- Business
- Cineverse Corp. (Nasdaq: CNVS; FSE: IQ50) operates as a global streaming technology and entertainment company, focusing on owned and operated streaming channels with enthusiast fan bases; large-scale aggregation and full-service distribution of feature films and television programs; and a proprietary software-as-a-service platform, Matchpoint, for over-the-top app development and content distribution via subscription video on demand (SVOD), ad-supported video on demand (AVOD), transactional video on demand (TVOD), ad-supported streaming linear (FAST) channels, social video streaming, and audio podcasts. The company distributes content for major brands including Hallmark, ITV, Nelvana, ZDF, Konami, and NFL across digital platforms such as Apple iTunes, Amazon Prime, Netflix, Hulu, Xbox, Pluto, and Tubi, as well as physical media like DVDs and Blu-ray discs; it maintains a library exceeding 33,000 film and TV titles, serves over 82 million monthly streaming viewers, and holds more than 1.4 million SVOD subscribers with 25 million social media followers. Founded in 2000 and headquartered at 224 West 35th Street, Suite 500 #947, New York, New York, Cineverse targets niche audiences in sectors such as faith and family, anime, horror, action, sports, Westerns, Asian content, and standup comedy, with global operations reaching direct-to-consumer channels, major apps, and third-party distributors. Recent developments include a May 2024 co-financing and distribution partnership with BondIt Media Capital for North American film projects starting with Terrifier 3 through its Bloody Disgusting horror division; the Q2 fiscal 2026 announcement of a joint venture with Banyan Ventures to launch MicroCo, a microseries studio and platform led by former Showtime President Jana Winograde and ex-NBCUniversal executive Susan Rovner; and acquisition of U.S. rights to Air Bud Returns in partnership with Air Bud Entertainment. The company, formerly known as Cinedigm Corp. until its rebranding in May 2023, continues to expand its Matchpoint technology partnerships with major studios and pursues accretive M&A to enhance its enthusiast streaming portfolio and content offerings.