Cineverse Added to Multiple Russell Indexes Including 3000E, Microcap, Growth, and Value Segments
Rhea-AI Summary
Cineverse (NASDAQ: CNVS), a global streaming technology and entertainment company, has announced its inclusion in multiple FTSE Russell indexes effective June 29-30, 2025. The company has been added to the Russell 3000E Index, Russell 3000E Growth Index, Russell 3000E Value Index, Russell Microcap Index, and its corresponding Growth and Value segments.
Cineverse currently distributes over 71,000 premium films, series, and podcasts through its entertainment studio platform. The inclusion in these widely-used indexes is expected to increase the company's visibility among institutional investors and index-tracking funds, which collectively benchmark approximately $18.1 trillion to FTSE Russell indexes.
[ "Inclusion in multiple prestigious Russell indexes increases visibility to institutional investors", "Company distributes over 71,000 premium content pieces across films, series, and podcasts", "Dual inclusion in both growth and value segments indicates balanced investment profile", "Company owns the highest-grossing unrated film in U.S. history" ]Positive
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News Market Reaction
On the day this news was published, CNVS gained 10.25%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Cineverse has been added to the following indexes:
- Russell 3000E® Index (Effective June 30, 2025)
- Russell 3000E® Growth Index (Effective June 30, 2025)
- Russell 3000E® Value Index (Effective June 29, 2025)
- Russell Microcap® Index (Effective June 30, 2025)
- Russell Microcap® Growth Index (Effective June 30, 2025)
- Russell Microcap® Value Index (Effective June 30, 2025)
Inclusion in these indexes expands Cineverse's visibility across a wide range of institutional investors and index-tracking funds. The Russell indexes are broadly used by asset managers and institutional investors as benchmarks for passive and active investment strategies.
"We're honored to be included in multiple Russell indexes this year, including both growth and value segments," said Chris McGurk, Chairman and CEO of Cineverse. "This distinction highlights the unique positioning of our business: strong growth momentum coupled with a value profile that we believe remains underappreciated in the broader market. As we continue scaling our wide-release theatrical slate, monetizing our technology platforms, and expanding our streaming channels, we believe there is significant upside ahead."
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 unrated film in
About FTSE Russell, an LSEG Business
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering
FTSE Russell is wholly owned by London Stock Exchange Group.
For more information, visit FTSE Russell.
CONTACTS
For Media, The Lippin Group for Cineverse
cineverse@lippingroup.com
For Investors, Julie Milstead
investorrelations@cineverse.com
Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding the Company's business strategy, growth potential, and future opportunities. These statements are based on current expectations, estimates, forecasts, and projections about the industry and markets in which the Company operates, and management's beliefs and assumptions. Forward-looking statements involve known and unknown risks and uncertainties that could cause actual results to differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to update any forward-looking statements, except as required by applicable law.
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SOURCE Cineverse Corp.