Cineverse Corp. reports news on its entertainment technology and studio business, including streaming channel launches, content-distribution partnerships and updates to its Matchpoint® technology ecosystem. The company operates owned and operated digital properties, distributes films, series and podcasts across theatrical, home entertainment and streaming channels, and uses Matchpoint to prepare, deliver, monetize and analyze video assets across FAST, AVOD, SVOD and connected-TV platforms.
Recurring developments include new fandom-focused channels, platform distribution agreements, programmatic advertising and audience-network initiatives, social-video monetization, media supply-chain services through Giant Worldwide, and product announcements such as Matchpoint Hex™ for classification, discovery, programming and contextual advertising. Corporate updates also include leadership changes and capital-market activity tied to its public-company structure.
Cineverse (Nasdaq: CNVS) and Witz Comedy Network announced The Ed Bassmaster Channel, which debuted on Vizio WatchFree+ on September 30.
The streaming channel pairs new weekly episodes of The Ed Bassmaster Show with over 100 episodes of library content. Programming includes character sketches, pranks and interviews with collaborators including Steve-O and Trailer Trash Tammy. Witz Comedy Network will also provide exclusive content from its library and Bassmaster's collaborators.
Cineverse (CNVS) has reached an agreement with creator Trevor Henderson to adapt the horror podcast Mayfair Watchers Society into a feature film. The podcast has recorded more than three million downloads since its October 10, 2022 debut, and its fourth season is set to launch soon on the Cineverse Podcast Network.
The planned film will use a found-footage anthology format, bringing different creatures and stories from the podcast to the screen. Henderson will serve as a producer and join the writing team. Development and selection of directing and writing teams remain ahead, with Henderson planning a hands-on role.
Cineverse (Nasdaq: CNVS) has launched German Soccer Network in the United States, available exclusively on LG Channels in English.
Created in partnership with DFB, the German Football Federation, the 24/7 channel is free and supported by advertising. It will carry live German soccer matches, including DFB-Pokal coverage beginning with the second round on October 27 and 28 and continuing through the May final. Its programming will also include live matches featuring Germany's third division, 3. Liga, and the German Women's National Team. Matches will air periodically throughout the year.
Cineverse (CNVS) has added subscription video-on-demand access to its SCREAMBOX and Dove Channel streaming services on DIRECTV. SCREAMBOX offers horror films and series, with content refreshed monthly from Cineverse's genre library. Dove Channel offers romance films and series, including holiday-themed programming. Both services are now available to DIRECTV customers.
Cineverse (CNVS) launched eight video podcasts on Amazon Fire TV, alongside several free, ad-supported streaming channels.
This is Cineverse's first major distribution of ad-supported video podcasts. The lineup includes Bad Movies Rule!, Mohr Stories with Jay Mohr and The Stand Comedy Club Presents: 10 for 10. Channels now available on Fire TV include The Bob Ross Channel and Dog Whisperer with Cesar Millan.
Cineverse (Nasdaq: CNVS) announced that its anime streaming service RetroCrush has secured streaming rights from VIZ Media to a slate of classic anime films and series. The deal brings movies from BLEACH, Hunter x Hunter, Pretty Guardian Sailor Moon, and NARUTO, plus series such as Captain Tsubasa, Hikaru no Go, Accel World, and Vampire Knight to the RetroCrush SVOD app for the first time.
According to Cineverse, this marks RetroCrush’s first acquisition of content from these major franchises and expands its focus on Golden Age anime. RetroCrush, which already offers more than 200 series and features, is available as a standalone app, SVOD option on multiple platforms, and as a FAST channel on services including Fubo, Philo, The Roku Channel, Samsung TV Plus, and others.
Cineverse (NASDAQ: CNVS) reported Q1 FY 2027 revenue of $30.6 million, up 175% from $11.1 million a year earlier, mainly from newly acquired Advertising Technology ($15.9 million) and Media Services ($3.5 million). More than 60% of total revenue was technology-related.
Adjusted EBITDA was $0.5 million, a $2.6 million year-over-year improvement, while net loss attributable to common shareholders widened to $5.8 million ($0.28 per share). Direct operating margin fell to 35% from 57%, reflecting revenue share and Media Services mix, and SG&A rose 30% to $11.6 million.
Cash was $4.3 million with $1.1 million available under a $12.5 million credit line; working capital stood at negative $18.9 million, including $18 million of deferred and earnout consideration from the IndiCue acquisition that may be settled in stock. Streaming usage reached a record 4.5 billion minutes, up 33% year over year, with 1.52 million SVOD subscribers, also up 12%. The company reaffirmed FY 2027 guidance of $115–$120 million in revenue and $10–$20 million in adjusted EBITDA and expanded its identified annualized cost reductions and synergies program to $13 million.
Cineverse (Nasdaq: CNVS) launched VAUDIO™, a proprietary ad-tech product that converts existing podcast, radio or streaming-audio ads into CTV-ready spots by adding lightweight visuals, avoiding traditional video shoots. The solution is offered through Cineverse's ad solutions group and runs on IndiCue's existing CTV ad infrastructure within the Matchpoint® ecosystem.
According to Cineverse, VAUDIO™ helps brands extend audio campaigns into addressable CTV while helping media owners and platforms unlock new ad formats, improve viewer experience and increase inventory fill. Management believes VAUDIO™ can ultimately contribute up to $12 million in annual revenue at a 15–20% contribution margin and is targeting that run-rate by fiscal year-end. Launch advertising partners include A24, Aura Entertainment, NEON, Signature Entertainment and Well Go USA.
Cineverse (Nasdaq: CNVS) will release its financial results for the first quarter of fiscal year 2027, covering the period ended June 30, 2026, after the market closes on Thursday, August 13, 2026. The company will host a conference call to discuss these results at 4:30 p.m. ET / 1:30 p.m. PT the same day.
The call will be accessible via the Cineverse Investor Relations website on a listen-only basis, with advance registration required to participate in the live call. An audio replay will be available shortly after the event in the Events and Presentations section of the Investor Relations site. Cineverse describes itself as an entertainment technology company and studio built around its AI-powered Matchpoint ecosystem and a library of more than 66,000 premium films, series, and podcasts.
LG Electronics and Cineverse (Nasdaq: CNVS) have launched the Bob Ross Gallery Collection on the LG Gallery+ platform, allowing LG Art TV owners to display Bob Ross landscape paintings at home. Gallery+ now includes Ross’ works alongside more than 5,000 other classical, contemporary and digital artworks.
According to LG Electronics, LG Art TV users can access Bob Ross pieces with a three-month free trial of LG Gallery+ premium, subject to subscription and payment registration. The nonstop Bob Ross Channel, featuring nearly 400 episodes of “The Joy of Painting,” remains available as a FAST channel on LG Channel 588, operated by Cineverse in partnership with Bob Ross Inc. and American Public Television.