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Music Box Films to Manage Theatrical Distribution Using Cinedigm's Theatrical Distribution SoftwareMusic Box Becomes Latest Distributor to License Industry's Premier Software (November 30, 2011)
WOODLAND HILLS, CA -- (Marketwire) -- 11/30/11 -- Cinedigm Digital Cinema Corporation (NASDAQ: CIDM) announced today Music Box Films has become the latest distributor to license Cinedigm's proprietary Theatrical Distribution System (TDS) to manage all domestic theatrical releases.
Founded in 2007, Music Box Films has quickly established itself as one of the leading independent distributors of feature films in the US. In 2008, Music Box's release of Guillaume Canet's TELL NO ONE was the most popular foreign-language art house release of the year. In 2010, the film adaptations of Stieg Larsson's trilogy of international mega-selling novels dominated the art house market. The first in the series, THE GIRL WITH THE DRAGON TATTOO, was one of the most popular international releases of the decade, and collectively the Larsson trilogy has grossed $22 million at the US theatrical box office. Upcoming Music Box releases include Terence Davies' THE DEEP BLUE SEA starring Rachel Weisz and the award-winning MONSIEUR LAZHAR.
Cinedigm's TDS software is the industry's premier platform for managing all aspects of theatrical distribution. Three versions of the revolutionary software are available -- from the licensed version used by major distributors to INDIE Direct, a complete back office solution for the smallest independent. The Software as a Service (SaaS) system used by Music Box allows medium size distributors to share exhibitor contact data while allowing each distributor unique and secure booking, shipping, gross collection and billing data.
"We are excited to work with a unique and successful independent distributor such as Music Box Films," said Jim Miller, President of Cinedigm's Software Division. "Our solutions are designed for companies of every size and we look forward to working with Music Box to help them grow their distribution and exhibition businesses."
Cinedigm offers a new business model to exhibitors by enabling theatres to present engaging alternative programming including live 2D and 3D sporting events and concerts, shorts, cartoons, live Q&As, as well as branded entertainment. Recent releases by Cinedigm include the groundbreaking, LIVE 3D broadcast of The Foo Fighters performance, the worldwide LIVE 3D broadcast of the FIFA World Cup Championship, the BCS Championship in LIVE 3D, the Dave Matthews Band 3D concerts, and the sold out 3D PHISH concerts. Cinedigm has also released the KIDTOONS series for the past six years, a weekly family friendly matinee series that runs in over 165 theatres across the country. Cinedigm also provides a number of powerful software applications that enable exhibitors to enhance and streamline their daily operations. Additionally, Cinedigm offers precision marketing tools to dramatically increase exhibitor marketing effectiveness, including social media initiatives, targeted advertising and strategic public relations. Cinedigm and Cinedigm Digital Cinema Corp are trademarks of Cinedigm Digital Cinema Corp. www.cinedigm.com [CIDM-G]
About Music Box Films
Music Box Films is independently owned and operated by the Southport Music Box Corporation which also owns and operates the Music Box Theatre, a Chicago institution and the city's premiere venue for independent and foreign language films. Founded in 2007, Music Box Films is one of the leading independent distributors of feature films in the US in select theaters nationwide, on DVD, Blu-ray, and via popular Video-on-Demand platforms such as iTunes, Netflix, Amazon Instant Video and Comcast's Xfininty On Demand.
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