Cineverse Switches on Frequency to Distribute its Top FAST Channels Worldwide
- LOS ANGELES , Aug. 22, 2024 /PRNewswire/ -- Frequency, the engine behind many of the world's best-known streaming television channels, is proud to announce that Cineverse (NASDAQ:CNVS), a recognized pioneer in the FAST industry, has chosen Frequency to deliver leading channels from its streaming portfolio to more than 25 platforms. This strategic partnership underscores Cineverse's significant growth and evolution in the streaming market by enhancing content delivery methods and viewer engagement across its channels.
- 08/22/2024
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Cineverse's 'Dog Whisperer With Cesar Millan' FAST Channel Now Available on VIZIO WatchFree+
- The channel provides millions of users with free 24/7 access to more than 160 episodes of the beloved animal training series LOS ANGELES , Aug. 20, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today announced its Dog Whisperer With Cesar Millan free ad-supported streaming television (FAST) channel is streaming on VIZIO (NYSE: VZIO) Smart TVs. The Dog Whisperer With Cesar Millan FAST channel gives VIZIO users all nine seasons of the beloved animal training series – more than 160 episodes – on VIZIO WatchFree+ (ch.
- 08/20/2024
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Cineverse Partners With Wurl to Power FAST Channel Portfolio
- Partnership will Bring New Channels to Viewers, while also Enhancing Cineverse's Monetization and Discovery Capabilities LOS ANGELES , Aug. 15, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today announced a broad partnership with Wurl, LLC ("Wurl"), a leader in the CTV industry, to distribute its growing portfolio of free, ad-supported streaming television (FAST) channels and launch new channels. The partnership will enable Cineverse to streamline channel launches through seamless integration with Matchpoint, the company's proprietary distribution platform, along with enhanced monetization which will provide Cineverse with future opportunities to expand the company's strategic initiatives around content discovery and personalization.
- 08/15/2024
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Cineverse Corp. (CNVS) Q1 2025 Earnings Call Transcript
- Cineverse Corp. (NASDAQ:CNVS ) Q1 2025 Earnings Conference Call August 14, 2024 4:30 PM ET Company Participants Gary Loffredo - Chief Legal Officer, Secretary and Senior Advisor Chris McGurk - Chairman and Chie Executive Officer Mark Lindsey - Chief Financial Officer Erick Opeka - President and Chief Strategy Officer Conference Call Participants Brian Kinstlinger - Alliance Global Partners Daniel Kurnos - The Benchmark Company Operator Good day, everyone. Welcome to Cineverse's Third Quarter Fiscal 2024 Financial Results Conference Call.
- 08/14/2024
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Cineverse Reports First Quarter Fiscal Year 2025 Results
- Total Revenue of $9.1 Million Total Direct Operating Margin of 51% Selling, General, and Administrative Expenses decreased by $1.3 Million, or 17% LOS ANGELES , Aug. 14, 2024 /PRNewswire/ -- Cineverse Corp. ("Cineverse" or the "Company") (NASDAQ: CNVS), a global streaming technology and entertainment company, today announced its financial results for its fiscal first quarter ended June 30, 2024 ("Q1 FY 2025"). Q1 FY 2025 Highlights (all comparisons are to the prior year fiscal quarter ended June 30, 2023, or Q1 FY 2024): For the fiscal quarter ended June 30, 2024, the Company's initiatives to reduce operating costs continued to have a positive impact on our financial results contributing to a decrease in SG&A expenses of $1.3 million, or 17% and also helped increase our direct operating margin to 51% from 46% last year, above our previously stated target of 45% to 50%.
- 08/14/2024
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CINEVERSE ACHIEVES SIGNIFICANT YEAR-OVER-YEAR FAST VIEWING GAINS
- Across the Company's Brands, 2.26 Billion Minutes Were Watched, Up 73% From Last Year LOS ANGELES , Aug. 12, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today announced remarkable year-over-year growth in free ad-supported streaming TV (FAST) viewing. In the fiscal second quarter of 2024, Cineverse's FAST channels amounted to 2.26 billion minutes watched, reflecting a 73% increase compared to the same period last year (1.31 billion minutes in 2Q23).
- 08/12/2024
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Cineverse to Report First Quarter Fiscal 2025 Financial Results on Wednesday, August 14, 2024
- LOS ANGELES , Aug. 7, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today announced it will release its financial results for the first quarter fiscal year 2025 ended June 30, 2024, after market close on Wednesday, August 14, 2024. Cineverse will host a conference call discussing these results at 4:30 p.m.
- 08/07/2024
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Cineverse Acquires Jenni "JWOWW" Farley's Directorial Debut for the Company's Streaming Service SCREAMBOX
- The Film DEVON Explores Every Parent's Worst Nightmare LOS ANGELES , Aug. 1, 2024 /PRNewswire/ -- No good deed goes unpunished in DEVON, the latest acquisition from distributor and streaming innovator Cineverse (NASDAQ: CNVS). When a group of friends try to uncover the truth behind an unsolved disappearance, they unwittingly find themselves at the center of a terrifying mystery.
- 08/01/2024
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Cineverse to Publish Extensive Library of Video Content on Spotify
- Programming from Cineverse Channels Including Crime Hunters, Dog Whisperer with Cesar Milan, Comedy Dynamics, EntrepreneurTV, the Sid & Marty Krofft Channel and more Now Live on the Global Platform LOS ANGELES , July 30, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today announced that it will be distributing video content for the first time on Spotify . This includes programming from both Cineverse's channel partners as well as additional titles curated from the company's content library of more than 70,000 films and television shows.
- 07/30/2024
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Cineverse's 'Dog Whisperer With Cesar Millan' FAST Channel Celebrates 'Bark Week' and Goes Live on Pluto TV
- The Channel Has Seen Tremendous Growth Across Consumption and Engagement Since Its January Launch LOS ANGELES , July 2, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today announced its inaugural Bark Week on the Dog Whisperer With Cesar Millan free ad-supported streaming television (FAST) channel for the week of July 7 to July 14, 2024. The company also announced that the channel will be available on Pluto TV on July 8 – just in time for Bark Week.
- 07/02/2024
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Cineverse Corp. (CNVS) Q4 2024 Earnings Call Transcript
- Cineverse Corp. (NASDAQ:CNVS ) Q4 2024 Earnings Conference Call July 1, 2024 4:30 PM ET Company Participants Gary Loffredo - Chief Legal Officer, Secretary & Senior Advisor Chris McGurk - Chairman and Chie Executive Officer Mark Lindsey - Chief Financial Officer Erick Opeka - President and Chief Strategy Officer Conference Call Participants Dan Kurnos - The Benchmark Company Operator Good day, everyone. Welcome to Cineverse's Fourth Quarter Fiscal Year 2024 Financial Results Conference Call.
- 07/01/2024
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Cineverse Reports Fourth Quarter and Fiscal Year 2024 Results
- Total Revenue of $49.1 Million Total Direct Operating Margin Increased to 61% from 47% Selling, General, and Administrative Expenses Decreased By $8.9 Million, or 24% Adjusted EBITDA of $4.4 Million, an Increase of $4.3 Million from Prior Year Positive Working Capital of $1.5 Million as of Year End LOS ANGELES , July 1, 2024 /PRNewswire/ -- Cineverse Corp. ("Cineverse" or the "Company") (NASDAQ: CNVS), a global streaming technology and entertainment company, today announced its financial results for the quarter and fiscal year ended March 31, 2024 ("FY 2024"). FY 2024 Financial Overview (all comparisons are to the prior fiscal year ended March 31, 2023): For the fiscal year ended March 31, 2024, the Company's initiatives to reduce operating costs, optimize our streaming channel portfolio and increase margins continued to have a positive impact on our financial results contributing to Adjusted EBITDA of $4.4 million for the year, up $4.3 million over the prior year.
- 07/01/2024
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Exclusive Bloody Disgusting Merchandise Now Available in Horror Fan Shops at Select Walmart Locations
- Terrifier 2's Art the Clown Collector's Edition VHS among Items from Cineverse's Horror Brand LOS ANGELES , June 28, 2024 /PRNewswire/ -- Cineverse (NASDAQ: CNVS ), an innovative streaming technology and entertainment company, and Bloody Disgusting, its horror division, have announced today a new Horror Fan Shop featuring exclusive Bloody Disgusting merch including Terrifier 2's Art The Clown and more at 1,700-plus Walmart stores across the country. This collection has limited quantities and was curated by Bloody Disgusting specifically for fans.
- 06/28/2024
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Cineverse and 9 Story Bring Garfield to New Free Streaming Channel
- '9 Story Presents: Garfield and Friends' FAST Channel Now Available on Sling Freestream. LOS ANGELES , June 27, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today announced the 9 Story Presents: Garfield and Friends Channel is now live on Sling Freestream.
- 06/27/2024
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XL8 and Cineverse Announce Groundbreaking AI-Powered Captioning and Localization Partnership
- SAN JOSE, Calif. , June 25, 2024 /PRNewswire/ -- XL8 , a leading deep-tech startup specializing in AI-powered machine translation technology, and Cineverse (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today announced an agreement to enhance Cineverse's Matchpoint content management and distribution platform with XL8's advanced AI-driven captioning and localization capabilities.
- 06/25/2024
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Cineverse to Report Fourth Quarter and Full-Year Fiscal 2024 Financial Results on Monday, July 1, 2024
- LOS ANGELES , June 24, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today announced it will release its financial results for the fourth quarter and full fiscal year 2024 ended March 31, 2024, after market close on Monday, July 1, 2024. Cineverse will host a conference call discussing these results at 4:30 p.m.
- 06/24/2024
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TITAN BOOKS PUBLISHING TERRIFIER 2 NOVELISATION WITH BLOODY DISGUSTING
- LOS ANGELES , June 21, 2024 /PRNewswire/ --Titan Books is thrilled to announce the upcoming novelisation of the slasher film Terrifier 2, in partnership with Cineverse (NASDAQ: CNVS) and its horror division, Bloody Disgusting. The book will be out October 29, 2024, to accompany the release of Terrifier 3 in cinema and is written by Tim Waggoner, author of the Halloween Kills and Resident Evil: The Final Chapter novelisations.
- 06/21/2024
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Jason Patric Joins Terrifier 3 Cast
- Shooting Wrapped Last Week on Hotly Anticipated Slasher Sequel Terrifier 3 opens nationwide on October 11, 2024, just in time for the Halloween season. LOS ANGELES , June 17, 2024 /PRNewswire/ -- Cineverse (NASDAQ: CNVS), an innovative streaming technology and entertainment company, and Bloody Disgusting, its horror division, have announced today that horror icon Jason Patric (The Lost Boys, Narc) has joined the cast of Terrifier 3 from filmmakers Damien Leone and Phil Falcone.
- 06/17/2024
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Cineverse Passes Ten Million YouTube Subscribers
- Driven by Eight Fan-focused Channels with 400K-plus Subs and Successful New Additions for Dog Whisperer and For Us By Us Network LOS ANGELES , June 13, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today announced that it has passed 10 million subscribers to its fandom-focused YouTube channels. This success has been driven by the company's fan-focused social video channels for several of its brands that have earned 400K or more subscribers on YouTube alone, including AsianCrush (pan-Asian, approaching 3.5 million), Free Movies from Cineverse (indie film, 1.3 million), K-Crush (K-pop, 938K), RetroCrush (classic anime, 901K), Cineverse Romance (romance movies, 760K), Midnight Pulp (cult movies and TV shows, 636K), QTTV (LGTBQ+, 575K) and Bloody Disgusting (horror, 407K).
- 06/13/2024
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Cineverse Services Now Available to Matchpoint Partners, Bringing an Additional Revenue Stream to the Company
- India-Based Team Already Supporting the Company by Providing Services That Bring Cost-Savings and Business Optimization Suite of Services Offered to External SaaS Customers and Other Partners Looking to Reduce Overhead and Streamline Expenses LOS ANGELES , May 23, 2024 /PRNewswire/ -- Cineverse (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today announced the expansion of its India-based Cineverse Services operation, which is now providing services to customers in the U.S. seeking to reduce overhead and streamline expenses by optimizing its back-end operations across a suite of offerings. Now approaching 40 team members, with plans to scale to 50 by the fall, Cineverse Services is available as an add-on to Matchpoint for existing SaaS customers, as well as other partners, creating a new revenue stream for the company.
- 05/23/2024
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Cineverse Podcast Network Surges to 9.6 Million Unique Listeners and 12.7 Million Downloads in April 2024
- Fueled by Hit Entertainment, Horror, and True Crime Shows, Network Ranks #8 in North America for Listeners and #17 for Downloads & Streams Exciting New Shows and Expanded Ad Sales Team Poised to Drive Further Growth LOS ANGELES , May 9, 2024 /PRNewswire/ -- Cineverse Podcast Network, the audio powerhouse behind some of the most captivating entertainment, horror, and true crime podcasts, has achieved a new milestone, attracting 9.6 million unique listeners and generating 12.7 million downloads and streams in April 2024. This impressive growth has propelled the network to the #8 spot in North America for listeners, sandwiched between industry giants The New York Times and The Walt Disney Company, and #17 for downloads and streams.
- 05/09/2024
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BondIt Media Capital and Cineverse form Unique and Innovative Partnership to Finance Film Distribution
- Partnership to Be Used as a Model for Future Cineverse Film Projects LOS ANGELES and SANTA MONICA, Calif. , May 7, 2024 /PRNewswire/ -- BondIt Media Capital has closed a new co-financing partnership with Cineverse (NASDAQ: CNVS), an innovative streaming technology and entertainment company.
- 05/07/2024
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Cineverse Unveils Public Beta of AI-Powered Content Discovery Solution - cineSearch
- Introducing Ava, an "AI Video Advisor" Designed to Decrease Time Deciding What to Watch, Provide Fast, Personalized Viewing Recommendations and Enable Platforms to Increase Revenue and Reduce Churn LOS ANGELES , May 2, 2024 /PRNewswire/ -- Cineverse (NASDAQ: CNVS), an innovative streaming technology and entertainment company, has debuted cineSearch, a new content search and discovery (SAND) service. Available today in public Beta, which can be accessed at cineSearch.com , cineSearch promises to redefine how audiences interact with movies and TV shows.
- 05/02/2024
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Cineverse and Bloody Disgusting to Premiere Terrifier 3 in Theatres Across North America on October 11
- New, Earlier Release Date Ensures Fans Won't Have to Wait to See Art the Clown Murder Christmas Joy for the Residents of Miles County in the Highly Anticipated Threequel LOS ANGELES , May 1, 2024 /PRNewswire/ -- Cineverse (NASDAQ: CNVS), an innovative streaming technology and entertainment company, and Bloody Disgusting, its horror division, have today announced that the Terrifier 3 is now slated for an October 11 th premiere this year. This moves the release date up two weeks, giving fans even more time to get into the holiday spirit – and make sure their stomachs are fully settled in time for any year-end family gatherings and dinners.
- 05/01/2024
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DIRECTV Delivers More Choice with Seven New Channels from Cineverse and Scripps Networks
- Expansive licensing agreement with Cineverse includes The Bob Ross Channel, Comedy Dynamics, Dove Channel, and Dog Whisperer with Cesar Millan, while Scripps Networks' Court TV and Scripps News all join DIRECTV's rapidly expanding lineup today LOS ANGELES , April 23, 2024 /PRNewswire/ -- DIRECTV is adding seven new channels to its rapidly expanding streaming lineup through new licensing agreements with Cineverse Corp. (NASDAQ: CNVS) and Scripps Networks. The first of Cineverse's more than a dozen popular channels to join DIRECTV streaming homes are The Bob Ross Channel, Comedy Dynamics, Dog Whisperer with Cesar Millan, and Dove Channel (family programming).
- 04/23/2024
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Cineverse's AsianCrush and RetroCrush Launch on Xfinity and Xumo Streaming Devices
- The Popular Streaming Services Are Now Available to Millions More Households Across the US, Joining Other Cineverse Channels Including Docurama, Dove Channel, Midnight Pulp, Fandor, and Screambox LOS ANGELES , April 17, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), a global streaming technology and entertainment company with one of the world's largest portfolios of streaming channels and content libraries, today announced the launch of AsianCrush and RetroCrush on Comcast's Xfinity and Xumo streaming devices, expanding the reach of the streaming services to millions of new households across the US. AsianCrush which is dedicated to bringing viewers the best of pan-Asian entertainment, and RetroCrush, which offers classic anime titles, are both available as subscription video on demand (SVOD) add-ons for an additional monthly fee.
- 04/17/2024
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Cineverse Enlists Top AI Companies Vionlabs and Datatonic to Further Enhance Content Discovery Tool cineSearch
- Built in Collaboration With Google Cloud's Gen AI Technology, cineSearch Will Be the Most Advanced Search and Discovery Tool for Film and Television Content LOS ANGELES , April 10, 2024 /PRNewswire/ -- Cineverse (NASDAQ: CNVS), a global streaming technology and entertainment company, has selected Vionlabs and Datatonic as key technology partners for the company's new generative AI search and discovery tool, cineSearch. Through these strategic partnerships and developed using Google Cloud's Vertex AI platform, cineSearch promises to redefine how audiences interact with movies through Ava – new personalized AI video adviser designed to make deciding what to watch as entertaining as the entertainment itself.
- 04/10/2024
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Cineverse and Bloody Disgusting Partner with Iconic Events Releasing for Terrifier 3 Q4 2024 Theatrical Release
- Distribution Deal follows Successful Theatrical Run for 2022 Sensation Terrifier 2, which Grossed more than $15 Million at the Global Box Office LOS ANGELES , April 9, 2024 /PRNewswire/ -- Cineverse (NASDAQ: CNVS ), an innovative streaming technology and entertainment company, and Bloody Disgusting, its horror division, have today announced that it has chosen Iconic Events Releasing as the theatrical distribution partner for Terrifier 3 from filmmakers Damien Leone and Phil Falcone. The announcement was made at CinemaCon, taking place this week in Las Vegas, and as the film wraps production in New Jersey, ahead of a Q4 2024 release in theaters nationwide.
- 04/09/2024
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Cineverse Teams Up With Gracenote to Vastly Expand Search Capabilities for cineSearch - the Conversational AI-Powered Discovery Tool for Film and Television Content
- Gracenote Entertainment Metadata Helps cineSearch's Ava Chatbot Solve Significant Consumer Problem of Figuring out What to Watch LOS ANGELES , April 8, 2024 /PRNewswire/ -- Cineverse (NASDAQ:CNVS), an innovative streaming technology and entertainment company, continues to form strategic relationships that will help solve the industry's content search and discovery issues. The company has today announced a deal with Gracenote, a Nielsen company, to integrate industry-leading metadata for millions of films and television shows into cineSearch – Cineverse's AI-powered conversational entertainment search platform that is set to be unveiled this spring (visit cineSearch.com to join the waitlist).
- 04/08/2024
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