Cinedigm Partners with Music-Television Linear Cable Network "The Country Network" to Expand Reach Through Aggressive Streaming Distribution Strategy
Cinedigm (NASDAQ:CIDM) has announced a partnership with The Country Network to expand its streaming distribution strategy. This collaboration aims to enhance access to country music fans across the U.S. and generate new revenue through FAST and AVOD offerings. TCN is currently available in over 51 markets, reaching 40 million households. The partnership enhances Cinedigm's portfolio, which includes multiple enthusiast channels and services. TCN is noted for its high-quality 4K original programming and a loyal audience that consumes an average of 3.6 hours per session.
- Partnership with The Country Network to enhance streaming distribution.
- Access to a loyal audience that consumes an average of 3.6 hours per session.
- Expansion into the growing FAST and AVOD markets, potentially increasing revenue.
- Cinedigm's diverse portfolio of enthusiast channels strengthens its market position.
- None.
Cinedigm to Leverage its Massive Digital Footprint with the Leading FAST and AVOD Streaming Partners and Platforms to Help Network Garner Greater Access to Country Music Fans Across the United States and Drive New Revenue
LOS ANGELES, CA / ACCESSWIRE / June 24, 2021 / Cinedigm (NASDAQ:CIDM), the leading independent streaming company super-serving enthusiast fan bases, announced today a partnership with The Country Network, one of the country's top music video linear cable TV networks, to accelerate its growth through an aggressive streaming distribution strategy. The Country Network, which is currently distributed on cable & OTA systems in more than 51 markets and 40 Million DMA households, features original series, intimate concerts and country countdowns from many of today's top artists. The partnership with Cinedigm will expand the channel's footprint across the exploding streaming ecosystem via the creation of FAST (Free Ad Supported Television), AVOD and MVPD offerings for distribution via connected TVs, digital set-top boxes, media-streaming devices, as well as the web. The Country Network streaming channel is the latest addition to Cinedigm's vast roster of enthusiast channels and services currently live across the broader OTT landscape on distribution partners including The Roku Channel, Pluto TV, Samsung, TCL, Vizio and many more.
"Country music has one of the most engaged demographics across the medium," said Erick Opeka, President of Cinedigm Digital Networks. "As chord cutting continues to happen, Cinedigm is partnering with The Country Network to expand its reach to a very enthusiastic audience. Music has been at the forefront of digital consumption for decades, so it's only natural for the channel to take its next step in the technological evolution of streaming. We're thrilled to be stepping in at this important moment as we help broadcast and cable networks expand into the fastest growing segment of the ad-supported business."
"We are excited to partner with such an innovative streaming company as Cinedigm" said Tim Eaton, President & CEO, The Country Network. "Following the footsteps of Cinedigm's history with quality entertainment, TCN takes pride in the high quality of our content. We record our original shows in 4K and sweeten all the music for a dynamic customer experience. Working with an industry leader like Cinedigm, places TCN in a position to expand the family of viewers while delivering a high-quality entertainment network."
Fans of country music are the highest consuming per capita demographic; with consumers listening to nearly an hour more of music every day. The versatility of streaming has allowed The Country Network to break away from traditional country music markets and has found fan bases across the country, including major metropolitan areas like Los Angeles and New York. With increasing popularity, The Country Network has been able to cultivate new original programming, while continuing to delight fans with hours of country music daily. The Country Network has a very loyal and enthusiastic audience that spends 3.6 hours on average per session watching the network.
The channel provides viewers with an intimate look at todays' country superstars, along with up-and-coming acts to watch, as well as devoted blocks of their favorite music videos. In addition, the channel features specials with Hollywood superstars like Kevin Costner and stand-up comedy from the likes of William Lee Martin. With thousands of hours of programing available, highlights of the channel include:
- Top 20 Countdown
- Live at Margaritaville
- Sunday's Kind of Country
- Reel Water Cowboy
- Kevin Costner & Modern West
- Stand Up Dad with William Lee Martin
An innovator in the digital transformation of the entertainment industry for more than two decades, the deal continues Cinedigm's core mission to entertain the world by building the world's best portfolio of enthusiast channels and services for the streaming generation. Through a diverse mix of premium SVOD services and dedicated AVOD and FAST channels, Cinedigm's streaming portfolio reaches indie film (Fandor), horror (Screambox & Bloody Disgusting) and family entertainment (Dove Channel), as well as dedicated channels for iconic entertainers, led by Bob Ross (The Bob Ross Channel). Cinedigm's ultimate goal is to build destinations that immerse viewers in content they love while staying at the forefront of technology as the streaming industry continues to evolve.
ABOUT THE COUNTRY NETWORK
The Country Network (TCN) is the premier 4K music-television network dedicated to providing today's country music enthusiasts more choices with innovative televised and digital programming. From stars on the rise to superstars, TCN delivers the best of country music videos, country lifestyle shows and series, live performances and original programming. The Country Network continues growing and now offers more diversified distribution to include cable, OTA and OTT streaming. Visit http://www.tcncountry.com for more information.
ABOUT CINEDIGM
For more than twenty years, Cinedigm (NASDAQ:CIDM) has led the digital transformation of the entertainment industry. Today, Cinedigm entertains hundreds of millions of consumers around the globe by providing premium content, streaming channels and technology services to the world's largest media, technology and retail companies. For more information, visit http://www.cinedigm.com/.
Cinedigm uses, and will continue to use, its website, press releases, SEC filings, and various social media channels, including Twitter (https://twitter.com/cinedigm), LinkedIn (https://www.linkedin.com/company/cinedigm/), Facebook (https://facebook.com/Cinedigm), StockTwits (https://stocktwits.com/CinedigmCorp) and the Company website (www.cinedigm.com) as additional means of disclosing public information to investors, the media and others interested in the Company. It is possible that certain information that the Company posts on its website, disseminated in press releases, SEC filings, and on social media could be deemed to be material information, and the Company encourages investors, the media and others interested in the Company to review the business and financial information that the Company posts on its website, disseminates in press releases, SEC filings and on the social media channels identified above, as such information could be deemed to be material information.
PRESS CONTACT FOR CIDM:
DKC Public Relations
cinedigm@dkcnews.com
High Touch Investor Relations
Cinedigm@htir.net
SOURCE: Cinedigm Corp.
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