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Cinedigm (CIDM) Presents At 12th Annual Craig Hallum Alpha Select Conference
Cineverse Cineverse (US:CNVS)2021-11-23 19:42

Company Overview - Cinedigm is transitioning from a digital cinema equipment and physical content distributor to a leading independent streaming entertainment company[5,7] - The company focuses on super-serving global enthusiast fan bases with curated content through SVOD, AVOD, and FAST channels[5] - Cinedigm controls a library of over 40,000 film & TV assets[5] Financial Highlights - The company's streaming & digital business is experiencing high growth, with expected annual revenue growth of over 50%[8] - As of September 30, 2021, the company had $13 million in cash and no debt[12] - Content & Entertainment segment accounted for 90% of revenue[12] Market Positioning and Growth - Cinedigm is positioned in a large and growing streaming market, with a total global market estimated at ~$60 billion[16] - The U S enthusiast market is estimated at $3 billion[16] - The company is capitalizing on the cord-cutting trend and the rise in SVOD & AVOD migration[21] Strategic Initiatives - Cinedigm is executing a roll-up strategy through content-related acquisitions to enable SVOD, AVOD & FAST[29] - The company is expanding its streaming platform technology through the acquisition of FoundationTV, creating a content "Umbrella" streaming service[25] - Cinedigm is establishing key strategic advantages through partnership deals with connected streaming TV, large OEMs, cable companies, and technology platforms[34] Key Metrics and Future Targets - As of September 2021, Cinedigm had 33 million monthly streaming viewers[12] - The company aims to reach $150 million in revenue and 40 million monthly viewers in the next 3 to 5 years[39]