Cineverse and The Stand Group's Newly-Formed WITZ Podcast Network Launches Slate of Top-Tier Comedy Series Including Jay Mohr's 'Mohr Stories'
Rhea-AI Summary
Cineverse (NASDAQ: CNVS) and The Stand Group have launched the WITZ Podcast Network, a comedy-focused expansion of Cineverse Podcast Network. The network debuts with Jay Mohr's 'Mohr Stories' and over a dozen comedy series featuring notable personalities like Vinny Guadagnino and Cipha Sounds.
The strategic expansion aims to double podcast revenue in the next 24 months by tapping into comedy, the most popular podcasting category in the U.S. According to industry data, comedy accounts for 17% of total podcast ad spend, with U.S. podcast ad revenue projected to reach $2.6B by 2026.
The network's diverse lineup includes shows spanning interviews, sketch comedy, prank calls, celebrity impressions, and pop culture commentary, building on Cineverse's success in horror, true crime, and entertainment content.
Positive
- Goal to double podcast revenue in next 24 months
- Partnership with The Stand Group, a leading comedy brand
- Expansion into comedy, the most popular podcasting category
- Secured established talent including Jay Mohr and Vinny Guadagnino
- Leveraging existing success from top-10 podcast network
Negative
- None.
News Market Reaction
On the day this news was published, CNVS declined 2.78%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Goal to Double Podcast Revenue in Next 24 Months as Comedy Expansion Unlocks New Monetization Opportunities
More Than a Dozen Comedy Podcasts also Includes Pay Your Friends w/ Cipha Sounds, Something Went Wrong w/Vinny Guadagnino (Jersey Shore), The Stand Presents: 10 for 10 w/Kieran McCann, Featuring Laughs, Hot Takes, Celebrity Guests and More …
Available immediately as part of the network is comedian, actor, and author, Jay Mohr's Mohr Stories which features guests such as Jay Leno, Jerry O'Connell, Steph Tolev, Jim Jefferies, David Mamet, and Flavor Flav.
"I'm truly excited to start this journey with the Cineverse/WITZ team," said Mohr. "They are professional and have delivered on all of their promises and more." The Mohr Stories overall deal was brokered by Cineverse/Witz team and Mohr's longtime manager Barry Katz of Barry Katz Entertainment.
The slate also includes a plethora of shows spanning interviews, sketch comedy, prank calls, celebrity impressions, pop culture commentary and more, all designed to tap into the fast-growing comedy podcast category.
This is part of a significant expansion of Cineverse into podcasting's fastest-growing genre, building on the success of its top-10 podcast network, which has been driven by horror, true crime and entertainment content.
According to Edison Research, comedy is the most popular podcasting category in the U.S. The Interactive Advertising Bureau has reported that the genre is now more popular than news or sports, accounting for
Other shows joining the lineup include:
- Axe Lords – Guitar culture meets comedy with comedian and shredder Dave Hill, producer and best-selling author Tom Beaujour, luthier to the stars Cindy Hulej and celebrity guests.
- Bad Ass Jews – a celebration of legendary Jewish figures with bite and humor, hosted by Aaron Berg and Andrew Davidsburg.
- Big Wigs – Viral impressionists Andrea Lopez and Anna Roisman bring celebrity comedy to life.
- Ed Bassmaster Show – The longest running sketch prankster on YouTube brings his comedic talent to podcasting.
- Pay Your Friends w/ Cipha Sounds – A podcast bridging divides through humor and real connection.
- Something Went Wrong w/Vinny G.– Jersey Shore star Vinny Guadagnino explores comedy and chaos with influencers and entertainers.
- The Ken Starrz Project – Social media personality and comedian Ken Starrz, hosts original interviews, pranks, sketches and more with cohost Gastor Almonte.
- The Stand Presents: 10 for 10 – A time capsule of NYC's comedy scene, hosted by Kieran McCann with season one featuring Jim Gaffigan, Ari Shaffir, Shane Gillis, Janeane Garofalo,Aida Rodriguez and more.
Additional shows feature originals "We Don't Judge" with Ian Lara and Corey B. as well as a food series, "Sunday Supper" with youtube chef Stephen Cusato and Alexis Guerreros. Other comedic talent includes Elle Orlando, Mike Recine,, Sean Donnelly, Dan St. Germain, Danny Polishchuk, and other rising comedy voices. More podcasts, including scripted and unscripted originals, will be announced soon.
"Bringing our growth strategies from horror podcasting into comedy is a major strategic step for us," said Tom Owen, Vice President Network Strategy, Cineverse. "We have proven we can build, scale and monetize hit shows through our network, and with WITZ and the team at The Stand Group we are presenting a variety of podcasts both with established audiences, as well as new originals we plan to announce soon. Our goal is to double podcasting revenue in the next 24 months, and this slate is the start."
"The Stand Comedy Club has long stood for curating some of the best comedy in
About The Stand Group, Inc. / WITZ Comedy TV
For the last decade, The Stand has been a staple of the
About Cineverse Podcast Network
Cineverse operates a top-10 podcast network (podcasts.cineverse.com) with more than 35 audio series. It leverages owned-and-operated brands like Bloody Disgusting, Midnight Pulp and RetroCrush to deliver hit shows in horror, true crime and entertainment, and recently expanded into comedy programming with the launch of WITZ Podcast Network in partnership with The Stand Group. A growing division of the Company, the Cineverse Podcast Network generates advertising revenue from brands across key categories, including movie studios, retailers and consumer products. In its most recently reported quarter, Cineverse podcast and related revenue was up
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
Press Contact:
For Media
The Lippin Group, cineverse@lippingroup.com
For Investors
Julie Milstead, investorrelations@cineverse.com
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SOURCE Cineverse Corp.