Cinedigm reports second quarter fiscal year 2023 financial results

Consolidated revenue of $14 million, up 39% over prior year total streaming revenue up 78% over prior year record ad-supported streaming revenue up 102% over prior year paid subscribers increased to 1.06 million, up 48% over prior year financial impact of terrifier 2 film release will be reported in fiscal q3 and subsequent quarters los angeles, ca / accesswire / november 14, 2022 / cinedigm corp. ("cinedigm" or "the company") (nasdaq:cidm), a premier streaming technology and entertainment company super-serving enthusiast fan bases, today announced its financial results for the second quarter of fiscal year 2023, which ended september 30, 2022, highlighting the company's positive business results and momentum, growth trajectory, financial targets and plan for sustainable profitability and positive cash flow. chris mcgurk, chairman and ceo of cinedigm, said: "our strong business momentum continues with total streaming revenue increasing 78% in our fiscal second quarter - generating another record revenue quarter for the company.
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