Cineverse (CNVS)

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Cineverse (CNVS) - 2025 Q4 - Annual Report
2025-06-30 21:27
Company Overview - Cineverse has over 71,000 film and TV assets and has reached over 82 million streaming viewers, with more than 1.4 million SVOD subscribers[18]. - The company aims to grow its viewership significantly beyond the current base of 82 million monthly viewers to potentially hundreds of millions across billions of connected devices[20]. - Cineverse has transformed from a digital cinema equipment distributor to a leading independent streaming company[210]. - The company played a pioneering role in transitioning movie screens from traditional analog film prints to digital distribution[210]. Technology and Operations - Cineverse's proprietary technology platform, Matchpoint™, enables the company to automate content distribution and features a robust data analytics platform[16]. - The company operates a proprietary technology platform, Matchpoint™, which supports various streaming capabilities and data analytics[113]. - The company collaborates with major brands and content creators, distributing products through platforms like Netflix, Hulu, and Amazon Prime[17]. - Cineverse's strategic partnerships with connected streaming TV companies aim to expand its device and platform reach[20]. - The company has established a comprehensive cybersecurity program integrated into its risk management and internal control systems[91]. Financial Performance - For the fiscal year ended March 31, 2025, total revenue increased by $29.1 million to $78.2 million, with streaming and digital revenue growing by 19% to $44.4 million[145]. - For the fiscal year ended March 31, 2025, the company reported a net income attributable to common stockholders of $3.2 million, while maintaining an accumulated deficit of $500.9 million[115]. - The company generated $17.4 million of net positive cash flows from operations for the year ended March 31, 2025, with cash and cash equivalents of $13.9 million and total equity of $37.8 million[47]. - The company reported a net cash provided by operating activities of $17,411,000, compared to a cash used of $10,592,000 in 2024[201]. - The company achieved a net income attributable to common shareholders of $3.2 million for the year ended March 31, 2025[211]. Challenges and Risks - Cineverse recorded a goodwill impairment charge of $14 million in the prior fiscal year, indicating potential future risks related to asset valuation[33]. - Future operations may be impacted by the inability to generate sufficient cash flow, which is subject to various uncontrollable factors[44]. - The commercial success of media content is unpredictable, and the company faces risks related to audience reactions and competition[52]. - Changes in economic conditions could adversely affect demand for the company's products and services, impacting financial performance[56]. - The company is vulnerable to cybersecurity risks, which could lead to service disruptions and negatively impact user experience[59]. - The company's reliance on Amazon Web Services (AWS) for computing infrastructure poses a risk, as any disruption could adversely affect operations[64]. Capital Structure and Funding - The company has incurred long-term losses and primarily financed operations through equity investments and borrowings, indicating a reliance on external funding[47]. - The company may need to adopt alternative strategies, including reducing capital expenditures and seeking additional funding, if unable to service its indebtedness[50]. - The company has a Line of Credit Facility with East West Bank providing for a $12.5 million facility, expandable to $15.0 million, with an interest rate of 8.75% as of March 31, 2025[116]. - The company has a history of generating net losses and may continue to do so in the foreseeable future[211]. Stock and Shareholder Information - The company has no current intention of paying dividends on its Common Stock, which may limit returns for investors[81]. - The company approved a share repurchase program in March 2023, renewed in February 2024 and 2025, contingent on favorable market conditions[83]. - The company has 2.7 million shares of Common Stock that may be diluted due to outstanding warrants[69]. - The liquidity of the company's Common Stock is uncertain, with limited trading volume potentially leading to significant price fluctuations[67]. Operational Metrics - The company has positive working capital of $3.6 million as of March 31, 2025, indicating a current assets surplus over current liabilities[47]. - The company has experienced periodic service interruptions and lacks live fail-over capability to switch to another cloud provider, which could impair service delivery[65]. - The company incurred a Goodwill impairment of $14.0 million for the year ended March 31, 2024, due to a decline in share price[80]. - The company's share price was $8.40 on March 31, 2023, declined to $1.39 by March 31, 2024, and partially recovered to $3.16 by March 31, 2025[79].
Cineverse Corp. (CNVS) Q4 2025 Earnings Conference Call Transcript
Seeking Alpha· 2025-06-27 19:46
Core Viewpoint - Cineverse Corp. reported its financial results for the fourth quarter and fiscal year 2025, highlighting key performance metrics and future expectations [3]. Group 1: Financial Results - The press release detailing Cineverse's results for the fiscal fourth quarter and year ended March 31, 2025, is available on the company's website [3]. - The conference call was held to discuss the financial outcomes and strategic direction of the company [2]. Group 2: Management Commentary - Gary S. Loffredo, Chief Legal Officer, opened the call and emphasized the importance of the financial results being discussed [3]. - The management team, including Christopher J. McGurk (Chairman & CEO) and Erick Opeka (President & Chief Strategy Officer), participated in the call to provide insights into the company's performance [1].
Cineverse (CNVS) - 2025 Q4 - Earnings Call Transcript
2025-06-27 14:02
Financial Data and Key Metrics Changes - In Q4 FY2025, the company generated total revenue of $15.6 million, a 58% increase from the prior year [8][22] - Net income for the quarter was $858,000, a $15.5 million increase year-over-year [8] - Adjusted EBITDA was $4 million, reflecting a 158% increase compared to the prior year quarter [8] - For the full fiscal year, total revenues increased by 59% to $78.2 million, with net income of $3.8 million and adjusted EBITDA of $13.9 million, a 216% increase over the previous year [9][24] Business Line Data and Key Metrics Changes - The streaming, digital, and podcast revenues were significant contributors to growth, particularly driven by the success of "Terrifier 3" [9] - The company has reorganized its technology business into a separate group to enhance focus and growth [10] - Podcast revenues increased by 57% over the prior year due to a diverse content slate and increased advertiser demand [27] Market Data and Key Metrics Changes - ScreenBlock's subscribers grew by 31% since the home premiere of "Terrifier 3" [26] - The company reported over 3.2 billion minutes streamed across its services, a 45% increase year-over-year [29] - The total subscriber count across the portfolio reached approximately 1.42 million, with a 4% year-over-year increase [29] Company Strategy and Development Direction - The company aims to build a high-growth, high-profit theatrical releasing business by following successful strategies used for "Terrifier" films [9] - A focus on expanding into family films, fantasy, and comedy genres is planned, alongside the current horror focus [53] - The technology division is set to leverage AI and proprietary technology to enhance operational efficiency and market positioning [39][50] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining or exceeding operating margin targets of 45% to 50% in future quarters [55] - The company is optimistic about the potential for significant revenue from its technology products, particularly MatchPoint [46] - Management highlighted the importance of adapting to the changing advertising environment and focusing on direct sales strategies [31] Other Important Information - The company has a working capital surplus of $3.6 million as of March 31, 2025, reflecting an improving financial position [23] - The upcoming film releases include "The Toxic Avenger," "Silent Night, Deadly Night," and "Return to Silent Hill," all with low investment thresholds [12][14] Q&A Session Summary Question: Future film releases and licensing opportunities - Management indicated plans to expand the film slate and engage in discussions regarding pay deals as more films are added [53] Question: Profitability and operating margins - Management confirmed confidence in maintaining strong operating margins, especially with successful film releases [55] Question: Pipeline opportunities for MatchPoint - The focus has shifted to larger media companies, with potential deal sizes starting at mid-seven figures [61][62] Question: Podcast monetization strategies - The company is seeing higher CPMs for podcasts compared to CTV, with a focus on larger brand advertisers [70]
Cineverse (CNVS) - 2025 Q4 - Earnings Call Transcript
2025-06-27 14:00
Financial Data and Key Metrics Changes - In Q4 2025, the company generated total revenue of $15.6 million, a 58% increase from the prior year [8][22] - Net income for the quarter was $858,000, a $15.5 million increase from the prior year [8][22] - Adjusted EBITDA was $4 million, reflecting a 158% increase over the prior year quarter [8][22] - For the full fiscal year 2025, total revenues increased by 59% to $78.2 million, with net income of $3.8 million and adjusted EBITDA of $13.9 million, a 216% increase over the previous year [9][24] Business Line Data and Key Metrics Changes - The growth was driven by all key lines of business, particularly streaming, digital, and podcast revenues [9] - The streaming business saw a 31% increase in subscribers following the success of "Terrifier 3" [27] - Podcast revenues increased by 57% over the prior year due to a more diverse content slate and increased advertiser demand [28] Market Data and Key Metrics Changes - The company reported a direct operating margin of 55% for Q4, exceeding the target of 45% to 50% [22] - SG&A expenses decreased to $5.4 million, representing 35% of revenues, a significant improvement from 69% in the prior year [23] Company Strategy and Development Direction - The company aims to build a high growth, high profit, low risk theatrical releasing business by following successful acquisition and marketing strategies [10] - A reorganization was implemented to focus on the streaming, content management, and AI technology, establishing a separate technology business group [11] - The company plans to expand its film slate to include genres beyond horror, such as family films and fantasy [55] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining or exceeding the operating margin target of 45% to 50% going forward [57] - The company is optimistic about the future, with plans to leverage its unique assets and successful film releases to drive growth [10][39] Other Important Information - The company has a working capital surplus of $3.6 million as of March 31, 2025, reflecting an improving financial position [23] - The company is exploring licensing opportunities for AI training and expects traction in that area later this year [39] Q&A Session Summary Question: Plans for future film releases and licensing opportunities - Management indicated that more films will be announced soon, expanding from horror to family and fantasy genres [55] Question: Profitability and operating margins - Management confirmed a solid operating margin of 55% and expressed confidence in meeting future margin targets [57] Question: Pipeline opportunities for technology products - The focus has shifted to larger media companies, with potential deal sizes starting at mid-seven figures [62][66] Question: Podcast monetization strategy - The company is seeing higher CPMs for podcasts compared to CTV, with average deal sizes in the low six figures [71]
Cineverse (CNVS) - 2025 Q4 - Annual Results
2025-06-27 13:30
Financial and Operational Highlights [Fourth Quarter and Fiscal Year 2025 Performance Summary](index=1&type=section&id=Fourth%20Quarter%20and%20Fiscal%20Year%202025%20Performance%20Summary) Cineverse reported substantial Q4 and FY2025 growth in revenue, net income, and Adjusted EBITDA, driven by the success of "Terrifier 3" Q4 FY2025 Key Financial Metrics vs. Prior Year Quarter | Metric | Q4 FY2025 | Change vs. Q4 FY2024 | Percentage Change | | :--- | :--- | :--- | :--- | | Total Revenue | $15.6 Million | +$5.7 Million | +58% | | Net Income | $0.9 Million | +$15.5 Million | N/A (Turnaround from loss) | | Adjusted EBITDA | $4.0 Million | +$2.4 Million | +158% | - The strong financial performance is attributed to growth across all key business lines and the significant ancillary revenue contribution from the breakout horror film **"Terrifier 3,"** the biggest unrated film release of all time[2](index=2&type=chunk) - The company is building a slate of wide-release films to replicate the success of "Terrifier 3," including **"The Toxic Avenger," "Silent Night, Deadly Night," "Return to Silent Hill," and "Wolf Creek: Legacy"**[3](index=3&type=chunk) - Cineverse is in a strong financial position with **nearly $14 million in cash-on-hand** and a **zero draw on its $12.5 million line of credit** as of quarter-end[4](index=4&type=chunk) [Fiscal Year 2025 Financial Highlights](index=2&type=section&id=FY%202025%20Financial%20Highlights) For FY2025, consolidated revenue rose 59% to $78.2 million, turning a prior year net loss into a $3.2 million net income Fiscal Year 2025 vs. 2024 Financial Performance | Metric | FY 2025 | FY 2024 | Change | | :--- | :--- | :--- | :--- | | Consolidated Revenue | $78.2 million | $49.1 million | +59% | | Net Income (to common stockholders) | $3.2 million | $(21.8) million | +$25.0 million | | Diluted EPS | $0.16 | $(1.78) | +$1.94 | | Adjusted EBITDA | $13.9 million | $4.4 million | +216% | - The direct operating margin for the year was **50%**, which is **within the company's stated target range of 45% to 50%**[7](index=7&type=chunk) - SG&A expenses **decreased as a percentage of revenue from 57% in FY 2024 to 35% in FY 2025**, reflecting successful cost-saving initiatives[7](index=7&type=chunk) [Fourth Quarter 2025 Financial Highlights](index=2&type=section&id=Q4%20FY%202025%20Highlights) Q4 FY2025 revenue grew 58% to $15.6 million, achieving a net income of $0.8 million versus a prior-year $14.8 million loss Q4 FY2025 vs. Q4 FY2024 Financial Performance | Metric | Q4 FY 2025 | Q4 FY 2024 | Change | | :--- | :--- | :--- | :--- | | Total Revenue | $15.6 million | $9.9 million | +58% | | Net Income (to common stockholders) | $0.8 million | $(14.8) million | +$15.6 million | | Diluted EPS | $0.04 | $(1.10) | +$1.14 | | Adjusted EBITDA | $4.0 million | $1.6 million | +150% | - The direct operating margin for the quarter was **55%**, **exceeding the company's stated target of 45% to 50%**[9](index=9&type=chunk) - SG&A expenses **decreased by $1.4 million (21%)** year-over-year, and as a percentage of revenue, **dropped from 69% to 35%**[9](index=9&type=chunk) [Financial Condition and Key Business Drivers](index=2&type=section&id=Financial%20Condition%20and%20Key%20Business%20Drivers) The company's strong financial condition is supported by $13.9 million in cash, an undrawn credit line, and key growth from "Terrifier 3" - "Terrifier 3" grossed **over $54.0 million at the domestic box office** and **more than $8.5 million in ancillaries**, achieved with a minimal paid media budget[12](index=12&type=chunk) Revenue Stream Growth (FY2025 vs. FY2024) | Revenue Stream | FY2025 Revenue | YoY Growth | | :--- | :--- | :--- | | Streaming and Digital | $44.4 million | +19% | | Podcast and Other | N/A | +86% | - As of March 31, 2025, the company had **$13.9 million in cash** and **$12.5 million in unused capacity** under its line of credit, which was subsequently expanded and extended[13](index=13&type=chunk) - The company's digital content library of over 71,000 titles was **valued at approximately $40 million** as of March 31, 2024, **significantly above its $2.5 million book value** as of March 31, 2025[16](index=16&type=chunk) [Operational Developments](index=3&type=section&id=Operational%20Developments) Cineverse expanded its film slate, technology offerings, and content partnerships during and after the quarter [During the Quarter](index=3&type=section&id=Operational%20Developments%20During%20the%20Quarter) Key quarterly activities included the "Terrifier 3" premiere, a "Highlander" franchise deal, and new ad-tech partnerships - **Content Premieres & Deals:** "Terrifier 3" premiered on Screambox, a "Highlander" franchise digital rights deal was signed, and a novelization of "Terrifier 3" was announced[16](index=16&type=chunk) - **Partnerships & Growth:** Partnered with The Stand Group to launch the WITZ podcast network, The Trade Desk to optimize ad inventory, and SymphonyAI to accelerate AI capabilities[16](index=16&type=chunk) - **Viewership Growth:** SVOD subscriber base **grew by 17%** after the Amazon Channels launch, Screambox saw a **23% increase in monthly active users**, and FAST/AVOD viewership **rose by 50%** in total minutes streamed[16](index=16&type=chunk) [Subsequent to Quarter-End](index=3&type=section&id=Operational%20Developments%20Subsequent%20to%20Quarter-End) Post-quarter, the company expanded its credit facility, acquired high-profile film rights, and launched its cineSearch tool - **Film Slate Expansion:** Acquired rights for "The Toxic Avenger," "Wolf Creek: Legacy," "Return to Silent Hill," and started production on a reboot of "Silent Night, Deadly Night"[16](index=16&type=chunk)[18](index=18&type=chunk) - **Corporate & Financial:** **Expanded the line of credit facility** with East West Bank to **$15 million** with a three-year term and formed an internal Motion Pictures Group and a Technology Group[15](index=15&type=chunk)[18](index=18&type=chunk) - **Technology & Network Growth:** **Commercially released cineSearch** on Google Cloud Marketplace, and the podcast network was rebranded as the Cineverse Podcast Network, **growing to 74+ series**[18](index=18&type=chunk) [Management Commentary](index=4&type=section&id=Management%20Commentary) Management detailed its strategy to replicate the "Terrifier 3" success, reorganize for growth, and become an AI-native studio - CEO Chris McGurk highlighted the strategy to **replicate the "Terrifier 3" release blueprint**—targeting films with built-in fan bases for strong upside and minimal financial risk[17](index=17&type=chunk) - The company **reorganized senior management to focus on two growth areas**: technology licensing and AI product development under a new CPO, and building a wide-release film slate under a new CMPO[17](index=17&type=chunk)[19](index=19&type=chunk) - President & CSO Erick Opeka stated the company is **evolving into a "platform-first" entity** and aims to become the **first "AI-native entertainment studio,"** using AI across the business[19](index=19&type=chunk) Financial Statements [Condensed Consolidated Balance Sheets](index=7&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) The balance sheet shows total assets of $72.5 million, total liabilities of $34.7 million, and a significant increase in cash to $13.9 million Key Balance Sheet Items (in thousands) | Item | As of March 31, 2025 | As of March 31, 2024 | | :--- | :--- | :--- | | Cash and cash equivalents | $13,941 | $5,167 | | Total Current Assets | $38,081 | $32,721 | | Total Assets | $72,516 | $64,378 | | Line of credit, net | $— | $6,301 | | Total Current Liabilities | $34,435 | $31,249 | | Total Liabilities | $34,724 | $32,228 | | Total equity | $37,792 | $32,151 | [Condensed Consolidated Statements of Operations](index=8&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) The company reported FY2025 revenues of $78.2 million and a net income of $3.8 million, a major turnaround from the prior year's loss Fiscal Year Ended March 31 (in thousands, except per share data) | Metric | 2025 | 2024 | | :--- | :--- | :--- | | Revenues | $78,181 | $49,131 | | Operating income (loss) | $7,924 | $(15,700) | | Net income (loss) | $3,764 | $(21,265) | | Diluted net income (loss) per share | $0.16 | $(1.78) | Three Months Ended March 31 (in thousands, except per share data) | Metric | 2025 | 2024 | | :--- | :--- | :--- | | Revenues | $15,575 | $9,863 | | Operating income (loss) | $2,127 | $(13,995) | | Net income (loss) | $858 | $(14,676) | | Diluted net income (loss) per share | $0.04 | $(1.10) | [Non-GAAP Financial Measures: Adjusted EBITDA](index=9&type=section&id=Non-GAAP%20Financial%20Measures%3A%20Adjusted%20EBITDA) Adjusted EBITDA, a key non-GAAP metric, rose to $13.9 million for FY2025 and $4.0 million for Q4, showing strong core performance - **Adjusted EBITDA** is defined as earnings before interest, taxes, depreciation, amortization, and other certain items, providing a useful metric for fundamental business performance[28](index=28&type=chunk)[29](index=29&type=chunk) Reconciliation of Net Income (Loss) to Adjusted EBITDA (in thousands) | Period | Net Income (Loss) | Adjusted EBITDA | | :--- | :--- | :--- | | **For the Fiscal Year Ended** | | | | March 31, 2025 | $3,764 | $13,917 | | March 31, 2024 | $(21,265) | $4,398 | | **For the Three Months Ended** | | | | March 31, 2025 | $858 | $4,002 | | March 31, 2024 | $(14,676) | $1,553 | Additional Information [Conference Call Information](index=6&type=section&id=Conference%20Call%20Information) A conference call to discuss financial results is scheduled for June 27, 2025, at 9:00 a.m. ET, with access details provided Conference Call Details | Item | Detail | | :--- | :--- | | Date | Friday, June 27, 2025 | | Time | 9:00 a.m. ET | | US Toll-Free | +1 833 470 1428 | | Access Code | 414024 | [About Cineverse](index=6&type=section&id=About%20Cineverse) Cineverse is a tech-driven entertainment studio distributing over 71,000 titles through its streaming channels and podcast network - Cineverse is a technology-driven entertainment studio that distributes a library of **over 71,000 premium films, series, and podcasts**[21](index=21&type=chunk) - Key properties include numerous streaming channels, a podcast network, and the horror brand **Bloody Disgusting**[21](index=21&type=chunk) [Safe Harbor Statement](index=6&type=section&id=Safe%20Harbor%20Statement) This section cautions that forward-looking statements are subject to risks and are not guarantees of future performance - The document contains **"forward-looking'' statements** as defined by the Private Securities Litigation Reform Act of 1995, which are subject to various risks and are not guarantees of future performance[22](index=22&type=chunk)
Cineverse Reports Fourth Quarter and Fiscal Year 2025 Results
Prnewswire· 2025-06-27 12:00
Core Insights - Cineverse Corp. reported significant financial growth in Q4 FY 2025, with total revenue of $15.6 million, a 58% increase compared to the prior year quarter, and net income of $0.9 million, a $15.5 million increase over the prior year quarter [1][2][11] - The success of the horror film "Terrifier 3" has been a major driver of revenue growth, contributing to both theatrical and ancillary revenues, and establishing itself as the biggest unrated film release of all time [2][3][16] Financial Performance - Full-year consolidated revenue for FY 2025 reached $78.2 million, up from $49.1 million in FY 2024, marking a 59% increase primarily due to "Terrifier 3" and growth in streaming, digital, and podcast businesses [5][7] - Adjusted EBITDA for FY 2025 increased to $13.9 million from $4.4 million in FY 2024, reflecting strong operational performance [7][29] - The company's direct operating margin for FY 2025 was 50%, consistent with its target range of 45% to 50% [6] Operational Developments - Cineverse has a strong financial position with nearly $14 million in cash and no outstanding debt, alongside a $12.5 million line of credit [4][15] - The company has announced a slate of upcoming film releases, including "The Toxic Avenger" and "Silent Night, Deadly Night," which are expected to generate additional revenue [3][16] - The podcast network has expanded significantly, now comprising over 74 series and achieving over 230 million lifetime downloads [18] Market Strategy - Cineverse's unique marketing approach, particularly for "Terrifier 3," has allowed it to achieve high box office results with minimal marketing expenditure, leveraging digital campaigns and owned channels [3][9] - The company is focusing on becoming an AI-native entertainment studio, with plans to integrate AI into various operational processes [16]
Cineverse's Fandor Brings the Heat this Summer with a Lineup of Hot New Titles Including Genre-Blending Time-Travel Adventure, Escape From The 21st Century
Prnewswire· 2025-06-25 13:30
Core Insights - Cineverse and Fandor have announced their Summer programming slate, featuring genre-blending films and festival selections [1][7] - The focus is on bold storytelling that elevates emerging filmmakers alongside established auteurs, aiming for high-impact titles with global appeal [1] Company Overview - Cineverse (Nasdaq: CNVS) is a next-generation entertainment studio that operates a wide range of premium streaming brands, including ad-supported and subscription services [5][8] - The company distributes over 71,000 premium films, series, and podcasts, connecting fans with independent stories and innovative content delivery [8] Upcoming Titles - "Escape From The 21st Century" will be available on June 27, featuring a time-travel adventure with a responsibility to save the world [7] - "Else" will be available on July 8, presenting a romance threatened by a strange epidemic [7] - "A Samurai In Time," available on August 5, is a Japanese indie hit that follows a samurai transported to the present day [7] - "The Box Man," available on August 19, is an adaptation of a Kobo Abe novel exploring identity and societal interactions [7] Current Offerings - Fandor currently streams a variety of films, including "Hundreds of Beavers," "The Accident," and "Human Hibernation," among others [2] - Additional titles set to be released later this year include "The Things You Kill" and "Lesbian Space Princess" [2]
Cineverse (CNVS) Earnings Call Presentation
2025-06-22 22:47
INVESTOR PRESENTATION A leading innovator in entertainment technology since 2000 Cineverse (Nasdaq: CNVS) July 2024 FORWARD-LOOKING STATEMENTS Investors are cautioned that certain statements contained in this document, as well as some statements in press releases and some oral statements of Cineverse officials during presentations about Cineverse, along with Cineverse's filings with the Securities and Exchange Commission, including Cineverse's current reports on Form 8-K, quarterly reports on Form 10-Q and ...
Cineverse and Iconic Events Releasing to Make Noise at Theaters with Wide Distribution of Silent Night, Deadly Night and Return to Silent Hill
Prnewswire· 2025-06-18 13:30
Core Insights - Cineverse and Bloody Disgusting announced theatrical distribution for two upcoming horror films: Silent Night, Deadly Night and Return to Silent Hill, targeting fan demand for established franchises [1][4] Group 1: Film Releases - Silent Night, Deadly Night is set to release on December 12, 2025, and is a reboot of the original 1984 film, directed by Mike P. Nelson and featuring Rohan Campbell and Ruby Modine [2][4] - Return to Silent Hill will premiere on January 23, 2026, based on the popular KONAMI video game series, starring Jeremy Irvine and Hannah Emily Anderson, with Christophe Gans returning as director [3][4] Group 2: Production and Financing - Silent Night, Deadly Night is produced by the original film's producers and financed by Bondit Media Capital and Royal Bank of Canada, with international distribution handled by Sixth Dimension [4][6] - Return to Silent Hill is produced by Victor Hadida of Davis Films and financed by Davis Films and Ashland Hill Media Finance [6] Group 3: Strategic Insights - Cineverse aims to leverage proven intellectual properties (IP) as a core part of its theatrical strategy, with both films expected to attract genre fans and new audiences [4] - The release of Return to Silent Hill coincides with the recent success of the Silent Hill 2 game remake, celebrating the 20th anniversary of the franchise [4][5] Group 4: Company Overview - Cineverse is a next-generation entertainment studio that distributes a wide range of content across various platforms, including theatrical, digital, and physical [9] - Bloody Disgusting serves as Cineverse's horror division, providing premium content and merchandise for horror fans [8]
Cineverse Announces Commercial Availability of cineSearch for Business - a Revolutionary, AI-Powered Tool that Solves Search & Discovery for Digital Platforms and Streaming Services
Prnewswire· 2025-06-10 13:30
Core Insights - Cineverse has launched cineSearch for Business, an AI-powered content search and discovery tool aimed at improving user experience on streaming platforms and OEMs [1][3] - The tool is now available for commercial licensing through Google Cloud Marketplace and the company's sales team, enhancing its market reach [1][3] - cineSearch addresses significant issues in the streaming ecosystem, including high subscriber churn due to poor content discovery and lengthy search times [6] Product Features - cineSearch utilizes a proprietary dataset called cineCore, which includes extensive film and television metadata optimized for AI search, enhancing the accuracy of content recommendations [3][10] - The tool offers personalized content suggestions based on various factors, including user mood, viewing history, and content traits, rather than relying solely on keywords [4][6] - Key features include improved sorting algorithms, integration of behavioral data, and a customizable chatbot for user interaction [10][11] Market Impact - The introduction of cineSearch is expected to reduce search time by 90%, improve user retention by 16%, and potentially increase revenue by 24% per month for streaming services [6] - The product is designed to be highly customizable, allowing third-party partners to tailor it to their specific needs, thereby transforming user interactions with streaming services [5][7] - Cineverse aims to leverage its technology to provide cost-effective solutions for both emerging and established media companies facing search and discovery challenges [7][12] Company Background - Cineverse has established the Cineverse Technology Group to focus on scaling technology monetization and accelerating AI-driven innovation in the entertainment sector [8][14] - The company has a history of pioneering technology in the video streaming industry, with its Matchpoint platform serving as a critical infrastructure for content management and distribution [9][14] - Cineverse distributes over 71,000 premium films, series, and podcasts, positioning itself as a next-generation entertainment studio [15]