April 10, 2017
Cinedigm Selects Limelight Networks Global CDN to Deliver Content for its Over-the-Top Networks Business Deal provides Cinedigms users highly reliable, fast access to broadcast quality movie and TV shows and expands Cinedigms Global OTT Capabilities
LOS ANGELES--(BUSINESS WIRE)-- Cinedigm (NASDAQ: CIDM) and Limelight Networks, Inc. (Nasdaq: LLNW) today announced that Cinedigm will use Limelights Content Delivery Network (CDN) to prepare, store and deliver movies and TV shows to its current and future install base of users of its Over-the-top (OTT) Networks.
Limelights integrated suite of technologies will simultaneously improve the quality of service of Cinedigms video applications, optimize user engagement across devices, and significantly reduce delivery costs. Additionally, leveraging Limelights global presence sets the stage for delivering Cinedigms networks on a global scale. According to Digital TV Research, 59% of the $35.37 in new OTT revenues by 2020 will come outside of North America.
As we continue to strengthen and expand our OTT infrastructure to support growth, Limelight Networks emerged as the ideal CDN choice, said Erick Opeka, EVP of Digital Networks for Cinedigm. Limelights experience delivering amazing content experiences and proven global reach will enable us to tap into the rapid growing OTT markets in Asia Pacific, Europe and Latin America.
The deal comes amidst Cinedigms recent announcements expanding its world-class OTT infrastructure, including the addition of DRM support from Google, Apple and Microsoft, as well as device footprint expansions to more than 60 Million devices including Google Chromecast, Android TV and Amazon Fire TV.
Cinedigm channels utilizing Limelights services include:
Dove Channel: targeting the family values audience with movies and shows families can enjoy together. The content offering includes mainstream and classic family movies, documentaries, heartwarming TV series and childrens programs. All of Dove Channels carefully curated content reflects the time-honored standards of The Dove Foundation and its trusted Family Seal of Approval.
CONtv: catering to the enormous and avid Comic Con audience. The channel currently boasts 2,500 hours of original programming, curated films and TV episodes, and exclusive Comic Con panel coverage from dozens of annual nationwide conventions.
Docurama: targeted to the avid documentary audience with over 1,200 titles, including full-length and short-form documentaries, non-fiction TV programming, and behind-the-scenes interviews.
The WHAM Network: providing news, information and entertainment 24/7 focused on the fast growing global e-sports and gaming audience. Launches Fall 2017.
About Cinedigm
Cinedigm powers custom content solutions to the worlds largest retail, media and technology companies. We provide premium feature films and series to digital platforms including iTunes, Netflix, and Amazon, cable and satellite providers including Comcast, Dish Network and DirecTV, and major retailers including Walmart and Target. Leveraging Cinedigms unique capabilities, content and technology, the Company has emerged as a leader in the fast-growing over-the-top channel business, with four channels under management that reach hundreds of millions of devices while also providing premium content and service expertise to the entire OTT ecosystem.
About Limelight
Limelight Networks, a global leader in digital content delivery, empowers customers to better engage online audiences by enabling them to securely manage and globally deliver digital content, on any device. The companys award winning Limelight Orchestrate platform includes an integrated suite of content delivery technology and services that helps organizations secure digital content, deliver exceptional multi-screen experiences, improve brand awareness, drive revenue, and enhance customer relationships all while reducing costs. For more information, please visit www.limelight.com, read our blog, follow us on Twitter, Facebook and LinkedIn and be sure to visit Limelight Connect.
[CIDM-G]
View source version on businesswire.com: http://www.businesswire.com/news/home/20170410006091/en/
Cinedigm
Jill Newhouse Calcaterra, 310-466-5135
jcalcaterra@cinedigm.com
or
Limelight Networks, Inc.
Deborah Hohler, 602-850-4827
dhohler@llnw.com
Source: Cinedigm
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April 10, 2017
