Cinedigm Expands Key Management Team Roles To Optimize Streaming Organization Growth
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January 12, 2021 (ACCESSWIRE by means of COMTEX) —
Gary Loffredo Adds President Purpose, Erick Opeka provides Chief Method Officer Obligations and Yolanda Macias Results in being Main Written content Officer
LOS ANGELES, CA / ACCESSWIRE / January 12, 2021 / Cinedigm (NASDAQ:CIDM) declared today the promotions of 3 important executives. Gary Loffredo adds the title of President/Cinedigm to his present-day titles of Chief Working Officer, Standard Counsel and Secretary of Cinedigm Corp. Erick Opeka provides Main Approach Officer, Cinedigm Corp to his existing tasks as President of Digital Networks. Yolanda Macias is promoted to Main Written content Officer, Cinedigm Enjoyment Team (CEG) from Government Vice President, CEG.
“We have expanded these vital roles for the senior management crew to totally capitalize on the huge progress we are going through in our electronic streaming company,” reported Chris McGurk, Cinedigm Chairman and CEO. “Acquiring secured the abilities of Yolanda, Erick and Gary for the foreseeable foreseeable future, I am absolutely self-assured that we now have the ideal leadership staff in put to rapidly grow the small business and develop our management position in streaming channels, information and technological know-how. All aspects of our streaming enterprise are currently going through strong development, from our ad-centered channels to our viewership and compensated subscriber base to our electronic material licensing small business, and this crew is now beautifully concentrated and aligned to even further extend that expansion operationally, strategically and by means of the acquisition roll-up initiative of streaming assets we are presently pursuing.”
Gary Loffredo is liable for handling Cinedigm’s day to day functions which include money functions, investor relations, public experiencing enterprise compliance and internal operations, human assets, authorized and the digital cinema company. Loffredo is also actively engaged to support, manage and execute on mergers and acquisitions and firm-broad initiatives that advance the Company’s fiscal expansion and general benefit. Loffredo has been a essential management figure with Cinedigm considering that 2000, functioning in a selection of roles including Senior Vice President – Business enterprise Affairs, Basic Counsel, Secretary, and Interim Co-Main Government Officer, and serving on the Board of Administrators. He is also Cinedigm’s Company Secretary.
Erick Opeka brings 18 yrs of practical experience as an executive at the intersection of enjoyment and technologies. Presently, Erick is president of Cinedigm Networks, in which he oversees the enhancement, arranging, start and procedure of the company’s portfolio of linear, ad-supported and subscription streaming solutions that attain more than 15 million monthly consumers throughout nearly 900 million addressable gadgets. In addition to his function at Cinedigm, Opeka is on the Board of Administrators and executive committee of OTT.X, the preeminent trade group symbolizing the streaming industry, and serves as an advisor to a lot of streaming and entertainment organizations via his operate with seed accelerator Techstars. He is also a member of the Producers Guild of The usa and the Television Academy of Arts & Sciences.
Yolanda Macías is liable for acquiring global written content rights for all distribution platforms, such as digital shops Amazon, NBC Peacock, Tubi, and Pluto, and sourcing content for Cinedigm’s owned and operated digital Networks these as the Dove Channel, Bloody Disgusting and ConTV and retail stores which include Walmart. Additionally, she oversees all material marketing and advertising such as launch system, growth and management of articles. She was honored as just one of the Prime 50 Females in Business enterprise by the Los Angeles Small business Journal, a single of the Elite Women -for 10 several years in the household leisure marketplace and identified as a Digital Driver 9 instances by Home Media Journal. Yolanda has served on the board of C5LA for numerous a long time and was picked as the 2019 Honoree. C5LA is a non-gain firm with the mission of assisting beneath-resourced, large prospective youth enroll and persist in faculty.
Cinedigm has leaned into digital monetization due to the fact its inception, offering material suppliers a pat to international access on streaming platforms. Data and analytics guideline the Firm’s choices to follow growth tendencies such as AVOD and the staff closed numerous latest distribution deals which includes NBC Peacock, Google, Redbox, Regional Now, Plex, and Fuse, in addition to existing AVOD partnerships with numerous platforms these kinds of as Tubi, Pluto, Vudu, Amazon, and Roku, amongst other individuals, to carry the new written content.
Cinedigm presents international streaming linear, on-need branded channels when distributing digital films and Tv series on each and every significant transactional, SVOD, and AVOD global system. The Enterprise distributes tens of thousands of hours of film and Tv information to around 70 electronic platforms in 180+ territories. Branded articles contains co-productions in the action, western and armed service genres alongside with family (Hallmark, ZDF), anime (Konami Cross Media) and athletics championship packages (NFL, NHL).
ABOUTaEURCINEDIGM
For far more than 20 several years, Cinedigm (NASDAQ:CIDM) has led the electronic transformation of the leisure business. Today, Cinedigm entertains hundreds of thousands and thousands of consumers all-around the world by delivering premium content, streaming channels and technological innovation expert services to the world’s largest media, know-how and retail firms. For additional details, visit http://www.cinedigm.com/.
Cinedigm utilizes, and will continue to use, its web page, push releases, SEC filings, and many social media channels, including Twitter (https://twitter.com/cinedigm), LinkedIn (https://www.linkedin.com/organization/cinedigm/), Fb (facebook.com/Cinedigm), StockTwits (https://stocktwits.com/CinedigmCorp) and the Business site (www.cinedigm.com) as added means of disclosing community information and facts to investors, the media and others interested in the Corporation. It is feasible that certain information that the Business posts on its internet site, disseminated in push releases, SEC filings, and on social media could be considered to be product details, and the Enterprise encourages buyers, the media and other folks interested in the Company to evaluation the small business and money data that the Corporation posts on its site, disseminates in push releases, SEC filings and on the social media channels recognized over, as this sort of info could be deemed to be substance details.
Push Get hold of for CIDM:
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Source: Cinedigm Corp.
Perspective resource model on accesswire.com: https://www.accesswire.com/623886/Cinedigm-Expands-Essential-Management-Crew-Roles-To-Improve-Streaming-Business enterprise-Development
COMTEX_377565234/2457/2021-01-12T09:25:41
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