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2023-05-10 | NDAQ:CIDM | Press Launch

admin by admin
May 10, 2023
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2023-05-10 | NDAQ:CIDM | Press Launch
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  • RetroCrush’s DTC app has seen its month-to-month energetic customers rise 660 %, minutes watched soar 95 %, and paid subscribers rise 17 % year-over-year
  • Channel additionally generated a 15% YouTube Subscriber Enhance in 12 months Since Cinedigm’s Acquisition of DMR

LOS ANGELES, Could 10, 2023 /PRNewswire/ — RetroCrush, experiencing robust distribution and subscriber progress, is popping anime right into a red-hot style among the many Cinedigm (NASDAQ: CIDM) household of channels. The surge of the style provides Cinedigm, the premier impartial streaming leisure firm super-serving fanatic audiences, one other increasing content material class – alongside different genres akin to horror and religion & household.

Courtesy of Cinedigm (PRNewsfoto/Cinedigm Corp.)

Anime is the third most in-demand subgenre worldwide (5.5% demand share) in accordance with Parrot Analytics with round 30% of American adults being a fan of anime (in accordance with Morning Seek the advice of). As well as, whereas Anime is the preferred in Japan, the USA is the biggest worldwide marketplace for Anime (in accordance with Parrot Analytics).

Due to new distribution and continued progress throughout paid subscribers, YouTube and its social footprint, and total month-to-month viewership throughout its SVOD, AVOD and FAST choices, RetroCrush has change into the highest impartial anime streaming model. Over the last yr, the RetroCrush FAST channel has added distribution partnerships that embrace Samsung TV Plus, Sling TV, Philo and Amazon Freevee.

Moreover, Cinedigm has introduced in the present day the rebranding of its Viewster Anime channel as RetroCrush – now out there as an a la carte SVOD choice on The Roku Channel. Concurrently, RetroCrush has begun to roll out its latest model, powered by Cinedigm’s proprietary Matchpoint Blueprint 2.0 platform, throughout desktop, cellular and CTV gadgets.

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Over the last yr, since Cinedigm acquired RetroCrush from DMR (together with a number of different streaming channels), RetroCrush’s DTC app has seen its month-to-month energetic customers rise 660 %, minutes watched soar 95 %, and paid subscribers rise 17 % year-over-year. On social media, RetroCrush’s YouTube subscriber base jumped 15 % to almost 900,000 subs, making it Cinedigm’s second most subscribed YouTube channel after solely AsianCrush, and its whole Instagram followers rose 4X throughout the identical time frame.

Famous EVP and Common Supervisor, Cinedigm Networks, David Chu, “By curating top-quality content material and increasing its availability, RetroCrush has change into a go-to vacation spot for followers of basic anime motion pictures and TV collection. It is laborious to consider that RetroCrush launched on social media just some years in the past and shortly grew right into a full-fledged VOD and FAST channel with a passionate fanbase. The channel’s continued success is a testomony to the power of being part of the Cinedigm streaming portfolio for the previous yr, and we sit up for the subsequent section of progress.”

Pushed by its rising reputation and place within the streaming anime area, the corporate is taking a 360-degree strategy to style, because it has efficiently executed with others akin to horror. It has plans to increase the RetroCrush model by audio content material as a part of the Cinedigm Podcast Community, and is actively pursuing editorial, shopper merchandise, dwelling leisure and strategic theatrical distribution alternatives.

RetroCrush is including a wide range of new content material starting from the Yu-Gi-Ohcollection and films (all of that are basic properties), theUrusei Yatsura film assortment, and for the primary time ever, a brand new remastered model of Nadia: The Secret of Blue Water will likely be out there solely for streaming this June by way of the corporate’s partnership with GKIDS.

ABOUT RETROCRUSH

RetroCrush (www.retrocrush.television) is devoted to the Golden Age of anime, highlighting basic anime motion pictures and collection for previous and new followers alike. The RetroCrush line-up contains greater than 200 collection and 40 options.

It’s out there at www.retrocrush.television, and as a VOD app on Android and iOS cellphones and tablets, related TV (CTV) gadgets from Apple TV, Chromecast, FireTV Google TV, Roku, and sensible TV’s together with LG and VIZIO. Moreover, RetroCrush is accessible on Amazon Freevee, LG Sensible TVs, Peacock, Philo, Samsung TV Plus, Sling Freestream, The Roku Channel, Redbox, Vizio SmartCast, and Plex as a free streaming linear channel, and on Pluto TV as a VOD playlist. Comply with RetroCrush at YouTube.com/retrocrush and on social media at Fb.com/retrocrush.television, Instagram.com/retrocrush.television, Twitter.com/retrocrush_tv and on Discord.

ABOUT CINEDIGM

For greater than 20 years, Cinedigm (NASDAQ: CIDM) has led the digital transformation of the leisure business. At present, Cinedigm entertains customers across the globe by offering premium characteristic movie and tv collection, fanatic streaming channels and know-how providers to the world’s largest media, retail and know-how firms. As a frontrunner within the quickly evolving streaming ecosystem, Cinedigm continues its legacy as an innovator by its adoption of next-generation applied sciences, akin to synthetic intelligence and machine studying, by its proprietary, extremely scalable Matchpoint™ know-how platform. For extra data, go to cinedigm.com.

PRESS CONTACTS FOR CIDM:

Matt Biscuiti – The Lippin Group for Cinedigm

cinedigm@lippingroup.com

Julie Milstead

investorrelations@cinedigm.com

Cision View authentic content material to obtain multimedia:https://www.prnewswire.com/news-releases/retrocrush-growth-makes-anime-a-red-hot-genre-for-cinedigm-301820994.html

SOURCE Cinedigm Corp.



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