trending Market Intelligence /marketintelligence/en/news-insights/trending/peUTibhDCXR-cUyeMwYszw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Cinedigm to buy 29% stake in Chinese entertainment company

2020 Outlook For Latin American Pay TV, Broadband And Mobile Market

Latin American Pay TV, Broadband Market 2019 Recap

2019 Latin America Multichannel, Broadband And Mobile Market Overview

New Kagan Report: State of Mexican TV Broadcast Sector


Cinedigm to buy 29% stake in Chinese entertainment company

Cinedigm Corp. signed a definitive stock purchase agreement to purchase about 29% of the outstanding equity of Starrise Media Holdings Ltd. from two existing holders.

Under terms of the transaction, the company agreed to issue to the sellers a total of 54,850,103 shares of its class A common stock.

"These are the two biggest entertainment markets in the world, with combined Film and Television revenues estimated to be approximately US$180 billion in 2018," Cinedigm Chairman and CEO Chris McGurk said Jan. 2.

The transaction is expected to close in the first quarter of the year.

Starrise Media distributes film content theatrically and to key media platforms in China.