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Cinedigm and Bright Educational Media Announce Plans to Launch Edutainment Network for Kids

10/02/2015

February 10, 2015

Cinedigm and Bright Educational Media Announce Plans to Launch Edutainment Network for Kids Channel will include both original and licensed content

LOS ANGELES--(BUSINESS WIRE)-- Cinedigm (NASDAQ: CIDM) and Bright Educational Media today announced a partnership to launch Bright, a multi-platform digital channel featuring edutainment for kids. Together, the companies will launch, operate, market and maintain the channel.

Bright is a linear and VOD network centered on live action, learning and education themed content. The Bright voice is designed to reach pre-school and elementary school-aged children, as well as their families. Original series are mixed with exclusive acquired content to provide a unique value proposition for the childrens television space. Content will be curated both from Cinedigms large film and TV episode library, as well as from outside producers. Examples of original programming that will air at launch include:

HOOKED ON SCIENCE, helping to explain real world science to children through the creation and execution of easy-to-do at-home experiments

COOK TIME WITH REMMI, a health-based cooking show hosted by 14-year old chef Remmi Smith who empowers children to make smarter eating choices

SPAGHETTI EDDIE, lovable characters engage children with interactive original songs and stories that teach values and age appropriate life lessons

As a brand, Bright is designed to make the emotional connection with its target audience that education and learning lead to bright minds and a bright future. The channel, which will launch later this year, will be broadly available across a wide array of consumer devices and services.

Bright was co-founded by CEO Doug Jost, founding partner of MAVTV (originally Mavrick Entertainment Network) and former Showtime General Manager for the South-Central U.S., and Patrick Jacobs, President, who previously was VP of Sales & Marketing at MAVTV and Account Director for Showtime.

The partnership with Bright is the most recent in a string of digital channels Cinedigm has announced in the last year. Currently, the company has DOCURAMA, dedicated to documentaries; CONtv, a Comic Con-themed channel in partnership with Wizard World which launches in March and the DOVE Foundation faith and family channel launching in mid-2015.

Launching a channel with Bright further underscores Cinedigms plan to create a diversified portfolio of digital networks, said Chris McGurk, Chairman and CEO of Cinedigm. With the OTT space continuing to grow and more networks announce plans to cut the cord (HBOs stand-alone streaming service the most recent and most dramatic), Cinedigm believes providing over-the-top viewing options is the wave of the future. Audiences have seen the digital light, and the more unique partnerships and channels we can create, the better able Cinedigm is to serve this dramatically expanding market.

Our goal is to provide a safe viewing experience for young children and their families, emphasizing the currently underserved market focused on live-action, education and learning-based programming. We are thrilled to work with Cinedigms innovative team to bring this vision to life, said Brights Jost.

About Cinedigm

Cinedigm is a leading independent content distributor in the United States, with direct relationships with over 60,000 physical retail storefronts and digital platforms, including Wal-Mart, Target, iTunes, Netflix, and Amazon, as well as the national Video on Demand platform on cable television. The companys library of films and TV episodes encompasses award-winning documentaries from Docurama Films , next-gen Indies from Flatiron Film Company , acclaimed independent films and festival picks through partnerships with the Sundance Institute and Tribeca Films and a wide range of content from brand name suppliers, including National Geographic, Discovery, Scholastic, NFL, Shout Factory, Hallmark, Jim Henson and more.

Additionally, given Cinedigms infrastructure, technology, content and distribution expertise, the company has rapidly become a leader in the quickly evolving over-the-top digital network business. Cinedigms first channel, DOCURAMA, launched in May 2014, and is currently available on over 200 million consumer devices including ioS, Roku, Xbox and Samsung, with additional platforms currently being rolled out. Earlier this year, Cinedigm also announced plans for CONtv, a Comic Con branded channel, in partnership with WIZARD WORLD, for launch in Q1 2015. The Company also announced its third OTT channel via a partnership with The Dove Foundation. DOVE MOVIE CHANNEL will be a digital streaming subscription service targeted to families and kids seeking high quality and family friendly content approved by Dove.

Cinedigm and Cinedigm Digital Cinema Corp are trademarks of Cinedigm Digital Cinema Corp www.cinedigm.com.

[CIDM-G]

http://www.cinedigm.com/ http://twitter.com/cinedigm http://facebook.com/cinedigm http://youtube.com/cinedigm

Cinedigm Press Contact:

Maggie Begley/MBC

310.390.0101; Maggie@mbcprinc.com

Source: Cinedigm

News Provided by Acquire Media
LINK: http://investor.cinedigm.com/releasedetail.cfm?ReleaseID=895695...
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