Gaiam Acquires Majority Stake In Spiritual Cinema Circle

Share this content:

Multichannel lifestyle media company Gaiam Inc. paid $6.9 million in cash for an approximate 63 percent ownership interest in Cinema Circle Inc.

Cinema Circle, Sante Fe, NM, is the parent company of Spiritual Cinema Circle, a subscription-based DVD film club that delivers films to members' homes that they can keep. The films seek to expand members' minds without the violence, explicit language or graphic content of mainstream Hollywood movies.

The acquisition fits Gaiam's growth strategy to leverage its 7 million-customer base to expand its media subscription base products.

Gaiam, Broomfield, CO, mails 20 million catalogs a year under the brand names Gaiam Living, Gaiam Mind Body, RealGoods and Explorations.

close

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above