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) delivers cutting-edge streaming solutions and curated entertainment through its proprietary technology platform. This news hub provides investors and industry professionals with official updates on strategic initiatives, financial performance, and technological innovations shaping the future of digital content distribution.
Access timely announcements about new streaming channel launches, content licensing deals, and advancements in AI-driven personalization tools like cineSearch. Our repository includes earnings reports, partnership disclosures, and updates on Matchpoint™ technology deployments across the entertainment ecosystem.
Key updates cover developments in Cineverse's niche streaming services (Screambox, RetroCrush), expansions of its FAST channel network, and intellectual property monetization strategies. Bookmark this page for verified information about corporate milestones, executive appointments, and content catalog growth in the competitive streaming landscape.
Cineverse (NASDAQ: CNVS) has strengthened its advertising sales leadership by hiring Tim Russell as Senior Vice President and promoting Terry City to Executive Vice President of Direct Advertising Sales. Russell, with 30 years of experience including roles at Sabio Holdings, Turner Broadcasting, and Comcast, will report to City.
The expansion comes after Cineverse's strongest direct ad revenue quarter, with total revenue reaching $40.7 million in Q3 FY2025, marking a 207% year-over-year increase. This growth is attributed to the company's Cineverse 360 ad platform, driving both direct and programmatic sales.
The company recently expanded its podcast sales team by hiring Laura Schumer and Ben Cabonargi as Directors of Podcast Sales for the Cineverse Podcast Network, which ranks among the top 10 podcast networks with over 35 audio series and 75 million downloads.
Cineverse (NASDAQ: CNVS) has partnered with Iconic Events Releasing for the theatrical distribution of 'The Toxic Avenger', scheduled for wide release on August 29, 2025. The unrated comedic horror film, directed by Macon Blair and starring Peter Dinklage, received critical acclaim with a 92% Rotten Tomatoes score at Fantastic Fest.
This partnership follows the successful theatrical runs of Terrifier 2 and Terrifier 3, which collectively generated over $65 million at the domestic box office. The film, a reimagining of the classic midnight movie franchise, features an all-star cast including Kevin Bacon, Elijah Wood, and Jacob Tremblay.
The story follows janitor Winston Gooze (Dinklage) who transforms into a mutant vigilante following an accident, fighting against corrupt CEOs and criminals while maintaining his relationship with his son. The film combines practical effects, irreverent humor, and commentary on corporate greed and social injustice.
Cineverse (NASDAQ: CNVS) has unveiled its Spring horror lineup for SCREAMBOX, highlighting significant subscriber growth of 18% since February. The streaming service announced several new releases, including 'ART ATTACK! The Dissection of Terrifier 3', a behind-the-scenes documentary of the box office phenomenon that grossed nearly $55 million.
The Spring slate features notable releases such as 'The Coffee Table', 'Project MKHEXE', and 'Uncontained'. Additionally, 'Bloody Bites', a series of short horror films, will stream new episodes every Friday in April and June.
Terrifier 3 has achieved remarkable success across multiple platforms, ranking #1 on Fandango's charts and securing top positions on Microsoft and iTunes. The film's physical release includes DVD, Blu-ray, and 4K UHD formats. Meanwhile, Terrifier 2 maintains its position as SCREAMBOX's most-watched film in 2024.
Cineverse (NASDAQ: CNVS) has announced a strategic partnership with The Trade Desk to integrate OpenPath with its C360 ad tech platform. The integration aims to streamline the advertising supply chain and provide advertisers with a more efficient, transparent path to ad impressions.
Through this partnership, advertisers using The Trade Desk can directly access Cineverse's digital content library and brands, enabling more targeted engagement with dedicated fandoms. The integration allows for real-time insights, campaign optimization, and improved programmatic campaign effectiveness across Cineverse's premium inventory.
According to Terry City, Cineverse SVP Advertising Sales, the OpenPath integration will create an onramp for advertisers to grow their brands with Cineverse, enabling quicker movements and faster results through their programmatic library.
Cineverse (NASDAQ: CNVS) has appointed Laura Schumer and Ben Cabonargi as Directors of Podcast Sales to lead their direct ad sales team for the Cineverse Podcast Network. The new hires bring over four decades of combined experience from major media companies including SiriusXM, Pandora, Stitcher, and Turner Broadcasting.
Schumer, previously a Sales Executive at Pandora/SiriusXM for nine years, and Cabonargi, former Director of Revenue Partnerships at SiriusXM, will manage advertising sales for Cineverse's portfolio of more than 35 audio series with over 75 million downloads. Both will report to Terry City, SVP of Direct Advertising Sales.
The company's podcast division has shown strong growth, with podcast and related revenues increasing 39% year-over-year in the most recent quarter. The network recently expanded its content offering by adding shows like Creepy Places: A True Crime Podcast, RetroCrush, and Midnight Pulp, while also partnering with The Stand Group to launch WITZ Podcast Network for comedy programming.
Cineverse (NASDAQ: CNVS) has partnered with SymphonyAI to enhance its AI capabilities through the adoption of Revedia DataOps platform. This strategic move aims to unify viewership and revenue data across AVOD, TVOD, SVOD, and FAST channels, enabling comprehensive analysis across all platforms.
The company has already developed five AI modules and established multiple partnerships to expand its Matchpoint™ platform capabilities. The integration with SymphonyAI's technology will provide deeper, real-time insights into platform consumption and revenue trends, strengthening Cineverse's Matchpoint™ Insights offering.
This partnership aligns with Cineverse's strategy to scale its streaming business through technology partnerships, content licensing expansion, direct ad sales growth, and podcast network development, while maximizing ROI on spend.
Cineverse (CNVS) has partnered with The Stand Group to launch the WITZ Podcast Network, expanding into the comedy podcasting space. The partnership aims to maximize distribution platforms, sponsorships, and programmatic demand while creating new IP through podcasts and live entertainment.
This strategic move follows The Stand Group's successful launch of the WITZ Comedy-TV FAST channel in 2022. The partnership capitalizes on comedy being the #1 most popular podcasting category in the U.S., with the genre growing its revenue share by four points from 2022 to 2024 and gaining 300 new advertisers in Q3 2023.
The launch will be celebrated at SXSW, coinciding with Cineverse's upcoming unrated wide release of The Toxic Avenger. This expansion marks Cineverse's entry into comedy podcasting, complementing its existing success in horror, true crime, and entertainment content where it ranks as a top-10 podcast network.
Cineverse (NASDAQ: CNVS) has announced that its Bloody Press publishing brand will release a novelization of horror film Terrifier 3 in 2025. The book will be written by Tim Waggoner, who previously authored the successful Terrifier 2 novelization which sold over 8,000 copies.
The announcement follows Bloody Press's successful entry into publishing, with their first release demonstrating strong fan engagement. The company's VP Network Strategy, Tom Owen, emphasized their strategy of reaching fans through various mediums including novelizations, merchandise, and podcasts.
Waggoner, a four-time Bram Stoker Award winner, will adapt the story following Art the Clown's Christmas-themed terror campaign against Sienna and her brother. Both Terrifier 2 and Terrifier 3 films are currently available for streaming on SCREAMBOX.
Cineverse (NASDAQ: CNVS) reported strong Q3 FY2025 results, with total revenue reaching $40.7 million, a 207% increase from the previous year. The company achieved net income of $7.2 million and Adjusted EBITDA of $10.8 million, primarily driven by the success of Terrifier 3, which grossed over $54 million at the domestic box office.
The company maintains a strong financial position with $13 million in cash and no debt, with zero draw on their $7.5 million credit line. Monthly viewership across their channel portfolio increased 47%, while podcast revenues grew 39%. The company's direct operating margin stood at 48%, within their target range of 45-50%.
Looking ahead, Cineverse has announced several upcoming theatrical releases, including Silent Night Deadly Night, The Toxic Avenger, and Wolf Creek: Legacy, leveraging their successful marketing strategy demonstrated with Terrifier 3.
Cineverse (NASDAQ: CNVS) and its horror division Bloody Disgusting have acquired North American rights to Wolf Creek: Legacy, the third installment of the slasher franchise. The film, set to begin filming this year with a planned theatrical release in fall 2026, will feature John Jarratt reprising his role as Mick Taylor.
The movie will be directed by Sean Lahiff and produced by franchise creator Greg McLean alongside Bianca Martino. The plot follows American tourists whose children become stranded and hunted in the Australian wilderness after their parents sacrifice themselves. The production team includes notable producers Jeremy Bolt (Resident Evil franchise) and Kristian Moliere (The Babadook).