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Cineverse Corp. (CNVS) delivers cutting-edge streaming technology and entertainment content through its global network of owned channels and partner platforms. This news hub provides investors and industry observers with essential updates on strategic developments, financial milestones, and content innovations from the streaming pioneer.
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Cinedigm has acquired all North American rights to the horror-comedy film Onyx the Fortuitous and the Talisman of Souls, which debuted at the 2023 Sundance Film Festival. The movie has received positive feedback and will be released in theaters this fall, followed by an exclusive launch on the horror streaming service SCREAMBOX.
The film, directed by Andrew Bowser, is based on his viral character and tells the story of an amateur occultist navigating a supernatural adventure. The film features a strong cast and boasts over 300 million views for the Onyx character online.
The acquisition is expected to enhance Cinedigm's content offerings and capitalize on the growing interest in horror genres.
Cinedigm (NASDAQ: CIDM) announced the acquisition of the iconic anime series "NADIA: The Secret of Blue Water" from GKIDS for its streaming service RetroCrush. This remastered series, available exclusively from June 2023, enhances RetroCrush's already extensive anime catalog, which includes over 100 series and 40 feature films from the 70s, 80s, and 90s. "NADIA" has a rich history dating back to the 1990s, having gained significant popularity for its compelling storytelling and animation. David Chu, Executive VP at Cinedigm, emphasized the show's timelessness, while GKIDS expressed excitement about reintroducing the series to a new audience. The acquisition is positioned as a strategy to strengthen Cinedigm's offerings in the highly competitive streaming market.
On April 13, 2023, Cinedigm announced a new collaborative project with Bloody Disgusting titled Untold, a horror concept born from a viral TikTok sensation. This project is shrouded in mystery, inviting audiences to consider whether it represents a lost film, potentially the scariest ever made. Co-founders Tom Owen and Brad Miska emphasize the project's transformative potential for the horror genre, as they delve deeper into the mystery surrounding Untold. The initiative promises exclusive updates via social media and encourages fan engagement using the hashtag #Untold. Cinedigm, a leader in digital entertainment for over 20 years, aims to reshape consumer perceptions in a rapidly evolving streaming landscape.
