A number of popular Cineverse FAST and AVOD
channels will be distributed to non-theatrical markets including
universities, hospitals, libraries, cruise ships, and more
LOS
ANGELES, Sept. 11, 2023 /PRNewswire/
-- Cineverse Corp. (NASDAQ: CNVS), a global streaming
technology and entertainment company boasting an extensive
portfolio of channels and content libraries, announced today a
partnership with Anuvu Operations LLC d/b/a Criterion Pictures, a
global leader in land-based, non-theatrical movie, TV, and digital
entertainment distribution, to manage and grow its third-party and
owned and operated over-the-top (OTT) channels.
In this new deal, a number of popular Cineverse FAST and AVOD
channels including The Bob Ross Channel, Fandor, Midnight Pulp, and
EntrepreneurTV will be distributed to non-theatrical markets
including universities, hospitals, libraries, cruise ships, and
more. Each of these channels are either owned, operated or
distributed by Cineverse, and all channels are powered by
Matchpoint, the company's digital service technology which
streamlines delivery. The deal will also include title licensing
opportunities to Criterion's land-based North American customer
base.
"With our experienced team and long-term relationships, we are
excited to deliver these great new additions to colleges and
universities along with many of our traditional channels that have
been developed over the years," said Suzi
Hitchon, VP Operations, Criterion.
"We look forward to expanding our footprint and growing
audiences for our channels and there's no better partner in the
non-theatrical space than Criterion," said Marc Rashba, EVP of Global Partnerships,
Cineverse. "Through our commercial expansion strategy, we are able
to work closely with our internal content teams and partners like
Criterion to engage new audiences beyond the current scope of our
FAST and AVOD services."
Cineverse also recently partnered with Anuvu to bring its
Chinese animated film Warrior King to airline partners
worldwide, excluding China. The
epic fantasy film, inspired by the true story of King Gesar born to divine lineage and destined
to be a great hero and ruler, is expected to hit airlines in
November.
ABOUT CRITERION
Criterion Pictures is one of the
largest non-theatrical providers of feature films in North America licensing feature films for
colleges, universities, correctional facilities, healthcare
organizations, bus lines, as public and private schools, museums,
performing art centers, religious organizations, resorts, camps,
and park and recreation. Criterion offers its customers
customizable programming options and supplies its product on all
available mediums.
In the United States, Criterion
has exclusive relationships with some of Hollywood's largest film studios, such as 20th
Century Studios, Searchlight Pictures, Samuel Goldwyn and National Geographic among
others. The company provides title-by-title rights, bulk licensing
options, blanket licensing services for select markets, and online
digital solutions. They work with customers to deliver content by
all available means and to meet their individual specific
needs.
Criterion Pictures is part of Anuvu, the leading provider of
high-speed connectivity and non-theatrical entertainment solutions
for demanding worldwide mobility markets including aviation and
maritime.
For more information visit criterionpicusa.com
ABOUT CINEVERSE
Cineverse (NASDAQ: CNVS) is a global
streaming technology and entertainment company with one of the
world's largest portfolios of owned and operated streaming
channels, all powered by its advanced, proprietary technology
platform. Cineverse currently features enthusiast brands for
subscription video on demand (SVOD), advertising-based video on
demand (AVOD) and free, ad-supported streaming television (FAST)
channels. Cineverse entertains consumers around the globe by
providing premium feature film and television series, enthusiast
streaming channels and technology services to some of the world's
largest media, retail and technology companies.
For more information, please visit www.cineverse.com.
For additional information, please contact:
For Media
The Lippin Group for Cineverse
cineverse@lippingroup.com
For Investors
Julie Milstead
424-281-5411
investorrelations@cineverse.com
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SOURCE Cineverse Corp.