Cinedigm to Launch Free, Ad-supported CONtv Anime on Theta Network
Cinedigm (NASDAQ: CIDM) announced that the Company has partnered
with Theta Network to stream the Company’s free, ad-supported
streaming channel CONtv Anime to THETA.tv. THETA.tv is a
next generation decentralized streaming platform available on
desktop web, Android/iOS mobile app, and via Android TV.
Cinedigm’s owned and operated streaming channel CONtv
Anime meets the needs of anime fans with a wide range of iconic
anime series & movies, including cyberpunk, supernatural tales,
gripping dramas and epic fantasy adventures.
“Cinedigm is bringing our CONtv Anime channel to Theta Network
featuring 24/7 anime favorites that anime fans have long desired.
We have seen strong interest in our anime content catalog, so we
aim to create a leading outlet for fans of anime content
worldwide,” said Tony Huidor, Cinedigm’s General Manager of Digital
Networks. “The worldwide anime revolution continues to grow and
digital streaming services currently lack a broad offering that
meets the needs of fans. We are looking to make it available for
free for both dedicated fans and casual viewers who are just
discovering this leading genre of animation.”
“We’re thrilled to add Cinedigm’s CONtv Anime channel to the
Theta Network, building on our expanded content strategy,” said
Mitch Liu, CEO of Theta Labs. “Theta users can enjoy CONtv Anime
while they earn TFUEL rewards, creating a unique and engaging
viewer experience you can’t get anywhere else.”
Theta Labs was founded in 2016 with backing from leading
investors in tech (Samsung NEXT, Sony Innovation Fund), media (CAA,
Bertelsmann Digital Media Investments), and traditional venture
capital (Sierra Ventures, DCM Ventures). In addition to CONtv
Anime, recent partnerships have added content from MGM Studios,
World Poker Tour, and NASA TV to the Theta Network lineup.
Cinedigm continues to focus on bringing well-established brands
and film & television content from leading content owners into
the rapidly growing free ad-supported television marketplace.
Consumer interest in premium content remains strong within the OTT
ad-supported space as traditional cable and satellite services
continue to lose subscribers seeking low-cost alternatives and new
options for their entertainment needs.
For more than twenty years, Cinedigm (NASDAQ: CIDM) has led the
digital transformation of the entertainment industry. Today,
Cinedigm entertains hundreds of millions of consumers around the
globe by providing premium content, streaming channels and
technology services to the world’s largest media, technology and
retail companies. For more information, visit
Theta Labs pioneered the next generation Esports entertainment
platform, THETA.tv, and Theta Network, the leading video delivery
network powered by blockchain technology. Theta rewards anyone to
restream video and enables existing video platforms to deepen
viewer engagement, drive incremental revenues, and reduce CDN
costs. Theta’s protocol enables users to earn rewards by relaying
video on a peer-to-peer basis, utilizing excess bandwidth on any
device. Platform partners span Esports, media, entertainment,
peer-to-peer live streaming, and more. THETA.tv, the first platform
built on the Theta Network, leverages its existing user base of
millions of Esports viewers. Other video platforms integrating with
the Theta protocol include Samsung VR, Littlstar and MovieBloc.
Learn more at www.thetalabs.org.
version on businesswire.com: https://www.businesswire.com/news/home/20200917005095/en/
Press Contact for CIDM: Jill Calcaterra 310-466-5135
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