Cineverse Corp Stock Price, News & Analysis

Cineverse (NASDAQ: CNVS) has expanded its partnership with streaming TV service Philo by launching two new FAST (free ad-supported streaming television) channels. The additions include 'Land of the Lost', a classic TV series from 1974-1977 featuring a family's survival among dinosaurs, and 'So...Real', focused on lifestyle and reality content.

These channels join Cineverse's existing portfolio on Philo, which includes Comedy Dynamics, SCREAMBOX TV, and The Bob Ross Channel, launched in 2023. Additionally, Cineverse's Fandor streaming service remains available to Philo's 'Movies & More' package subscribers. Philo offers these channels through both their free standalone service and their $28/month core subscription.

Cineverse (NASDAQ: CNVS) has acquired U.S. distribution rights to 'The Things You Kill', a psychological thriller directed by Alireza Khatami. The film, which won the Directing Award in the World Cinema Dramatic Section at Sundance 2025, will receive a theatrical release in fall 2025, followed by a digital release.

The thriller follows a university professor haunted by his mother's suspicious death who enlists his gardener in a revenge plot. The film stars Ekin Koç, Erkan Kolçak Köstendil, Hazar Ergüçlü, and Ercan Kesal.

The acquisition deal was negotiated by Brandon Hill, Executive Director of Acquisitions at Cineverse, with Charles Bin of Best Friend Forever representing the filmmakers. The film will join Fandor's existing catalog, which includes titles such as The Accident, Human Hibernation, and We Need to Talk About Kevin.

Cineverse (NASDAQ: CNVS) has expanded its credit facility with East West Bank from $7.5 million to $12.5 million, with potential expansion to $15 million. The agreement extends the term from one year to three years at an interest rate of Prime plus 1.25% (currently 8.75% with $0 balance).

The expanded credit line follows Cineverse's successful fiscal third quarter and aims to support content investments for top-line revenue growth. The non-dilutive financing strengthens the company's balance sheet while maintaining existing shareholder equity.

Cineverse (NASDAQ: CNVS) has secured exclusive streaming rights to the classic anime series 'Future Boy Conan' for its RetroCrush platform through a multi-year deal with GKIDS. The 26-episode series, marking Hayao Miyazaki's directorial debut, will stream weekly in the U.S. starting April 18, 2025.

RetroCrush, celebrating its 5th anniversary, has shown significant growth with:

• 137% increase in paid subscribers since 2021
• 2.2 million social media followers, doubled since Cineverse's acquisition

The series will also be featured in a special 'A Very Hayao Miyazaki Earth Day' marathon on RetroCrush's FAST channel. Additionally, the RetroCrush Podcast will include a weekly anime club discussing Future Boy Conan episodes, hosted by social media influencer Tha Storm. This marks Cineverse's second exclusive deal with GKIDS for RetroCrush, following Nadia: The Secret of Blue Water.

Cineverse (NASDAQ: CNVS) has strengthened its advertising sales leadership by hiring Tim Russell as Senior Vice President and promoting Terry City to Executive Vice President of Direct Advertising Sales. Russell, with 30 years of experience including roles at Sabio Holdings, Turner Broadcasting, and Comcast, will report to City.

The expansion comes after Cineverse's strongest direct ad revenue quarter, with total revenue reaching $40.7 million in Q3 FY2025, marking a 207% year-over-year increase. This growth is attributed to the company's Cineverse 360 ad platform, driving both direct and programmatic sales.

The company recently expanded its podcast sales team by hiring Laura Schumer and Ben Cabonargi as Directors of Podcast Sales for the Cineverse Podcast Network, which ranks among the top 10 podcast networks with over 35 audio series and 75 million downloads.

Cineverse (NASDAQ: CNVS) has partnered with Iconic Events Releasing for the theatrical distribution of 'The Toxic Avenger', scheduled for wide release on August 29, 2025. The unrated comedic horror film, directed by Macon Blair and starring Peter Dinklage, received critical acclaim with a 92% Rotten Tomatoes score at Fantastic Fest.

This partnership follows the successful theatrical runs of Terrifier 2 and Terrifier 3, which collectively generated over $65 million at the domestic box office. The film, a reimagining of the classic midnight movie franchise, features an all-star cast including Kevin Bacon, Elijah Wood, and Jacob Tremblay.

The story follows janitor Winston Gooze (Dinklage) who transforms into a mutant vigilante following an accident, fighting against corrupt CEOs and criminals while maintaining his relationship with his son. The film combines practical effects, irreverent humor, and commentary on corporate greed and social injustice.

Cineverse (NASDAQ: CNVS) has unveiled its Spring horror lineup for SCREAMBOX, highlighting significant subscriber growth of 18% since February. The streaming service announced several new releases, including 'ART ATTACK! The Dissection of Terrifier 3', a behind-the-scenes documentary of the box office phenomenon that grossed nearly $55 million.

The Spring slate features notable releases such as 'The Coffee Table', 'Project MKHEXE', and 'Uncontained'. Additionally, 'Bloody Bites', a series of short horror films, will stream new episodes every Friday in April and June.

Terrifier 3 has achieved remarkable success across multiple platforms, ranking #1 on Fandango's charts and securing top positions on Microsoft and iTunes. The film's physical release includes DVD, Blu-ray, and 4K UHD formats. Meanwhile, Terrifier 2 maintains its position as SCREAMBOX's most-watched film in 2024.

Cineverse (NASDAQ: CNVS) has announced a strategic partnership with The Trade Desk to integrate OpenPath with its C360 ad tech platform. The integration aims to streamline the advertising supply chain and provide advertisers with a more efficient, transparent path to ad impressions.

Through this partnership, advertisers using The Trade Desk can directly access Cineverse's digital content library and brands, enabling more targeted engagement with dedicated fandoms. The integration allows for real-time insights, campaign optimization, and improved programmatic campaign effectiveness across Cineverse's premium inventory.

According to Terry City, Cineverse SVP Advertising Sales, the OpenPath integration will create an onramp for advertisers to grow their brands with Cineverse, enabling quicker movements and faster results through their programmatic library.

Cineverse (NASDAQ: CNVS) has appointed Laura Schumer and Ben Cabonargi as Directors of Podcast Sales to lead their direct ad sales team for the Cineverse Podcast Network. The new hires bring over four decades of combined experience from major media companies including SiriusXM, Pandora, Stitcher, and Turner Broadcasting.

Schumer, previously a Sales Executive at Pandora/SiriusXM for nine years, and Cabonargi, former Director of Revenue Partnerships at SiriusXM, will manage advertising sales for Cineverse's portfolio of more than 35 audio series with over 75 million downloads. Both will report to Terry City, SVP of Direct Advertising Sales.

The company's podcast division has shown strong growth, with podcast and related revenues increasing 39% year-over-year in the most recent quarter. The network recently expanded its content offering by adding shows like Creepy Places: A True Crime Podcast, RetroCrush, and Midnight Pulp, while also partnering with The Stand Group to launch WITZ Podcast Network for comedy programming.