Cineverse Corp Stock Price, News & Analysis

Cineverse (NASDAQ: CNVS) has announced that its Bloody Press publishing brand will release a novelization of horror film Terrifier 3 in 2025. The book will be written by Tim Waggoner, who previously authored the successful Terrifier 2 novelization which sold over 8,000 copies.

The announcement follows Bloody Press's successful entry into publishing, with their first release demonstrating strong fan engagement. The company's VP Network Strategy, Tom Owen, emphasized their strategy of reaching fans through various mediums including novelizations, merchandise, and podcasts.

Waggoner, a four-time Bram Stoker Award winner, will adapt the story following Art the Clown's Christmas-themed terror campaign against Sienna and her brother. Both Terrifier 2 and Terrifier 3 films are currently available for streaming on SCREAMBOX.

Cineverse (NASDAQ: CNVS) reported strong Q3 FY2025 results, with total revenue reaching $40.7 million, a 207% increase from the previous year. The company achieved net income of $7.2 million and Adjusted EBITDA of $10.8 million, primarily driven by the success of Terrifier 3, which grossed over $54 million at the domestic box office.

The company maintains a strong financial position with $13 million in cash and no debt, with zero draw on their $7.5 million credit line. Monthly viewership across their channel portfolio increased 47%, while podcast revenues grew 39%. The company's direct operating margin stood at 48%, within their target range of 45-50%.

Looking ahead, Cineverse has announced several upcoming theatrical releases, including Silent Night Deadly Night, The Toxic Avenger, and Wolf Creek: Legacy, leveraging their successful marketing strategy demonstrated with Terrifier 3.

Cineverse (NASDAQ: CNVS) and its horror division Bloody Disgusting have acquired North American rights to Wolf Creek: Legacy, the third installment of the slasher franchise. The film, set to begin filming this year with a planned theatrical release in fall 2026, will feature John Jarratt reprising his role as Mick Taylor.

The movie will be directed by Sean Lahiff and produced by franchise creator Greg McLean alongside Bianca Martino. The plot follows American tourists whose children become stranded and hunted in the Australian wilderness after their parents sacrifice themselves. The production team includes notable producers Jeremy Bolt (Resident Evil franchise) and Kristian Moliere (The Babadook).

Cineverse (CNVS) has extended its partnership with Davis-Panzer Productions, securing digital rights to multiple titles from the Highlander franchise and other catalog content. The multi-year, multi-territory agreement includes rights to nine movie and television series titles for Cineverse's streaming services and other digital platforms.

The deal encompasses the original Highlander film, all six seasons of Highlander: The Series, Highlander: The Raven, and additional Davis-Panzer productions including Cat Chaser, O'Hara's Wife, The Osterman Weekend, St. Helens, and Steel. This announcement comes as Lionsgate develops a major Highlander reboot starring Henry Cavill and directed by Chad Stahelski.

Cineverse Corp (NASDAQ: CNVS) has announced it will release its third quarter fiscal 2025 financial results on Thursday, February 13, 2025, after market close. The company will host a conference call to discuss the results at 4:30 p.m. ET/1:30 p.m. PT on the same day.

The conference call will be accessible via phone using specific dial-in numbers for United States and Canada, with an access code of 698216. Additionally, investors can join through a webcast available on the company's investor relations website. A recording of the call will be made available shortly after its conclusion.

Cineverse (Nasdaq: CNVS) has announced its Valentine's Day content lineup across multiple streaming channels. Following Dove Channel's record-breaking Merry Krismass campaign, the platform is launching its Love Language initiative with 12 new ReelOne titles. SCREAMBOX will premiere Terrifier 3 on Valentine's Day with a special $2.99 subscription offer.

The company is rolling out themed content across various channels including Comedy Dynamics, Fandor, Midnight Pulp, RetroCrush, and others. Each channel will feature specially curated content ranging from romantic comedies to horror, anime, and reality shows. The programming strategy aims to cater to different audiences with diverse content preferences during the Valentine's season.

hoopla Digital has expanded its partnership with Cineverse (CNVS) by launching five new BingePasses on its digital platform. The new additions include AsianCrush, RetroCrush, Midnight Pulp, Fandor, and Dove Channel, offering library patrons access to thousands of diverse video content selections.

The expanded partnership builds on their existing relationship since 2013, with Cineverse currently providing over 1,000 movies and 2,500 TV episodes through hoopla's pay-per-use model. The new BingePasses will be available ad-free for seven days with just one borrow using a valid library card.

hoopla's platform is accessible in nearly 10,000 public libraries across the U.S., Canada, Australia, and New Zealand. The service now offers 30+ BingePasses, reinforcing its commitment to providing free content to library patrons.

Cineverse (NASDAQ: CNVS) announced the premiere of 'The Joy of Painting with Nicholas Hankins: Bob Ross' Unfinished Season' on The Bob Ross Channel starting February 3. The 13-episode series features certified Bob Ross instructor Nicholas Hankins completing Ross' final paintings, with new episodes airing Mondays at 6 pm ET on the free ad-supported streaming television channel.

To celebrate the premiere and International Painters Day, Cineverse will host a live paint-along with Hankins on TikTok in collaboration with Pluto TV and Bob Ross Inc. The Bob Ross Channel, launched in April 2020, has become one of Cineverse's top FAST channels, with viewers consuming nearly 3 billion minutes of content in 2024, an 11% increase from the previous year.

The series will be available across multiple platforms including Pluto TV, Samsung TV+, Prime Video, DirecTV, Tubi, Vizio, Sling, and GoogleTV, powered by Cineverse's Matchpoint technology.

Cineverse (NASDAQ: CNVS) has expanded its partnership with Fubo (NYSE: FUBO) to distribute new FAST (free, ad-supported streaming television) channels. The agreement includes the immediate launch of Dog Whisperer with Cesar Millan and Go Pro Channel, with So... Real coming soon to all Fubo's English-language channel plans.

These channels join existing Cineverse networks on Fubo, including The Bob Ross Channel, Comedy Dynamics, Dove Channel, and RetroCrush. The Dog Whisperer channel features the award-winning show that once attracted over 10 million weekly viewers. The Go Pro Channel offers first-person action sports content, while So... Real will showcase reality programming from the UK & Australia.