Cineverse Corp Stock Price, News & Analysis

Cineverse Corp. (NASDAQ: CNVS) announced that its executives, Tony Huidor (CTO & COO) and Erick Opeka (President & CSO), will speak at the Google Cloud Live event in New York City on October 8, 2024. They will showcase cineSearch, the company's AI-powered content discovery tool, highlighting its development journey and collaboration with Google Cloud.

cineSearch features Ava, an AI chatbot that personalizes content suggestions through analysis of viewing habits. The tool uses generative AI to analyze millions of titles at the frame-level, offering precise recommendations. Cineverse, with 20 years of innovation in media and entertainment, leverages advanced technology to enhance content engagement and monetization, boasting one of the largest collections of independent films, series, and podcasts.

Cineverse Corp. (NASDAQ: CNVS) has launched its Yu-Gi-Oh! free ad-supported streaming television (FAST) channel on LG Channels, available on LG Smart TVs from 2016 and newer. The channel offers nearly 400 hours of content, including popular series like Yu-Gi-Oh! Duel Monsters and Yu-Gi-Oh! SEVENS, as well as the movie Yu-Gi-Oh! The Dark Side of Dimensions.

Marc Rashba, Executive VP of Partnerships at Cineverse, highlighted the channel's growth, noting a 368% increase in minutes viewed in July compared to its May launch on another platform. The channel will feature special programming stunts, such as the recent Labor Day marathon and the upcoming Duel-O-Ween Halloween event.

This expansion provides Yu-Gi-Oh! fans with more access to the franchise's content while offering advertisers a highly engaged audience.

Terrifier 3, the highly anticipated horror film, premiered at Fantastic Fest 2024 in Austin, TX, receiving overwhelming praise from critics and fans. Following the shocking reactions to its predecessor, early buzz suggests Terrifier 3 could push audiences even further with its unapologetic violence and graphic kills. The film follows Art the Clown's reign of terror on Christmas Eve in Miles County, with returning cast member Lauren Lavera reprising her role as Sienna Shaw.

Early reviews describe the film as a "blood-soaked triumph" and "the most disgusting, vile film of the trilogy." Cineverse executives expect Terrifier 3 to exceed the performance of Terrifier 2, which grossed over $15 million globally on a $250,000 budget. The film is set for a nationwide release on October 11, 2024, distributed by Cineverse (NASDAQ: CNVS) and its horror division, Bloody Disgusting.

Cineverse Corp. (NASDAQ: CNVS) has earned industry recognition for its innovative Matchpoint™ technology. The company has been named a finalist in the Technology Innovation in Content Delivery category at the 4th Annual EnTech Awards, organized by the Digital Entertainment Group (DEG). The awards ceremony will take place on October 1 in Los Angeles.

Additionally, Cineverse received the 2024 Innovation Award at the Next TV Summit on September 10 in New York City. Tony Huidor, CTO and COO of Cineverse, accepted the award and participated in a panel discussion on content bundling.

Matchpoint™, Cineverse's proprietary technology suite, powers the company's entire streaming business and has been instrumental in addressing the challenges of operating multiple streaming services in a rapidly evolving industry.

Cineverse Corp. (NASDAQ: CNVS) has fully integrated LiveRamp's Authenticated Traffic Solution into its Matchpoint™ OTT platform. This cookieless infrastructure enhances data security and accuracy for Cineverse's advertisers and will be available to all Matchpoint™ customers. The integration allows advertisers to leverage first-party data for improved targeting, personalization, and measurement across Cineverse's platforms and LiveRamp's authenticated ecosystem.

Key benefits include:

• Use of LiveRamp's RampID for secure, pseudonymous transactions
• Enhanced ability to reach authenticated audiences at scale
• Improved personalization without compromising user privacy
• Stronger performance signals for advertisers

This integration aligns with Cineverse's commitment to technological innovation and privacy-centric advertising solutions, positioning it as a leader in the rapidly evolving CTV sector.

Cineverse Corp. (NASDAQ: CNVS) and its horror division, Bloody Disgusting, have released the official trailer and key art for Terrifier 3. The film is set for a world premiere at Fantastic Fest 2024 and a theatrical release on October 11th. Tickets are now available at terrifier3.com.

The trailer garnered over 7 million views on YouTube in its first 24 hours. The film continues the story of Sienna and her brother as they face Art the Clown's return during the Christmas season. Starring David Howard Thornton and Lauren Lavera, the movie is written and directed by Damien Leone.

Terrifier 2, released in 2022, was a micro-budget production that generated over $15 million at the global box office. Terrifier 3 is expected to be bigger and scarier, with plans for a wide release across all platforms, including Cineverse's SCREAMBOX horror streaming service.

Cineverse (NASDAQ:CNVS), a pioneer in the FAST industry, has partnered with Frequency to distribute its top FAST channels worldwide. This collaboration will enable Cineverse to deliver its extensive library of over 70,000 premium films, series, and podcasts to more than 25 platforms, reaching tens of millions of streaming viewers globally.

Cineverse will utilize Frequency's Studio platform for channel creation, playout, and distribution, enhancing content delivery methods and viewer engagement across its channels. The partnership also includes making Cineverse's Matchpoint advanced video-on-demand platform available across the Frequency network, offering reduced operational costs and extensive distribution to customers.

This strategic move positions Cineverse for significant growth in the streaming market, allowing for rapid channel deployment, worldwide distribution, and enhanced viewer monetization through advanced advertising technology.

Cineverse Corp. (NASDAQ: CNVS) has announced that its Dog Whisperer With Cesar Millan FAST channel is now streaming on VIZIO (NYSE: VZIO) Smart TVs. The channel is available on VIZIO WatchFree+ (ch. 1003), providing free 24/7 access to over 160 episodes from all nine seasons of the popular animal training series. This expansion allows Cineverse to reach millions of VIZIO users and broaden access for advertisers to new audiences.

The Dog Whisperer series, featuring Cesar Millan helping owners with behaviorally challenged pets, debuted in 2004 on National Geographic Channel. It became Nat Geo's most popular series for six years, attracting up to 10 million viewers per week and celebrity appearances. By 2010, the show had entered syndication via FOX and expanded to over 80 countries internationally.

Cineverse Corp. (NASDAQ: CNVS) has announced a partnership with Wurl, to distribute and expand its free, ad-supported streaming television (FAST) channels. This collaboration will streamline channel launches through integration with Cineverse's Matchpoint platform and enhance monetization opportunities. Cineverse will migrate most of its existing FAST channels to Wurl's Global FAST Pass, including The Bob Ross Channel, Barney, and Real Madrid Channel. The partnership aims to benefit from:

• Easier channel launches
• Reduced costs
• Stronger ad monetization
• Future personalization and discoverability tools

Wurl's Global FAST Pass reaches over 173 million connected TVs monthly across more than 50 streamers worldwide, offering simplified monetization and data insights for content optimization and increased revenue.