The Los Angeles-based production and distribution company Electric Entertainment has announced the closing of a US$100 million loan credit facility with Bank of America.
Lee will be responsible for developing strategic partnerships to help Cinedigm expand its business in the global streaming marketplace with an emphasis on the rapidly-growing Asia-Pacific market.
According to recent data from Analysis released by Media Partners Asia, the region's sector grew revenues by 25% Y/Y to US$12.0 billion in 2022. SVOD revenue is projected to reach US$19.1 billion by 2027.
Winsing rolled out 3 brand new toy series with unique features for the Summer Edition, 2 in 1 combine robot series; mini adventure track series and magnetic transforming cube.