Hollywood Reporter – Cinedigm Sells Majority Stake to Hong Kong’s Bison Capital for $40M

Cinedigm is a frequent collaborator with streaming giants Amazon and Netflix.

June 30, 2017

‘In the latest China-Hollywood tie-up, Cinedigm has agree to sell majority equity ownership to Bison Capital, a Hong Kong-based investor in film and TV production.

Under the terms of the deal, Bison will buy 20 million newly issued shares of Cinedigm for up to $30 million and provide as much as $10 million in working capital within 60 days of the stock sale.’

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