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News brief: Netflix, Amazon drive Cinedigm revenue growth
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LA-based content aggregator Cinedigm has seen revenue from its television programming library grow more than 60% thanks in part to to digital platforms such as Netflix, Hulu and Amazon.
The company has a library of more than 23,000 independent digital titles, and yesterday said VOD sales to the likes of Netflix, Amazon, Hulu and Xbox had grown 55% in fiscal 2013 compared with 2012.
Unusually, Cinedigm’s physical DVD business grew more than 65% year-on-year, compared with a standard industry decline of 6%.
Cinedigm sells series such as Lilyhammer and Wolfblood.
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