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Cineverse and GameStop Invite Fans to 'Return to Silent Hill' with Innovative Partnership featuring Mysterious Messages, Exclusive Rewards, In-Store Media & More

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GameStop (NYSE: GME) and Cineverse launched a partnership tied to the wide theatrical release of Return to Silent Hill on January 23, 2026. Beginning January 7, participating GameStop stores near screening theaters offer a digital "mysterious message" activation that can unlock exclusive promotional items and perks while supplies last.

The in-store activation connects retail locations to the film's theatrical rollout and includes an online store locator at gamestop.com/silent-hill-locator.html and ticketing at tickets.returntosilenthillmovie.com.

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News Market Reaction

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1 alert
% News Effect

On the day this news was published, GME declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

CEO option grant: 171,537,327 options Option strike price: $20.66 per share Net sales: $821.0M +5 more
8 metrics
CEO option grant 171,537,327 options Performance-based award at $20.66 strike
Option strike price $20.66 per share CEO Performance Award strike price
Net sales $821.0M Q3 2025 net sales vs $860.3M prior year
Operating income $41.3M Q3 2025 vs prior-year operating loss
Adjusted operating income $52.1M Q3 2025 vs adjusted operating loss prior year
Cash & securities $8.8B Q3 2025 cash, equivalents and marketable securities
Bitcoin holdings $519.4M Q3 2025 reported Bitcoin value
Preferred share capacity 5,000,000 shares Max preferred shares under S-3ASR shelf

Market Reality Check

Price: $24.69 Vol: Volume 4,082,973 is below...
normal vol
$24.69 Last Close
Volume Volume 4,082,973 is below the 20-day average of 5,310,771 (about 0.77x normal activity). normal
Technical Shares at $21.02 are trading below the 200-day MA of $24.14 and 41.3% under the 52-week high.

Peers on Argus

GME is up 0.19% while key peers show mixed moves (e.g., BBY down 0.72%, ULTA up ...

GME is up 0.19% while key peers show mixed moves (e.g., BBY down 0.72%, ULTA up 0.24%, DKS up 0.33%). No broad, aligned sector move is evident.

Historical Context

5 past events · Latest: Jan 07 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Jan 07 CEO option award Positive +3.0% Large performance-based option grant tied to market cap and EBITDA.
Dec 09 Earnings report Positive -1.0% Q3 2025 results show swing to operating and net income growth.
Nov 28 Earnings timing news Neutral +4.2% Announcement of scheduled release date for Q3 fiscal 2025 results.
Oct 07 Warrant distribution Positive +0.3% Distribution of tradable warrants to shareholders and some noteholders.
Sep 09 Warrant dividend Positive +3.3% Announcement of special dividend of warrants with $32 exercise price.
Pattern Detected

Recent news has more often seen positive price reactions, with one notable divergence on a strong earnings report.

Recent Company History

Over the last several months, GameStop’s news flow has included a major CEO performance option award on Jan 7, 2026, warrant-related corporate actions in Sep–Oct 2025, and improved third quarter 2025 results with a swing to operating profit. Most prior announcements produced modest positive reactions, though the strong Q3 earnings release on Dec 9, 2025 was followed by a -1.03% move. Today’s marketing partnership with Cineverse fits into the company’s broader efforts to leverage its gaming-focused brand.

Regulatory & Risk Context

Active S-3 Shelf
Shelf Active
Active S-3 Shelf Registration 2025-10-02

GameStop has an effective Form S-3ASR shelf filed on 2025-10-02, allowing issuance of various securities, including up to 5,000,000 shares of preferred stock. No usage has been recorded yet (usage_count = 0).

Market Pulse Summary

This announcement highlights a marketing partnership tying GameStop’s retail footprint to the film l...
Analysis

This announcement highlights a marketing partnership tying GameStop’s retail footprint to the film launch of Return to Silent Hill, reinforcing its positioning within gaming culture. In context, GameStop recently reported Q3 2025 operating income of $41.3M and holds substantial liquidity of $8.8B, while also maintaining an effective S-3ASR shelf with capacity for preferred shares. Investors may watch how this and similar collaborations influence traffic, engagement, and future disclosures rather than expecting immediate financial impact.

AI-generated analysis. Not financial advice.

Return to Silent Hill Hits Theaters Nationwide on January 23 – Buy Tickets Now

LOS ANGELES and GRAPEVINE, Texas, Jan. 14, 2026 /PRNewswire/ -- Cineverse (Nasdaq: CNVS), a next generation entertainment studio, and GameStop Corp. (NYSE: GME), are pulling out all the stops in anticipation of the January 23 wide theatrical release of Return to Silent Hill (returntosilenthillmovie.com). 

The two companies are collaborating on an immersive marketing campaign for the new film, based on the visionary video game, SILENT HILL 2.

Since January 7, fans who visit a participating GameStop can access a mysterious, digital message from Silent Hill that could lead game lovers to exclusive promotional items and perks, while supplies last. Participating locations were strategically selected near theaters screening the film, creating a seamless, 360-degree experience that connects the in-store activation directly to the theatrical release—making it easy and rewarding for fans of the Silent Hill films to engage across multiple channels.

The exclusive partnership builds on Cineverse's fan-first activation strategy.

"GameStop is an inimitable leader in gaming retail and we're thrilled to join forces to serve fans where they shop," said Cineverse SVP Marketing Lauren McCarthy. "This is a dream collaboration on many levels, and we're so excited that fans can now hear what is calling them from Silent Hill."

Visit gamestop.com/silent-hill-locator.html to learn more and find a participating GameStop.

BUY TICKETS FOR RETURN TO SILENT HILL AT: https://tickets.returntosilenthillmovie.com/

Return to Silent Hill brings the iconic horror franchise back to the screen. When James receives a mysterious letter from his lost love Mary, he is drawn to Silent Hill—a once-familiar town now consumed by darkness. As he searches for her, James faces monstrous creatures and unravels a terrifying truth that will push him to the edge of his sanity.

The psychological horror thriller stars Jeremy Irvine (Mamma Mia! Here We Go Again, War Horse) and Hannah Emily Anderson (X-Men: Dark Phoenix, Jigsaw). Returning to the Silent Hill universe are director/co-writer Christophe Gans (Silent Hill (2006), Beauty and the Beast, Brotherhood of The Wolf) and Akira Yamaoka, original composer for the game franchise.

Produced by Victor Hadida of Davis Films (The Crow, Resident Evil and Silent Hill franchises), Molly Hassell of Hassell Free Productions (The Crow, Terminal, Braven) and David Wulf (Call Jane, The Card Counter, Inheritance), the new installment is financed by Davis Films and Ashland Hill Media Finance. Cineverse has U.S. rights, and is distributing the film theatrically in partnership with Iconic Events Releasing. The Veterans handle international rights.

About Cineverse Motion Pictures Group
Cineverse super-serves passionate audiences by distributing content across all windows and platforms, from theatrical to digital to physical. Following the breakout box office success of Terrifier 3, and the 2025 releases of The Toxic Avenger and Silent Night, Deadly Night, upcoming theatrical releases include Return to Silent Hill (January 23, 2026), the 20th anniversary release of Guillermo del Toro's masterpiece Pan's Labyrinth, Wolf Creek: Legacy, and the company's first kids and family theatrical release, Air Bud Returns.

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 U.S. history; dozens of streaming fandom channels; a premier podcast network; top horror destination Bloody Disgusting; and more. Powering visionary storytelling with cutting-edge innovation, Cineverse's proprietary streaming tools and AI technology drive revenue and reach to redefine the next era of entertainment. For more information, visit home.cineverse.com.

About the SILENT HILL Franchise
First introduced in 1999 by KONAMI, SILENT HILL is a critically acclaimed horror franchise known for its psychological storytelling, eerie atmosphere, and innovative gameplay. With multiple mainline entries, spin-offs, and adaptations across film and other media, the series has left a lasting impact on the horror genre. Blending psychological terror with deep narrative themes, SILENT HILL continues to captivate players worldwide.

CONTACTS

For Media, The Lippin Group for Cineverse
cineverse@lippingroup.com

For Investors, Julie Milstead
investorrelations@cineverse.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cineverse-and-gamestop-invite-fans-to-return-to-silent-hill-with-innovative-partnership-featuring-mysterious-messages-exclusive-rewards-in-store-media--more-302661577.html

SOURCE Cineverse Corp.

FAQ

What is the GameStop (GME) and Cineverse promotion for Return to Silent Hill?

Participating GameStop locations are running a digital "mysterious message" activation that can unlock exclusive promotional items and perks tied to the film.

When does Return to Silent Hill open in theaters and when did the GameStop activation start?

Return to Silent Hill opens wide on January 23, 2026; the GameStop in-store activation began on January 7, 2026.

How can fans find a participating GameStop for the Silent Hill promotion?

Use the store locator at gamestop.com/silent-hill-locator.html to find participating GameStop locations near theaters.

Are the GameStop promotional items for Return to Silent Hill limited or guaranteed?

Promotional items and perks are available while supplies last, so availability is limited at participating stores.

Where can fans buy tickets for Return to Silent Hill?

Tickets are available online at tickets.returntosilenthillmovie.com for the January 23, 2026 theatrical release.

Which companies handle distribution and rights for Return to Silent Hill in the U.S.?

Cineverse holds U.S. distribution rights and is releasing the film theatrically in partnership with Iconic Events Releasing.
Gamestop Corp

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