Cineverse Reports Fourth Quarter and Fiscal Year 2024 Results

$CNVS
Consumer Electronics/Video Chains
Consumer Discretionary
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$CNVS

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$CNVS
Press Releases

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  • Cineverse Hires Industry Veterans Laura Schumer and Ben Cabonargi to Lead Direct Ad Sales for Rapidly Growing Podcast Network

    New Team Brings Four Decades of Experience from SiriusXM, Pandora, Stitcher and Turner Broadcasting LOS ANGELES, March 13, 2025 /PRNewswire/ -- Cineverse (NASDAQ:CNVS), a next-generation entertainment studio, today announced that it has hired Laura Schumer and Ben Cabonargi as Directors of Podcast Sales. With over four decades of experience in the media industry between them, Schumer and Cabonargi will spearhead the new podcast direct sales team for the Cineverse Podcast Network. They will work with the leading podcast media agencies and brands to sell Cineverse's more than 35 audio series that have over 75 million downloads.

    $CNVS
    Consumer Electronics/Video Chains
    Consumer Discretionary
  • Cineverse Partners with SymphonyAI to Accelerate AI Capabilities of Matchpoint Insights Platform

    SymphonyAI's genAI Technologies Complement Cineverse's Portfolio of Advanced AI Offerings LOS ANGELES, March 11, 2025 /PRNewswire/ -- Cineverse (NASDAQ:CNVS), a next-generation entertainment studio, is accelerating its investment in advanced technology to strengthen its AI leadership. As part of this strategic move to high-margin AI-powered business opportunities, the company announced today that it has adopted SymphonyAI's Revedia DataOps to unify AVOD, TVOD, SVOD, and FAST viewership data as well as ad-supported and subscription-based revenue data from previously siloed sources to perform AI-based data augmentation and conduct rapid in-depth analysis across all platforms and channels. 

    $CNVS
    Consumer Electronics/Video Chains
    Consumer Discretionary
  • Cineverse and Leading Comedy Club Brand The Stand Group to Launch WITZ Podcast Network Through New Development and Distribution Pact

    The Stand Group continues to build a digital footprint on the heels of launching a FAST channel and will work with Cineverse to develop IP while monetizing existing WITZ comedy programming through the podcast network Partnership kicks off with SXSW event to celebrate the new venture and Cineverse's upcoming and highly-anticipated, unrated wide release of comedy/horror film, The Toxic Avenger AUSTIN, Texas, NEW YORK and LOS ANGELES, March 6, 2025 /PRNewswire/ -- On the eve of their standup comedy takeover of the 2025 South By Southwest festival in Austin, TX, The Stand Group, Inc. announce a partnership with leading independent entertainment studio, Cineverse and their fast-growing podcast a

    $CNVS
    Consumer Electronics/Video Chains
    Consumer Discretionary

$CNVS
Insider Trading

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$CNVS
SEC Filings

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Leadership Updates

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  • Cineverse's Streaming Service, SCREAMBOX, Announces Robust Slate of Originals and Acquisitions as Part of Their Terrifying Winter Horror Lineup

    LOS ANGELES, Dec. 9, 2024 /PRNewswire/ -- Cineverse (NASDAQ:CNVS), a next-gen entertainment studio, and Bloody Disgusting, its horror division, have announced their upcoming slate of releases for its streaming service, SCREAMBOX. This includes December dates for recently-announced acquisitions Breathing In (2024 Macabro: Mexico City International Horror Film Festival's Best Film winner) and the cringe-inducing exorcism horror Deus Irae (an official selection of the 2024 Brussels International Fantastic Film Festival). "SCREAMBOX is stuffing the stockings this holiday season wi

    $CNVS
    Consumer Electronics/Video Chains
    Consumer Discretionary
  • Cineverse Appoints Rey Puentenegra as Vice President, Corporate Controller

    LOS ANGELES, Nov. 5, 2024 /PRNewswire/ -- Cineverse (NASDAQ:CNVS), an innovative streaming entertainment and technology company, today announced that it has hired Rey Puentenegra as Vice President, Corporate Controller. Leveraging over 20 years of combined experience across the Industry, Audit and Regulatory Sectors, Puentenegra will oversee all financial and accounting functions across Cineverse's entire business. He will manage day-to-day operations of the accounting department while taking ownership of corporate accounting, regulatory and financial reporting, audit preparation, and the continual development of internal control policies and procedures. Puentenegra's appointment is effectiv

    $CNVS
    Consumer Electronics/Video Chains
    Consumer Discretionary
  • DIRECTV Delivers More Choice with Seven New Channels from Cineverse and Scripps Networks

    Expansive licensing agreement with Cineverse includes The Bob Ross Channel, Comedy Dynamics, Dove Channel, and Dog Whisperer with Cesar Millan, while Scripps Networks' Court TV and Scripps News all join DIRECTV's rapidly expanding lineup today LOS ANGELES, April 23, 2024 /PRNewswire/ -- DIRECTV is adding seven new channels to its rapidly expanding streaming lineup through new licensing agreements with Cineverse Corp. (NASDAQ:CNVS) and Scripps Networks. The first of Cineverse's more than a dozen popular channels to join DIRECTV streaming homes are The Bob Ross Channel, Comedy D

    $CNVS
    Consumer Electronics/Video Chains
    Consumer Discretionary

$CNVS
Financials

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  • Cineverse Reports Third Quarter Fiscal Year 2025 Results

    Total Revenue of $40.7 Million, a 207%, or $27.5 Million, Increase over Prior Year QuarterNet Income of $7.2 Million, a $9.9 Million Increase over Prior Year Quarter Adjusted EBITDA of $10.8 Million, a $9.0 Million Increase over Prior Year Quarter Total Direct Operating Margin of 48% LOS ANGELES, Feb. 13, 2025 /PRNewswire/ -- Cineverse Corp. ("Cineverse" or the "Company") (NASDAQ:CNVS), a global streaming technology and entertainment company, today announced its financial results for its fiscal third quarter ended December 31, 2024 ("Q3 FY 2025").  The Company's financial resu

    $CNVS
    Consumer Electronics/Video Chains
    Consumer Discretionary
  • Cineverse Acquires North American Rights to Wolf Creek: Legacy, the Hotly Anticipated Third Installment of the Outback Slasher Franchise, From Architect Global

    John Jarratt Reprises His Role as Mick Taylor, the Crocodile Dundee of Serial Killers! LOS ANGELES, Feb. 12, 2025 /PRNewswire/ -- Cineverse (NASDAQ:CNVS), a next-generation entertainment studio, and Bloody Disgusting, its horror division, have announced today the acquisition of Wolf Creek: Legacy, the third film of the incredibly popular slasher franchise. The announcement was made ahead of the European Film Market (EFM). Filming begins this year with an anticipated theatrical release in the fall of 2026. John Jarratt will reprise his role as the infamous Outback Killer, Mick

    $CNVS
    Consumer Electronics/Video Chains
    Consumer Discretionary
  • Cineverse to Report Third Quarter Fiscal 2025 Financial Results on Thursday, February 13, 2025

    LOS ANGELES, Feb. 7, 2025 /PRNewswire/ -- Cineverse Corp. (NASDAQ:CNVS), a next-generation entertainment studio, today announced it will release its financial results for the third quarter fiscal year 2025 ended December 31, 2024, after market close on Thursday, February 13, 2025. Cineverse will host a conference call discussing these results at 4:30 p.m. ET/1:30 p.m. PT that same day. To participate in the live conference call, please use the following dial-in numbers: United States (Local): +1 404 975 4839 United States (Toll-Free): +1 833 470 1428 Canada (Toll-Free): +1 833

    $CNVS
    Consumer Electronics/Video Chains
    Consumer Discretionary

$CNVS
Large Ownership Changes

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