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Cineverse (CNVS) - 2025 Q4 - Earnings Call Transcript
2025-06-27 14:02
Cineverse (CNVS) Q4 2025 Earnings Call June 27, 2025 09:00 AM ET Company Participants Gary Loffredo - Chief Legal Officer, Secretary & Senior AdvisorChristopher McGurk - Chairman & CEOMark Lindsey - CFOErick Opeka - President & Chief Strategy OfficerTony Huidor - Chief Product Officer & President - TechnologyDaniel Kurnos - MD - Internet & Media Equity ResearchBrian Kinstlinger - MD, Director - Research & Head - Technology Research Operator Good day, everyone. Welcome to Cineverse's Fourth Quarter and Fisca ...
Cineverse (CNVS) - 2025 Q4 - Earnings Call Transcript
2025-06-27 14:00
Cineverse (CNVS) Q4 2025 Earnings Call June 27, 2025 09:00 AM ET Speaker0 Good day, everyone. Welcome to Cineverse's Fourth Quarter and Fiscal Year twenty twenty five Financial Results Conference Call. My name is Emily, and I will be your operator today. Currently, all participants are in a listen only mode. We will have a question and answer session following management's prepared remarks. Please note that this call is being recorded. I would now like to turn the call over to your host, Gary Lofredo, Chief ...
Cineverse Reports Fourth Quarter and Fiscal Year 2025 Results
Prnewswire· 2025-06-27 12:00
Total Revenue of $15.6 Million, a $5.7 Million or 58% Increase over Prior Year QuarterNet income of $0.9 Million, a $15.5 Million Increase over Prior Year QuarterAdjusted EBITDA of $4.0 Million, a $2.4 Million or 158% Increase over Prior Year QuarterTotal Fourth Quarter Direct Operating Margin of 55%LOS ANGELES, June 27, 2025 /PRNewswire/ -- Cineverse Corp. ("Cineverse" or the "Company") (NASDAQ: CNVS), a global streaming technology and entertainment company, today announced its financial results for its fo ...
SPECTRUM TV SELECT CUSTOMERS TO RECEIVE HULU AS PART OF EXPANDED AGREEMENT BETWEEN CHARTER AND THE WALT DISNEY COMPANY
Prnewswire· 2025-06-26 14:30
Core Insights - Charter Communications and The Walt Disney Company have announced an expanded distribution agreement that includes Hulu (With Ads) for all Spectrum TV Select customers at no additional cost, enhancing the value of the TV Select package [1][7] - The agreement also reinstates eight Disney-owned linear networks to Spectrum's channel lineup, which will increase the overall entertainment offering and advertising reach for both companies [2][7] - The deal is expected to improve subscriber retention and is supported by marketing efforts, reflecting a commitment to innovative distribution models that combine linear and streaming services [3][7] Company and Industry Summary - The addition of Hulu and the return of Disney's networks will elevate the retail streaming value for TV Select customers to over $100 per month, showcasing the competitive advantage of bundled services [1][7] - Charter Communications serves over 57 million homes and businesses across 41 states, providing a range of services including broadband and cable under the Spectrum brand [5] - The Walt Disney Company reported annual revenue of $91.4 billion in its Fiscal Year 2024, indicating its strong position in the entertainment and media industry [8]
KOORUI Launches Multi-Model Monitor Lineup Globally, Strengthening Its Presence in Key Markets
Globenewswire· 2025-06-26 09:08
Core Insights - KOORUI has launched five new monitor models aimed at various user needs, including gaming, productivity, and everyday use, showcasing its commitment to adapting to global market demands [1][2][3] Product Overview - The new models include G2741L, G2411P, 34E6UC, 27E6CA, and E2412F, with features such as 200Hz performance for gamers, curved displays for productivity, and practical designs for office work [1][2] - The G2411P is specifically designed for gamers, while the 34E6UC and 27E6CA focus on enhancing productivity through their wide formats [2] Market Context - The global demand for monitors is increasing due to trends in hybrid work, online learning, and entertainment, prompting KOORUI to offer a diverse product lineup [3] - The launch coincides with Amazon Prime Day, allowing KOORUI to provide competitive pricing and enhance its market presence in North America, Europe, and Southeast Asia [4] Company Vision - KOORUI emphasizes a user-centered approach in its product design, aiming to make quality display technology more accessible [6][7]
Amazon drives 25% of US streamer sign-ups as it pushes to own the TV experience
Business Insider· 2025-06-25 21:01
Core Insights - Amazon is positioning Prime Video as a comprehensive entertainment hub to compete with Netflix and YouTube by promoting rival streaming services through its "channels" program [1][6] Group 1: Business Strategy - Amazon's channels program has seen a rise in sign-ups, accounting for 25% of major US subscription streamer sign-ups in Q1, up from 22% two years ago [3] - The company aims to enhance engagement on its platform, as Prime Video currently captures only about 3.5% of TV watch time, trailing behind competitors [6] - Amazon's goal is to make Prime Video profitable by 2025, with revenue cuts from subscriptions varying by partner [6] Group 2: Partnerships and Collaborations - Amazon's channels business has successfully re-engaged HBO Max and onboarded Apple TV+ for the first time, although it still seeks partnerships with other major players like Comcast's Peacock and Disney [5] - Antenna's data indicates that 90% of Prime Video Channels sign-ups would not have occurred without the service being available on Prime Video [10] - Partners have reported that Amazon has become more generous in sharing subscriber data and providing promotional opportunities [14] Group 3: Market Competition - Netflix is also striving to become the default TV viewing platform, recently announcing a deal with France's TF1 [7] - YouTube is attempting to develop a channels business similar to Amazon's, but industry executives believe it has significant ground to cover [7] Group 4: Content Strategy and Spending - Amazon's channels program has raised concerns within MGM Studios regarding the long-term commitment to producing original content, especially as other services gain prominence [18] - The company has been scrutinizing its entertainment spending, leading to layoffs and a shift in focus towards live sports and licensed content [19] - Prime Video's ad business has been bolstered by sports programming, with expectations for ad revenue to exceed $66 billion in 2024 [20]
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]
ARK Demonstrates Robust June Momentum as Snail Games Celebrates 10-Year Anniversary and Prepares for Aquatica DLC Launch
Globenewswire· 2025-06-24 12:30
ARK: Survival Evolved sees over 3,000% sales lift in June Snail leverages box office and music partnerships to promote ARK: Aquatica CULVER CITY, Calif., June 24, 2025 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) ("Snail Games" or the "Company"), a leading global independent developer and publisher of interactive digital entertainment, celebrates the ARK franchise's 10-year anniversary with strong June 2025 sales momentum across ARK: Survival Evolved ("ASE") and it launches targeted marketing strategy to ...
3 Reasons to Hold Netflix Stock in 2H25 Beyond its 38% YTD Growth
ZACKS· 2025-06-23 16:36
Key Takeaways Netflix shares surged 38% year to date, significantly outperforming streaming rivals and the industry. Squid Game finale, NFL Christmas games, and Netflix House physical locations drive growth prospects. Strong guidance shows 15% revenue growth with ad-supported tier adoption exceeding 55% of new users.Netflix Inc. (NFLX) has delivered impressive returns for shareholders in 2025, with the streaming giant's shares surging approximately 38.2% year to date, significantly outpacing other streami ...