Curiositystream Inc Stock Price, News & Analysis

CuriosityStream (CURI) has announced a 20% increase in its quarterly dividend, raising it from $0.025 to $0.03 per share. The dividend will be paid in cash on March 28, 2025, to shareholders of record as of March 14, 2025.

CEO Clint Stinchcomb attributed the increase to confidence in the company's strategy and financial performance. He highlighted growth in direct subscription businesses and revealed a new revenue stream from data licensing for AI model training. The company is collaborating with technology companies to provide extensive video and audio content for AI training purposes.

CuriosityStream (Nasdaq: CURI) announces significant expansion in content licensing operations, particularly focusing on AI training data. Speaking at the 27th Annual Needham Growth Conference, CEO Clint Stinchcomb revealed that the company expects licensing revenue to exceed 50% of their direct subscription revenue this year, driven by strong demand for their video, audio, image, and data assets from tech companies and hyper-scalers developing AI models.

This strategic move represents a significant diversification of revenue streams for the global factual entertainment company, complementing their existing subscription business model while capitalizing on the growing demand for high-quality training data in AI development.

CuriosityStream (Nasdaq: CURI), a leading global factual entertainment company, has announced its participation in the 27th Annual Needham Growth Conference in New York. President and CEO Clint Stinchcomb will join Needham's Senior Entertainment and Internet Analyst Laura Martin for the Future of Streaming panel on Tuesday, January 14th, 2025, at 2:15pm ET.

The discussion will focus on category partnerships, including CuriosityStream's video and data licensing initiatives for AI training, and their potential impact on revenue and earnings for 2025 and beyond. Interested parties can arrange one-on-one meetings with CuriosityStream through Needham sales representatives.

Curiosity Inc. (NASDAQ: CURI) announced a significant expansion of its Free Ad-Supported Streaming Television (FAST) presence through new channel launches on major platforms including Fubo, DirecTV, Sky UK, Xumo, and STARZ ON. The company's flagship FAST channel, Curiosity Now, offers content ranging from history and science to technology and lifestyle.

The expansion includes notable launches: Curiosity Now on Fubo's Pro Base Plan, Sky Stream and Sky Glass in the UK, Xumo Play, STARZ ON across 19 MENA countries, and MyFreeDirecTV. This growth follows successful launches earlier this year on Vizio, Samsung TV+, LG, and Rakuten across multiple regions. Curiosity's distribution network now spans over 100 platforms across audio and visual media.

HITN, the leading Spanish-language public media network in the US, has formed a strategic alliance with Curiosity (CURI) to license premium documentary content. The partnership includes licensing of several Curiosity original series such as Ancient Engineering, CSI on Trial, and The Secrets to Civilization, among others.

The agreement aims to bring educational and entertaining content to Spanish-speaking audiences across the United States, featuring programs filmed globally that cover topics from ancient mysteries to future technologies. This collaboration aligns with HITN's mission to provide high-quality, informative content to its viewers.

CuriosityStream (NASDAQ: CURI) reported Q3 2024 financial results with revenue of $12.6 million, down from $15.6 million in Q3 2023. The company achieved its highest quarterly Adjusted Free Cash Flow of $2.6 million and third consecutive quarter of positive net cash from operating activities at $5.1 million. Net loss narrowed to $3.1 million from $26.6 million year-over-year. The company expanded globally through new partnerships with Amazon, Samsung, Vodafone, and others, while launching four FAST channels and Curiosity University on Prime Video. The Board declared a quarterly dividend of $0.025 per share and repurchased 173,000 shares.

Curiosity Inc. (NASDAQ: CURI) has announced a strategic distribution partnership with Off The Fence to license part of its content portfolio in China, Hong Kong, and Macau. The deal includes 56 unique titles, totaling 148 hours of premium factual content, spanning short-form documentary series to premium long-form content.

Key titles in the partnership include:

• Breakthrough (83 episodes)
• Bright Now (72 episodes)
• Tracker's Diary: Bears of Katmai (6x30)
• Connections with James Burke (6x60)
• Stephen Hawking's Favorite Places (3x30)
• Titans: The Rise of Hollywood (6x50)

This collaboration aims to meet the growing demand for world-class factual content in Chinese-speaking territories, leveraging Off The Fence's extensive experience and strong presence in these markets.

CuriosityStream Inc. (NASDAQ: CURI), a leading global factual entertainment media company, has announced it will release its third quarter 2024 financial results on Wednesday, November 6, 2024, after market close. The company will host a Q&A conference call to discuss these results at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on the same day.

A live audio webcast of the call will be available on the CuriosityStream Investor Relations website. Participants can also dial in toll-free at (888) 510-2008 or internationally at (646) 960-0306, referencing conference ID 3957505. An audio replay of the conference call will be accessible for two weeks following the call on the company's Investor Relations website.

Shell Recharge and Curiosity (Nasdaq: CURI) are collaborating to enhance the e-mobility experience. From October 1st to November 24th, 2024, Shell Recharge app users in the Netherlands will receive free access to Curiosity Stream's extensive library of educational content. This partnership aims to entertain and educate drivers while they charge their electric vehicles.

The Shell Recharge app allows users to locate and pay at over 500 public charging points across the Netherlands. Drivers can filter chargers by type, connector, and power. The collaboration offers added value to consumers, aligning with Shell Recharge's 'charge smart' initiative and Curiosity's commitment to providing high-quality factual programming globally.

Curiosity Stream features various series, including the rebooted 'Connections with James Burke', 'The Real Wild West', and 'Beyond The Spotlight', executive produced by Leonardo DiCaprio.