Cineverse (formerly Cinedigm), a publicly owned US company founded in 2004, provides content solutions to major retailers, media, and technology firms. Employing approximately 180 people, the company's primary business is streaming services. Its offerings include supplying feature films and series to various digital platforms (such as iTunes, Netflix, and Amazon), cable and satellite providers (including Comcast, Dish Network, and DirecTV), and large retailers (like Walmart and Target). Cineverse also operates four over-the-top (OTT) channels reaching a substantial audience and offers content and service expertise within the broader OTT market. In 2023, the company's revenue was less than $250 million.
Cinedigm Corp's stock reached a 52-week high of $3.95, representing a 235.37% increase year-over-year. The company released the biographical miniseries *The Temptations* on DVD through Cinedigm and Distribution Solutions. Additionally, Cinedigm's *Terrifier 3* will receive a limited theatrical release on October 25th, 2024, alongside other films. A separate disclosure noted that trading in financial instruments and cryptocurrencies involves substantial risks, including potential investment loss, and may not be suitable for all investors. The volatility of cryptocurrency prices can be influenced by external factors such as financial regulations or political events.
Cineverse offers 2 products in the media tech and media and telecoms services industries. Cineverse's product portfolio comprises of video business systems and streaming services.
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Cineverse's revenues were $121.2M in 2023. Caretta Research has split Cineverse's revenue into 2 different product categories, the largest of which is streaming, which represents 100% of Cineverse's revenue.
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