Cineverse (CNVS)
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Cineverse Announces Proposed Public Offering of Class A Common Stock
Prnewswire· 2026-02-12 22:00
Cineverse Announces Proposed Public Offering of Class A Common Stock [Accessibility Statement] Skip NavigationLOS ANGELES, Feb. 12, 2026 /PRNewswire/ -- Cineverse Corp. (Nasdaq: CNVS) ("Cineverse"), an innovative and independent entertainment technology company and studio, today announced a proposed underwritten public offering of shares of its Class A common stock (the "common stock"). Cineverse intends to grant the underwriter a 30-day option to purchase up to an additional 15% of the number of shares of ...
Cineverse Announces Agreement to Acquire IndiCue, Inc.
Prnewswire· 2026-02-12 21:47
Cineverse Announces Agreement to Acquire IndiCue, Inc. [Accessibility Statement] Skip NavigationLOS ANGELES, Feb. 12, 2026 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), an innovative and independent entertainment technology company and studio, today announced that on February 12, 2026, it signed an agreement to acquire IndiCue, Inc., a proprietary connected television (CTV) monetization platform that provides publishers and streaming operators with the technology infrastructure to manage, optimize, and gr ...
Cineverse (CNVS) - 2026 Q3 - Quarterly Results
2026-02-12 21:39
Exhibit 99.4 Unaudited Pro Forma Combined Condensed Financial Statements Introduction On February 9, 2026, Cineverse Corp. (the "Company" or "Cineverse") entered into the Purchase Agreement with IndiCue, Inc. (the "Seller" or "IndiCue") pursuant to which Cineverse agreed to purchase 100% of the issued and outstanding shares of IndiCue (the "Acquisition"). The aggregate consideration is $22.0 million, which will be subject to normal working capital adjustments. The consideration is expected to consist of $12 ...
Cineverse to Report Third Quarter FY 2026 Financial Results on Tuesday, February 17, 2026
Prnewswire· 2026-02-10 14:00
Core Viewpoint - Cineverse Corp. is set to release its financial results for the fiscal third quarter ending December 31, 2025, on February 17, 2026, after market close, highlighting its ongoing commitment to transparency and investor engagement [1]. Company Overview - Cineverse is described as a next-generation entertainment technology company and studio, focusing on innovation and independence in developing and investing in technology and content [1]. - The company operates Matchpoint®, an AI-powered tech ecosystem designed to enhance content preparation, distribution, monetization, and performance across various platforms [1]. - Cineverse distributes over 71,000 premium films, series, and podcasts, and manages numerous digital properties that cater to dedicated fan bases globally [1]. Financial Communication - A conference call will be held on February 17, 2026, at 4:30 p.m. ET to discuss the financial results, with access available through the Cineverse Investor Relations website [1]. - An audio recording of the conference call will be made available for replay shortly after its conclusion [1].
All Is Not Calm As Silent Night, Deadly Night Comes Home; Now Available on Digital, Dates Announced for Physical Releases
Prnewswire· 2026-02-05 14:00
Group 1 - Cineverse announced the physical media release of "Silent Night, Deadly Night" on February 17, 2026, following its availability on digital platforms [1][2] - The film is a reimagining of the controversial classic, featuring a storyline where the protagonist, Billy, confronts his dark past during a holiday season [2] - The physical media will include various formats such as DVD, Blu-ray (Collector's Edition), 4K + Blu-ray (Collector's Edition), and a Steelbook edition [2][3] Group 2 - The film is directed by Mike P. Nelson and stars Rohan Campbell and Ruby Modine among others [3] - Cineverse has a diverse portfolio, distributing over 71,000 films, series, and podcasts, and is known for its innovative approach to entertainment delivery [6] - Upcoming theatrical releases from Cineverse include the 20th anniversary of "Pan's Labyrinth" and "Air Bud Returns," indicating a strategy to cater to various audience segments [4]
Cineverse Technology Group Partners with Revry for Matchpoint™
Prnewswire· 2026-02-04 14:00
Core Insights - Cineverse has partnered with Revry to utilize its automated media supply chain platform, Matchpoint, for content delivery [1][2] - Matchpoint is designed to automate and streamline video content processes, significantly reducing costs and human error while enhancing operational efficiency [2][3] Company Overview - Cineverse is a next-generation entertainment studio that focuses on leveraging technology to deliver a wide range of content, including over 71,000 premium films, series, and podcasts [7][8] - Revry, founded in 2015, is the first global streaming network dedicated to LGBTQ+ content, offering a diverse library of original series, movies, and live TV channels [5][6] Technology and Innovation - Matchpoint Dispatch automates content management and delivery, capable of handling over 116,000 concurrent streams daily and saving more than 121,000 hours of operational efficiency each month [3][4] - The platform employs AI and machine learning to enhance workflows, improve accuracy, and expedite content delivery [2][4] Market Reach and Audience - Revry aims to expand its reach to LGBTQ+ audiences and allies globally, with Matchpoint's technology facilitating this growth [5][6] - The partnership allows Revry to potentially connect with a global audience exceeding one billion [3]
Cineverse Announces Blood-Curdling New Programming for Horror Streamer SCREAMBOX
Prnewswire· 2026-01-29 20:00
Core Insights - Cineverse's horror division, Bloody Disgusting, is launching the 16th season of 'Bloody Bites' on its SCREAMBOX streaming service, showcasing a diverse range of horror programming [1][3] Subscriber Growth - As of December 2025, SCREAMBOX has experienced an 18% year-over-year increase in subscribers, contributing to a 13% overall growth in Cineverse's streaming channels business [2] - Subscription revenue for Cineverse's streaming channels rose by 8% in the last quarter compared to the same period the previous year [2] Upcoming Programming - SCREAMBOX is set to release several new titles, including: - 'Bloody Bites: Season 16' featuring horror short films [4] - 'The Toxic Avenger' and 'Generation Z', both highlighting unique horror narratives [4] - 'Self Help', 'Savage Flowers', 'The Unknowable: Darkland', 'Blood Barn', 'Pig Hill', and 'The Dæmon', each offering distinct horror experiences [4] Content Variety - SCREAMBOX provides a wide array of content catering to both casual and dedicated horror fans, featuring classic films and popular series such as 'Terrifier 2' and 'Terrifier 3' [5] - The service is accessible on multiple platforms, including iOS, Android, Prime Video, and YouTube TV [5] About Bloody Disgusting - Bloody Disgusting serves as Cineverse's horror division, offering premium content across various formats, including editorial, audio, and video [6] - It operates the leading horror website and podcast network, along with a publishing arm focused on audiobooks and e-books [6] About Cineverse - Cineverse is a next-generation entertainment studio that distributes over 71,000 films, series, and podcasts, aiming to connect fans with independent stories [7] - The company utilizes advanced streaming tools and AI technology to enhance entertainment experiences and drive revenue [7]
Cineverse and GameStop Invite Fans to 'Return to Silent Hill' with Innovative Partnership featuring Mysterious Messages, Exclusive Rewards, In-Store Media & More
Prnewswire· 2026-01-14 20:02
Core Insights - Cineverse and GameStop are collaborating on an immersive marketing campaign for the film "Return to Silent Hill," set to release on January 23, 2026 [1][2] - The campaign includes digital messages and exclusive rewards for fans visiting participating GameStop locations, enhancing the connection between in-store experiences and the film's theatrical release [2][3] Company Overview - Cineverse is a next-generation entertainment studio that distributes content across various platforms, including theatrical, digital, and physical formats [7][8] - The company has a history of successful releases, including "Terrifier 3" and upcoming titles like "The Toxic Avenger" and "Air Bud Returns" [7] Film Details - "Return to Silent Hill" is a psychological horror thriller featuring actors Jeremy Irvine and Hannah Emily Anderson, with director Christophe Gans returning to the franchise [5][6] - The film is produced by Victor Hadida and financed by Davis Films and Ashland Hill Media Finance, with Cineverse handling U.S. distribution [6] Franchise Background - The SILENT HILL franchise, launched in 1999 by KONAMI, is renowned for its psychological storytelling and has made a significant impact on the horror genre through various media adaptations [10]
Cineverse Announced Leadership Team for Giant Worldwide, A Matchpoint™ Company
Prnewswire· 2026-01-12 14:00
Core Insights - Cineverse has announced the leadership team for Giant Worldwide, which was recently acquired and will be integrated into Cineverse's Matchpoint™ ecosystem [1][2] - The management team from Giant Worldwide, including key executives, will join Cineverse, reducing execution risk [2] Leadership Team - Meri Hassouni, Senior Vice President of Sales, has over 20 years of experience and has been instrumental in the company's growth from a boutique digital facility to a comprehensive service provider [3][4] - Michael Nack, Senior Vice President of Studio Operations, has more than two decades of experience in media, focusing on strategic execution and distribution across evolving platforms [5][6] - Chris Jayasinghe, Vice President of Client Management, has been pivotal in shaping project delivery and business strategy since joining Giant Worldwide in 2023 [7][8] Compensation and Incentives - The executives Hassouni, Nack, and Jayasinghe received restricted stock units (RSUs) for 20,000 shares of Cineverse's Class A Common Stock, vesting over three years [9] Company Overview - Giant Worldwide is a full-service digital studio with over 20 years of experience, specializing in the preparation, localization, quality control, and delivery of premium digital content [10][11] - Cineverse is a next-generation entertainment studio that has developed a technology suite including the Matchpoint media supply chain platform, which enhances content management and delivery [12][14]
Cineverse Acquires Giant Worldwide and Integrates Service into Matchpoint™ Platform, Bringing Deep Studio Relationships into Its Automated Media Services Ecosystem
Prnewswire· 2026-01-07 16:00
Core Insights - Cineverse has acquired Giant Worldwide, enhancing its Matchpoint™ ecosystem with established relationships with major Hollywood studios and streaming platforms [1][2][3] Company Overview - Cineverse is a next-generation entertainment studio that focuses on leveraging technology to deliver content efficiently, distributing over 71,000 premium films, series, and podcasts [17] - Giant Worldwide, now a Matchpoint Company, specializes in digital content preparation, localization, quality control, and delivery, with over 20 years of experience [18] Acquisition Details - The acquisition of Giant Worldwide is expected to add a recurring revenue base of $15-17 million and pro forma EBITDA of $3.5-$4 million for fiscal year 2027, primarily from ongoing service relationships [8][10] - The transaction is structured to be capital-efficient, requiring minimal upfront investment while providing significant recurring services revenue [10] Market Context - The global post-production and media services market is projected to reach $74 billion by 2034, growing at a CAGR of over 11%, driven by the rise of streaming platforms and global OTT distribution [6] - Despite growth, the industry remains fragmented and operationally constrained, with many services still reliant on manual workflows [6][7] Strategic Implications - The acquisition positions Cineverse to leverage Giant Worldwide's established relationships to accelerate the growth of its Matchpoint SaaS business, which is designed to transform the media services industry through AI-powered automation [10][14] - Matchpoint aims to replace labor-intensive processes with automated, AI-driven workflows, enhancing efficiency and reducing costs [4][5] Operational Capabilities - Matchpoint's platform can ingest and master over 15,000 titles per month with a small team, achieving efficiency gains of 60-70% and gross margins of 70-80% [12][13] - The platform is recognized for its ability to deliver high-quality services while meeting stringent security requirements for handling high-value content [12][13] Future Outlook - The acquisition is seen as a foundational step in Cineverse's strategy to consolidate the media services industry and drive AI-driven transformation [14] - Management anticipates strong synergies and market validation from the acquisition, with expectations for additional customer transitions to the Matchpoint platform [9]