Cinedigm Reports Ad Sales Up 47% Since Deploying Amagi

Cinedigm (NASDAQ:CIDM), the leading independent streaming company super-serving enthusiast fan bases, announced today that they have partnered with Amagi, a global leader in SaaS for broadcast and streaming TV on the cloud, for deploying their server side ad insertion platform, Amagi THUNDERSTORM 2.0. This enhancement, which provides automated ad detection and OTT dynamic ad insertion capabilities for channel monetization, has resulted in a 47% increase in ad revenue since the new deployment.

Since the launch of this new technology back in April, the Company also saw a 21% impression increase and a 100% increase to render rates (a calculation of the percentage of impressions served out of the total number of auctions won). Cinedigm expects to achieve seven figures in new revenue from the deployment of Amagi ADS PLUS, a virtual ads sales service, in current fiscal year