Cinram Boosts Profitability In Q3
The Canada-based replicator and distributor posts net income of US$9.5 million for its third quarter, with Blu-ray volumes partially offsetting DVD declines. By the Canadian Press
View ArticleCinram Completes Senior Debt Buyback
Through nine separate auctions from April 1, 2009 to Dec. 16, 2009, Cinram International Income Fund acquired an aggregate of US$169.7 million of its senior debt for a net cost of US$129.8 million. As...
View ArticleWarner Home Video Ends Cinram DVD Supply Deal
Cinram’s long-running, exclusive deal with Warner Home Video (WHV) for DVD manufacturing and distribution services is coming to an abrupt end this summer. The Toronto-based disc replicator announced...
View ArticleTechnicolor Picks Up Warner DVD Business
Following Cinram’s announcement that Warner Home Video was ending its exclusive relationship with the DVD services company, rival disc manufacturer Technicolor says that it will fulfill the studio’s...
View ArticleCinram, Reporting ’09 Results, Looks To 2010 Opportunities
Cinram reported a 15% decrease in revenue for the year ended Dec. 31, 2009, as a result of lower DVD unit sales and selling prices, combined with lower revenue from CDs, wireless and its Ditan...
View ArticleCinram Launches CDSA Content Protection & Security Initiative
Cinram International has announced the initiation of the CDSA Content Protection and Security certification process, which for over ten years has assisted content holders and their service providers in...
View ArticleCinram Adds Jeffrey Fink As EVP
As part of its effort to add new studio customers, Cinram has hired home entertainment veteran Jeffrey Fink as EVP of Studio Development. Fink, who currently runs his own consultancy, held executive...
View ArticleCinram Posts Profit; Blu-ray Revenue Doubles In Q1
Cinram says it posted a first-quarter profit of $7.9 million thanks to higher DVD and Blu-ray shipments as well as favorable currency exchange rates. Among the takeaways: the company replicated 243.6...
View ArticleCinram Downsizing PA Plant
Cinram plans to lay off 155 staff at its Scranton, PA-area replication plant in August, following the transition of the Warner Home Video business to Technicolor. The facility currently employs about...
View ArticleView From The Top: Steven G. Brown, Cinram International CEO
One year ago, former automotive executive Steve Brown was named CEO of the world’s largest optical media and entertainment supply chain services company, Toronto-based Cinram International. This year,...
View ArticleCinram Reports Q2 Earnings
Second-quarter revenue from DVD and Blu-ray replication and distribution, which represents 80% of Cinram’s business, was down 8% to $203.8 million from $222.6 million in 2009, the company reported...
View ArticleCinram Arms Itself Against Possible Hostile Takeover Bids
The purpose of a new unitholder rights plan, Cinram says, is to provide its board with sufficient time to develop and implement alternatives in the event of an unsolicited bid for the entertainment...
View ArticleResearch: Consumers Prefer Direct Mail Use of DVDs and CDs
DVDs and CDs are a preferred form of direct marketing that yield significantly higher results than print media and email, according to a recently released research study produced in cooperation with...
View ArticleCinram Reports Higher Margins, Blu-ray Revenues in Q3
Although its replication contract with Warner Home Video ended July 31, Cinram reported that its third-quarter results exceeded its expectations. The results, said Cinram CEO Steve Brown, “included a...
View ArticleDigital Now 40% of U.S. Music Market for Warner; Downloads Flat with Last Year
Digital products now account for 40% of Warner Music Group’s domestic recorded music revenue, though the U.S. market for downloads plateaued during the company’s fiscal 2010 (ended Sept. 30). Domestic...
View ArticleCinram Announces Refinancing Plan
Cinram International announced Wednesday a proposed refinancing and recapitalization transaction with its current lenders, as the media manufacturer and distributor looks to further reduce its...
View ArticleCinram Acquires 1K Studios in Digital Services Expansion
Less than a week after it revealed details of a corporate refinancing and recapitalization plan, Cinram International announces its acquisition of digital media specialist 1K Studios for an undisclosed...
View ArticleBlu-ray Highlights Cinram’s Q4
Blu-ray disc replication revenue at Cinram rose in the fourth quarter of 2010 to $13.1 million, a 68% increase from $7.8 million in the fourth quarter of 2009. While Blu-ray continues to be a bigger...
View ArticleCinram Taps Warner Exec For Digital Operations
Packaged media distributor Cinram International continues to expand its digital operations with the hiring of studio veteran John Crosier as senior VP of digital architecture and delivery. Crosier...
View ArticleCinram Rebranding Wins Honors
Cinram International has received recognition from the 2011 Rebrand 100 Global Awards for its recent brand repositioning, based on the theme of “delivering excitement.” The campaign, produced by...
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