McGurk

Cineverse Reports Third Quarter Fiscal Year 2024 Results

Retrieved on: 
Wednesday, February 14, 2024

LOS ANGELES, Feb. 14, 2024 /PRNewswire/ -- Cineverse Corp. ("Cineverse" or the "Company") (NASDAQ: CNVS), a global streaming technology and entertainment company, today announced its financial results for the fiscal third quarter ended December 31, 2023 ("Q3 FY 2024"). 

Key Points: 
  • Selling, General, and Administrative Expenses Decreased By $2.7 Million, or 30%
    LOS ANGELES, Feb. 14, 2024 /PRNewswire/ -- Cineverse Corp. ("Cineverse" or the "Company") (NASDAQ: CNVS), a global streaming technology and entertainment company, today announced its financial results for the fiscal third quarter ended December 31, 2023 ("Q3 FY 2024").
  • Q3 FY 2024 Highlights (all comparisons are to the prior year fiscal quarter ended December 31, 2022):
    Similar to the reported results for last quarter, the Company's initiatives to reduce operating costs, optimize our streaming channel portfolio and increase margins continued to have a very positive impact on our financial results.
  • In FY 2024, the Company launched Cineverse Services India ("Cineverse Services"), a new business unit that expands upon the Company's successful India operations to consolidate Cineverse's support operations at vastly reduced costs.
  • ET (Wednesday, February 14, 2024), during which management will discuss the results of the fiscal third quarter ended December 31, 2023.

Cineverse Reports Second Quarter Fiscal Year 2024 Results

Retrieved on: 
Tuesday, November 14, 2023

LOS ANGELES, Nov. 14, 2023 /PRNewswire/ -- Cineverse Corp. ("Cineverse" or the "Company") (NASDAQ: CNVS), a global streaming technology and entertainment company, today announced its financial results for the fiscal second quarter ended September 30, 2023 ("Q2 FY 2024"). 

Key Points: 
  • Operating Expenses Decreased by $6.3 Million, or 34%
    Adjusted EBITDA Increased by $3.7 Million, or 283%, to $2.4 Million
    LOS ANGELES, Nov. 14, 2023 /PRNewswire/ -- Cineverse Corp. ("Cineverse" or the "Company") (NASDAQ: CNVS), a global streaming technology and entertainment company, today announced its financial results for the fiscal second quarter ended September 30, 2023 ("Q2 FY 2024").
  • Q2 FY 2024 Highlights (all comparisons are to the prior year fiscal quarter ended September 30, 2022):
    During the Quarter, the Company's initiatives to reduce operating costs, optimize our streaming channel portfolio and increase margins had a very positive impact on our financial results.
  • Last quarter, the Company launched Cineverse Services India ("Cineverse Services"), a new business unit that expands upon the Company's successful India operations to consolidate Cineverse's support operations at vastly reduced costs.
  • ET today (Tuesday, November 14, 2023), during which management will discuss the results of the fiscal second quarter ended September 30, 2023.

Cineverse Announces Launch of Cineverse Services India

Retrieved on: 
Tuesday, July 11, 2023

LOS ANGELES, July 11, 2023 /PRNewswire/ -- Cineverse Corp. ("Cineverse" or the "Company") (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 Cineverse Services India ("CSI"), a new business unit set up to facilitate Cineverse's Business Process Outsourcing (BPO) strategy, which is central to cost-cutting efforts in the current fiscal year.

Key Points: 
  • LOS ANGELES, July 11, 2023 /PRNewswire/ -- Cineverse Corp. ("Cineverse" or the "Company") (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 Cineverse Services India ("CSI"), a new business unit set up to facilitate Cineverse's Business Process Outsourcing (BPO) strategy, which is central to cost-cutting efforts in the current fiscal year.
  • He will work closely with Cineverse management to ensure a rapid, smooth scaling of CSI and will oversee the hiring, training and day-to-day management of the CSI team.
  • Chris McGurk, Chairman & CEO of Cineverse, stated "Over the last two years, we have demonstrated that our Indian operations provide a significant and unique strategic advantage in the market.
  • We have built world-class technology with a talented, dedicated team of more than 60 technologists at Cineverse India.

Cinedigm Rebrands to Cineverse

Retrieved on: 
Monday, May 22, 2023

LOS ANGELES, May 22, 2023 /PRNewswire/ -- Cinedigm Corp. (NASDAQ: CIDM) today announced it is rebranding to Cineverse, a global streaming technology and entertainment company with one of the world's largest portfolios of owned and operated streaming channels.

Key Points: 
  • LOS ANGELES, May 22, 2023 /PRNewswire/ -- Cinedigm Corp. (NASDAQ: CIDM) today announced it is rebranding to Cineverse, a global streaming technology and entertainment company with one of the world's largest portfolios of owned and operated streaming channels.
  • Chris McGurk, Chairman and CEO of Cineverse, stated, "We have come a very long way from the Cinedigm of 10 years ago, which specialized in digital innovation within the cinema industry.
  • Today we officially turn the page to become Cineverse, a pure-play business in the exciting and dynamic streaming content and technology space.
  • Erick Opeka, Chief Strategy Officer and President of Cineverse, added, "We are thrilled to adopt the Cineverse name, and based on the strategic importance of our flagship streaming service to the Company, it made sense to consolidate our overall corporate identity under one brand.

Bunge Announces Changes to Board of Directors

Retrieved on: 
Wednesday, March 29, 2023

The Board intends to appoint Mark Zenuk, director, as non-executive chairperson, subject to his re-election to the Board at the AGM.

Key Points: 
  • The Board intends to appoint Mark Zenuk, director, as non-executive chairperson, subject to his re-election to the Board at the AGM.
  • In addition, Bunge announced the Board intends to nominate Monica McGurk and David Fransen to the Company’s slate of director nominees during its 2023 AGM.
  • We have approved a number of key transactions, improved stakeholder engagement and increased the diversity of the Board.
  • We are also pleased to nominate Monica and David as directors and look forward to adding their expertise and perspectives to Bunge’s Board.

OneSignal Raises $50 Million in Series C Funding to Accelerate Global Expansion of Customer Messaging and Engagement Platform

Retrieved on: 
Thursday, September 1, 2022

SAN MATEO, Calif., Sept. 1, 2022 /PRNewswire/ -- OneSignal, the world's leading customer engagement platform, today secured $50M in Series C funding to advance its unified messaging and orchestration capabilities, enhance its mobile data-driven email product, and deepen its geographic footprint in Europe, Asia, and Latin America. The funding brings OneSignal's total investment since founding to more than $80 million, led by BAM Elevate, an investment division of Balyasny Asset Management with participation from Nimble Partners and existing investors SignalFire and Zach Coelius. They will join OneSignal's other existing investors, including Rakuten Ventures, Yes.vc, HubSpot, and Y Combinator.

Key Points: 
  • We're excited to have BAM Elevate's backing to help us accelerate our mission to democratize customer engagement for millions of businesses worldwide."
  • In particular, OneSignal recently released Journeys, a workflow automation tool that allows businesses to customize their customer journeys to automate personalized messaging at scale.
  • OneSignal's team focused on building a customer engagement platform after experiencing the pain of building an in-house messaging system to stay connected with players.
  • OneSignal is the market-leading customer engagement solution, powering customer journeys across mobile and web push notifications, in-app messaging, SMS, and email.

Pivot Bio Appoints Susan Kim and Monica McGurk as Independent Directors

Retrieved on: 
Tuesday, April 12, 2022

Berkeley, CA, April 12, 2022 (GLOBE NEWSWIRE) -- Pivot Bio , the nitrogen innovator delivering sustainable, self-fertilizing grain crops, announced today that Susan Kim , Chief Financial Officer for PacBio and Monica McGurk , former Chief Growth Officer of Kellogg, have been appointed to the companys board of directors .

Key Points: 
  • Berkeley, CA, April 12, 2022 (GLOBE NEWSWIRE) -- Pivot Bio , the nitrogen innovator delivering sustainable, self-fertilizing grain crops, announced today that Susan Kim , Chief Financial Officer for PacBio and Monica McGurk , former Chief Growth Officer of Kellogg, have been appointed to the companys board of directors .
  • Monica and Susan bring tremendous expertise and expand the range of strategic voices in our boardroom, said Karsten Temme , Pivot Bio co-founder and CEO.
  • Pivot Bio has developed an elegant solution to solve the problems associated with synthetic nitrogen fertilizer.
  • McGurk and Kim join the Pivot Bio board at a time of explosive growth for the company.

Cinedigm Executive Erick Opeka, President of Digital Networks, to Participate in a Panel During Streaming Media West Connect 2020

Retrieved on: 
Thursday, October 1, 2020

Opeka will participate in the following event on Thursday, October 1 from 10 am to 11 am PT.

Key Points: 
  • Opeka will participate in the following event on Thursday, October 1 from 10 am to 11 am PT.
  • TOPIC: Today's streaming channel menus are riddled with former independents recently acquired by major studios.
  • "Erick continues to be key thought leader regarding the future of the global streaming business, said Chris McGurk, Chairman and CEO, Cinedigm.
  • Today, Cinedigm continues that mission by providing content, channels and services to the worlds largest media, technology and retail companies.

National Security Experts Sue Gordon and Brett McGurk Join Forces with Primer AI

Retrieved on: 
Tuesday, April 28, 2020

SAN FRANCISCO, April 28, 2020 /PRNewswire/ --Primer AI, a machine learning company in San Francisco, announced today the addition of Susan "Sue" M. Gordon as a strategic advisor to the Board and Brett McGurk as an independent Board Director.

Key Points: 
  • SAN FRANCISCO, April 28, 2020 /PRNewswire/ --Primer AI, a machine learning company in San Francisco, announced today the addition of Susan "Sue" M. Gordon as a strategic advisor to the Board and Brett McGurk as an independent Board Director.
  • From 2015 to 2017, she served as Deputy Director of the National Geospatial-Intelligence Agency (NGA), where she managed the National System of Geospatial Intelligence and drove NGA's technological transformation.
  • "Primer is one of the only technology companies I've encountered that has the potential to make a strategic impact across the national security space," said Sue Gordon.
  • "Sue and Brett bring an invaluable perspective on the urgent technology needs for the National Security community in the U.S. and abroad," said Primer CEO and Founder Sean Gourley.

Keppler Speakers Becomes Exclusive Speaker Representative for Brett McGurk, Geopolitical Expert and Accomplished Diplomat

Retrieved on: 
Tuesday, November 5, 2019

Keppler Speakers, one of the nations largest privately held speaker agencies, is now exclusively representing Brett McGurk for speaking engagements in the U.S. and abroad.

Key Points: 
  • Keppler Speakers, one of the nations largest privately held speaker agencies, is now exclusively representing Brett McGurk for speaking engagements in the U.S. and abroad.
  • View the full release here: https://www.businesswire.com/news/home/20191105005238/en/
    Brett McGurk, national security advisor to Presidents Bush, Obama and Trump, exclusively represented for speaking by Keppler Speakers.
  • Brett McGurk paints a vivid picture of todays geopolitical climate drawn from his firsthand experience as a national security expert.
  • Were honored to be representing Brett McGurk, said Keppler Speakers CEO Warren Jones.