LOS
ANGELES, Oct. 5, 2023 /PRNewswire/ -- Cineverse
Corp. (NASDAQ: CNVS), a global streaming technology and
entertainment company with one of the world's largest portfolios of
streaming channels and content libraries, has partnered with
Vionlabs, a leading provider of AI video metadata solutions. This
partnership allows Cineverse to leverage Vionlabs advanced AI
technology to enable next-generation search capabilities on the
company's flagship Cineverse streaming platform and to serve as a
key metadata provider for an upcoming advanced search product.
Vionlabs, renowned for its fusion of cognitive AI techniques and
film expertise, offers AI technology that pulls relevant metadata
from filmed entertainment to aid in understanding the emotional
impact of content. The use of cognitive AI utilizes computer vision
and machine learning to generate never-before seen sentiment-data.
Vionlabs' recommendation engine and discovery platform supports the
creation of a unique and extremely accurate personal viewer
experience. This award-winning technology has consistently
demonstrated its ability to enhance search and discovery for more
accurate content recommendations, leading to higher click-through
rates and increased discovery of deeper catalog titles – for higher
return on content investments for companies such as Hulu and Canela
Media.
Through this partnership, Vionlabs' state-of-the-art cognitive
AI – called AINAR – has been integrated into Cineverse's
newly-introduced MatchpointAI, an innovative AI-based platform and
marketplace, which is part of the Company's cutting-edge,
proprietary streaming technology suite. MatchpointAI provides
a simple, one-stop solution for video content producers, streaming
platforms, and OEMs seeking to prepare, optimize and future-proof
their content. Vionlab's AINAR technology will be applied to more
than 60,000 film and television titles in Cineverse's library – all
content that is currently available on the Company's
owned-and-operated streaming channels (including the flagship
Cineverse service) as well as partner channels.
"It's with great enthusiasm that we team up with Cineverse, a
leading streaming innovator, to integrate our groundbreaking
cognitive AI technology into their Matchpoint product suite," said
Marcus Bergström, CEO of Vionlabs. "Our AI capacities will enable
an enhanced user experience, guiding viewers to content that more
deeply aligns with their interests, adding value to Cineverse and
their sophisticated audience."
By integrating AINAR into Matchpoint, users will benefit from
more nuanced and subjective recommendations based on analysis of
various elements, including tone, color, objects, sounds, and
action levels to comprehensively understand the emotional nature of
content. This enhanced understanding will result in heightened user
engagement throughout Cineverse's extensive content library.
"Our partnership with Vionlabs continues our unwavering
commitment to provide an unparalleled streaming experience by
leveraging cutting-edge technology to unlock the full potential of
our content library as part of our mission to redefine the home
viewing experience," added Tony
Huidor, Chief Operating Officer & Chief Technology
Officer of Cineverse. "Our goal is to take the consumer viewing
experience to the next level. As such, we continue to invest
in Matchpoint in order to build value as a technology provider
and to partner with innovative technology partners who share a
passion for cinema and our vision for the future of entertainment
as we look to solve issues that pose significant challenges in our
industry. We strongly believe that we can effectively use AI to
connect people with great stories they may not otherwise find."
The integration of AINAR into Cineverse's MatchpointAI will
allow users to enjoy an enhanced viewing experience through
features such as:
- Fingerprint embedding which enables data scientists to innovate
in personalization, content analysis, and other areas.
- The ability to predict more than 40 genres to categorize each
title and combine them with moods and keywords to create targeted
affinity groups, while also classifying content into more general
categories for accurate categorization.
- Identification of emotion and mood of scenes or characters can
be measured with unprecedented accuracy, recognizing more than 700
moods within a single film.
- AINAR extracts over 20 mood categories allowing Cineverse to
intrinsically connect titles across different genres.
- AINAR utilizes more than 1500 descriptive keywords with
weighted reflections of the content's story for enhancing
personalized content recommendations and improving search &
discovery to more effectively engage viewers.
About Matchpoint
Matchpoint (www.matchpoint.tv) – an
innovative product suite by Cineverse – is a one-stop streaming
solution, set to change the streaming landscape. With a mix of
proprietary and third-party AI-based tools, Matchpoint is
revolutionizing the way content owners and enterprises launch and
grow their streaming business.
About Cineverse
Cineverse is a global streaming
technology and entertainment company, boasting one of the world's
largest portfolios of streaming channels and content libraries.
Cineverse entertains consumers worldwide through a range of SVOD,
AVOD, and FAST channels, all powered by its advanced proprietary
technology platform. In addition, Cineverse provides technology
services to some of the world's largest media, retail, and
technology companies. For more information, visit
www.cineverse.com.
About Vionlabs
Vionlabs empowers brands to release the
potential of all content and differentiate the
consumer viewing experience using the first-of-its-kind
Cognitive AI video-audio platform called AINAR.
AINAR can analyze consumer moods and sentiments in long-format
video-audio files. Vionlabs helps streaming services, entertainment
companies, telecoms, software companies, and advertising platforms
create user experiences that are seamless, and non-disruptive, and
provide content that aligns with each viewer's tastes, all without
using third-party data. Headquartered in Stockholm, Sweden.
More info: Vionlabs.com, LinkedIn, YouTube, and
Twitter.
For Media, The Lippin Group for Cineverse
cineverse@lippingroup.com
For Investors, Julie Milstead
investorrelations@cineverse.com
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SOURCE Cineverse Corp.