Business
Cinedigm Expands Key Leadership Team Roles To Maximize Streaming Business Growth
Gary Loffredo Adds President Role, Erick Opeka adds Chief Strategy Officer Responsibilities and Yolanda Macias Becomes Chief Content OfficerLOS ANGELES, CA /
About this update from Cineverse Corp.
[{"type":"text","content":"Gary Loffredo Adds President Role, Erick Opeka adds Chief Strategy Officer Responsibilities and Yolanda Macias Becomes Chief Content OfficerLOS ANGELES, CA / ACCESSWIRE / January 12, 2021 / Cinedigm (NASDAQ:CIDM) announced today the promotions of three key executives. Gary Loffredo adds the title of President/Cinedigm to his current titles of Chief Operating Officer, General Counsel and Secretary of Cinedigm Corp. Erick Opeka adds Chief Strategy Officer, Cinedigm Corp to his current responsibilities as President of Digital Networks. Yolanda Macias is promoted to Chief Content Officer, Cinedigm Entertainment Group (CEG) from Executive Vice President, CEG.\"We have expanded these key roles for the senior leadership team to fully capitalize on the tremendous growth we are experiencing in our digital streaming business,\" said Chris McGurk, Cinedigm Chairman and CEO. \"Having secured the talents of Yolanda, Erick and Gary for the foreseeable future, I am fully confident that we now have the best leadership team in place to rapidly grow the business and expand our leadership position in streaming channels, content and technology. All aspects of our streaming business are already experiencing strong growth, from our ad-based channels to our viewership and paid subscriber base to our digital content licensing business, and this team is now perfectly focused and aligned to further expand that growth operationally, strategically and through the acquisition roll-up initiative of streaming assets we are currently pursuing.\"Gary Loffredo is responsible for managing Cinedigm's day to day operations including financial operations, investor relations, public facing company compliance and internal operations, human resources, legal and the digital cinema business. Loffredo is also actively engaged to support, manage and execute on mergers and acquisitions and company-wide initiatives that advance the Company's financial growth and overall value. Loffredo has been a key management figure with Cinedigm since 2000, working in a variety of roles including Senior Vice President - Business Affairs, General Counsel, Secretary, and Interim Co-Chief Executive Officer, and serving on the Board of Directors. He is also Cinedigm's Corporate Secretary.Erick Opeka brings 18 years of experience as an executive at the intersection of entertainment and technol...