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Found some interesting numbers...

I think the Indie Direct is Alt content (live events, shows, concerts, one off nature programming type of stuff...)

I'm tempted to call the acquisitions person and figure out their S&P and expectations.
 
Interesting.

http://www.marketwatch.com/investin...6&lf2=67108864&lf3=0&type=2&size=2&style=1013

Oh, this looks like sh!te on a stick:
http://www.marketwatch.com/investing/stock/cidm/financials?CountryCode=US
Waning revenue is never good.
Their "unsucking" negative-improving EPS is due to decreasing Cost of Goods Sold & SG&A + increasing Depreciation.
Their interest expenses are just killing them.

From their 2012 10-K annual report
"Competition
Numerous companies are engaged in various forms of producing and distributing independent film and alternative content. These competitors have significantly greater financial, marketing and managerial resources than we do and have generated greater revenue and are better known than we are.

The Company views the following as its principal competition in its content and entertainment segment:
  • National CineMedia, LLC (NCM), the largest in-theatre advertising business whose 3 largest customers are Regal Entertainment Group, AMC Entertainment, Inc. and Cinemark Holdings, Inc. operates the largest theatrical alternative content and non-feature film content distribution in its Fathom Network;
  • Sony Pictures Classics, an autonomous division of Sony Pictures Entertainment;
  • Fox Searchlight Pictures;
  • Focus Features, a division of NBCUniversal;
  • IFC Entertainment;
  • Magnolia Pictures; and
  • The Weinstein Company.
"
http://investor.cinedigm.com/secfiling.cfm?filingID=932440-12-157&CIK=1173204 - Pages 9 & 10

Lettuce see what National CineMedia Inc. (NCMI) has been up to...

Much better: http://www.marketwatch.com/investing/stock/ncmi/financials
EPS fell off a cliff because last year their expenses went through the roof, but at least their customers are paying more for their services than they cost!
http://www.marketwatch.com/investin...t=444&widht=579&random=614545049&arrowdates=0

Here's what I'm really interested in (and why I go on these goose hunts!): http://finance.yahoo.com/q/co?s=NCMI+Competitors
  • Pvt1 = EmergingCinemas, LLC (privately held)
  • Pvt2 = Fandango Inc. (privately held)
  • Pvt3 = Screenvision Cinema Network, LLC (privately held)


In addition to seeing what services Cinedigm has to offer, I'd also (if I was dead serious and had a product - and I don't) see what EmergingCinemas and Screenvision, plus Deluxe Entertainment Services Group, had to offer.


Hmm... there seems to be a serious discrepancy between the data Marketwatch is attributing to Cinedigm and what they're reporting.
http://investor.cinedigm.com/releasedetail.cfm?ReleaseID=683321
 
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What's the difference between "Indie Film" and "Indie Direct" do you suppose?
Surprisingly, they're not too clear about the distinction between the two.

http://indiedirect.com/
&
http://indiedirect.com/releasesYou can pull most of these up on wikipedia, and the results are very sad compared to what I'm used to seeing.
There's no mention of many of these receiving any sort of distribution (AKA revenue) despite budget and cast.

Case in point: http://en.wikipedia.org/wiki/Bunraku_(film)
Incredible.


Sad.
Just sad.

Of those above that received theatrical release
Code:
					WORLDWIDE 
					THEATRICAL 
FILM 			Est. BUDGET	REVENUE

The Mutant Chronicles	$25,000,000	$ 2,131,057
April Showers		$	??	$    16,880
OPA!			$ 6,000,000	$    52,453
Life in a Day		$	??	$   252,788
The Undefeated		$ 1,000,000	$   116,381
The Ward		$10,000,000	$ 1,252,014
Pool Boys		$15,000,000	$     2,269
Snowmen			$	??	$    54,805
Knuckle			$	??	$     2,647
Do you guys KNOW why I harp on and on about (variable) production budget vs. (guesstimated) revenue?
THIS is why!
 
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Another point to consider is some of those push to get an extremely limited cinematic release to fulfill minimum requirements to get reviews in some of the major rags and leveraging some of that promotion to cut a home entertainment deal.

Then again, some of the movies may have just simply been bad/got taken over by a completion bond company and so on.

While on the topic, it's worth noting that just because there are big names attached doesn't guarantee a success of a movie. Take that Bunraku for instance. While I'm not familiar with the movie myself but a review copied from Wikipedia like this doesn't give me confidence it's a decent movie: "The film is certainly a case of style over substance, and the utter lack of substance may be fatal for some viewers. But the picture boasts a unique visual palatte [sic] and some interesting ideas ... Bunraku is not quite a good film, but it is surely a bad one worth watching for those who know what they are getting into." Spending 25 million on a film to simply submit it to film festivals without some distribution plan seems like a failing to plan to succeed.

Rayw is right. Filmmakers need to think more on the business and storytelling side of movies.
 
Interesting.

http://www.marketwatch.com/investin...6&lf2=67108864&lf3=0&type=2&size=2&style=1013

Oh, this looks like sh!te on a stick:
http://www.marketwatch.com/investing/stock/cidm/financials?CountryCode=US
Waning revenue is never good.
Their "unsucking" negative-improving EPS is due to decreasing Cost of Goods Sold & SG&A + increasing Depreciation.
Their interest expenses are just killing them.

From their 2012 10-K annual report
"Competition
Numerous companies are engaged in various forms of producing and distributing independent film and alternative content. These competitors have significantly greater financial, marketing and managerial resources than we do and have generated greater revenue and are better known than we are.

The Company views the following as its principal competition in its content and entertainment segment:
  • National CineMedia, LLC (NCM), the largest in-theatre advertising business whose 3 largest customers are Regal Entertainment Group, AMC Entertainment, Inc. and Cinemark Holdings, Inc. operates the largest theatrical alternative content and non-feature film content distribution in its Fathom Network;
  • Sony Pictures Classics, an autonomous division of Sony Pictures Entertainment;
  • Fox Searchlight Pictures;
  • Focus Features, a division of NBCUniversal;
  • IFC Entertainment;
  • Magnolia Pictures; and
  • The Weinstein Company.
"
http://investor.cinedigm.com/secfiling.cfm?filingID=932440-12-157&CIK=1173204 - Pages 9 & 10

Lettuce see what National CineMedia Inc. (NCMI) has been up to...

Much better: http://www.marketwatch.com/investing/stock/ncmi/financials
EPS fell off a cliff because last year their expenses went through the roof, but at least their customers are paying more for their services than they cost!
http://www.marketwatch.com/investin...t=444&widht=579&random=614545049&arrowdates=0

Here's what I'm really interested in (and why I go on these goose hunts!): http://finance.yahoo.com/q/co?s=NCMI+Competitors
  • Pvt1 = EmergingCinemas, LLC (privately held)
  • Pvt2 = Fandango Inc. (privately held)
  • Pvt3 = Screenvision Cinema Network, LLC (privately held)


In addition to seeing what services Cinedigm has to offer, I'd also (if I was dead serious and had a product - and I don't) see what EmergingCinemas and Screenvision, plus Deluxe Entertainment Services Group, had to offer.


Hmm... there seems to be a serious discrepancy between the data Marketwatch is attributing to Cinedigm and what they're reporting.
http://investor.cinedigm.com/releasedetail.cfm?ReleaseID=683321

Hmmm, as I don't really understand what you are trying to say Ray, do you think you could summarise this and what point you are making?
 
Hmmm, as I don't really understand what you are trying to say Ray, do you think you could summarise this and what point you are making?
A) Cinedigm's customers are not willing to pay Cinedigm what Cinedigm's costs are.
http://investor.cinedigm.com/releasedetail.cfm?ReleaseID=683321
2012 Revenues $76,557
2012 Expenses $98,597
2012 Net (Loss) ($23,040)

When a company, or ourselves, provides a product or service customers do not value they/we are paid less than it costs to operate the business.

This is indicative of something "not good."

B) National CineMedia's Inc (NMCI) customers are willing to pay NMCI more than NMCI's costs.
http://biz.yahoo.com/e/130222/ncmi10-k.html
2012 Revenues $448,800
2012 Expenses $435,400
2012 Net Gain $ 13,400

When a company, or ourselves, provides a product or service customers do value they/we are paid equal to or more than it costs to operate the business.

This is indicative of something "good."

C) By running this kind of rudimentary research I often run across competitors, such as EmergingCinemas, Screenvision, and Deluxe Entertainment Services Group, to see what they have to offer.

Don't marry the first girl you meet or take the first car repair estimate you get. ;)


More better?
 
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