Cinedigm Corp. (CIDM) Q2 2023 Earnings Conference Call November 15, 2022 12:00 PM ET

Company Participants

Gary Loffredo - President, Chief Operating Officer and General Counsel

Chris McGurk - Chairman and CEO

John Canning - Chief Financial Officer

Yolanda Macias - Chief Content Officer

Erick Opeka - Chief Strategy Officer and President, Cinedigm Networks

Tony Huidor - Chief Technology and Product Officer

Conference Call Participants

Dan Kurnos - Benchmark

Brian Kinstlinger - Alliance Global Partners

Terry Hackett - Hackett Management

Operator

Good day, ladies and gentlemen. Today, we are hosting our Conference Call to discuss Cinedigm’s Fiscal 2023 First (sic) [Second] Quarter Results. My name is Adam, and I will be your conference operator. Currently, all participants are in a listen-only mode. We will have a question-and-answer session at the end of the call. [Operator Instructions]

Please note that this call is being recorded. Your host for today is Gary Loffredo, COO and General Counsel. Please go ahead.

Gary Loffredo

Good afternoon, everyone. And welcome to Cinedigm’s fiscal 2023 second quarter results conference call.

Before we begin, I would like to point out certain statements made on today’s call contain forward-looking statements. These statements are based on management’s current expectations and are subject to risks, uncertainties and assumptions.

The company’s periodic reports that are filed with the SEC described potential risks and uncertainties that could cause the company’s business and financial results to differ materially from those forward-looking statements. All of the information discussed on this call is as of today, November 15, and Cinedigm undertakes no duty to update it.

In addition, certain financial information presented on this call represents non-GAAP financial measures and we encourage you to read our disclosures and the reconciliation tables applicable to GAAP measures in our earnings release carefully as you consider these metrics.

I am Gary Loffredo, President, Chief Operating Officer and General Counsel of Cinedigm. With me today are Chris McGurk, Chairman and CEO; John Canning, Chief Financial Officer; Yolanda Macias, Chief Content Officer; Erick Opeka, Chief Strategy Officer and President of Cinedigm Networks; and Tony Huidor, Chief Technology and Product Officer. All of whom will be available for questions following the prepared remarks.

I will now turn the call over to Chris McGurk to begin.

Chris McGurk

Thank you, Gary, and welcome, everyone, and thanks for joining us on the call today. Before getting into a recap of our strong Q2 2003 (sic) [2023] performance, which was led once again by record streaming advertising revenues, I’d like to start off by addressing the recent outstanding success of what we call our 360-degree business and promotional approach to horror, which is the hottest genre in entertainment today.