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Stock Market & Financial Investment News

News Breaks
August 20, 2014
12:20 EDTCIDMRonald Chez sends letter to Cinedigm over insider ownership
Ronald Chez disclosed a letter sent to Cinedigm CEO Chris McGurk, which stated in part, "I was concerned to see that certain key officers and members of the Board of Directors have yet to make a serious personal financial commitment to own equity in Cinedigm apart from holding stock options...I believe the board policy should define ownership levels based on management positions ranging from 50% to 300% of base compensation for company officers, and three to five times annual director total compensation for outside directors. These levels should be achieved within a reasonable time frame." Chez owns 7.9% of Cinedigm's outstanding shares.
News For CIDM From The Last 14 Days
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July 1, 2015
12:03 EDTCIDMCinedigm investment in Shout! Factory valued at less than $5M, Variety says
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June 29, 2015
16:08 EDTCIDMCinedigm announces $5M share repurchase program
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16:07 EDTCIDMCinedigm reports Q4 EPS (14c), consensus (7c)
Reports Q4 revenue $27.6M, consensus $26.26M.
June 25, 2015
17:45 EDTCIDMCinedigm investment in Shout! Factory valued at less than $5M, Variety says
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June 24, 2015
16:02 EDTCIDMCinedigm secures North American distribution rights to 'Meadowland'
Cinedigm has acquired all North American distribution rights to "Meadowland," featuring Olivia Wilde, Luke Wilson, and John Leguizamo. Meadowland will have an October theatrical release.

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