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Cineverse to Publish Extensive Library of Video Content on Spotify

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Cineverse Corp. (NASDAQ: CNVS) has announced the distribution of its video content on Spotify, marking a significant expansion in its content reach. The company is making programming from its FAST channels and curated titles from its extensive library of over 70,000 films and TV shows available on the global platform.

This move includes content from popular channels such as Crime Hunters, Dog Whisperer with Cesar Milan, Comedy Dynamics, EntrepreneurTV, and the Sid & Marty Krofft Channel. The initiative leverages Spotify's growing video podcast ecosystem, which now boasts over 250,000 video podcasts and 170 million users consuming video content.

Cineverse's expansion to Spotify was facilitated by its proprietary Matchpoint™ Dispatch platform, enabling quick content deployment. This strategic move positions Cineverse as a first-mover in this new distribution opportunity, capitalizing on Spotify's massive reach and value.

Cineverse Corp. (NASDAQ: CNVS) ha annunciato la distribuzione dei suoi contenuti video su Spotify, segnando una significativa espansione della sua portata. L'azienda sta rendendo disponibili programmi dei suoi canali FAST e titoli curati dalla sua vasta biblioteca di oltre 70.000 film e serie TV sulla piattaforma globale.

Questa mossa include contenuti da canali popolari come Crime Hunters, Dog Whisperer with Cesar Milan, Comedy Dynamics, EntrepreneurTV, e il Sid & Marty Krofft Channel. L'iniziativa sfrutta l'ecosistema in crescita dei video podcast di Spotify, che adesso vanta oltre 250.000 video podcast e 170 milioni di utenti che consumano contenuti video.

L'espansione di Cineverse su Spotify è stata facilitata dalla sua piattaforma proprietaria Matchpoint™ Dispatch, che consente un rapido deployment dei contenuti. Questa mossa strategica posiziona Cineverse come un pioniere in questa nuova opportunità di distribuzione, sfruttando la vasta portata e il valore di Spotify.

Cineverse Corp. (NASDAQ: CNVS) ha anunciado la distribución de su contenido de video en Spotify, marcando una expansión significativa en su alcance de contenido. La compañía está poniendo a disposición programación de sus canales FAST y títulos seleccionados de su extensa biblioteca de más de 70,000 películas y programas de televisión en la plataforma global.

Este movimiento incluye contenido de canales populares como Crime Hunters, Dog Whisperer con Cesar Milan, Comedy Dynamics, EntrepreneurTV, y el Sid & Marty Krofft Channel. La iniciativa aprovecha el creciente ecosistema de video podcast de Spotify, que ahora cuenta con más de 250,000 video podcasts y 170 millones de usuarios consumiendo contenido de video.

La expansión de Cineverse a Spotify fue facilitada por su plataforma propietaria Matchpoint™ Dispatch, que permite un despliegue rápido de contenido. Este movimiento estratégico posiciona a Cineverse como un pionero en esta nueva oportunidad de distribución, capitalizando el enorme alcance y valor de Spotify.

Cineverse Corp. (NASDAQ: CNVS)는 Spotify에서의 비디오 콘텐츠 배포를 발표하며 콘텐츠 범위의 중요한 확장을 알렸습니다. 이 회사는 FAST 채널의 프로그램과 70,000편 이상의 영화 및 TV 프로그램으로 구성된 방대한 라이브러리에서 선택한 제목들을 글로벌 플랫폼에서 이용할 수 있도록 하고 있습니다.

이번 조치에는 Crime Hunters, Dog Whisperer with Cesar Milan, Comedy Dynamics, EntrepreneurTV, 그리고 Sid & Marty Krofft Channel과 같은 인기 채널의 콘텐츠가 포함됩니다. 이 이니셔티브는 현재 25만 개 이상의 비디오 팟캐스트1억 7천만 명의 사용자가 비디오 콘텐츠를 소비하는 Spotify의 성장하는 비디오 팟캐스트 생태계를 활용하고 있습니다.

Cineverse의 Spotify 확장은 자사의 독점 플랫폼 Matchpoint™ Dispatch에 의해 용이해졌으며, 신속한 콘텐츠 배포를 가능하게 합니다. 이 전략적 결정은 Cineverse를 Spotify의 방대한 도달 범위와 가치를 활용하여 새로운 배급 기회에서 선구자로 자리매김하게 합니다.

Cineverse Corp. (NASDAQ: CNVS) a annoncé la distribution de son contenu vidéo sur Spotify, marquant une expansion significative de sa portée. L'entreprise rend disponible des programmes de ses chaînes FAST et des titres soigneusement sélectionnés de sa vaste bibliothèque de plus de 70.000 films et émissions de télévision sur la plateforme mondiale.

Cette initiative inclut du contenu de chaînes populaires telles que Crime Hunters, Dog Whisperer avec Cesar Milan, Comedy Dynamics, EntrepreneurTV, et le Sid & Marty Krofft Channel. L'initiative tire parti de l'écosystème en pleine croissance des podcasts vidéo de Spotify, qui compte désormais plus de 250.000 podcasts vidéo et 170 millions d'utilisateurs consommant du contenu vidéo.

L'expansion de Cineverse sur Spotify a été facilitée par sa plateforme propriétaire Matchpoint™ Dispatch, qui permet un déploiement rapide des contenus. Ce mouvement stratégique positionne Cineverse comme un précurseur dans cette nouvelle opportunité de distribution, en capitalisant sur la vaste portée et la valeur de Spotify.

Cineverse Corp. (NASDAQ: CNVS) hat die Verteilung ihres Videoinhalts auf Spotify angekündigt, was eine bedeutende Erweiterung ihrer Reichweite darstellt. Das Unternehmen stellt Programmangebote von seinen FAST-Kanälen und kuratierte Titel aus seiner umfangreichen Bibliothek von über 70.000 Filmen und Fernsehsendungen auf der globalen Plattform zur Verfügung.

Dieser Schritt umfasst Inhalte von beliebten Kanälen wie Crime Hunters, Dog Whisperer mit Cesar Milan, Comedy Dynamics, EntrepreneurTV und dem Sid & Marty Krofft Channel. Die Initiative nutzt das wachsende Video-Podcast-Ökosystem von Spotify, das mittlerweile über 250.000 Video-Podcasts und 170 Millionen Nutzer hat, die Videoinhalte konsumieren.

Die Expansion von Cineverse zu Spotify wurde durch die hauseigene Matchpoint™ Dispatch-Plattform erleichtert, die eine schnelle Bereitstellung von Inhalten ermöglicht. Dieser strategische Schritt positioniert Cineverse als Vorreiter in dieser neuen Vertriebsmöglichkeit und nutzt die enorme Reichweite und den Wert von Spotify.

Positive
  • Expansion of content distribution to Spotify's platform with 170 million video-consuming users
  • Leveraging Cineverse's extensive library of over 70,000 films and TV shows
  • First-mover advantage in the new distribution opportunity on Spotify
  • Utilization of proprietary Matchpoint™ Dispatch platform for efficient content deployment
Negative
  • None.

Insights

Cineverse's move to distribute video content on Spotify marks a significant shift in the streaming landscape. This strategic decision leverages Spotify's massive user base of 170 million video consumers, potentially expanding Cineverse's reach dramatically. The company's ability to quickly deploy content through its Matchpoint™ Dispatch platform demonstrates a competitive edge in adaptability and speed-to-market.

However, it's important to consider the potential impact on Cineverse's existing streaming channels. While this move may increase content discoverability, it could also lead to cannibalization of viewers from Cineverse's own platforms. The financial implications remain unclear without specific revenue-sharing details between Cineverse and Spotify.

From an investor's perspective, this partnership could be a double-edged sword. On one hand, it opens up a new revenue stream and expands Cineverse's audience. On the other, it may dilute the value proposition of Cineverse's proprietary platforms. The success of this strategy will largely depend on how effectively Cineverse can monetize this new distribution channel while maintaining the integrity of its existing business model.

Cineverse's deployment of its extensive video library on Spotify represents a fascinating convergence of audio and video streaming platforms. This move aligns with the broader trend of content aggregation and cross-platform distribution in the tech industry. The use of Cineverse's Matchpoint™ Dispatch platform for rapid content deployment is particularly noteworthy, as it demonstrates the company's technological agility.

From a technical standpoint, this integration poses interesting challenges and opportunities. Spotify's infrastructure, primarily optimized for audio streaming, will need to handle increased video traffic efficiently. This could potentially lead to improvements in Spotify's video capabilities, benefiting both companies in the long run.

For Cineverse, this partnership could serve as a proving ground for its content management technology. If successful, it could position Matchpoint™ Dispatch as a valuable tool for other content providers looking to expand their distribution channels rapidly. However, investors should monitor how this impacts Cineverse's data analytics and user behavior tracking capabilities, as these are important for content curation and targeted advertising in the streaming industry.

Programming from Cineverse Channels Including Crime Hunters, Dog Whisperer with Cesar Milan, Comedy Dynamics, EntrepreneurTV, the Sid & Marty Krofft Channel and more Now Live on the Global Platform

LOS ANGELES, July 30, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today announced that it will be distributing video content for the first time on Spotify. This includes programming from both Cineverse's channel partners as well as additional titles curated from the company's content library of more than 70,000 films and television shows.

Titles from Cineverse's portfolio of free, ad-supported streaming television (FAST) channels now available via video on Spotify include Dog Whisperer with Cesar Millan, Land of the Lost, Entrepreneur Elevator Pitch, The FBI Files and comedy specials from Jeff Dunham, Jim Gaffigan, Eddie Griffin, Tiffany Hadish, Kathleen Madigan and Gary Owen, and more.

The availability of this programming – typically only able to be watched on SVOD, AVOD and FAST – is the latest example of Spotify as a potential new home for video content discovery, with Spotify recently announcing that there are now more than 250,000 video podcasts on the platform with more than 170M users having consumed video. 

"As streaming platforms and device companies continue to expand to provide consumers more and more options to enjoy content where and when they want it, it was natural for us to explore distribution with Spotify," said Marc Rashba, executive vice president of partnerships at Cineverse. "As we have learned from the success of the Cineverse Podcast Network, Spotify has a massive reach and value, and we are now in a strong first-mover position to take advantage of this new opportunity."

This content was able to quickly get up and running thanks to Cineverse's proprietary content and audience management platform Matchpoint™ Dispatch.

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

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cineverse-to-publish-extensive-library-of-video-content-on-spotify-302209501.html

SOURCE Cineverse Corp.

FAQ

What type of content is Cineverse (CNVS) publishing on Spotify?

Cineverse is publishing video content from its FAST channels and curated titles from its library of over 70,000 films and TV shows on Spotify. This includes programming from channels like Crime Hunters, Dog Whisperer with Cesar Milan, Comedy Dynamics, and EntrepreneurTV.

How many video podcasts are currently available on Spotify?

According to the press release, there are now more than 250,000 video podcasts available on Spotify.

What technology is Cineverse using to deploy its content on Spotify?

Cineverse is using its proprietary content and audience management platform called Matchpoint™ Dispatch to quickly deploy its content on Spotify.

How many users on Spotify have consumed video content?

The press release states that more than 170 million Spotify users have consumed video content on the platform.

Cineverse Corp.

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