Cinedigm Acquires Rights to IP MAN Television Series from KSM
April 13 2017 - 9:00AM
Business Wire
Newest Part of the Huge Global IP MAN
Franchise
Cinedigm (NASDAQ: CIDM), a leading independent content
distributor and operator of OTT networks, today announced the
acquisition of the IP MAN TV Series. Based on the popular film
franchise that has grossed over $250M at the international box
office, Cinedigm will be distributing the TV series across all
digital platforms, including TV-VOD, TV EST, EST, IVOD, SVOD, AVOD
& CIDM OTT channels, as well as DVD, in the United States,
Canada, UK & Ireland.
IP MAN SYNOPSIS:
- The Wing Chun grandmaster IP MAN (Kevin
Cheng) spends all his life in pursuit of the authentic martial arts
realm. Gaining enlightenment throughout his childhood and
adolescence, IP MAN undergoes a transformation and becomes a Kung
Fu legend, ascending to the highest ranking of martial arts. After
fleeing to Hong Kong, IP MAN deliberately keeps a low-profile, but
he is inevitably engaged in conflicts. IP MAN is in a
life-and-death struggle every day, but the hardship enormously
brings out the awe-inspiring righteousness and fearlessness as a
martial artist hidden inside him. In order to inflict one last
strike in the ring, IP MAN is heading back to Fo Shan to be
victorious with love and battle.
The Wing Chun grandmasters’ sons, IP Chun and IP Ching, served
as the martial arts consultants on this series. Their father, the
original IP Man, was the martial arts consultant to Bruce Lee in
the original IP Man movies.
“We are thrilled to continue our distribution for the IP
Man franchise after previously distributing the movies IP
Man, IP Man 2, and IP Man: The Final Fight for
limited digital accounts,” said Yolanda Macias, EVP of
Acquisitions and Digital Sales for Cinedigm, “We have great
expectations for the first IP Man TV series, as affirmed by the
success of the feature films and the franchise’s loyal
fanbase.”
“Since we have successfully released “IP Man 3” in the German
Speaking Territories in 2016 and preparing release of the “IP Man”
TV Series too, we are happy that Cinedigm has acquired the
exploitation rights HV and Digital in our international Territories
US and UK. Cinedigm has always proved its professional and
successful way of exploiting a franchise,” said Benjamin Krause,
CEO and founder of KSM.
The deal was negotiated and closed between Benjamin Krause of
KSM and Kelsey Straight on behalf of Cinedigm.
About Cinedigm
Cinedigm powers custom content solutions to the world’s largest
retail, media and technology companies. We provide premium feature
films and series to digital platforms including iTunes, Netflix,
and Amazon, cable and satellite providers including Comcast, Dish
Network and DirecTV, and major retailers including Walmart and
Target. Leveraging Cinedigm’s unique capabilities, content and
technology, the Company has emerged as a leader in the fast-growing
over-the-top channel business, with four channels under management
that reach hundreds of millions of devices while also providing
premium content and service expertise to the entire OTT
ecosystem.
[CIDM-G]
About KSM GmbH
KSM GmbH serves many fields of the film industry. Not only
strong in distributing in nearly all media categories and channels
using its own distribution line in German Speaking Europe, KSM as
well is acting as sales agent for worldwide distribution.
Additionally the company buys and sells film licenses and produces
content. Benjamin Krause, founder and CEO of KSM is known as award
winning producer of many documentation on national and
international level.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170413005384/en/
CINEDIGM:Jill Newhouse Calcaterra,
310-466-5135jcalcaterra@cinedigm.com
Cinedigm (NASDAQ:CIDM)
Historical Stock Chart
From Mar 2024 to Apr 2024
Cinedigm (NASDAQ:CIDM)
Historical Stock Chart
From Apr 2023 to Apr 2024