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Cinedigm Acquires Broad Based Digital & VOD Distribution Rights to Australian Broadcasting Corporati

By Business Wirevia The Motley Fool

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Cinedigm Acquires Broad Based Digital & VOD Distribution Rights to Australian Broadcasting Corporation (ABC) Television Library for U.S., Canada and Latin America

Deal for Over 1,000 Episodes of Award-Winning Television Signals Concentrated Push to Bring International Content to Digital Marketplace

LOS ANGELES–(BUSINESS WIRE)– Cinedigm (NAS: CIDM) has acquired broad-based digital/VOD rights for US, Canada and Latin American to over 1,000 episodes of television from the Australian Broadcasting Corporation (ABC) library. The deal, which encompasses both existing episodes and future inventory and includes all genres spanning contemporary and classic programs, represents a major push into the international marketplace for Cinedigm, a leader in the digital media revolution.

The deal includes such brand name titles as Correlli (starring Hugh Jackman); the classic An Audience with Dame Edna series; Outland, the outrageous 2012 series about a gay science fiction fan club; Double the Fist, the acclaimed Australian slapstick comedy and At Home with Julia, the romantic comedy/political satire about australia‘s first female Prime Minister.

The Australian Broadcasting Corporation is australia‘s national public broadcaster providing premier television, radio, online, and mobile services throughout metropolitan and regional australia, as well as overseas through the Australia Network and Radio Australia. ABC presents programming produced both in house and sourced from independent producers as well as the catalogues of Screen Australia, The Australian Ballet and Opera Australia. Its scope of programming includes current affairs, comedy, children’s, arts and music, science and technology, sports, lifestyle, entertainment, history, education and drama.

“This acquisition reflects the remarkable fluidity of today’s international entertainment marketplace and the ever-growing importance of efficient, cost-effective delivery of digital content worldwide,” said Chris McGurk, Cinedigm’s Chairman and CEO. “ABC has a reputation for superb, varied product and our audiences will now have the opportunity to enjoy that programming in their own regions via devices of their choosing.”

ABC Commercial is delighted to be working with a company with the experience and market reach of Cinedigm and we look forward to audiences in the USA, Canada and Latin America having access to our award-winning, quality ABC productions,” said Robert Patterson, Director of ABC Commercial.

“We’re thrilled to be working with ABC as Cinedigm continues its focus on delivering outstanding, award-winning product to audiences across the widest variety of current – and emerging – digital platforms,” said Mark Kashden, VP Acquisitions for New Video/A Cinedigm company.

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Source: FULL ARTICLE at DailyFinance