- Streaming company Cinedigm Corp CIDM announced that its classic film restoration and streaming company The Film Detective had acquired Los Angeles-based Holland Releasing's motion picture library of over 100 classic films and television shows.
- The financial terms of the transaction remain undisclosed.
- The library is wide-ranging and includes science fiction, horror, and comedy titles.
- Cinedigm held $17.8 million in cash and equivalents as of March 31.
- Price Action: CIDM shares traded higher by 1.01% at $2.01 on the last check Tuesday.
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