- Cinedigm ( NASDAQ: CIDM ) is boosting its flagship streaming service, Cineverse, with a deal to add more than 18,000 films and TV episodes.
- It's expanded an agreement with film distributor Filmhub, marking the first major third-party content transaction for Cineverse.
- The deal brings Cineverse's content library to more than 32,000 film and TV episodes.
- They'll be available on Cineverse's site as well as its apps across iOS/Android, Roku and Samsung devices. Support is coming soon for Amazon Fire TV, LG webOS and Apple TV, the company says.
- Cinedigm is up 3.2% Tuesday. It has a Buy rating from Seeking Alpha authors, while Wall Street considers it a Strong Buy . Seeking Alpha's Quant Ratings consider the stock a Hold .
For further details see:
Cinedigm more than doubles Cineverse content library with expanded deal