Cinedigm Acquires Rights to IP MAN Television Series from KSM
Newest Part of the Huge Global IP MAN Franchise
LOS ANGELES--(BUSINESS WIRE)--
Cinedigm (NASDAQ: CIDM), a leading independent content distributor and
operator of OTT networks, today announced the acquisition of the IP
MAN TV Series. Based on the popular film franchise that has grossed
over $250M at the international box office, Cinedigm will be
distributing the TV series across all digital platforms, including
TV-VOD, TV EST, EST, IVOD, SVOD, AVOD & CIDM OTT channels, as well as
DVD, in the United States, Canada, UK & Ireland.
IP MAN SYNOPSIS:
The Wing Chun grandmaster IP MAN (Kevin Cheng) spends all his life in
pursuit of the authentic martial arts realm. Gaining enlightenment
throughout his childhood and adolescence, IP MAN undergoes a
transformation and becomes a Kung Fu legend, ascending to the highest
ranking of martial arts. After fleeing to Hong Kong, IP MAN
deliberately keeps a low-profile, but he is inevitably engaged in
conflicts. IP MAN is in a life-and-death struggle every day, but the
hardship enormously brings out the awe-inspiring righteousness and
fearlessness as a martial artist hidden inside him. In order to
inflict one last strike in the ring, IP MAN is heading back to Fo Shan
to be victorious with love and battle.
The Wing Chun grandmasters' sons, IP Chun and IP Ching, served as the
martial arts consultants on this series. Their father, the original IP
Man, was the martial arts consultant to Bruce Lee in the original IP Man
"We are thrilled to continue our distribution for the IP Man franchise
after previously distributing the movies IP Man, IP Man 2, and IP
Man: The Final Fight for limited digital accounts," said
Yolanda Macias, EVP of Acquisitions and Digital Sales for Cinedigm, "We
have great expectations for the first IP Man TV series, as affirmed by
the success of the feature films and the franchise's loyal fanbase."
"Since we have successfully released "IP Man 3" in the German
Speaking Territories in 2016 and preparing release of the "IP Man"
TV Series too, we are happy that Cinedigm has acquired the exploitation
rights HV and Digital in our international Territories US and UK.
Cinedigm has always proved its professional and successful way of
exploiting a franchise," said Benjamin Krause, CEO and founder of KSM.
The deal was negotiated and closed between Benjamin Krause of KSM and
Kelsey Straight on behalf of Cinedigm.
Cinedigm powers custom content solutions to the world's largest retail,
media and technology companies. We provide premium feature films and
series to digital platforms including iTunes, Netflix, and Amazon, cable
and satellite providers including Comcast, Dish Network and DirecTV, and
major retailers including Walmart and Target. Leveraging Cinedigm's
unique capabilities, content and technology, the Company has emerged as
a leader in the fast-growing over-the-top channel business, with four
channels under management that reach hundreds of millions of devices
while also providing premium content and service expertise to the entire
About KSM GmbH
KSM GmbH serves many fields of the film industry. Not only strong in
distributing in nearly all media categories and channels using its own
distribution line in German Speaking Europe, KSM as well is acting as
sales agent for worldwide distribution. Additionally the company buys
and sells film licenses and produces content. Benjamin Krause, founder
and CEO of KSM is known as award winning producer of many documentation
on national and international level.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170413005384/en/
Jill Newhouse Calcaterra, 310-466-5135
News Provided by Acquire Media
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