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Cinedigm Acquires North American Rights to the Inspirational Film EVERYDAY MIRACLES

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Cinedigm Corp (NASDAQ: CIDM) has acquired North American distribution rights to EVERYDAY MIRACLES, a faith-based film featuring Gary Cole and Erik Smith. The film, directed by Marty Madden, tells the story of a reluctant faith healer navigating personal challenges amidst a new family dynamic. Scheduled for release in September 2020, the acquisition reflects Cinedigm's strategic focus on uplifting content during challenging times. The deal was brokered by Cinedigm's Yolanda Macias and Throughline Films' John W. Bosher.

Positive
  • Acquisition of North American distribution rights to a new film could enhance content portfolio.
  • Film 'EVERYDAY MIRACLES' aligns with market demand for uplifting content during difficult times.
  • Potential for increased viewership and revenue from a faith-based audience.
Negative
  • None.

LOS ANGELES, May 29, 2020 (GLOBE NEWSWIRE) -- Cinedigm Corp (NASDAQ: yea, CIDM) announced today that it has acquired all North American Distribution rights to Cotton Films’ EVERYDAY MIRACLES, a faith based movie starring Gary Cole (“VEEP,” “Entourage”), Erik Smith (A Walk to Remember) and Zoe Perry (”Young Sheldon”).

Written and directed by Marty Madden, EVERYDAY MIRACLES is an inspiring film about a reluctant faith healer named Cotton (Smith) who is taken in by a horse rancher (Cole) and his family after escaping his troubled past. His new life is soon tested when his mother (Lusia Strus) comes to town, disrupting his progress and jeopardizing a possible future with his love interest “Young Sheldon’s” Zoe Perry. But, through his journey, Cotton learns the value of compassion and family through hard work and selflessness.

The film is set to be released in September 2020.

“If there was ever a time that we need stories of hope, this is it,” says Yolanda Macias, EVP, Content Acquisitions, Digital Sales and Studio Relations at Cinedigm. “Films have the incredible power to move and inspire especially in times of trial. EVERYDAY MIRACLES is surely a film that families will enjoy watching together.”

"While we were making this film, we could have never imagined this is the world we’d be releasing it into,” says Madden. “Though, so much seems uncertain now, we hope this film is able to bring some hope and happiness to those who need it most.”

EVERYDAY MIRACLES was produced by James J. Bagley & Tom Tangen.  Co-Producers are John Rogers, Michael Donahue, Ray Michaels Quiroga, Tara Lonzo, Andres Agazaryan and Janet Winchell.  Associate Producers are Frank Mora, Michael Quiroga, Jimmy Dux, Liz Rodriguez and Fernando Gonzalez.

The deal was negotiated by Macias and Director of Acquisitions Josh Thomashow on behalf of Cinedigm and John W. Bosher and Chris Charles of Throughline Films on behalf of the filmmakers.

ABOUT COTTON FILM LLC
Cotton Film LLC is a joint venture of James Bagley Productions Ltd. and Kiva Films LLC.  James Bagley is a film, television, and theatrical producer whose recent credits include the film “Genius” starring Colin Firth, Jude Law, Nicole Kidman and Laura Linney and the Showtime series, “Penny Dreadful: City of Angels.” Marty Madden is President of Kiva Films LLC, an independent film and television production company, located in Santa Fe, New Mexico.  His writing and film credits include Susan Seidelman’s enchanting wheelchair ballroom dance romance, “Musical Chairs” and the soon to be released documentary short, “Funeral Queen” following the life and times of Santa Fe Funeral Director and drag queen, Marie Antoinette DuBerry.  

ABOUT CINEDIGM
Cinedigm powers custom content solutions to the world's largest retail, media and technology companies. The global company provides premium feature films and series to digital platforms including Netflix, Amazon, Xumo, Roku, Vizio, Dish/Sling, Apple, and Google plus cable/satellite providers including Comcast, Dish Network and DirectTV in addition to major retailers including Wal-Mart and Target. Leveraging Cinedigm's unique capabilities, content and technology, the company has emerged as a leader in the fast-growing digital-first channel business, with seven networks under management that reach hundreds of millions of devices while also providing premium content and service expertise to the entire digital-first ecosystem. With reciprocal distribution partnerships in both the United States and China, Cinedigm's growing stable of platforms has unprecedented availability in the two largest markets in the world.

PRESS CONTACTS
Jill Calcaterra
jcalcaterra@cinedigm.com 


FAQ

What is the significance of Cinedigm acquiring EVERYDAY MIRACLES?

The acquisition enhances Cinedigm's portfolio with uplifting content, catering to the demand for family-friendly films.

When will EVERYDAY MIRACLES be released?

EVERYDAY MIRACLES is scheduled for release in September 2020.

Who are the main actors in EVERYDAY MIRACLES?

The film stars Gary Cole, Erik Smith, and Zoe Perry.

What genre is the film EVERYDAY MIRACLES?

EVERYDAY MIRACLES is a faith-based film that focuses on themes of compassion and family.

What impact could the acquisition have on Cinedigm's stock performance?

The acquisition of a new film could potentially lead to increased revenue and viewership, positively influencing stock performance.

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