IT News Online – Cinedigm Names Cheryl Odoardi Senior Vice President of Finance and Accounting4 min read
Appointment Will come As Cinedigm’s Streaming Business Is Dealing with Exponential Growth
LOS ANGELES, CA / ACCESSWIRE / March 12, 2021 / Cinedigm (NASDAQ:CIDM) announced right now the appointment of Cheryl Odoardi as Senior Vice President of Finance and Accounting. Odoardi will oversee all aspects of finance like accounting, reporting, economical arranging and examination, funding, doing the job funds administration, treasury, tax compliance and scheduling, inner controls and policy growth. She will also be an integral member of our M&A crew.
Odoardi provides intensive global money management experience with more than 25 years in the technological know-how, media, enjoyment and consumer solutions industries. She has strengthened, streamlined and scaled businesses driving EBITDA growth. Prior to signing up for Cinedigm, Odoardi held executive fiscal leadership positions at NBCUniversal, BCBGMAXAZRIA Group, Biogen, NLG, The Mastering Corporation and RB Media wherever she was the Chief Money Officer. At TLC, she was a leader in the acquisition and integration of 29 interactive media businesses as effectively as the eventual sale of the enterprise for $3.6 billion and has executed many invest in and promote side transactions through her career. She provides considerable technological know-how platform style and design, improvement and start practical experience which include TLC’s point out of the artwork royalty process, NLG’s travel support system which formed the basis of the online journey business and BCBGMAXAZRIA’s transformation from a global brick and mortar retailer to an omni-channel chief culminating in the company’s sale. She started her career at Ernst & Youthful LLP and maintains an energetic CPA license. Odoardi graduated from Brown College with a degree in Biology. She gained her MBA and Master of Science in Accounting from Northeastern College. She completed post-MBA research in Entrepreneurial Finance at Babson Higher education. She will report to Gary Loffredo, Chief Functioning Officer, Standard Counsel and President/Cinema Devices Company, President/Cinedigm.
“We are thrilled Cheryl has joined our crew in such an significant function at a pivotal time for our Firm,” stated Loffredo. “Cheryl’s operational and strategic economical management knowledge will be invaluable for us to push equity price whilst preserving money self-discipline for the duration of a period of exponential expansion.”
Odoardi explained “Cinedigm’s momentum in streaming pushed by the growing viewership of our current channel portfolio and our launch of new channels, expansion of our distribution community, expansion of our Matchpoint TM engineering system and first-course content acquisition has been transformational. I am enthusiastic to be a component of the Company as we continue to accelerate.”
For much more than 20 many years, Cinedigm (NASDAQ:CIDM) has led the electronic transformation of the leisure field. Right now, Cinedigm entertains hundreds of tens of millions of buyers around the globe by providing quality content, streaming channels and engineering providers to the world’s biggest media, technological innovation and retail businesses. For a lot more information and facts, take a look at http://www.cinedigm.com/.
Cinedigm has leaned into electronic monetization due to the fact its inception, featuring material suppliers a route to international achieve on streaming platforms. Info and analytics guide the Company’s selections to stick to development tendencies such as AVOD and the group closed numerous latest distribution discounts like NBC Peacock, Google, Redbox, Local Now, Plex, and Fuse, in addition to existing AVOD partnerships with many platforms this sort of as Tubi, Pluto, Vudu, Amazon, and Roku, among many others, to have the new written content.
Cinedigm gives international streaming linear, on-desire branded channels although distributing digital movies and Television set sequence on just about every significant transactional, SVOD, and AVOD global system. The Business distributes tens of thousands of hrs of movie and Television set articles to about 70 digital platforms in 180+ territories. Branded content material contains co-productions in the action, western and armed forces genres along with household (Hallmark, ZDF), anime (Konami Cross Media) and athletics championship systems (NFL, NHL).
Cinedigm makes use of, and will continue to use, its site, push releases, SEC filings, and many social media channels, like Twitter, LinkedIn, Fb, StockTwits and the Corporation internet site as added indicates of disclosing community facts to buyers, the media and some others fascinated in the Organization. It is doable that specific data the Organization posts on its web site, disseminated in push releases, SEC filings, and on social media could be deemed to be content facts, and the Business encourages buyers, the media and other folks intrigued in the Firm to assessment the business and economic information the Company posts on its web-site, disseminates in push releases, SEC filings and on the social media channels identified previously mentioned, as such facts could be deemed to be materials information and facts.
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Source: Cinedigm Corp.
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