Tony Huidor Promoted to Chief Technology & Product Officer at Cinedigm

Rhea-AI Summary

Cinedigm announces the promotion of Tony Huidor to Chief Technology & Product Officer. Huidor, who has been with the company since 2015, played a key role in launching and managing digital-first channels and developing Cinedigm’s proprietary Matchpoint distribution platform. His new responsibilities include overseeing operations in India and Southeast Asia and accelerating the company's technological advancements.

CEO Chris McGurk emphasized Huidor's leadership in expanding Cinedigm's streaming services and channels, further establishing the company as a key player in the entertainment industry.

Positive

• Tony Huidor's promotion indicates Cinedigm's commitment to enhancing its technology and product offerings.
• Huidor's experience in digital product development can pivot Cinedigm's growth in international markets, particularly in India and Southeast Asia.
• The launch of new branded channels under Huidor's guidance is expected to attract more subscribers and increase revenue.

Negative

• None.

LOS ANGELES, CA / ACCESSWIRE / July 7, 2021 / Cinedigm (NASDAQ:CIDM), the leading independent streaming entertainment company super-serving enthusiast fan bases, announced today that Tony Huidor, formerly Senior Vice President of Product & Technology and General Manager of Digital Networks, has been promoted to Chief Technology & Product Officer at Cinedigm. Since joining Cinedigm in 2015, Huidor has managed the launch and daily operations of the Company's portfolio of subscription and ad-supported digital-first channels, as well as overseeing overall product development of all desktop and mobile apps for Cinedigm's portfolio of streaming services. He conceived and designed Cinedigm's proprietary Matchpoint distribution platform which has allowed the Company to effectively streamline and scale it's digital content distribution business. Huidor will report to Chris McGurk, Chairman & CEO at Cinedigm.

Huidor's expanded role will also include oversight of Cinedigm India, the Company's streaming technology & engineering hub which serves as the base of operations for the Company's distribution expansion into India and Southeast Asia. He will be responsible for rapidly scaling the division's engineering resources to support the company's aggressive M&A strategy to acquire additional enthusiast networks and content. In addition, he will also be responsible for accelerating the Company's adoption of emerging technologies as well as product research and development.

Huidor previously served as Vice President of Operations for Universal Music Group (UMG) then later transitioned into VP of Technical Product Development for Universal Music Group Distribution (UMGD), where he played an integral part in establishing the company's digital and mobile business which generated significant revenue for the company. Prior to his tenure at Universal Music, he worked as Director of Product Development for the Walt Disney Internet Group where he was responsible for the creation and development of subscription-based video streaming products worldwide. In addition, he established Disney Mobile where he managed the creation and production of all premium mobile content worldwide across the Disney and Pixar portfolio of brands with a strong emphasis on the European and Asian-Pacific regions.

"I am grateful to the entire Cinedigm executive management team for their trust in me," said Tony Huidor, Chief Technology & Product Officer. "I am humbled yet excited at the opportunity to continue to pave the way in a very rapidly-evolving entertainment landscape and further establish Cinedigm as an innovator in the video streaming industry and the leading independent film distribution company."

"Tony's vision and dedication to this process has led to the development of state-of-the-art technology for Cinedigm's streaming networks," said McGurk. "His leadership and experience will be invaluable as Cinedigm moves forward with the company's expansion into India and the launch of several new branded channels."

"Tony's contribution to the launch and continual improvement of Cinedigm's global portfolio of streaming networks and propriety technology of Matchpoint cannot be overstated," said Erick Opeka, President of Cinedigm Digital Networks. "As the company continues to expand, and our portfolio of networks grow, his leadership will be more important than ever."

An innovator in the digital transformation of the entertainment industry for more than two decades, Cinedigm's core mission is 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) and the recently announced Elvis Presley 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  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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FAQ

What is the significance of Tony Huidor's promotion at Cinedigm?

Tony Huidor's promotion to Chief Technology & Product Officer reflects Cinedigm's strategy to advance its technology and expand its streaming services.

How will Huidor's role impact Cinedigm's operations in Asia?

Huidor will oversee Cinedigm's expansion into India and Southeast Asia, aiming to scale engineering resources and accelerate market entry.

What experience does Tony Huidor bring to his new role at Cinedigm?

Huidor has extensive experience in product and technology development from Universal Music Group and Walt Disney, which will benefit Cinedigm's growth.

What are Cinedigm's future plans under Huidor's leadership?

Cinedigm plans to enhance its digital content distribution and launch new branded channels to attract a broader audience.