Cineverse Acquires Exclusive Rights to Guillermo del Toro's Master Creation, Pan's Labyrinth; Plans for 2026 Premium Format Re-Release in Theaters to Celebrate 20th Anniversary

Rhea-AI Summary

Cineverse (NASDAQ: CNVS) acquired all North American distribution rights to Guillermo del Toro's Oscar-winning film Pan's Labyrinth and plans a 2026 premium wide-format theatrical re-release to mark the film's 20th anniversary. The multi-year deal covers theatrical, home entertainment, VOD, streaming and development of additional original content including podcasts.

The film won 3 Academy Awards, holds a 95% Rotten Tomatoes Tomatometer, and has amassed 106 wins from 115 nominations. Cineverse named Yolanda Macias and CEO Chris McGurk as lead executives promoting the theatrical and home rollout.

Positive

• All North American distribution rights acquired for Pan's Labyrinth
• 2026 premium wide-format theatrical re-release to mark the 20th anniversary
• Rights include theatrical, home entertainment, VOD, streaming and original content development

Negative

• No purchase price disclosed for the multi-year North American rights

The multi-year deal includes all North American distribution rights to the Oscar-winning phenom, with plans also including a premium wide-format release, podcasts and additional original content

LOS ANGELES, Nov. 5, 2025 /PRNewswire/ -- Cineverse (NASDAQ: CNVS), a next-generation entertainment studio, has announced today the acquisition of Pan's Labyrinth, Guillermo del Toro's wildly successful, Oscar-winning film. The announcement was made ahead of the film's 20th Anniversary in 2026, when Cineverse plans to re-release it in theaters.

Pan's Labyrinth (trailer) The film takes place in 1944, in the aftermath of the Spanish Civil War. Young Ofelia and her pregnant mother have been brought to live in the countryside, where her brutal stepfather Captain Vidal's job is to wipe out the remaining rebels camped in the local forest. Nearby, in a hidden labyrinth, Ofelia meets an ageless Faun, who tells her that she is really a princess from an enchanted world. He gives her three tasks which she must complete in order to reclaim her rightful place. As her mother's failing health threatens the life of her unborn child, Ofelia undertakes a quest to complete the Faun's tasks. Written and directed by del Toro, and produced by his company, Tequila Gang, the film stars Ivana Baquero, Maribel Verdu (Y tu mama tambien), Doug Jones (Hellboy II), and Sergi Lopez (Dirty Pretty Things).

Guillermo del Toro remarked, "Pan's Labyrinth turns 20 years old and in Cineverse we have found the perfect partner to make it live again on the big screen and in new and improved home presentations. Cineverse is committed and bold and their track record for reaching a maximum audience is magnificent. Together we will reconnect the generations that have shared the film through the years and long to experience it theatrically again." 

The film was nominated in six categories at the 79th Academy Awards (2007) and took home three Oscar wins – in the Best Achievement in Cinematography, Best Achievement in Art Direction and Best Achievement in Makeup categories. Across all awards, the film has received 106 wins from 115 nominations. It also earned critical acclaim, including top film of 2006 by the legendary Roger Ebert, and was Certified Fresh by Rotten Tomatoes with a 95% Tomatometer score.

"Partnering with Guillermo del Toro and his team around this masterpiece is a dream come true," said Cineverse Chief Motion Pictures Officer Yolanda Macias. "We can't wait to bring it back to theaters for fans to enjoy it as they did 20 years ago, and to find exciting and creative ways to introduce the film to new audiences who will be discovering this amazing cinematic story for the first time." 

The deal includes all North American distribution rights to Pan's Labyrinth, which Cineverse plans to release not only in theaters – including in a premium wide-format – but also home entertainment, VOD and streaming, plus develop additional original content including podcasts.

Added Cineverse Chairman and CEO Chris McGurk, "Guillermo del Toro is a filming genius. I have always been in awe of his creative vision and could not be more pleased to have Cineverse partnering with him to bring Pan's Labyrinth back to film audiences in new premium theatrical formats to celebrate the film's 20th anniversary."

The deal was negotiated by Macias and Gary Loffredo on behalf of Cineverse with Robert Newman (WME), Gary Ungar (Exile Entertainment) and George Hayum (Hirsch, Wallerstein, Hayum, Matlof and Fishman) representing del Toro.

About Cineverse Motion Pictures Group
Cineverse super-serves passionate audiences by distributing content across all windows and platforms, from theatrical to digital to physical. Following the breakout box office success of Terrifier 3, and August 2025 release of The Toxic Avenger, additional upcoming titles include the theatrical franchise returns of Silent Night, Deadly Night (December 12, 2025) and Return to Silent Hill (January 23, 2026). Also on Cineverse's slate is Wolf Creek: Legacy and the company's first kids and family theatrical release, Air Bud Returns.

About Cineverse 

Cineverse (Nasdaq: CNVS) is a next-generation entertainment studio that empowers creators and entertains fans with a wide breadth of content through the power of technology. It has developed a new blueprint for delivering entertainment experiences to passionate audiences and results for its partners with unprecedented efficiency, and distributes more than 71,000 premium films, series, and podcasts. Cineverse connects fans with bold, authentic, independent stories. Properties include the highest-grossing non-rated film in U.S. history; dozens of streaming fandom channels; a premier podcast network; top horror destination Bloody Disgusting; and more. Powering visionary storytelling with cutting-edge innovation, Cineverse's proprietary streaming tools and AI technology drive revenue and reach to redefine the next era of entertainment. For more information, visit home.cineverse.com.

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/cineverse-acquires-exclusive-rights-to-guillermo-del-toros-master-creation-pans-labyrinth-plans-for-2026-premium-format-re-release-in-theaters-to-celebrate-20th-anniversary-302605727.html

SOURCE Cineverse Corp.

FAQ

What rights did Cineverse acquire for Pan's Labyrinth (CNVS) on Nov 5, 2025?

Cineverse acquired all North American distribution rights, including theatrical, home entertainment, VOD and streaming.

When will Cineverse re-release Pan's Labyrinth in theaters (CNVS)?

Cineverse plans a 2026 theatrical re-release in a premium wide-format to celebrate the film's 20th anniversary.

Will Cineverse (CNVS) release Pan's Labyrinth beyond theaters?

Yes — the deal covers home entertainment, VOD, streaming and development of additional original content and podcasts.

How acclaimed is Pan's Labyrinth, the film Cineverse acquired (CNVS)?

The film won 3 Academy Awards, has 106 wins from 115 nominations, and a 95% Rotten Tomatoes Tomatometer score.

Who led Cineverse's negotiations for the Pan's Labyrinth deal (CNVS)?

The deal was negotiated by Cineverse executives Yolanda Macias and Gary Loffredo.

Did Cineverse disclose the purchase price for Pan's Labyrinth (CNVS)?

No purchase price or financial terms were disclosed in the announcement.