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Cineverse Motion Pictures Group's Escape From The 21st Century Hits Theaters on June 9, Tickets on Sale Now for The Bold, Genre-blending Time-Travel Adventure
Prnewswire· 2025-05-30 13:00
Group 1 - Cineverse has announced the release of the sci-fi film "Escape From The 21st Century," directed by Li Yang, set to premiere in select theaters on June 9, 2025 [1][2] - The film's plot revolves around three friends who can travel 20 years into the past and future with a sneeze, facing the challenge of saving the world from an undesirable future [2] - Cineverse is expanding its content offerings with upcoming releases including "The Toxic Avenger," "Silent Night, Deadly Night," and "Return to Silent Hill," alongside "Escape From The 21st Century" [3] Group 2 - Cineverse is positioned as a next-generation entertainment studio that utilizes technology to enhance content delivery and audience engagement, distributing over 71,000 films, series, and podcasts [4] - The company aims to redefine entertainment experiences through innovative storytelling and proprietary streaming tools, focusing on independent and authentic narratives [4]
Cineverse Accelerates Technology Monetization, Launches Technology Group to Drive AI Innovation and Rapid Commercial Expansion
Prnewswire· 2025-05-19 16:05
Company Overview - Cineverse has announced the formation of the Cineverse Technology Group to enhance technology monetization and accelerate AI-driven innovation in the entertainment industry [1][2] - The company aims to modernize the global entertainment infrastructure and build next-generation AI-powered tools [1] Leadership Changes - Tony Huidor has been promoted to President of Technology and Chief Product Officer, bringing over 30 years of experience in media technology [2][8] - Huidor has played a significant role in the development and scaling of the Matchpoint platform at Cineverse [9] Technology and Product Development - Matchpoint™, Cineverse's media supply chain platform, automates workflows and streamlines content delivery, providing significant cost efficiencies [3][11] - The Technology Group will focus on expanding Matchpoint's commercial licensing partnerships with large media companies seeking operational cost savings [4][5] AI Innovations - Cineverse is developing AI-driven solutions to optimize decision-making, profitability, and operational efficiency across the entertainment lifecycle [7] - Current AI initiatives include content performance forecasting, automated marketing, advanced content valuation, and real-time ad optimization [8] Business Impact - The company has demonstrated its technology's effectiveness by achieving margin expansion and operational efficiencies, leading to higher profitability and faster content delivery [5][6] - Cineverse's mission is to deliver practical technology solutions that drive revenue growth and profitability for both the company and its partners [10] Industry Position - Cineverse is positioned as a pioneer in the video streaming industry, leveraging its technology to redefine entertainment delivery and management [11][12] - The company distributes over 71,000 premium films, series, and podcasts, connecting fans with independent stories [12]
Cineverse Launches Dedicated Motion Pictures Group to Take Advantage of High-Growth Feature Film Business Opportunity
Prnewswire· 2025-05-12 16:05
Core Insights - Cineverse has established the Cineverse Motion Pictures Group to enhance its feature film business initiatives, appointing Yolanda Macias as Chief Motion Pictures Officer to lead this new division [1][3] - The executive leadership team, including Chairman and CEO Chris McGurk and President and Chief Strategy Officer Erick Opeka, has renewed their employment agreements, indicating stability and continuity in leadership [2] - Following the success of "Terrifier 3," which is now the highest-grossing unrated film of all time, Cineverse plans to launch an ambitious slate of theatrical releases, including several franchise expansions and new titles [3] Company Overview - Cineverse is a next-generation entertainment studio that focuses on delivering a wide range of content through innovative technology, distributing over 71,000 films, series, and podcasts [4] - The company aims to connect fans with independent stories and has established a strong presence in the horror genre through platforms like Bloody Disgusting [4] - Cineverse utilizes proprietary streaming tools and AI technology to enhance revenue and audience reach, positioning itself for future growth in the entertainment industry [4]
Cineverse Acquires U.S. Rights for Return to Silent Hill, The Newest Installment in the popular Video Game Horror Film Franchise from Davis Films
Prnewswire· 2025-05-09 13:00
Company Overview - Cineverse has acquired U.S. rights for "Return to Silent Hill," a film based on the popular video game series by KONAMI, ahead of the Cannes Film Festival [1] - The film is a faithful adaptation of "Silent Hill 2," which was remade by KONAMI and released to acclaim in 2024 [2][8] - Cineverse aims to build its slate of theatrical releases with this addition, highlighting the franchise's global box office success of $156 million from the first two films [4] Film Details - "Return to Silent Hill" follows the character James, who is drawn back to the town of Silent Hill by a mysterious letter from his deceased love, Mary [2] - The film features extensive visual effects and is set to have a wide theatrical release soon [1][2] - The production team includes director Christophe Gans, who directed the original 2006 film, and original game composer Akira Yamaoka [3] Market Position - The Silent Hill franchise is recognized as one of the best horror video game franchises globally, with the recent remake of "Silent Hill 2" selling over 2 million copies shortly after its release [8] - Cineverse's strategy includes a focus on franchise IP management, aiming to deliver authentic and immersive experiences for fans [7] Upcoming Releases - Cineverse has a lineup of upcoming releases, including "The Toxic Avenger" on August 29, 2025, and a reimagining of "Silent Night Deadly Night" on December 12, 2025 [9][11]
Cineverse Announces Start of Production for Holiday Horror Film, Silent Night, Deadly Night
Prnewswire· 2025-04-17 13:00
Company Overview - Cineverse is a next-generation entertainment studio that distributes content across various platforms, including theatrical, digital, and physical formats [6][9] - The company has a significant catalog, distributing over 71,000 premium films, series, and podcasts, and is known for its innovative use of technology in entertainment delivery [9] Film Production - Production has commenced for the holiday horror film "Silent Night, Deadly Night," directed by Mike P. Nelson, with a release date set for December 12, 2025 [1][4] - The film features a cast including Ruby Modine as Pamela and Rohan Campbell as Billy Chapman, along with other notable actors [2] Creative Team - The film's crew includes experienced professionals such as Director of Photography Nick Junkersfeld and Production Designer Oscar Fenogolio, among others [3] - The original producers of the 1984 film are involved in the reboot, ensuring a connection to the franchise's legacy [4][5] Financial Backing and Distribution - Financing for the film is provided by Bondit Media Capital and the Royal Bank of Canada, with distribution outside North America managed by Sixth Dimension, a genre label of StudioCanal [4] Market Position - Cineverse has recently achieved success with "Terrifier 3," which is now the top-grossing unrated film of all time, indicating a strong position in the horror film market [6] - The company aims to connect with passionate audiences through its horror division, Bloody Disgusting, which serves as a leading destination for horror content [7][8]
Cineverse Launches "Land of the Lost" and "So
Prnewswire· 2025-04-15 18:00
Popular Channels Now Available to Philo Customersas Part of a Expanded Partnership Between the CompaniesLOS ANGELES, April 15, 2025 /PRNewswire/ -- Cineverse (NASDAQ: CNVS), a next-generation entertainment studio, today announced the addition of two new channels to Philo through a renewed agreement with the entertainment-focused streaming TV service. The free ad-supported streaming television (FAST) channels "Land of the Lost" and "So…Real" are now available to stream. Land of the Lost So…Real "Land ...
Cineverse Acquires U.S. Rights to Lynchian Thriller The Things You Kill; Fall Theatrical Release Planned
Prnewswire· 2025-04-10 14:30
Group 1 - Cineverse has acquired the U.S. distribution rights for "The Things You Kill," a thriller directed by Alireza Khatami, which won the Directing Award at Sundance 2025 [1][3] - The film follows a university professor dealing with the death of his mother and the moral dilemmas that arise from his actions [2][3] - The theatrical release is scheduled for fall 2025, followed by a digital release [1][3] Group 2 - Alireza Khatami is recognized as a compelling new voice in global cinema, blending surreal elements with intricate storytelling [3] - Cineverse aims to connect audiences with independent stories and has a diverse content library, including over 71,000 films and series [7][8] - Fandor, a platform under Cineverse, focuses on unique and underseen films, enhancing the cinematic experience for viewers [5]
Cineverse Expands Existing Line of Credit Facility with East West Bank to $15 Million with a Three-Year Term
Prnewswire· 2025-04-09 13:00
Group 1 - Cineverse Corp. has expanded its line of credit facility with East West Bank from $7.5 million to $12.5 million, with the potential to increase to $15 million, and extended the term from one year to three years at an interest rate of Prime plus 1.25% [1][2] - The expanded credit facility is aimed at making critical content and other investments to drive top-line revenue growth, as stated by the Chairman and CEO of Cineverse, Chris McGurk [2] - This financial move strengthens the company's balance sheet without causing equity dilution, following a successful fiscal third quarter [2] Group 2 - Cineverse is described as a next-generation entertainment studio that offers a wide range of content through technology, distributing over 71,000 premium films, series, and podcasts [3] - The company has developed a new blueprint for delivering entertainment experiences and connects fans with independent stories, including the highest-grossing non-rated film in U.S. history and a premier podcast network [3] - Cineverse utilizes proprietary streaming tools and AI technology to enhance revenue and redefine the entertainment landscape [3]
Cineverse's RetroCrush Acquires Exclusive Streaming Rights to Classic Sci-Fi Anime Series "Future Boy Conan" from GKIDS
Prnewswire· 2025-04-02 16:00
Hayao Miyazaki's Post-apocalyptic Series Joins Growing Streaming Service as RetroCrush Celebrates its 5th AnniversaryRetroCrush Podcast to Include Weekly Anime Club in Friday Episodes, Dedicated to Future Boy ConanLOS ANGELES, April 2, 2025 /PRNewswire/ -- Cineverse (Nasdaq: CNVS), a next-generation entertainment studio, announced today the acquisition of streaming rights for the animated series Future Boy Conan for RetroCrush — its streaming service dedicated to classic anime. Exclusive to RetroCrush, whic ...
Cineverse Hires Tim Russell, Promotes Terry City as Direct Advertising Sales Team Expands
Prnewswire· 2025-03-31 13:51
Russell Brings 30 Years of Experience from Sabio Holdings, Turner Broadcasting, Comcast and More LOS ANGELES, March 31, 2025 /PRNewswire/ -- Cineverse (NASDAQ: CNVS), a next-generation entertainment studio, today announced that it has hired Tim Russell as Senior Vice President, Direct Advertising Sales and promoted Terry City to Executive Vice President, Direct Advertising Sales. Russell, whose appointment is effective immediately, will report to City as Cineverse continues to bolster its sales team to supp ...