The production and distribution of film and audiovisual works is one of the most dynamic growth sectors in the world.
The world’s entertainment and media sector revenue is due to grow to more than $2.5 trillion by 2025.
Cinedigm Corp., (NASDAQ: CIDM) together with its subsidiaries, operates as distributor and aggregator of independent movie, television, and other short form content in the United States, Canada, and New Zealand. The company operates through two segments, Cinema Equipment Business and Media Content and Entertainment Business.
The company distributes its products for various brands, such as Hallmark, Televisa, ITV, Nelvana, ZDF, Konami, NFL, and NHL, as well as international and domestic content creators, movie producers, television producers, and other short form digital content producers. It also collaborates with producers, various brands, and other content owners to market, source, curate, and distribute content to targeted audiences through existing and emerging digital home entertainment platforms, including Apple, Amazon Prime, Netflix, Hulu, Xbox, Tubi, PlutoTV, Vudu, and cable/satellite video-on-demand; and distributes DVD and Blu-ray discs to wholesalers and retailers with sales coverage to approximately 48,000 retail storefronts, including Walmart, Target, Best Buy, and Amazon. In addition, the company operates various branded and curated over-the-top (OTT) entertainment channels, including Docurama, CONtv, Dove Channel, Viewster Anime, Fandor, and Screambox; and Matchpoint, a software-as-a-service platform to automate the distribution of streaming content and OTT channels.
Cinedigm Corp. has a strategic alliance with Starrise Media Holdings Limited to release films in China theatrically and to digital platforms.
UMAX Group Corp. (OTC: UMAX) is a Nevada corporation, and its operational subsidiary, Funny Media Group, LLC (Wyoming), which is a media development company which is currently concentrating on producing its own original content with the intent of selling that content to one of the many streaming companies (i.e., Netflix, Hulu, Showtime, Disney+, etc.) and having our own streaming platforms on our web site and YouTube channels. Funny Media has currently produced over 60 comedy specials (each special being 30 minutes in duration) at its own state of the art facility. The Funny Media facility was built with the development of live audience content in mind with approximately $200,000 USD in on site video and production equipment and $200,000 USD in full facility build out costs.
After the acquisition of Funny Media Group in May 2021, UMAX has now fully transitioned into comedy development as the vehicle to achieve a cash-flow positive operation and to provide the best return on shareholder’s investment.
UMAX President and CEO says 200 total shows have been recorded, with 160 remaining to be released.
“We have built a pipeline of comedy specials that is attracting attention in the industry, and a significant audience,” Mr. Fletcher says.
The company also recently announced the final cancellation of 500,000,000 shares of Common Stock.
AMC Entertainment Holdings, Inc., (NYSE: AMC) through its subsidiaries, involved in the theatrical exhibition business. The company owns, operates, or has interests in theatres. As of March 12, 2021, it operated approximately 1000 theatres and 10,700 screens in the United States and internationally. The company was founded in 1920 and is headquartered in Leawood, Kansas.