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Cineverse Corp. - CNVS STOCK NEWS

Welcome to our dedicated page for Cineverse news (Ticker: CNVS), a resource for investors and traders seeking the latest updates and insights on Cineverse stock.

Cineverse Corp. (NASDAQ: CNVS) is a pioneering streaming technology and entertainment company, specializing in the distribution and creation of premium content. Leveraging a state-of-the-art proprietary technology platform, Cineverse operates an extensive portfolio of owned and operated streaming channels. These include Subscription Video on Demand (SVOD), Advertising-Based Video on Demand (AVOD), and Free Ad-Supported Streaming Television (FAST) channels.

The company primarily operates through two segments: Content & Entertainment and Cinema Equipment, with the former contributing the majority of its revenues. Cineverse provides a full spectrum of services and content to some of the world's most recognized digital platforms such as iTunes, Netflix, and Amazon, as well as cable and satellite providers like Comcast and Dish Network.

Cineverse is not just a content provider but a technological innovator. Recently, it launched cineSearch, an AI-powered conversational entertainment search platform designed to enhance content discoverability. Utilizing advanced metadata and AI recommendations, cineSearch aims to reduce viewer churn and improve user experience by offering personalized content suggestions.

In addition to its digital streaming services, Cineverse has formed influential partnerships and expanded its international presence. A notable example is the recent collaboration with Australia's Network 10 to bring Cineverse's FAST channels to 10 Play, marking a significant step in its global expansion strategy.

The company also boasts a successful podcast network, achieving over 12 million downloads and streams per month, positioning itself among industry giants. Another key project includes the remastering of

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Cineverse's Midnight Pulp streaming channel is now available through third-party platforms like Amazon Prime Video Channels, The Roku Channel, and Comcast's Xfinity. The exclusive North American streaming premiere of MAD CATS will come to Midnight Pulp on November 21. Other key programming being added includes TILL DEATH DO US PART and THE RUNDOWN. Midnight Pulp has been relaunched with improved content discovery and live TV channels.
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Cineverse acquires North American rights to Junta Yamaguchi's time loop comedy film 'River' and plans to release it on streaming service AsianCrush in early 2024.
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Cineverse's horror brand, Bloody Disgusting, partners with Spencer's for an exclusive apparel line featuring iconic horror characters.
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Cineverse partners with Vionlabs to enhance search capabilities on its streaming platform using advanced AI technology.
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Cineverse Corp. announces the launch of 'Dog Whisperer' and a new logo and branding refresh. They secured the US and Canadian rights to the popular show and plan to distribute it across multiple digital platforms. They expect the revenue performance to surpass their most successful FAST channel, 'Bob Ross'. Cineverse will utilize its proprietary Matchpoint platform to bring the channel to market rapidly.
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Cineverse Corp. nominated for DEG's Entech Award for their Matchpoint technology product suite, a complete OTT solution for streaming services.
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Cineverse partners with Whip Media to automate content partner payments, reducing costs and increasing efficiency.
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Cineverse Corp. appoints Mark Lindsey as CFO, streamlining EVP and CFO roles. Lindsey brings over 20 years of experience in accounting and finance. He will lead global finance and accounting teams, focusing on financial planning, capital restructuring, and cost-streaming initiatives.
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Cineverse partners with Criterion Pictures to distribute popular channels to non-theatrical markets like universities and hospitals. The deal includes title licensing opportunities. Cineverse also partners with Anuvu to bring Warrior King to airlines worldwide.
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FAQ

What is the current stock price of Cineverse (CNVS)?

The current stock price of Cineverse (CNVS) is $2.47 as of October 31, 2024.

What is the market cap of Cineverse (CNVS)?

The market cap of Cineverse (CNVS) is approximately 38.6M.

What does Cineverse Corp. do?

Cineverse Corp. is a streaming technology and entertainment company that operates a portfolio of owned and operated streaming channels powered by its proprietary technology platform.

Where is Cineverse traded?

Cineverse Corp. is publicly traded on NASDAQ under the ticker symbol CNVS.

What are Cineverse's main business segments?

Cineverse operates mainly through two segments: Content & Entertainment and Cinema Equipment, with Content & Entertainment deriving the majority of its revenues.

What is cineSearch?

cineSearch is Cineverse's AI-powered conversational entertainment search platform designed to improve content discoverability and personalization.

What are Cineverse's recent partnerships?

Recent partnerships include a distribution deal with Australia's Network 10 and a collaboration with Gracenote to enhance cineSearch.

What is the Cineverse Podcast Network?

The Cineverse Podcast Network is a leading network that offers a range of entertainment, horror, and true crime podcasts, attracting millions of listeners monthly.

How many streaming channels does Cineverse operate?

Cineverse operates multiple streaming channels, including SVOD, AVOD, and FAST channels, serving millions of viewers globally.

What is the significance of cineSearch?

cineSearch leverages AI and extensive metadata to offer personalized content recommendations, aiming to reduce viewer churn and enhance user engagement.

Does Cineverse offer international services?

Yes, Cineverse has expanded its services internationally, including a notable partnership with Network 10 in Australia to offer its FAST channels.

What are the future plans for Cineverse?

Cineverse aims to continue expanding its streaming services, enhance its AI-powered solutions, and grow its international presence.

Cineverse Corp.

Nasdaq:CNVS

CNVS Rankings

CNVS Stock Data

38.64M
15.71M
18.43%
14.02%
1.81%
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