Cinedigm to acquire Digital Media Rights in US$16.4 million deal
LA-based distributor and channels operator Cinedigm has finalised its $16.4m acquisition of North American streaming, advertising and distribution firm Digital Media Rights (DMR). The acquisition will bring ten DMR-owned streaming channels, including AsianCrush and RetroCrush, under the Cinedigm umbrella, and the company expects the purchase to generate approximately $10m in incremental revenue and $3m in […]