Cinedigm Reports Preliminary Fourth Quarter Fiscal 2021 Results
ACCESSWIRE
Streaming Channel Revenues Up 197% Year-Over-Year
Ad-Supported Streaming Channel Revenues Up 331% Year-Over-Year
Subscription Streaming Channel Revenues Up 117% Year-Over-Year
LOS ANGELES, CA / ACCESSWIRE / July 14, 2021 / Cinedigm Corp. ( Cinedigm or the Company ) (NASDAQ:CIDM), a leading independent streaming entertainment company super-serving enthusiast fan bases, today announced its preliminary, unaudited, results for the period ended March 31, 2021.
Key Fourth Quarter Financial Results (Quarter Ended March 31, 2021):
Consolidated revenues were $8.3 million, with streaming channel revenues up 197% versus the prior year quarter and 39% sequentially over last quarter;
Streaming/Digital revenues grew to 75% of the Company s total revenues in the quarter versus 48% in the prior year quarter;
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