Cinedigm, a streaming technology and entertainment company, has closed the acquisition of Digital Media Rights (DMR), a specialty streaming, advertising, and content distribution company. The acquisition closed on March 28th with a purchase price of $16.4 million (€14.7m), payable in instalments. The company paid the first payment of $8 million in cash at closing, which […]

Streaming services specialist Cinedigm has reached an agreement to acquire Digital Media Rights (DMR), a streaming, advertising, and content distribution company. Founded more than a decade ago by media industry veterans Michael Hong and David Chu, DMR focuses on four key streaming businesses. First, the company is a leading global distributor of feature films and […]