Cineverse Corp
NASDAQ:CNVS
Cineverse Corp
Cinedigm Corp. is an independent streaming entertainment company, which engages in the marketing and distribution of movies, television, and other short form content managing a library of distribution rights. The company is headquartered in New York City, New York and currently employs 134 full-time employees. The company went IPO on 2006-04-18. The firm provides diversified specialty streaming, advertising, and content distribution with audiences for global content in North America. The company provides feature film and television series, enthusiast streaming channels and technology services to the media, retail, and platform companies. The company owns and operates seven over-the-top (OTT) channels for genres: AsianCrush (pan-Asian), Midnight Pulp (horror/thriller/action), Cinehouse, RetroCrush (classic anime), Cocoro, and KMTV (K-Pop), and Cinehouse Selects (arthouse). These are available as video-on-demand (AVOD and/or SVOD) apps on Smart TVs, mobile and connected TV devices; on Xbox One and Xbox Series X/S consoles; on the Web; and/or as linear, free ad-supported television (FAST) channels on LG Channels, Peacock, Plex, Redbox, The Roku Channel, Samsung TV Plus, and others.
Cinedigm Corp. is an independent streaming entertainment company, which engages in the marketing and distribution of movies, television, and other short form content managing a library of distribution rights. The company is headquartered in New York City, New York and currently employs 134 full-time employees. The company went IPO on 2006-04-18. The firm provides diversified specialty streaming, advertising, and content distribution with audiences for global content in North America. The company provides feature film and television series, enthusiast streaming channels and technology services to the media, retail, and platform companies. The company owns and operates seven over-the-top (OTT) channels for genres: AsianCrush (pan-Asian), Midnight Pulp (horror/thriller/action), Cinehouse, RetroCrush (classic anime), Cocoro, and KMTV (K-Pop), and Cinehouse Selects (arthouse). These are available as video-on-demand (AVOD and/or SVOD) apps on Smart TVs, mobile and connected TV devices; on Xbox One and Xbox Series X/S consoles; on the Web; and/or as linear, free ad-supported television (FAST) channels on LG Channels, Peacock, Plex, Redbox, The Roku Channel, Samsung TV Plus, and others.
Transformative Acquisitions: Cineverse closed two major deals—Giant Worldwide and IndiCue—immediately boosting revenue and EBITDA and positioning the company as a leading AI-powered entertainment technology provider.
Improved Margins: Direct operating margin rose to 69% this quarter, up from 48% a year ago, reflecting significant cost-cutting and operational efficiencies.
Strong Financial Guidance: Fiscal 2027 guidance calls for $115–$120 million in revenue and $10–$20 million in adjusted EBITDA, driven largely by the new acquisitions.
Streaming Growth: Monthly unique viewers reached 35.5 million, and SVOD subscribers grew 15% YoY to 1.55 million; streaming volume hit 1.14 billion minutes per month.
Synergy Potential: Management expects substantial revenue and margin synergies from integrating acquisitions and automating workflows, with upside not fully captured in conservative guidance.
Future M&A: Leadership is open to more acquisitions if opportunities like Giant and IndiCue arise, but near-term focus is on integration and extracting value.
