Monday, January 7, 2008

CinemaElectric, Inc. (CINM)

CinemaElectric is a wireless services company and creator of PocketCinema(TM) multimedia. The Hollywood-based studio produces downloadable video, applications, and graphics for a global audience. CinemaElectric was founded by filmmaker James F. Robinson in 1999 and is based at the Los Angeles Center Studio complex in Los Angeles.
Cinema Electric programming is distributed through its Global Distribution Network and seen in over 50 countries throughout North America, Europe, Latin America and Asia. The company’s production studio and editing facilities are optimized for mobile and staffed by an experienced team of professionals from the entertainment and wireless industries who understand the nuances of creating compelling entertainment for the mobile platform.

The company produces and acquires the raw content; and adapts it to mobile devices via a proprietary Dense Media Format (DMF) production process. CinemaElectric distributes the content via a network of wireless carriers, phone manufacturers, content resellers and web portals, and shares in download fee revenues. The company also produces revenue from production and marketing services.
CINM is essentially trying to port Turner’s broadcast model to the Mobile space. The company is keen on acquisitions actively scouting for Billing, Gaming and Applications companies in the Mobile Space. Approximately 36 million shares of CINM are traded on OTC.BB exchange; and the management owns a little over 9%.
Listen to interview with Adam Levin, CEO of Cinema Electric: