Cinedigm Corp (NASDAQ:CIDM) has announced an agreement to make TV streaming service Vidgo the first multichannel video programming distributor to distribute Cinedigm's flagship streaming service, Cineverse.
Vidgo plans to launch Cineverse this fall, featuring a lineup of free ad-supported streaming television (FAST) channels plus thousands of films and TV series on demand.
Cineverse showcases all of Cinedigm's enthusiast-focused streaming brands under one roof alongside their massive catalog of curated licensed film and television content. At launch this will include Fandor, Screambox, RetroCrush, The Bob Ross Channel, The Dove Channel, AsianCrush, El Rey Network, Bloody Disgusting, Comedy Dynamics and more.
READ: Cinedigm partners with Katch to enhance content discovery for its new Cineverse streaming service
"We believe in the freedom to be entertained and Cinedigm's channels are just that — freedom to select from a broad range of titles, themes and fun," Vidgo CEO Derek Mattsson said in a statement.
Vidgo subscribers will gain full access to Cineverse's entire video-on-demand content library of over 10,000 titles and growing portfolio of FAST channels, which will be integrated directly into Vidgo's mobile apps, connected TV apps and website at no additional cost.
The Matchpoint platform, which fully powers Cineverse, will serve as the white-label platform that powers the full video on demand experience for Vidgo subscribers.
"We're thrilled to be working with Vidgo to offer the first bundling of our new flagship streaming service Cineverse with a top vMVPD," Cinedigm SVP of Revenue Daniel Schneider said. "Cinedigm remains focused on reaching new audiences and expanding distribution of our branded enthusiast channels and broad catalog of content across all genres.”
He continued, “Vidgo's innovative programming approach has enabled us to bring significant added value in premium entertainment content to their massive subscriber base and puts viewers in a position to benefit from the expanded content choices and innovative curation that Cineverse will implement to aid in content discovery."
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