Rivulet Media, Inc.
RIVU
Other OTC0.00
USD
+0.00
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Rivulet Media, Inc.
RIVU
(Other OTC)
Recent
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0.00
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yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Rivulet Media, Inc. (RIVU) operates as a media and entertainment company focused on the production, distribution, and marketing of feature-length films, television series, mini-series, and television movies; it also engages in music-related activities and leverages a proprietary financing model to deliver studio-quality, star-driven content more efficiently. Founded in 2020 and headquartered in Gilbert, Arizona, the company targets global audiences with commercial cinematic projects including "The Dink" starring Jake Johnson, "Nutcrackers" featuring Ben Stiller, "Law Abiding Citizen 2" with Gerard Butler, and "Acolyte" from John Wick screenwriter Derek Kolstad, alongside past involvement in films like John Wick and Drinking Buddies. In recent developments, Rivulet Entertainment, Inc. (formerly Advanced Voice Recognition Systems, Inc., trading as RIVF), completed a reverse merger on July 7, 2024, acquiring certain wholly-owned subsidiaries of Rivulet Media for approximately $10 million in cash and 97 million shares, amended its asset purchase agreement multiple times in 2024 to include entities like The Dink Productions, LLC and increase share issuances to over 96 million, shifted its fiscal year-end to June 30, and reported $10 million in revenue with a $5.9 million net loss in its latest annual filing. The company continues to expand its production pipeline while seeking additional financing to support feature film development and achieve profitability.