Cineverse, also known as cinedigm or Cineverse Corp., is a publicly owned company headquartered in the United States. Founded in 2004, it employs approximately 180 individuals and reported $49.1M in revenue as of 2024. Functioning as a tier 1 media tech buyer, the company specializes in video business systems, powering custom content solutions for retail, media, and technology companies. It provides feature films and series to digital platforms including iTunes, Netflix, and Amazon, cable and satellite providers including Comcast, Dish Network, and DirecTV, and major retailers including Walmart and Target. The company is also active in the over-the-top channel business, managing four channels that reach hundreds of millions of devices, and provides content and service expertise to the OTT ecosystem.
On August 27, 2026, Tony Huidor, Cineverse's president of technology and chief product officer, departed the company through a mutual separation after more than 11 years. Huidor was key in transforming Cineverse from a legacy home entertainment distribution company into a digital networks operator and next-generation media technology provider. Previously, on August 13, 2026, Cineverse reported a 175% year-over-year increase in Q1 fiscal year 2027 total revenues, reaching $30.6 million, primarily driven by the acquisitions of Giant Worldwide and IndiCue. The company achieved its second consecutive quarter of positive adjusted EBITDA, improving by $2.6 million over the prior year. Management identified over $13 million in annual cost savings and synergies, including a $1.8 million reduction in force. Its streaming business reported record engagement with 4.5 billion minutes streamed, a 33% year-over-year increase, and SVOD subscribers grew 12% to 1.52 million. Technology revenues represented more than 60% of the consolidated total during the quarter. Despite the revenue surge, Cineverse posted a wider-than-expected net loss for the quarter, but reaffirmed its full-year fiscal 2027 guidance, maintaining projections for consolidated revenues between $115 million and $120 million.
Cineverse offers 2 products in the media and telecoms services and media tech industries. Cineverse's product portfolio comprises of video business systems and media and TV services.
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Cineverse's revenues were $49.1M in 2024. Caretta Research has split Cineverse's revenue into 2 different product categories.
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