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Cineverse Corp. - $CNVS STOCK NEWS

Welcome to our dedicated page for Cineverse news (Ticker: $CNVS), a resource for investors and traders seeking the latest updates and insights on Cineverse stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cineverse's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cineverse's position in the market.

Rhea-AI Summary

BondIt Media Capital has formed a new co-financing partnership with Cineverse (NASDAQ: CNVS) for film distribution. The partnership will be used as a model for future Cineverse film projects. The first project under this financing is the distribution of Terrifier 3, a sequel to the successful Terrifier 2, set to release in October 2024. BondIt and Cineverse closed the financing deal to support Cineverse's distribution rights for Terrifier 3 in April 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.88%
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partnership
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Rhea-AI Summary

Cineverse, a streaming technology and entertainment company, has launched cineSearch, an AI-powered content search and discovery service. The platform, available in public Beta, features Ava, an AI video adviser, providing personalized recommendations to make choosing what to watch quick and enjoyable. For viewers, cineSearch offers fast access to a vast library of movies and TV shows, reducing decision time. The service aims to enhance user engagement, reduce subscriber churn, and improve monetization for streaming platforms and device makers. By leveraging AI and partnerships with industry leaders, cineSearch looks to revolutionize how audiences interact with content.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.94%
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AI
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Rhea-AI Summary

Cineverse and Bloody Disgusting announced that Terrifier 3 will premiere in theatres on October 11th, two weeks earlier than planned. The film, directed by Damien Leone and Phil Falcone, features Art the Clown causing chaos in Miles County on Christmas Eve. The franchise has gained massive success and buzz, with Terrifier 2 earning over $15 million at the box office and receiving critical acclaim.

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Rhea-AI Sentiment
End-of-Day
-1.86%
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none
Rhea-AI Summary
DIRECTV partners with Cineverse and Scripps Networks to add seven new channels to its streaming lineup, including popular options like The Bob Ross Channel, Comedy Dynamics, and Dog Whisperer with Cesar Millan. The addition of Court TV and Scripps News further enhances the entertainment options for DIRECTV customers, with plans for more channels in the future. This move solidifies DIRECTV's commitment to offering diverse content across various genres.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
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Rhea-AI Summary
Cineverse Corp. (NASDAQ: CNVS) expands its reach by launching AsianCrush and RetroCrush on Comcast's Xfinity and Xumo streaming devices, offering pan-Asian entertainment and classic anime titles to millions of new households in the US. The subscription video on demand (SVOD) services are now available on Xfinity X1, Xfinity Flex, Xumo Stream Box, and Xumo TV, joining other popular Cineverse channels like Docurama, Dove Channel, Fandor, Midnight Pulp, and Screambox. The move signifies Cineverse's commitment to delivering diverse content to a wider audience, leveraging its Matchpoint platform for continued growth and popularity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.98%
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none
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Rhea-AI Summary
Cineverse (CNVS) partners with Vionlabs and Datatonic to create cineSearch, a revolutionary AI search and discovery tool for film and TV content, powered by Google Cloud's Gen AI technology. The tool promises a personalized movie-watching experience through advanced AI capabilities, detailed metadata, and natural language searches. The collaboration aims to reshape entertainment by offering immersive and tailored recommendations across various genres and eras.
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Rhea-AI Summary
Cineverse (CNVS) partners with Iconic Events Releasing for the theatrical distribution of Terrifier 3, following the success of Terrifier 2 which grossed over $15 million globally. The film is set for a Q4 2024 release nationwide, building on the viral success of its predecessor. Terrifier 3 promises to continue the horror franchise with returning cast members and a thrilling storyline, generating significant buzz and anticipation.
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Rhea-AI Summary
Cineverse (CNVS) partners with Gracenote to enhance cineSearch's Ava Chatbot, revolutionizing content search and discovery in the streaming industry. The integration of industry-leading metadata aims to solve the issue of viewers struggling to find what to watch, providing personalized recommendations and real-time updates across multiple streaming services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.71%
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AI
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Rhea-AI Summary
Cineverse Corp. (CNVS) partners with Network 10 to bring Crime Hunters and Comedy Dynamics channels to 10 Play's 'Live TV with Pluto TV' lineup. The deal expands 10 Play's FAST channel library, offering diverse entertainment options to Australian audiences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.1%
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none
Rhea-AI Summary
Cineverse (CNVS) extends partnership with Konami Cross Media NY, Inc. to distribute Yu-Gi-Oh! anime series, solidifying its position in the streaming anime landscape. The deal includes new series and films, expanding distribution on various platforms and channels. RetroCrush, Cineverse's leading independent streaming anime channel, sees significant growth in audience and engagement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.62%
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Cineverse Corp.

Nasdaq:CNVS

CNVS Rankings

CNVS Stock Data

11.06M
11.21M
15.68%
8.26%
2.3%
Motion Picture and Video Production
Information
Link
United States of America
NEW YORK

About CNVS

cinedigm powers custom content solutions to the world’s largest retail, media and technology companies. we provide premium feature films and series to digital platforms including itunes, netflix, and amazon, cable and satellite providers including comcast, dish network and directv, and major retailers including walmart and target. leveraging cinedigm’s unique capabilities, content and technology, the company has emerged as a leader in the fast-growing over-the-top channel business, with four channels under management that reach hundreds of millions of devices while also providing premium content and service expertise to the entire ott ecosystem. cinedigm is publicly traded - nasdaq: cidm