The deals get Chris McGurk's digital media company deeper into the faith and family content market.
“This pair of acquisitions immediately provides us with an established consumer base, immediately accretive revenue, and multiple new avenues for growth. Much like we have done in other verticals, we expect to dramatically ramp up our offerings in original theatrical releases, podcasts, publishing, audiobooks and more,” Erick Opeka, president and chief strategy officer of Cinedigm, said in a statement.
Cinedigm is led by Chris McGurk as chairman and CEO and operates a range of streaming channels and third-party platforms as it looks to leverage its own library, technology and distribution abilities to expand its online content offering.
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