Cineverse (CNVS)
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Cineverse and Lloyd Braun's Banyan Ventures Form JV to Launch MicroCo, a New Studio and Platform for Microseries - a Market Projected to Reach $10B by 2027
Prnewswire· 2025-08-13 14:00
Core Insights - Cineverse and Banyan Ventures have launched MicroCo, a 50/50 joint venture aimed at creating high-quality Microseries, which are short-form, serialized content designed for modern viewing habits [1][2] - The Microdrama market has seen significant growth, with a $7 billion market in China and projected to reach $10 billion outside of China by 2027 [1][5] - MicroCo aims to leverage advanced streaming technology and AI to produce low-cost, high-quality content that engages genre-driven audiences [1][6] Company Overview - MicroCo will be the first U.S.-based studio and AI-native platform specifically for Microseries, targeting the untapped potential of this content format [1][4] - The leadership team includes experienced executives such as Lloyd Braun, Chris McGurk, Jana Winograde, and Susan Rovner, who bring a wealth of industry knowledge and creative expertise [3][7][8] Market Potential - The Microseries format is designed for binge-watching, with episodes running approximately 1-3 minutes, and will cover various genres including romance and horror [5][6] - The platform aims to meet the evolving viewing habits of audiences, focusing on fast, social, and mobile-first experiences [6][9] Technology and Innovation - MicroCo will utilize Cineverse's proprietary technology, including the Matchpoint™ streaming infrastructure, to enhance content delivery and audience engagement [8][9] - The company plans to explore diverse revenue models, including advertising and in-app transactions, to support its creator economy [8][9] Audience Engagement - MicroCo will provide tools and analytics for creators to streamline storytelling and enhance audience connections [8][9] - The company has a significant fandom reach of over 150 million fans across various genres, leveraging its marketing strategies to maximize engagement [13]
Cineverse Technology Group's Flagship Brand Matchpoint™ Announces New Deals for its Proprietary Streaming Supply Chain Platform
Prnewswire· 2025-08-12 16:40
Core Insights - Cineverse has signed several new customers for its automated media supply chain platform, Matchpoint™, which is transforming video content management and delivery [1][6] - Michele Edelman has been appointed as the new EVP, Technology & General Manager of Matchpoint, indicating a strategic move to enhance the platform's capabilities [2] - The new customers include various studios and streaming services utilizing Matchpoint Dispatch and Blueprint for automated content management and app building [3][4] Company Overview - Cineverse is a next-generation entertainment studio that leverages technology to deliver a wide range of content, distributing over 71,000 premium films, series, and podcasts [8] - The company is recognized for its innovative technology solutions, particularly in video streaming and content management, with a strong development team based in India [7] - Cineverse's proprietary tools, including cineSearch and the C360 programmatic audience network, enhance user experience and advertising capabilities [7] Product Details - Matchpoint™ is an award-winning platform that automates the media supply chain, significantly reducing costs and human error while facilitating content ingestion and delivery across multiple platforms [6] - Matchpoint Dispatch helps launch and grow streaming businesses through a fully automated content management system powered by AI tools [3][5] - Matchpoint Blueprint offers scalable app-building capabilities, further enhancing the platform's utility for media companies [3]
Cineverse Technology Group Appoints Accomplished Industry Executive Michele Edelman EVP, Technology & General Manager, Matchpoint™
Prnewswire· 2025-08-11 13:00
Company Overview - Cineverse Corp (Nasdaq: CNVS) is a next-generation entertainment studio that focuses on empowering creators and entertaining fans through technology [11] - The company distributes over 71,000 premium films, series, and podcasts, and has developed a new blueprint for delivering entertainment experiences efficiently [11] Key Executive Appointment - Michele Edelman has been appointed as EVP, Technology & General Manager of Matchpoint™, effective immediately [1] - Edelman previously served as a consultant to the Cineverse Technology Group, where she significantly impacted the service identity and launched several new Matchpoint customers [3][4] Role and Responsibilities - In her new role, Edelman will oversee Cineverse's go-to-market strategy, including sales, marketing, and daily operations of Matchpoint, which is a leading media supply chain platform [2] - She is also responsible for driving the sales and marketing strategy for cineSearch for Business, an AI-powered content search and discovery platform [5] Technology and Innovation - Matchpoint™ is designed to transform video content management and delivery by replacing traditional processes with a fully automated workflow, reducing costs and human error [8] - Cineverse's proprietary technology leverages advances in AI to enhance streaming content management and distribution [10] Industry Recognition and Experience - Edelman has a rich background in the entertainment industry, having spent 20 years at Warner Bros. in various senior roles, including VP of Worldwide Marketing [6] - She has received numerous accolades, including recognition among the Top 40 in Streaming Media and the Women in Home Entertainment Award [7]
Cineverse and Air Bud Entertainment Announce Nationwide Talent Search for The Next Air Bud in Advance of Air Bud Returns
Prnewswire· 2025-08-08 14:00
Group 1 - Cineverse and Air Bud Entertainment announced the return of the Air Bud franchise with a new film titled "Air Bud Returns," set to release in Summer 2026 [1][6] - A nationwide talent search is being launched to find a new golden retriever to star in the film, inviting dog owners to submit their purebred golden retrievers [3][4] - The film will feature a storyline about a 12-year-old boy named Jacob who, after moving to his father's childhood home, discovers an original VHS of the Air Bud movie and forms a bond with a neglected golden retriever named Buddy [5] Group 2 - Cineverse is expanding its portfolio with upcoming releases, including "Air Bud Returns," which will be its first kids and family theatrical release [6] - Air Bud Entertainment has a long history of creating family films, with "Air Bud Returns" marking the 50th movie produced by founder Robert Vince [9] - The collaboration between Cineverse and Air Bud Entertainment aims to blend positive messages and unique storytelling, continuing the legacy of the beloved franchise [9]
Cineverse and The Stand Group's Newly-Formed WITZ Podcast Network Launches Slate of Top-Tier Comedy Series Including Jay Mohr's 'Mohr Stories'
Prnewswire· 2025-08-07 15:00
Goal to Double Podcast Revenue in Next 24 Months as Comedy Expansion Unlocks New Monetization Opportunities The slate also includes a plethora of shows spanning interviews, sketch comedy, prank calls, celebrity impressions, pop culture commentary and more, all designed to tap into the fast-growing comedy podcast category. This is part of a significant expansion of Cineverse into podcasting's fastest-growing genre, building on the success of its top-10 podcast network, which has been driven by horror, true c ...
Cineverse to Report First Quarter FY 2026 Financial Results on Thursday, August 14, 2025
Prnewswire· 2025-08-07 13:00
Core Viewpoint - Cineverse Corp. is set to release its financial results for the fiscal first quarter ending June 30, 2025, on August 14, 2025, after market close [1] Financial Results Announcement - The financial results will be discussed in a conference call scheduled for 4:30 p.m. ET/1:30 p.m. PT on the same day [2] - The conference call will be accessible online through the Cineverse Investor Relations website, and participants are required to register in advance [2] Replay Availability - An audio recording of the conference call will be available for replay shortly after its completion, accessible in the Events and Presentations section of the Cineverse Investor Relations website [3] Company Overview - Cineverse is a next-generation entertainment studio that offers a wide range of content through advanced technology, distributing over 71,000 premium films, series, and podcasts [4] - The company focuses on connecting fans with independent stories and has properties including the highest-grossing unrated film in U.S. history and a premier podcast network [4] - Cineverse utilizes proprietary streaming tools and AI technology to enhance revenue and redefine the entertainment experience [4]
Cineverse Reveals the New Voice of Moviefone
Prnewswire· 2025-08-01 16:00
Core Insights - Cineverse has launched a campaign to revive the Moviefone phone line, allowing fans to call 1-802-377-FILM for movie information, marking the first time the line has been active in over a decade [1][3][6] - The campaign is tied to the theatrical release of "The Toxic Avenger," premiering on August 29, 2025, featuring Peter Dinklage as the voice on the line [4][5][9] Company Overview - Cineverse is a next-generation entertainment studio that distributes content across various platforms, including theatrical, digital, and physical formats, and has a catalog of over 71,000 films, series, and podcasts [9][10] - Moviefone, celebrating its 35th anniversary, serves as a platform for fans to discover movies and series, reaching audiences through multiple channels including a new mobile app and various streaming services [11][12] Marketing Strategy - The campaign includes digital video promotions on Moviefone's website and social media, as well as ads across Cineverse's network to engage fans leading into Labor Day weekend [4][5] - The collaboration aims to evoke nostalgia while connecting with younger audiences, including Millennials, Gen Z, and Gen Alpha [12]
Air Bud Returns: Ain't No Rule Says a Dog Can't Release Another Movie
Prnewswire· 2025-07-24 16:00
Core Insights - Cineverse has partnered with Air Bud Entertainment to release "Air Bud Returns," a new film set for a wide theatrical release in Summer 2026, marking a significant opportunity to reintroduce a beloved family brand to audiences [1][2] 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 [8] - Air Bud Entertainment has been creating family films for over 28 years, known for its heartwarming storytelling and positive messages, with "Air Bud Returns" being the 50th film produced by founder Robert Vince [9] Strategic Collaboration - The collaboration between Cineverse and Air Bud Entertainment signifies a long-term partnership aimed at expanding Cineverse's portfolio in the kids and family content sector, leveraging the nostalgia of the original Air Bud franchise [2][4] - The film is expected to resonate with both nostalgic fans and a new generation, emphasizing themes of adaptation, redemption, and teamwork [4][5] Film Details - "Air Bud Returns" will be directed by Robert Vince, who has a history of producing successful family films, including the original "Air Bud" [3] - The storyline follows a 12-year-old boy named Jacob who, after moving to his father's childhood home, discovers an original VHS of "Air Bud" and forms a bond with a stray golden retriever named Buddy, leading to a journey of healing and teamwork [4][5] Market Positioning - The release of "Air Bud Returns" is positioned to capitalize on the current trend of nostalgia among Millennial parents seeking family-friendly films, aligning with Cineverse's strategy to expand its theatrical offerings [4][5]
Cineverse Adds Three Industry Veterans to Accelerate Feature Film Acquisitions and Releasing Business
Prnewswire· 2025-07-15 17:40
Core Insights - Cineverse has appointed three key executives to enhance its Motion Pictures Group, aiming to strengthen its development, acquisitions, and distribution capabilities [1][5] Group 1: Executive Appointments - Steven Peros has been appointed as Vice President of Creative Development and Filmmaker Relations, responsible for leading development and overseeing physical production, with a background in development at New Line Cinema and experience with major studios [2] - Dan Fisher has been named Vice President of Acquisitions, bringing over a decade of experience in acquisition and digital sales from various companies, focusing on Cineverse's direct-to-digital and OTT slate [3] - Cameron Moore joins as a consultant for theatrical distribution, leveraging his extensive experience in maximizing profitability and strategic planning for theatrical releases [4] Group 2: Strategic Vision - The company aims to build a diverse slate of theatrical, digital, and streaming content, targeting specific fandoms with IP-driven and award-winning releases [5] - Cineverse's mission is to deliver engaging content for fans, creators, and partners, emphasizing authentic audience connections [5] Group 3: Upcoming Releases - Following the success of "Terrifier 3," Cineverse plans to release several franchise expansions, including "The Toxic Avenger" on August 29, 2025, and "Silent Night, Deadly Night" on December 12, 2025, among others [6] Group 4: Company Overview - Cineverse is a next-generation entertainment studio that distributes over 71,000 premium films, series, and podcasts, focusing on empowering creators and entertaining fans through innovative technology [7] - The company is known for its high-grossing independent films and a variety of streaming channels, aiming to redefine the entertainment experience [7]
Cineverse Added to Multiple Russell Indexes Including 3000E, Microcap, Growth, and Value Segments
Prnewswire· 2025-07-02 13:00
Core Insights - Cineverse Corp. has been included in multiple FTSE Russell indexes, effective June 29 and June 30, 2025, enhancing its visibility among institutional investors and index-tracking funds [1][6] - The inclusion reflects Cineverse's strong growth momentum and value profile, which the company believes is underappreciated in the market [2] - Cineverse is positioned as a next-generation entertainment studio, distributing over 71,000 premium films, series, and podcasts, and utilizing proprietary streaming tools and AI technology to redefine entertainment [3] Company Overview - Cineverse is a global streaming technology and entertainment company that empowers creators and entertains fans through innovative content delivery [3] - The company connects audiences with independent stories and has properties including the highest-grossing unrated film in U.S. history and a premier podcast network [3] - Cineverse aims to scale its theatrical releases, monetize technology platforms, and expand streaming channels, indicating significant growth potential [2] FTSE Russell Overview - FTSE Russell is a global index leader providing benchmarking, analytics, and data solutions, with approximately $18.1 trillion benchmarked to its indexes [4] - The indexes cover 98% of the investable market globally and are widely used by institutional and retail investors [4] - FTSE Russell focuses on transparent, rules-based methodologies and adheres to high industry standards in index design and governance [4]