AFM: Cineverse to Bring the Holiday Fear With Reimagining of 'Silent Night, Deadly Night'
Rhea-AI Summary
Cineverse (NASDAQ: CNVS) has acquired global rights to a new Silent Night, Deadly Night film, a reboot of the controversial 1984 Santa slasher franchise. The film will be written and directed by Mike P. Nelson, with original executive producers Scott Schneid and Dennis Whitehead returning alongside Jamie R. Thompson. The project is scheduled for late 2025 theatrical release. Brandon Hill and Brad Miska will oversee for Cineverse and executive produce with Erick Opeka and Yolanda Macias. The original 1984 film gained notoriety when parents protested its release, leading to its removal from theaters and subsequent cult classic status.
Positive
- Acquisition of global rights to a potentially valuable horror franchise
- Strategic timing capitalizes on current strong demand for independent horror films
- Multiple revenue streams potential: theatrical, home entertainment, and streaming
Negative
- None.
Insights
The acquisition of global rights to a new Silent Night, Deadly Night film represents a strategic but modest opportunity for Cineverse. While horror films typically offer favorable ROI due to low production costs and dedicated fan bases, several factors warrant consideration:
Key Analysis Points:
- Horror films have demonstrated strong theatrical performance in 2023, suggesting market demand
- The original film's controversial history could generate marketing buzz
- The involvement of original producers adds credibility
- Late 2025 release timing allows for proper marketing buildup
However, given Cineverse's small market cap of
Next-Gen Studio's Horror Division Bloody Disgusting Acquires Global Rights to Franchise's Newest Film, Written and Directed by Mike P. Nelson
A reboot of the franchise, written and directed by Mike P. Nelson (Wrong Turn, V/H/S/85) and produced by Scott Schneid and Dennis Whitehead, executive producers of the original 1984 Tri-Star film, alongside Jamie R. Thompson, the new film goes into production soon. It is currently slated for a late 2025 theatrical release.
Brandon Hill & Brad Miska (Terrifier 3) will oversee for Cineverse and will executive produce alongside Erick Opeka and Yolanda Macias.
"I have always been a huge fan of Silent Night, Deadly Night and can't wait to bring Mike's vision to fellow fans of iconic slashers," said Cineverse Executive Director, Acquisitions, Brandon Hill. "As we have seen this year, there continues to be incredible demand for independent horror films with bite, and we believe this can deliver strong audiences from theatrical to home entertainment and streaming."
Said Nelson, "The opportunity to work with producers involved with the original Silent Night, Deadly Night and to partner with the Terrifier 3 team is an honor. I'll never forget walking into the video store at the mini mall when I was 5 and seeing that poster for the original film. I was in awe and started imagining what horrifying things would happen. To be a part of the film's legacy many years later is insane! I'm looking forward to getting production underway, and unleashing my new take on this compelling story. Billy is back!"
When it was released in 1984, the first Silent Night, Deadly Night quickly became the most controversial movie of the year. In a series of letters (some which can be read at BloodyDisgusting.com), parents demanded the film be pulled from theaters. According to Bloody Disgusting, Tri-Star, the film's original distributor, "responded to all the outrage by doing just that – an act that would ensure SNDN's place in the halls of horror film infamy. In an instant, Silent Night, Deadly Night transformed from just another slasher film to a veritable cult classic, the very people who sought to banish it from existence serving to make it one of the most must-see horror films of the entire decade."
The deal was negotiated by Hill on behalf of Cineverse and Kevin Mills, Esquire of Kaye & Mills, on behalf of Schneid and Whitehead and Wonderwheel Entertainment.
ABOUT CINEVERSE
On a mission to uplift storytellers and entertain fans with the power of technology, Cineverse (NASDAQ: CNVS) distributes over 71,000 premium films, series, and podcasts. Engaging over 150 million unique monthly users, Cineverse delivers more than one billion minutes of curated content each month – connecting fans with stories that resonate.
With properties like the box office sensation, Terrifier 3, iconic horror destination, Bloody Disgusting, the Bob Ross Channel, women's entertainment channel Dove, and a leading podcast network, Cineverse is the first stop for audiences seeking authentic and experiential content. From a vibrant range of content and fandom channels, to next-gen advertising offerings and streaming solutions, Cineverse is setting the stage for a new era of entertainment.
Press Contacts:
For Media
The Lippin Group for Cineverse, cineverse@lippingroup.com
For Investors
Julie Milstead, investorrelations@cineverse.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/afm-cineverse-to-bring-the-holiday-fear-with-reimagining-of-silent-night-deadly-night-302300190.html
SOURCE Cineverse Corp.
FAQ
When will Cineverse (CNVS) release the new Silent Night, Deadly Night movie?
Who is directing the new Silent Night, Deadly Night film for Cineverse (CNVS)?
What distribution rights has Cineverse (CNVS) acquired for Silent Night, Deadly Night?
