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Rlj Entertainment Inc

RLJ Entertainment, Inc. is a public company that is primarily involved in the production, distribution, and licensing of entertainment content. The company operates through two main segments: Broadcasting and Television Distribution, and Content Production and Digital Distribution.

RLJ Entertainment's Broadcasting and Television Distribution segment includes the Acorn TV brand, which is a streaming service that offers a selection of British television shows and other exclusive content. The segment also includes the UMC (Urban Movie Channel), which is a subscription-based video streaming service that focuses on delivering urban content to viewers.

The Content Production and Digital Distribution segment of RLJ Entertainment is engaged in the production and distribution of feature films and television programs, as well as the licensing of these productions to various platforms. The company has produced and distributed a variety of films and TV shows across a range of genres, including drama, thriller, documentary, and more.

RLJ Entertainment's stock is traded on the NASDAQ stock exchange under the ticker symbol "RLJE". As of March 2023, the company's market capitalization is around $50 million. Its financial performance has been impacted by the ongoing COVID-19 pandemic, as well as changes in consumer behavior and the competitive nature of the entertainment industry.

However, RLJ Entertainment remains committed to delivering high-quality content to its audiences, and continues to explore new opportunities for growth and expansion. The company's focus on niche markets like British television and urban content, as well as its growing digital streaming platforms, position it well for long-term success in the ever-evolving entertainment industry.