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Cinedigm Announces the Completion of the Sale of a Total of 244 Digital Cinema Projection Systems

Jan 09, 2019 - GlobeNewswire

LOS ANGELES, Jan. 09, 2019 (GLOBE NEWSWIRE) -- Cinedigm (NASDAQ: CIDM) announced today that it has completed the sale of a total of 244 digital cinema projection systems. Last month, the Company announced the agreement to sell 125 digital cinema projection systems. The sale of those 125 systems has now been completed. In addition, the Company has completed the sale of an additional 102 digital cinema projection systems. Together with the previously announced sale of 17 systems, the total n...