Cineverse's 'Terrifier 3' Scares Up No. 1 at Box Office Over Holiday Weekend, With $21.4 Million in a Win for Independent Filmmaking
Cineverse Corp. (NASDAQ: CNVS) announces a successful opening for Terrifier 3, which earned $21.4 million at the box office over the four-day holiday weekend. The horror sequel, shown in over 2,500 theaters in North America, is Certified Fresh on Rotten Tomatoes with an 89% Popcornmeter audience score and a B CinemaScore. Chris McGurk, Chairman & CEO of Cineverse, hailed the success as a triumph for independent filmmaking, praising the creative team led by filmmaker Damien Leone and producer Phil Falcone. The film's performance surpassed expectations, competing with major studio releases despite being an indie production. McGurk acknowledged the contributions of various partners and agencies in the film's success, emphasizing the fan-centric marketing strategy that focused on digital engagement and community interaction.
Cineverse Corp. (NASDAQ: CNVS) annuncia una riuscita apertura per Terrifier 3, che ha guadagnato 21,4 milioni di dollari al botteghino durante il lungo weekend festivo di quattro giorni. Il sequel horror, proiettato in oltre 2.500 sale in Nord America, è Certificato Fresco su Rotten Tomatoes con un 89% di punteggio del Popcornmeter e un B CinemaScore. Chris McGurk, Presidente e CEO di Cineverse, ha elogiato il successo come un trionfo per il cinema indipendente, lodando il team creativo guidato dal regista Damien Leone e dal produttore Phil Falcone. Le performance del film hanno superato le aspettative, competendo con le uscite di grandi studio nonostante fosse una produzione indipendente. McGurk ha riconosciuto i contributi di vari partner e agenzie nel successo del film, sottolineando la strategia di marketing incentrata sui fan che ha messo l'accento sull'impegno digitale e sull'interazione comunitaria.
Cineverse Corp. (NASDAQ: CNVS) anuncia una exitosa apertura para Terrifier 3, que ganó 21.4 millones de dólares en taquilla durante el largo fin de semana festivo de cuatro días. La secuela de terror, mostrada en más de 2,500 cines en América del Norte, está Certificada Fresca en Rotten Tomatoes con un 89% de puntuación en el Popcornmeter y un B CinemaScore. Chris McGurk, Presidente y CEO de Cineverse, celebró el éxito como un triunfo para la cinematografía independiente, elogiando al equipo creativo dirigido por el cineasta Damien Leone y el productor Phil Falcone. El rendimiento de la película superó las expectativas, compitiendo con los estrenos de grandes estudios, a pesar de ser una producción independiente. McGurk reconoció las contribuciones de varios socios y agencias en el éxito del film, enfatizando la estrategia de marketing centrada en los fans que se enfocó en la participación digital y la interacción comunitaria.
Cineverse Corp. (NASDAQ: CNVS)는 Terrifier 3의 성공적인 개봉을 발표했습니다. 이 영화는 4일 연휴 기간 동안 박스 오피스에서 2140만 달러의 수익을 올렸습니다. 이 공포극속편은 북미의 2500개 이상의 극장에서 상영되었으며, Rotten Tomatoes에서 신선도 인증을 받았고, 관객 점수 89% Popcornmeter와 B CinemaScore를 기록했습니다. Cineverse의 회장 겸 CEO인 Chris McGurk는 이 성공을 독립 영화 제작의 승리로 칭찬하며, 영화 제작자인 Damien Leone와 프로듀서 Phil Falcone가 이끈 창작 팀을 높이 평가했습니다. 이 영화의 성장은 기대를 초과했으며, 대형 스튜디오의 작품들과 경쟁하면서도 독립 제작으로서의 경계를 넘었습니다. McGurk는 영화의 성공에 기여한 여러 파트너와 에이전시의 역할을 인정하고, 디지털 참여 및 커뮤니티 상호작용에 초점을 맞춘 팬 중심의 마케팅 전략을 강조했습니다.
Cineverse Corp. (NASDAQ: CNVS) annonce une ouverture réussie pour Terrifier 3, qui a rapporté 21,4 millions de dollars au box-office pendant le long week-end de vacances de quatre jours. La suite d'horreur, diffusée dans plus de 2 500 salles en Amérique du Nord, est Certifiée Fraîche sur Rotten Tomatoes avec un score du public de 89% sur Popcornmeter et un B CinemaScore. Chris McGurk, Président et CEO de Cineverse, a salué ce succès comme un triomphe pour le cinéma indépendant, louant l'équipe créative dirigée par le cinéaste Damien Leone et le producteur Phil Falcone. La performance du film a dépassé les attentes, rivalisant avec les sorties des grands studios malgré son statut de production indépendante. McGurk a reconnu les contributions de divers partenaires et agences au succès du film, en mettant l'accent sur une stratégie de marketing centrée sur les fans axée sur l'engagement numérique et l'interaction communautaire.
Cineverse Corp. (NASDAQ: CNVS) kündigt eine erfolgreiche Premiere für Terrifier 3 an, die am vier-tägigen Feiertagswochenende 21,4 Millionen Dollar an den Kinokassen einspielte. Die Horrorsequenz, die in über 2.500 Kinos in Nordamerika gezeigt wurde, hat auf Rotten Tomatoes Certified Fresh erhalten, mit einem 89% Popcornmeter-Publikumsscore und einem B CinemaScore. Chris McGurk, Vorstandsvorsitzender und CEO von Cineverse, lobte den Erfolg als einen Triumph für das unabhängige Filmemachen und pries das kreative Team unter der Leitung des Regisseurs Damien Leone und des Produzenten Phil Falcone. Die Leistung des Films übertraf die Erwartungen und konkurrierte mit großen Studioveröffentlichungen, obwohl es sich um eine unabhängige Produktion handelt. McGurk erkannte die Beiträge verschiedener Partner und Agenturen zum Erfolg des Films an und betonte die fan-zentrierte Marketingstrategie, die sich auf digitale Engagement und Gemeinschaftsinteraktion konzentrierte.
- Strong box office performance: $21.4 million over four-day holiday weekend
- Wide theatrical release in over 2,500 theaters across North America
- Positive critical reception: Certified Fresh on Rotten Tomatoes
- High audience approval: 89% Popcornmeter score and B CinemaScore
- Successful competition against major studio releases as an independent film
- None.
Insights
The box office success of Terrifier 3 is a significant win for Cineverse (NASDAQ: CNVS), demonstrating the company's ability to produce and distribute profitable independent films. The
This performance could have several positive implications for Cineverse:
- Increased revenue and potential profit from box office sales
- Enhanced brand recognition in the horror genre
- Potential for continued success with future installments or similar projects
- Demonstration of effective marketing and distribution strategies
However, investors should note that single-film successes don't guarantee long-term profitability. It's important to monitor how Cineverse leverages this win to build a sustainable business model in the competitive entertainment industry.
The success of Terrifier 3 highlights several key market trends:
- Strong demand for horror content: The film's performance indicates a robust appetite for horror, particularly during the Halloween season.
- Power of fan communities: The high audience scores (89% Popcornmeter, B CinemaScore) suggest strong fan engagement, which can drive word-of-mouth marketing.
- Digital-first marketing effectiveness: The emphasis on community interaction and viral marketing demonstrates the changing landscape of film promotion.
- Indie film viability: This success challenges the notion that only big-budget studio films can dominate the box office.
For investors, this success story underscores the potential of targeted, genre-specific content and innovative marketing approaches in the evolving entertainment landscape. It also suggests that companies like Cineverse, which can effectively tap into niche markets, may have a competitive edge in the industry.
Horror Sequel Certified Fresh on Rotten Tomatoes and Earns Strong Rotten Tomatoes and CinemaScore Audience Approval
With over 2,500 theaters in
"This isn't just a triumph for Cineverse, it's a victory for independent filmmakers everywhere," said Chris McGurk, Chairman & CEO of Cineverse. "Terrifier 3 shows that with the right creative team and the support of loyal fans, a quality indie film can break the mold and compete with major studio releases. We're beyond thrilled with the reception, and this success proves that Damien and Phil's connection to horror fans is second to none."
McGurk continued by thanking Cineverse's production partners, including Dark Age Cinema and The Coven for creating such an extraordinary film. He commended Iconic Events Releasing for their theatrical distribution efforts, where they outgunned and surpassed much more expensive and heavily marketed competitive films from the major studios. He also acknowledged the strong performance from the marketing agencies that collaborated on the success of the release: Anti Agency Group (media), TriplePlay Studios (viral), Kevin Childress Creative (trailer), Katrina Wan PR (publicity), The Lippin Group (corporate communications) and Insights Theatrical.
"We're overwhelmed and inspired to see fans' passionate support for this truly independent film completely guided by the vision of an amazing and singular filmmaker, Damien Leone — and an incredibly talented cast. Our marketing strategy was fan-centric at its core – digital-first with a heavy emphasis on community interaction, cultural resonance, virality — mixed with fun creative concepts and innovation. We are grateful for the fans and the opportunity to engage with such a strong, enthusiastic audience."
Terrifier 3 opened nationwide on October 11, 2024, just in time for the Halloween season. The film was released by Cineverse and Bloody Disgusting, its horror division, in theaters across
For ticket information, visit terrifier3.com.
ABOUT TERRIFIER 3
After surviving Art the Clown's Halloween massacre, Sienna and her brother are struggling to rebuild their shattered lives. As the holiday season approaches, they try to embrace the Christmas spirit and leave the horrors of the past behind. But just when they think they're safe, Art the Clown returns, determined to turn their holiday cheer into a new nightmare. The festive season quickly unravels as Art unleashes his twisted brand of terror, proving that no holiday is safe.
Starring Lauren LaVera, David Howard Thornton, Elliott Fullam, Samantha Scaffidi, Antonella Rose, Margaret Anne Florence, Bryce Johnson, Alexa Blair, Mason Mecartea, Krsy Fox, Clint Howard, Jon Abrahams with Chris Jericho, Daniel Roebuck, and Jason Patric.
Executive Produced by Lisa Falcone, Brad Miska, Brandon Hill, Yolanda Macias, Erick Opeka, Matthew Helderman, Luke Taylor and Priscilla Ross Smith.
Co-produced by Michael Levy, Jason Leavy, George Steuber, Steven Della Salla, and Jason Milstein.
Written and directed by Damien Leone and produced by Phil Falcone, Terrifier 3 comes courtesy of Dark Age Cinema Productions and The Coven.
TEASER TRAILER: www.youtube.com/watch?v=lYMTzx2Qcmw
OFFICIAL RED BAND TRAILER: www.youtube.com/watch?v=egI9GUIjeYE
ABOUT CINEVERSE
Cineverse's advanced, proprietary technology drives the distribution of over 70,000 premium films, series, and podcasts to more than 150 million unique viewers monthly. From providing a complete streaming solution to some of the world's most recognizable brands, to super-serving their own network of fan channels, Cineverse (NASDAQ: CNVS) is powering the future of entertainment. For more information, please visit cineverse.com.
Contacts:
For Media
The Lippin Group for Cineverse, cineverse@lippingroup.com
For Investors
Julie Milstead, investorrelations@cineverse.com
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SOURCE Cineverse Corp.
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