms, including TCL, Roku and Vizio, said Opeka.