Cinedigm And New Video Form Partnership To Acquire Indie Films

In a move that creates another formidable buyer at Sundance, Cinedigm Entertainment Group and New Video will partner to bring more independent films into theaters nationwide by fully leveraging advanced digital technology. Cinedigm and New Video will together acquire North American distribution rights to indie films that will be released theatrically, followed by platform release across cable, VOD, digital, and DVD/Blu-ray. The partnership takes advantage of Cinedigm’s position as a digital exhibitor of independent film and alternative content in theatres, and New Video’s digital and physical distribution capabilities. Cinedigm CEO Chris McGurk and New Video co-president Steve Savage feel this gives indie filmmakers a viable alternative and a strong ride through the ancillary road these indie films travel.

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