Cinedigm closes acquisition of digital media rights

Deal adds 10 new channels and 7,500 movies and television series to cinedigm's booming streaming business los angeles, ca / accesswire / march 29, 2022 / cinedigm corp. ("cinedigm" or the "company"), a premier streaming technology and entertainment company super-serving enthusiast fan bases, today announced that the company has closed the acquisition of digital media rights (dmr), a diversified specialty streaming, advertising, and content distribution company with significant expertise in building audiences for global content in north america. the acquisition closed on march 28, 2022 with a purchase price of $16.4 million, payable in installments.
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