STOCK TITAN
  1. Home
  2. News
  3. CNVS

Cineverse Corp. - CNVS STOCK NEWS

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) is a pioneering streaming technology and entertainment company, specializing in the distribution and creation of premium content. Leveraging a state-of-the-art proprietary technology platform, Cineverse operates an extensive portfolio of owned and operated streaming channels. These include Subscription Video on Demand (SVOD), Advertising-Based Video on Demand (AVOD), and Free Ad-Supported Streaming Television (FAST) channels.

The company primarily operates through two segments: Content & Entertainment and Cinema Equipment, with the former contributing the majority of its revenues. Cineverse provides a full spectrum of services and content to some of the world's most recognized digital platforms such as iTunes, Netflix, and Amazon, as well as cable and satellite providers like Comcast and Dish Network.

Cineverse is not just a content provider but a technological innovator. Recently, it launched cineSearch, an AI-powered conversational entertainment search platform designed to enhance content discoverability. Utilizing advanced metadata and AI recommendations, cineSearch aims to reduce viewer churn and improve user experience by offering personalized content suggestions.

In addition to its digital streaming services, Cineverse has formed influential partnerships and expanded its international presence. A notable example is the recent collaboration with Australia's Network 10 to bring Cineverse's FAST channels to 10 Play, marking a significant step in its global expansion strategy.

The company also boasts a successful podcast network, achieving over 12 million downloads and streams per month, positioning itself among industry giants. Another key project includes the remastering of

News

Cineverse Partners with Google Cloud to Launch a Conversational AI-Powered Search & Discovery Tool for Film and Television Content

Rhea-AI Summary
Cineverse Corp. (NASDAQ: CNVS) introduces cineSearch, an AI-powered movie search platform, to revolutionize content discovery and recommendation systems across all streaming platforms. The service utilizes Google Cloud's Vertex AI Search and PaLM 2 LLM to provide an innovative, conversational experience for users seeking film recommendations. CineSearch offers a unified search engine with extensive metadata, scene-specific details, and viewer preferences to suggest ideal movie choices, even across different streaming services. The launch of cineSearch aims to address the pressing issue of effective content discovery in the streaming industry, enhancing user experiences and promoting undiscovered content.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
51.61%
Tags
partnership AI
-
News

CINEVERSE EXPANDS EXISTING CREDIT LINE WITH EAST WEST BANK TO $7.5 MILLION

Rhea-AI Summary
Cineverse Corp. (CNVS) secures a $7.5 million expanded credit facility from East West Bank, enhancing financial stability without equity dilution. This move supports key business initiatives and aims for sustainable profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.04%
Tags
none
-
News

Cineverse Debuts EntrepreneurTV FAST Channel

Rhea-AI Summary
Cineverse Corp. (NASDAQ: CNVS) unveils new free ad-supported streaming television (FAST) channel, EntrepreneurTV, initially available on Sling Freestream. The channel features more than 200 hours of content streaming 24/7 and is the first-ever FAST channel from Entrepreneur Media LLC. It will include original and award-winning shows focusing on entrepreneurship and start-up businesses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.69%
Tags
none
News

Cineverse to Report Third Quarter Fiscal 2024 Financial Results on Wednesday, February 14, 2024

Rhea-AI Summary
Cineverse Corp. (CNVS) will release its financial results for Q3 of fiscal year 2024 on February 14, 2024. The company will host a conference call to discuss the results, with access available via dial-in numbers or webcast. The recording will be made available on the company's website for those unable to attend the live call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.64%
Tags
conferences earnings
-
News

Cineverse Premieres Sid & Marty Krofft Channel

Rhea-AI Summary
Cineverse Corp. debuts the Sid & Marty Krofft Channel, offering iconic 70s and 80s shows on VOD platforms like The Roku Channel, Cineverse, Dove Channel, and Midnight Pulp. The deal secured worldwide rights to the Kroffts' extensive catalog in 2023, making their classics available digitally for the first time. The remastered library includes shows like H.R. Pufnstuf, The Bugaloos, and Land of the Lost, providing nostalgia for old fans and introducing new generations to the legendary duo's work.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.06%
Tags
none
-
News

Cineverse Debuts New FAST Channel: Dog Whisperer with Cesar Millan

Rhea-AI Summary
Cineverse Corp. (NASDAQ: CNVS) launches Dog Whisperer with Cesar Millan as a free, ad-supported streaming television (FAST) channel on Amazon Freevee, offering all nine seasons and 160-plus episodes of the iconic series. Cineverse secured U.S. and Canadian rights to distribute the series in 2023 and is handling ad sales for the new channel, utilizing its proprietary content and audience management platform Matchpoint™ Dispatch.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.11%
Tags
none
News

Mary Ann Halford Appointed to Cineverse Board of Directors

Rhea-AI Summary
Cineverse Corp. (NASDAQ: CNVS) appoints media and entertainment strategist Mary Ann Halford to its Board of Directors, bringing valuable insights and experience in technology, content monetization, and distribution to the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.93%
Tags
management
-
News

Cineverse Serves Up a Tasty Trio of Holiday Horror this Season. The Company has Acquired the North American Rights to Secret Santa, Night of the Missing & Santastein for Their Streaming Service SCREAMBOX

Rhea-AI Summary
Cineverse (NASDAQ: CNVS) acquires three new holiday horror titles, Secret Santa, Night of the Missing, and Santastein, exclusively on SCREAMBOX. The horror streaming service aims to provide a refreshing sub-genre within horror, offering a contrast to the 'all is well' narrative in seasonal films. The acquisitions present a unique blend of laughter, blood, and gore, providing something for everyone.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.89%
Tags
acquisition
-
News

Cineverse Inks Global Commercial YouTube Channel Agreement with Little Dot Studios

Rhea-AI Summary
Cineverse Corp. (CNVS) signs a new agreement with Little Dot Studios to manage and grow Fandor, RetroCrush, and Midnight Pulp channels exclusively on YouTube. The deal aims to expand the company's footprint and grow audiences through social media and digital content touchpoints.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.98%
Tags
none
News

Cineverse to Capitalize on Momentum of Bloody Disgusting Horror Brand with Audio Expansion and Formation of New Publishing Imprint, Bloody Press

Rhea-AI Summary
Cineverse Corp. (NASDAQ: CNVS) Names Tom Owen Managing Director of Audio and Pacific Obadiah Head of Original Programming – Plans to Expand Revenue in Audio and Publishing. Launch Dates of 'Terrifier 2' Audiobook, eBook and Print Editions in February 2024 Announced. Scripted Podcast 'Dead Space: Deep Cover' with Electronic Arts Set for Summer 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.7%
Tags
none

FAQ

What is the current stock price of Cineverse (CNVS)?

The current stock price of Cineverse (CNVS) is $3.75 as of January 31, 2025.

What is the market cap of Cineverse (CNVS)?

The market cap of Cineverse (CNVS) is approximately 60.9M.

What does Cineverse Corp. do?

Cineverse Corp. is a streaming technology and entertainment company that operates a portfolio of owned and operated streaming channels powered by its proprietary technology platform.

Where is Cineverse traded?

Cineverse Corp. is publicly traded on NASDAQ under the ticker symbol CNVS.

What are Cineverse's main business segments?

Cineverse operates mainly through two segments: Content & Entertainment and Cinema Equipment, with Content & Entertainment deriving the majority of its revenues.

What is cineSearch?

cineSearch is Cineverse's AI-powered conversational entertainment search platform designed to improve content discoverability and personalization.

What are Cineverse's recent partnerships?

Recent partnerships include a distribution deal with Australia's Network 10 and a collaboration with Gracenote to enhance cineSearch.

What is the Cineverse Podcast Network?

The Cineverse Podcast Network is a leading network that offers a range of entertainment, horror, and true crime podcasts, attracting millions of listeners monthly.

How many streaming channels does Cineverse operate?

Cineverse operates multiple streaming channels, including SVOD, AVOD, and FAST channels, serving millions of viewers globally.

What is the significance of cineSearch?

cineSearch leverages AI and extensive metadata to offer personalized content recommendations, aiming to reduce viewer churn and enhance user engagement.

Does Cineverse offer international services?

Yes, Cineverse has expanded its services internationally, including a notable partnership with Network 10 in Australia to offer its FAST channels.

What are the future plans for Cineverse?

Cineverse aims to continue expanding its streaming services, enhance its AI-powered solutions, and grow its international presence.
Stock CNVS logo
Cineverse Corp.

Nasdaq:CNVS

CNVS Rankings

#4786 Ranked by Market Cap
N/A Ranked by Dividends

CNVS Stock Data

60.87M
12.88M
18.23%
14.4%
2.18%
Entertainment
Services-video Tape Rental
Link
United States
NEW YORK