NASDAQ:CNVS

Alliance Entertainment’s Distribution Solutions Extends Partnership with Cineverse 

Retrieved on: 
Tuesday, May 21, 2024

PLANTATION, Fla. and LOS ANGELES, May 21, 2024 (GLOBE NEWSWIRE) -- Distribution Solutions, a division of Alliance Entertainment (NASDAQ: AENT), today announced the extension of its current partnership with Cineverse Corp (NASDAQ: CNVS), an innovative streaming technology and entertainment company.

Key Points: 
  • PLANTATION, Fla. and LOS ANGELES, May 21, 2024 (GLOBE NEWSWIRE) -- Distribution Solutions, a division of Alliance Entertainment (NASDAQ: AENT), today announced the extension of its current partnership with Cineverse Corp (NASDAQ: CNVS), an innovative streaming technology and entertainment company.
  • Distribution Solutions has successfully released over 200 SKUs for the home entertainment division of Cineverse to date.
  • “We are excited to continue our four-year partnership with Cineverse, bringing their high-quality films to engaged fans and collectors of physical media,” said Ben Means, President at Distribution Solutions.
  • “We are thrilled to continue our successful partnership with Distribution Solutions.”

Cineverse Podcast Network Surges to 9.6 Million Unique Listeners and 12.7 Million Downloads in April 2024

Retrieved on: 
Thursday, May 9, 2024

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.

Key Points: 
  • 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.
  • The network's success can be attributed to its ever-expanding slate of gripping content, including top series like The Dead, Murder in America, and Creepy.
  • Given the sizable upside to monetization, our podcast network has emerged as the next key high-growth revenue stream for the company."
  • Based on data from Spotify's Megaphone platform & internal company data on additional streams from April 1 - 30, 2024.

BondIt Media Capital and Cineverse form Unique and Innovative Partnership to Finance Film Distribution

Retrieved on: 
Tuesday, May 7, 2024

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.  Through this deal, BondIt will provide financing to be used for North American production, acquisition, and/or distribution of film projects. 

Key Points: 
  • 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.
  • Through this deal, BondIt will provide financing to be used for North American production, acquisition, and/or distribution of film projects.
  • "We're thrilled to be working with Chris, Gary, Yolanda and the full Cineverse team," said Matthew Helderman, BondIt Media Capital's CEO and Co-Founder.
  • In addition, the company also racked up 2 Emmy wins for the BondIt financed and executive-produced film Street Gang: How We Got to Sesame Street for HBO.

Cineverse Unveils Public Beta of AI-Powered Content Discovery Solution - cineSearch

Retrieved on: 
Thursday, May 2, 2024

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. Viewers chat with Ava – an AI video adviser with the personality of your favorite film and TV aficionados – who gives personalized recommendations to make deciding what to watch fast, simple and entertaining.

Key Points: 
  • Available today in public Beta, which can be accessed at cineSearch.com , cineSearch promises to redefine how audiences interact with movies and TV shows.
  • Cineverse projections show cineSearch has the potential to lower churn by 16% leading to 24% cost savings.
  • In February, Cineverse announced the groundbreaking plans to develop cineSearch (initial announcement: Cineverse Partners with Google Cloud to Launch a Conversational AI-Powered Search & Discovery Tool for Film and Television Content ).
  • By teaming with these best-in-class companies, cineSearch has a comprehensive contextual understanding of filmed content (based on colors, emotions, mood, environments etc.)

Cineverse and Bloody Disgusting to Premiere Terrifier 3 in Theatres Across North America on October 11

Retrieved on: 
Wednesday, May 1, 2024

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 11th 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.

Key Points: 
  • "We're so excited to bring the next Terrifier to theaters this fall just in time for the Halloween season," said franchise producer Phil Falcone.
  • "Terrifier 3 will deliver everything the fans expect and more with Art the Clown taking things to the next level.
  • Terrifier 3, which recently wrapped production in New York , follows 2022's instant cult slasher sensation, Terrifier 2.
  • Following the theatrical run, Cineverse plans to release the film across all platforms, including its SCREAMBOX horror streaming service.

DIRECTV Delivers More Choice with Seven New Channels from Cineverse and Scripps Networks

Retrieved on: 
Tuesday, April 23, 2024

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.

Key Points: 
  • 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).
  • After that, DIRECTV and Cineverse will identify other popular networks from within the Cineverse portfolio to potentially add to DIRECTV's lineup in subsequent months.
  • Additionally, through a separate deal with Scripps Networks, Court TV and Scripps News are also immediately available to DIRECTV customers' streaming entertainment.
  • "With DIRECTV, our channels continue to expand their reach across platforms, increasing our ability to connect with existing fandoms and new audiences for our premium content across every popular genre," said Cineverse EVP Partnerships Marc Rashba.

Cineverse's AsianCrush and RetroCrush Launch on Xfinity and Xumo Streaming Devices

Retrieved on: 
Wednesday, April 17, 2024

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.

Key Points: 
  • With today's launch, AsianCrush and RetroCrush are now available on Xfinity X1, Xfinity Flex, Xumo Stream Box and Xumo TV.
  • Customers can quickly find and subscribe to these services by saying "AsianCrush" or "RetroCrush" into their voice remote or by finding them within each device's apps menu.
  • "And in that spirit, we're so excited to offer AsianCrush and RetroCrush to a new enthusiast audience on Xfinity."
  • Powered by Cineverse's Matchpoint platform, AsianCrush and RetroCrush continue to grow in viewership and popularity since they were added to Cineverse's portfolio of streaming brands as part of the DMR acquisition in 2022.

Cineverse Enlists Top AI Companies Vionlabs and Datatonic to Further Enhance Content Discovery Tool cineSearch

Retrieved on: 
Wednesday, April 10, 2024

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.

Key Points: 
  • Vionlabs, renowned for its expertise in cognitive AI, will provide detailed title and scene-specific metadata, providing cineSearch with a comprehensive contextual understanding of filmed content.
  • By leveraging cutting-edge AI technology, Vionlabs generates subjective and unique metadata based on colors, emotions, mood, environments etc, enabling personalization systems to identify new patterns in user behavior.
  • "We're excited to join forces with Cineverse to usher in a new era of personalized entertainment," said Marcus Bergström, CEO of Vionlabs.
  • "Our advanced AI capabilities will empower cineSearch and its users to discover content that resonates with them on a deeper level, enriching their movie-watching experience like never before."

Cineverse and Bloody Disgusting Partner with Iconic Events Releasing for Terrifier 3 Q4 2024 Theatrical Release

Retrieved on: 
Tuesday, April 9, 2024

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.

Key Points: 
  • "Iconic absolutely crushed it for us with Terrifier 2," said Cineverse VP Business Development and Managing Director of Bloody Disgusting, Brad Miska.
  • "Iconic Events is thrilled to be able to continue our partnership with Cineverse and showcase the next Terrifier film in the only way it's meant to be seen…on the big screen," said Steve Menkin, President & Co-Founder of Iconic Events Releasing.
  • Terrifier 3 was named by USA Today as one of the Top 10 most anticipated Horror films of 2024.
  • Following the theatrical run, Cineverse plans to release the film across all platforms, including its SCREAMBOX horror streaming service.

Cineverse Teams Up With Gracenote to Vastly Expand Search Capabilities for cineSearch - the Conversational AI-Powered Discovery Tool for Film and Television Content

Retrieved on: 
Monday, April 8, 2024

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). 

Key Points: 
  • An innovative AI-powered platform, cineSearch's goal is to revolutionize the search and discovery experience to answer audiences' most pressing question: "What do you want to watch?"
  • cineSearch will now leverage Gracenote's comprehensive TV and movie datasets to expand its knowledge graph and deliver more personalized search results as well as provide up-to-date title availability and deep-links to content.
  • As previously announced, the cineSearch service was developed by Cineverse using Google Cloud's Vertex AI Search.
  • Because Gracenote's metadata catalog covers content in a wide number of foreign languages cineSearch has a clear path to international expansion and availability across multiple territories.