Cineverse Added to Multiple Russell Indexes Including 3000E, Microcap, Growth, and Value Segments
LOS ANGELES, July 2, 2025 /PRNewswire/ -- Cineverse Corp. (NASDAQ:CNVS), a global streaming technology and entertainment company, today announced its inclusion in multiple FTSE Russell indexes, effective June 29 and June 30, 2025, as part of the annual reconstitution of the Russell U.S. Indexes.
Cineverse has been added to the following indexes:
- Russell 3000E® Index (Effective June 30, 2025)
- Russell 3000E® Growth Index (Effective June 30, 2025)
- Russell 3000E® Value Index (Effective June 29, 2025)
- Russell Microcap® Index (Effective June 30, 2025)
- Russell Microcap® Growth Index (Effective June 30, 2025)
- Russell Microcap® Value Index (Effective June 30, 2025)
Inclusion in these indexes expands Cineverse's visibility across a wide range of institutional investors and index-tracking funds. The Russell indexes are broadly used by asset managers and institutional investors as benchmarks for passive and active investment strategies.
"We're honored to be included in multiple Russell indexes this year, including both growth and value segments," said Chris McGurk, Chairman and CEO of Cineverse. "This distinction highlights the unique positioning of our business: strong growth momentum coupled with a value profile that we believe remains underappreciated in the broader market. As we continue scaling our wide-release theatrical slate, monetizing our technology platforms, and expanding our streaming channels, we believe there is significant upside ahead."
About Cineverse:
Cineverse (Nasdaq: CNVS) is a next-generation entertainment studio that empowers creators and entertains fans with a wide breadth of content through the power of technology. It has developed a new blueprint for delivering entertainment experiences to passionate audiences and results for its partners with unprecedented efficiency, and distributes more than 71,000 premium films, series, and podcasts. Cineverse connects fans with bold, authentic, independent stories. Properties include the highest-grossing unrated film in U.S. history; dozens of streaming fandom channels; a premier podcast network; top horror destination Bloody Disgusting; and more. Powering visionary storytelling with cutting-edge innovation, Cineverse's proprietary streaming tools and AI technology drive revenue and reach to redefine the next era of entertainment. For more information, visit home.cineverse.com.
About FTSE Russell, an LSEG Business
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by London Stock Exchange Group.
For more information, visit FTSE Russell.
CONTACTS
For Media, The Lippin Group for Cineverse
[email protected]
For Investors, Julie Milstead
[email protected]
Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding the Company's business strategy, growth potential, and future opportunities. These statements are based on current expectations, estimates, forecasts, and projections about the industry and markets in which the Company operates, and management's beliefs and assumptions. Forward-looking statements involve known and unknown risks and uncertainties that could cause actual results to differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to update any forward-looking statements, except as required by applicable law.
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SOURCE Cineverse Corp.