Cineverse (CNVS)
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Cineverse (CNVS) - 2022 Q2 - Quarterly Report
2021-11-14 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal period ended: September 30, 2021 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-31810 Cinedigm Corp. (Exact name of registrant as specified in its charter) | --- | --- | --- | |--------------------------------- ...
Cinedigm Corp (CIDM) presents at the Virtual LD Micro Main Event XIV - slideshow
2021-10-14 17:50
| --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------|---------------------------------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | A Leading Independent Streaming Entertainment Company | | | | | | | LD Micro – 14th Annual Main Event October 13, 2021 | | | | | | | Investor Presentation | Forward looking statements Investors are cautioned that certain statements contained in this document, as well as some statements in press releases and some oral s ...
Cinedigm (CIDM) Presents At H.C. Wainwright 23rd Annual Global Investment Conference - Slideshow
2021-09-17 20:02
| --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------|----------------------------------------------------------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | A Leading Independent Streaming Entertainment Company | | | | | | | H.C. Wainwright 23rd Annual Global Investment Conference September 13 -15, 2021 | | | | | | | Investor Presentation | Forward looking statements Investors are cautioned that certain statements contained in this document, as wel ...
Cinedigm (CIDM) Investor Presentation - Slideshow
2021-09-16 19:24
| --- | --- | --- | --- | --- | |-------|-------|-------|-------|---------------------------------------------------------| | | | | | | | | | | | | | | | | | A Leading Independent Streaming Entertainment Company | | | | | | Investor Presentation August 2021 | 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 Cinedigm officials during presentations about Cinedigm, along with Cinedigm' ...
Cineverse (CNVS) - 2022 Q1 - Quarterly Report
2021-09-08 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal period ended: June 30, 2021 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-31810 Cinedigm Corp. (Exact name of registrant as specified in its charter) | --- | --- | |-----------------------------------------|-- ...
Cineverse (CNVS) - 2021 Q4 - Earnings Call Transcript
2021-07-15 01:35
Financial Data and Key Metrics Changes - Cinedigm's consolidated revenues for Q4 2021 were $8.3 million, a 6.9% increase year-over-year, marking a key inflection point as streaming growth offset declines in legacy digital cinema revenues [49] - Streaming channel revenues increased by 197% year-over-year and 39% sequentially, making up 75% of total revenues compared to 48% in the prior year quarter [50][51] - The company eliminated all debt, achieving a reduction of nearly $50 million in just 15 months, resulting in the strongest balance sheet in its history [21][54] Business Line Data and Key Metrics Changes - Streaming and digital revenues accounted for 75% of total revenues, with ad-supported streaming channel revenues up 331% year-over-year and subscription streaming revenues up 117% year-over-year [12][50] - Total streaming minutes reached approximately 1.16 billion, a 285% increase year-over-year, with monthly ad-supported streaming channel viewers rising to approximately 23.6 million, up 248% [38] - The film and television library for linear streaming grew by 88% to 6,591 titles, and total streaming channel distribution deals increased by 170% to 135 [39] Market Data and Key Metrics Changes - The total addressable market for Cinedigm's content is estimated at $3 billion in the U.S. enthusiast market, with the company holding about a 1% market share [23] - The streaming category is experiencing healthy double-digit growth globally, driven by AVOD and SVOD, as digital advertising spending increases and younger generations prefer subscription services [24][25] Company Strategy and Development Direction - Cinedigm is focused on a roll-up acquisition strategy to drive revenues from its digital streaming business, leveraging technological capabilities and a strong balance sheet [13][26] - The company positions itself as a complementary service to major general entertainment subscription services like Disney+ and Netflix, targeting enthusiast viewers [15][110] - Cinedigm aims to expand its portfolio of enthusiast streaming channels and enhance its technological capabilities through acquisitions, such as FoundationTV [56] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the rapid growth of streaming revenues and the company's ability to execute its acquisition strategy, anticipating continued strong performance in the coming quarters [10][35] - The management highlighted the importance of technological innovation as a competitive advantage, enabling the company to deliver superior streaming experiences [26] - The company expects to maintain its growth trajectory, driven by increased distribution partnerships and engagement with viewers [46][47] Other Important Information - Cinedigm's recent acquisitions include Fandor and Screambox, enhancing its content library and targeting specific audience segments [41][42] - The company has launched NFT-based film releases under the Fandor Selects label, indicating a diversification of its content offerings [44] Q&A Session Summary Question: Congratulations on being debt-free - Management acknowledged the milestone and turnaround achieved over the past 18 months [58] Question: Sustainability of AVOD trends and inventory generation - Management noted a direct correlation between increased inventory and ad revenue, emphasizing a strategy focused on maintaining value-based CPMs [60][62] Question: Expanded distribution opportunities and international growth - Management discussed the shift of ad dollars to FAST and the potential for growth in international markets, particularly in South Asia and Latin America [64][69] Question: Partnership with Amagi and monetization - Management highlighted Amagi's role in improving ad render rates and revenue capture, indicating a positive impact on monetization [73][76] Question: Future revenue recognition from AMC order - Management confirmed that the $10.8 million from AMC will be recognized over two years, while also discussing ongoing discussions with other exhibitors [90][91] Question: Normalized debt levels and acquisition strategy - Management indicated flexibility in using debt for acquisitions while maintaining a focus on optimizing the cost of capital [94][96] Question: Growth potential of AVOD, FAST, and SVOD - Management expressed excitement about the growth potential of Fandor and the overall strategy of providing diverse content across platforms [104][106]
Cineverse (CNVS) - 2021 Q3 - Earnings Call Transcript
2021-02-23 03:06
Cinedigm Corp. (CIDM) Q3 2021 Earnings Conference Call February 22, 2021 6:00 PM ET Company Participants Jill Calcaterra - EVP, Corporate Communications and Marketing Chris McGurk - Chairman and CEO Erick Opeka - President, Cinedigm Networks Gary Loffredo - COO, General Counsel and President/Cinema Equipment Business Conference Call Participants Dan Kurnos - The Benchmark Company Brian Kinstlinger - Alliance Global Partners Operator Greetings and welcome to Cinedigm Third Quarter 2021 Earnings Conference Ca ...
Cineverse (CNVS) - 2021 Q3 - Quarterly Report
2021-02-21 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal period ended: December 31, 2020 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 000-31810 Cinedigm Corp. (Exact name of registrant as specified in its charter) | --- | --- | |------------------------------------|--- ...
Cineverse (CNVS) - 2021 Q2 - Earnings Call Transcript
2020-11-17 03:24
Cinedigm Corp. (CIDM) Q2 2021 Earnings Conference Call November 16, 2020 4:30 PM ET Company Participants Jill Calcaterra - Executive Vice President, Corporate Communications and Marketing Chris McGurk - Chairman and Chief Executive Officer Erick Opeka - President, Cinedigm Networks Gary Loffredo - Chief Operating Officer, General Counsel and President/Cinema Equipment Business Conference Call Participants Dan Kurnos - The Benchmark Company Brian Kinstlinger - Alliance Global Operator Greetings and welcome t ...
Cineverse (CNVS) - 2021 Q2 - Quarterly Report
2020-11-16 22:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal period ended: September 30, 2020 o TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |----------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------|-------- ...