Cineverse Corp. is a leading independent streaming entertainment company, transitioning from traditional content distribution to a tech-driven digital platform with a large content library and global reach.

# Company Overview Summary

## Company Identity
- **Name:** Cineverse Corp.
- **Incorporation:** Delaware, March 31, 2000
- **Headquarters:** 224 W. 35th St., Suite 500 #947, New York, NY 10001
- **Stock Listing:** Nasdaq under symbol **CNVS** (rebranded from CIDM on May 22, 2023)

## Business Focus
- Transitioned from digital cinema equipment and physical content distribution to a **leading independent streaming company**.
- Utilizes **technology** to innovate in entertainment distribution.

## Core Operations
- Manages **a portfolio of owned and operated streaming channels** with enthusiastic fan bases across various genres.
- Acts as **a large-scale global aggregator and full-service distributor** of feature films and television programs.
- Provides **a proprietary SaaS platform (Matchpoint™)** offering OTT app development and content distribution tools.

## Streaming Technology & Capabilities
- **Matchpoint™ platform:** Supports AVOD (ad-supported), SVOD (subscription), TVOD (transactional), and linear channels.
- Automates content distribution and includes a **robust data analytics platform**.
- Distribution includes licensing content to major OTT platforms such as Amazon, Apple, Netflix, Google, and others.
- Focuses on **owning and launching enthusiast-oriented channels** in sectors like faith & family, anime, action, horror, sports, Westerns, Asian, standup comedy, and others.
- **Device & Platform Reach:** Aims to grow audience reach to potentially hundreds of millions globally, on billions of connected devices.

## Content & Library
- **Library:** Over **71,000 film and TV assets**
- Has reached **over 82 million streaming viewers**
- Maintains **over 1.4 million SVOD subscribers**
- Has **25 million followers on social media**

## Revenue & Financials
- **2025 Revenue:** $78.2 million (59% growth YoY)
  - Streaming & digital: $44.4 million
  - Base distribution (physical & theatrical): $28.6 million
  - Podcast & other: $4.9 million
  - Non-recurring: $0.3 million
- **2025 Net Income:** Approximately **$3.2 million**
- **Employees:** 218 total
  - 127 in operations
  - 40 in sales & marketing
  - 51 in executive, finance, tech, admin
  - **Location:** 101 in the US, 117 in India

## Business Strategy
- Focuses on **acquiring premium content and streaming channels**
- Expanding **Matchpoint™ platform** for global distribution
- Building device/platform partnerships with Amazon, Samsung, Roku, YouTube TV, Vizio, LG, Sling TV, and others
- Licensing content to major OTT players like Amazon, Apple, Netflix, Google
- Growing **viewership and subscription base** worldwide
- Pursues mergers and acquisitions to **scale operations** and **enhance content libraries**

## Recent Activity & Market
- Market value (as of September 30, 2024): **$14.56 million** (based on share price of $0.98)
- **Shares Outstanding:** 17.1 million as of June 20, 2025
- **Stock Symbol:** CNVS
- No dividends paid or expected in the foreseeable future.

This summary details Cineverse's evolution into a **major independent streaming entertainer**, with a significant content library, broad audience reach, and technological platform for content distribution and analytics, supported by a diverse employee base and strategic partnerships.

Cineverse Corp. is a leading streaming technology and entertainment company that aims to revolutionize the media landscape through innovative content and technology solutions.

### Cineverse Corp. Overview

Cineverse Corp. (“Cineverse” or “Company”) is a premier streaming technology and entertainment company, focused on transforming the media and entertainment landscape through innovative technology and content distribution. Below are the key details regarding the company’s operations, metrics, and offerings:

#### Business Segments

1. **Streaming Channels**: 
   - **Owned and Operated Channels**: Cineverse operates a portfolio of streaming channels with specific enthusiast fan bases.
   - **Target Demographics**: Multiple specialty sectors such as faith and family, anime, action, horror, sports, Westerns, Asian content, standup comedy, among others.

2. **Content Aggregation and Distribution**:
   - Acts as a **global aggregator** and **full-service distributor** for feature films and television programs.
   - Distributes content for major brands including Hallmark, ITV, Nelvana, ZDF, Konami, NFL, and Highlander.
   - Works with both domestic and international content creators.

3. **Technology Platform**:
   - Operates the **Matchpoint™** platform, providing clients with capabilities including:
     - Ad-supported Video on Demand (AVOD)
     - Subscription Video on Demand (SVOD)
     - Transactional Video on Demand (TVOD)
     - Automated content distribution
     - Robust data analytics
  
#### Key Metrics

- **Content Library**: The company possesses rights to a library of over **33,000 film and TV assets**.
- **Viewership**: Cineverse’s channels have reached over **82 million streaming viewers**.
- **Subscribers**: The Company has over **1.4 million SVOD subscribers**.
- **Social Media Following**: **25 million followers** across various social media platforms.

#### Employees

- As of March 31, 2024:
  - **Total Employees**: **179**
    - **Full-time**: 176
    - **Part-time and Temporaries**: 3
  - Employee Distribution:
    - **Operations**: 74
    - **Sales and Marketing**: 16
    - **Executive, Finance, Technology, and Administrative**: 89
  - Location: 85 employees in the United States and 94 in India.

#### Financial Performance Overviews 

- **Revenue**: Information regarding precise revenue figures is not disclosed in the summary, but the company has been involved in notable losses.
- **Investments and Losses**: As of March 31, 2024, the company used **$10.6 million** of net cash flows in operating activities and has incurred long-term losses financed through equity investments and borrowings.

#### Strategic Focus

Cineverse is committed to achieving sustained profitable growth through:
- **Content Acquisition**: Focused on high-quality, curated content through SVOD, AVOD, and FAST channels.
- **Expansion**: Growth in its streaming content business and operational scalability through its proprietary Matchpoint™ technology.
- **Strategic Partnerships**: Collaborating with major platforms such as Amazon, Samsung, Roku, YouTube TV, and more.
  
#### Additional Notables
- The company has previously recorded **$14 million** in impairment charges and is subject to a **one-year “Panel Monitor”** by Nasdaq concerning its bid price compliance. 
- Cineverse is listed on the Nasdaq Capital Market under the ticker symbol **“CNVS”**.

Cineverse Corp.

10-K / June 30, 2025

10-K / July 1, 2024

10-K / June 30, 2025

Company Overview Summary

Company Identity

Business Focus

Core Operations

Streaming Technology & Capabilities

Content & Library

Revenue & Financials

Business Strategy

Recent Activity & Market