Benzinga | Sep 7, 2021 11:01AM EDT

The Film Detective Scoops Holland Releasing's Classic Film, TV Library

* Streaming company Cinedigm Corp (NASDAQ:CIDM) announced that its classic film restoration and streaming company The Film Detective had acquired Los Angeles-based Holland Releasing's motion picture library of over 100 classic films and television shows.

* The financial terms of the transaction remain undisclosed.

* The library is wide-ranging and includes science fiction, horror, and comedy titles.

* Cinedigm held $17.8 million in cash and equivalents as of March 31.

* Price Action: CIDM shares traded higher by 1.01% at $2.01 on the last check Tuesday.