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Gaiam Incorporated
Cinedigm acquires entertainment assets of Gaiam Inc.
Cinedigm acquires entertainment assets of Gaiam Inc.

Cinedigm Corp. said it has agreed to acquire the entertainment assets of Gaiam Inc., a leading distributor of home entertainment brands and content, for $51.5 million. The acquisition, the largest to date for Cinedigm, is the latest move by the company to transform itself into one of the leading independent distributors of documentaries, movies and TV shows in theaters and digital outlets. Based in Century City, Cinedigm also is known for helping moving theaters transition from film to digital. Last year, Cinedigm acquired New Video Group, a New York-based distributor of independent films, TV shows and specialty entertainment, for $14 million. PHOTOS: 2012 highest-paid media executives...

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