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.
About Cineverse Corp. (NASDAQ: CNVS)
Cineverse Corp. is a next-generation entertainment studio and streaming technology company dedicated to empowering storytellers and delivering curated content experiences to global audiences. With a portfolio of over 71,000 premium films, series, and podcasts, Cineverse operates at the forefront of the rapidly evolving digital entertainment landscape. The company leverages its proprietary technology platform, Matchpoint™, to streamline content distribution, monetization, and audience engagement across multiple channels.
Core Business Model
Cineverse operates a diversified business model encompassing subscription video-on-demand (SVOD), advertising-based video-on-demand (AVOD), free ad-supported streaming television (FAST) channels, and content licensing. These revenue streams are complemented by Cineverse's SaaS offerings, which include its Matchpoint™ suite of streaming technology and AI tools. Matchpoint™ enables content creators, distributors, and advertisers to efficiently manage, distribute, and monetize their assets, reducing costs and improving scalability.
Content Distribution and Niche Focus
Cineverse's content strategy is built around serving niche audiences with high-engagement fandoms. Its owned and operated streaming channels cater to diverse interests, including horror (Bloody Disgusting, Screambox), anime (RetroCrush), independent films (Fandor), and family-friendly content (Dove Channel). The company's FAST channels, such as The Bob Ross Channel and Dog Whisperer, are available on major platforms like Samsung TV+, Pluto TV, and FuboTV, reaching millions of viewers globally.
Proprietary Technology and Innovation
At the heart of Cineverse's operations is its commitment to technological innovation. The company's cineSearch platform, powered by AI and behavioral data, delivers personalized content recommendations by analyzing user preferences across multiple streaming platforms. Additionally, Cineverse has introduced groundbreaking solutions like Matchpoint™ Reel Visuals AI, which allows content owners to monetize AI training rights while ensuring ethical and equitable compensation for intellectual property usage.
Competitive Positioning
Cineverse differentiates itself through its unique combination of content curation, proprietary technology, and audience-first distribution strategies. Unlike traditional streaming platforms, Cineverse focuses on underserved niches and leverages its integrated ecosystem—including a leading podcast network and next-gen advertising solutions—to maximize engagement and monetization. This approach has enabled the company to achieve significant milestones, such as the record-breaking success of its horror franchise Terrifier, which became the highest-grossing non-rated film in U.S. history.
Industry Impact and Future Outlook
With a mission to redefine the entertainment experience, Cineverse is strategically positioned to capitalize on emerging trends in streaming, AI-driven personalization, and content monetization. Its ability to deliver high-quality, authentic stories while leveraging cutting-edge technology underscores its role as a transformative player in the entertainment industry. As the company continues to expand its content library, streaming channels, and SaaS offerings, Cineverse is setting the stage for a new era of audience-centric entertainment.
Cineverse (NASDAQ: CNVS) and its horror division Bloody Disgusting have announced new releases for their streaming service SCREAMBOX. The platform achieved record viewership in October with a 26% increase in minutes consumed compared to the previous month. In 2024, SCREAMBOX will have premiered 19 originals.
The winter lineup includes several new horror films: Breathing In (winner of 2024 Macabro Film Festival's Best Film), Deus Irae (selected for 2024 Brussels International Fantastic Film Festival), Street Trash, Lizzie Lazarus, #Manhole, and Delicate Arch. These join recent releases like Devon, #AMFAD, and Terrifier 3, which became the biggest non-rated box office movie in U.S. history.
Terrifier 3, the highest-grossing unrated movie in U.S. box office history with over $53 million domestically, is returning to theaters for a Christmas engagement. Cineverse (NASDAQ: CNVS) and its horror division Bloody Disgusting announced special screenings on December 24th and 25th, featuring a new introduction by filmmaker Damien Leone and an exclusive preview of ART ATTACK, a behind-the-scenes feature.
The film continues the story of Sienna and her brother as they attempt to recover from Art the Clown's Halloween massacre, only to face the killer's return during the Christmas season. The movie stars David Howard Thornton, Lauren Lavera, and features an ensemble cast including Chris Jericho and Jason Patric.
Cineverse (NASDAQ: CNVS), along with its horror division Bloody Disgusting, Focus Features, and Thirteenth Floor Entertainment, announced the launch of Nosferatu: The Immersive Experience. The three-night event will be held at Los Angeles' Masonic Lodge in Hollywood Forever Cemetery from December 16th-18th, 2024, running from 7:30-11:30 p.m.
The immersive experience, tied to Robert Eggers' upcoming film Nosferatu, will feature screen-used props, occult artifacts, costumes, and an eerie soundscape by composer Robin Carolan. Visitors can explore dark spaces, interact with strange inhabitants, discover Count Orlok's resting place, and purchase themed merchandise and spirits. tickets are available at nosferatuexperience.com.
Cineverse (NASDAQ: CNVS) and its horror division Bloody Disgusting have acquired two award-winning films for their SCREAMBOX platform from XYZ Films. The first acquisition, Breathing In, winner of Best Film at the 2024 Macabro Film Festival, is set in 1901 South Africa and follows a wounded general seeking refuge with mysterious consequences. The second film, Deus Irae, an official selection at Brussels International Fantastic Film Festival and Sitges Film Festival Pitchbox winner, follows excommunicated priests hunting the possessed. Both films join recent SCREAMBOX acquisitions including #AMFAD, Creeping Death, and others.
Cineverse (NASDAQ: CNVS) has announced 'ART ATTACK! The Dissection of Terrifier 3', a behind-the-scenes documentary coming exclusively to their horror streaming platform SCREAMBOX in early 2025. The film will provide an in-depth look at the making of Terrifier 3, featuring interviews with director Damien Leone, producer Phil Falcone, and cast members, along with exclusive production footage. The documentary is produced by Cult Screenings UK, known for 'Pennywise: The Story of It'. Terrifier 3, released nationwide on October 11, 2024, became the #1 Movie in America.
Cineverse Podcast Network announces major expansion beyond horror content, reporting significant growth with 98% year-over-year podcast revenue increase in the last fiscal quarter and 15 million downloads in October. The network introduces new shows including Creepy Places (attracting 1.3M monthly downloads), Dead Meat Podcast, and upcoming Midnight Pulp and RetroCrush series. Now ranking among top 10 podcast networks with over 50 shows, Cineverse leverages owned brands and strategic partnerships to drive growth in entertainment, true crime, and horror genres.
Cineverse (NASDAQ: CNVS) has launched four FAST (free ad-supported streaming TV) channels on Google TV Freeplay. The new additions include 'Dog Whisperer With Cesar Millan', 'Comedy Dynamics', 'The Bob Ross Channel', and 'The Dove Channel'. Available to U.S. users without subscription or app installation, the channels feature nine seasons of dog training content, stand-up comedy performances, nearly 400 episodes of 'Joy of Painting', and family-friendly entertainment including romance and holiday content.
Cineverse (NASDAQ: CNVS) announced a new lineup of 12 holiday and romance movies from Nicely Entertainment premiering on The Dove Channel starting November 29. The announcement follows Dove's record-breaking viewership in July 2024, with 98 million minutes consumed during their Christmas in July event. The channel has rebranded as a destination for heartwarming stories with the tagline 'Live. Laugh. Dove.' and expects to close 2024 with a 37% year-over-year increase in minutes watched across platforms. The movies will be available on Dove's SVOD apps, AVOD tier, and FAST channel, featuring various romantic holiday themes.
Cineverse (NASDAQ: CNVS) and its horror division Bloody Disgusting have announced release dates for Terrifier 3, which has become the highest-grossing unrated movie ever with over $54 million domestically. The film will be available on EST/VOD November 26, 2024, and physical media December 17, 2024. Physical formats include DVD, Collector's Edition Blu-ray, 4K UHD + Blu-ray, and Steelbook versions, featuring bonus content like a 'Making Of' featurette and 'Eulogy Log' with David Howard Thornton as Art the Clown.
Cineverse (NASDAQ: CNVS) reported Q2 FY2025 results with total revenue of $12.7 million, representing a 20% increase excluding Digital Cinema business. The company achieved a 51% direct operating margin and reduced SG&A expenses by 7%. Notable highlights include a 54% increase in monthly viewership, 98% growth in podcast revenue, and $0.5 million in Adjusted EBITDA. While Q2 results don't include Terrifier 3 performance, the film has generated over $54 million in domestic box office revenue and is expected to contribute at least $20 million in theatrical rental revenues in Q3 FY2025.