SymphonyAI's genAI Technologies Complement
Cineverse's Portfolio of Advanced AI Offerings
LOS
ANGELES, March 11, 2025 /PRNewswire/ -- Cineverse
(Nasdaq: CNVS), a next-generation entertainment studio, is
accelerating its investment in advanced technology to strengthen
its AI leadership. As part of this strategic move to high-margin
AI-powered business opportunities, the company announced today that
it has adopted SymphonyAI's Revedia DataOps to unify AVOD, TVOD,
SVOD, and FAST viewership data as well as ad-supported and
subscription-based revenue data from previously siloed sources to
perform AI-based data augmentation and conduct rapid in-depth
analysis across all platforms and channels.
Cineverse is committed to scaling their streaming business with
technology partnerships, expanding its content licensing, building
on direct ad sales, growing its podcast network, and driving
revenue through Matchpoint™, its proprietary streaming platform, to
maximize ROI on limited spend. It has already developed five
AI modules to automate tasks and entered into multiple partnerships
to extend Matchpoint's AI capabilities. With Revedia DataOps,
Cineverse will accelerate its innovation and use of advanced AI for
optimized revenue and operations.
"At Cineverse we actively embrace technology to power the
future of home entertainment as we continue to move aggressively to
assemble the entertainment industry's foremost AI technology
portfolio targeting the digital streaming segment," said
Tony Huidor, Chief Operating Officer
& Chief Technology Officer of Cineverse. "Our alliance with AI
innovators such as SymphonyAI enables us to strengthen and
accelerate decision-making and better serve Cineverse's viewers,
partners, and investors by providing highly nuanced and
sophisticated business insights gleaned from immense volumes of
data through the use of advanced AI."
This is the latest example of Cineverse integrating
state-of-the-art solutions that expand its ability to deliver
deeper, real-time insights into platform and channel consumption as
well as revenue trends. These strategic moves enable the company to
harness its extensive expertise in legacy media while fortifying
its future with cutting-edge innovations and sophisticated
AI-driven strategies.
With this new partnership, Cineverse is enhancing its
Matchpoint™ Insights offering by integrating SymphonyAI's Revedia
DataOps platform, which will provide Cineverse with richer in-depth
insights into its strategic partners' channel performance. Foundry
complements Cineverse's Matchpoint™ suite, which in addition to
Insights also includes Dispatch and Blueprint, extracting
significant value and a much deeper understanding of data through
the power of advanced predictive and generative AI.
"In today's fast-paced media and entertainment landscape, AI is
essential for transforming fragmented data into actionable insights
that drive strategic programming and distribution, revenue growth,
and advertising optimization," said Mark
Moeder, president of SymphonyAI's media division. "We're
proud to support Cineverse's commitment to innovation by providing
advanced AI capabilities that enhance decision-making and
performance."
About Cineverse Technologies
Cineverse develops technology that powers the future of
entertainment. Its proprietary Matchpoint™ suite of streaming
technology and AI tools – first utilized to build the company's
owned-and-operated services and now offered to third parties as a
SaaS solution – supports filmmakers, media companies, platforms and
OEMs. cineSearch, the AI-powered search and discovery tool for film
and television, makes deciding what to watch as entertaining as the
entertainment itself. Additionally, the C360 programmatic
audience network and ad-tech platform provides brands the
opportunity to target and reach key fandoms wherever they are.
About Cineverse
Cineverse (Nasdaq: CNVS) is a next-generation entertainment
studio that empowers creators and entertains fans with a wide
breadth of content through the power of technology. It has
developed a new blueprint for delivering entertainment experiences
to passionate audiences and results for its partners with
unprecedented efficiency, and distributes more than 71,000 premium
films, series, and podcasts. Cineverse connects fans with bold,
authentic, independent stories. Properties include the
highest-grossing non-rated film in U.S. history; dozens of
streaming fandom channels; a premier podcast network; top horror
destination Bloody Disgusting; and more. Powering visionary
storytelling with cutting-edge innovation, Cineverse's proprietary
streaming tools and AI technology drive revenue and reach to
redefine the next era of entertainment.
About SymphonyAI
SymphonyAI is a leading enterprise AI SaaS company for digital
transformation across the most critical and resilient growth
verticals, including retail, consumer packaged goods, financial
services, manufacturing, media, and IT/enterprise service
management. SymphonyAI verticals have many leading enterprises as
clients. Since its founding in 2017, SymphonyAI has grown rapidly
to 3,000 talented leaders, data scientists, and other
professionals. A 2024 Microsoft Partner of the Year for Business
Transformation – AI Innovation, SymphonyAI is a SAIGroup company
backed by a $1 billion commitment
from successful entrepreneur and philanthropist Dr. Romesh Wadhwani. Learn more
at www.symphonyai.com.
Contacts:
For Media
The Lippin Group, cineverse@lippingroup.com
For Investors
Julie Milstead,
investorrelations@cineverse.com
For SymphonyAI
Sarah Armstrong, TreblePR,
symphonyai@treblepr.com
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SOURCE Cineverse Corp.
