Cineverse Launches Technology Group to Drive AI Innovation in Entertainment Industry

Cineverse Accelerates Technology Monetization, Launches Technology Group to Drive AI Innovation and Rapid Commercial Expansion - Cineverse (NASDAQ:CNVS)

Veteran Technologist Tony Huidor Named President of Technology and Chief Product Officer Company Advances its Mission to Modernize the Global Entertainment Infrastructure and Build the Next Generation of AI-Powered Tools for the Industry LOS ANGELES, May 19, 2025 /PRNewswire/ -- Cineverse CNVS, a next-generation entertainment studio, today announced the formation of the Cineverse Technology Group, a dedicated division focused on rapidly scaling its technology monetization efforts and accelerating AI-driven innovation across the global entertainment ecosystem. As part of this initiative, the Company has promoted Tony Huidor -- an accomplished media technology executive with deep experience in product innovation and a decade of leadership at Cineverse -- to the newly created role of President of Technology, while also serving as Chief Product Officer. Matchpoint™, Cineverse's award-winning media supply chain platform, is already a cornerstone of the Company's business operations and a critical solutions provider for many of its largest partners. By automating complex workflows, streamlining content delivery, and driving significant cost efficiencies, Matchpoint powers one of the most advanced and scalable content distribution infrastructures in the industry today. With the Matchpoint suite having achieved a high level of product maturity, the newly formed Technology Group will aggressively expand Matchpoint's commercial licensing partnerships, targeting large media companies and studios that want effective modern infrastructure and are urgently seeking significant operational cost savings. Driving Margin Expansion and Operational Efficiencies at Scale Cineverse has already demonstrated the power of its technology by driving significant margin expansion and cost efficiencies within its operations, delivering higher profitability and faster time-to-market for its content offerings. Now, through the expanded commercialization of Matchpoint and its AI-driven solutions, Cineverse is enabling partners across the entertainment industry to achieve similar results: lower content delivery costs, streamlined operations, and enhanced profitability. "We're not talking about theoretical solutions -- we're already powering a massive business for ourselves and our partners with Matchpoint," said Chris McGurk, Chairman and CEO of Cineverse. "The next phase is about scaling this success even further. At the same time, Tony and the Technology Group, including our industry-leading team of engineers at Cineverse India, are pushing the boundaries of what's possible with AI -- developing tools that will fundamentally change how content is created, distributed, and monetized across the entertainment value chain." Advancing AI Innovation to Power the Next Era of Entertainment Building on the successful development of cineSearch -- Cineverse's AI-powered content discovery platform -- the Technology Group is actively creating new AI-driven solutions to optimize decision-making, profitability, and operational efficiency across every stage of the entertainment lifecycle. These initiatives are powered by the company's robust internal data resources and deep industry expertise, enabling Cineverse to deliver highly targeted and practical solutions. Current AI initiatives include: Content Performance Forecasting and AI-Assisted GreenlightingAutomated AI-Driven Marketing and Highly-Segmented Audience TargetingAdvanced Content Valuation and Rights Optimization ToolsAI-Powered Localization and Accessibility EnhancementsReal-Time Programmatic Ad Optimization through the C360 Platform Tony Huidor: A Proven Innovator at the Helm of Cineverse's Technology Vision With more than 30 years of experience driving technology and product innovation at some of the world's most recognized media companies -- including Universal Music Group and The Walt Disney Company -- Tony Huidor brings unmatched expertise to this expanded leadership role. Over the past decade at Cineverse, he has been instrumental in building and scaling the Matchpoint platform, pioneering the use of AI and machine learning to address critical industry challenges, and developing the company's proprietary ad-tech capabilities. "Our mission is simple -- deliver practical, high-impact technology solutions that drive revenue growth and profitability for both Cineverse and our partners," said Huidor. "With the proven success of Matchpoint and our expanding portfolio of AI-driven tools, we're building the infrastructure and capabilities that define the next generation of entertainment." This news follows the announcement that Cineverse has created a new Motion Pictures Group, headed by Chief Motion Pictures Officer Yolanda Macias, and has renewed and extended agreements with its C-team, solidifying leadership for the years to come. About Cineverse Technology Group Cineverse develops proprietary technology that powers the future of entertainment, leveraging the Company's position as a pioneer in the video streaming industry along with the industry-leading strength of its development team in India. This team has dedicated years to building and refining technology solutions that have pioneered streaming content management and distribution while leaning into advances in AI to set the company apart from the competition. This includes the creation of Matchpoint™, an award-winning media supply chain service that is radically changing the way content is managed and delivered. Matchpoint has replaced today's expensive, and labor-intensive video content processes with a fully transparent, automated workflow that significantly reduces costs, eliminates human error, and effortlessly facilitates content ingestion with delivery across multiple platforms and distribution models. The Company's cineSearch is an AI-powered search and discovery tool for film and television that 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 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 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. For more information, visit home.cineverse.com. CONTACTS For Media, The Lippin Group for Cineverse [email protected] For Investors, Julie Milstead [email protected] SOURCE Cineverse Corp. CNVSCineverse Corp$3.380.45%Stock Score Locked: Edge Members Only Benzinga Rankings give you vital metrics on any stock - anytime. Unlock RankingsEdge RankingsMomentum97.97Growth84.58Quality-Value62.00Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs

Cineverse appoints Huidor to lead tech expansion By Investing.com

LOS ANGELES - Cineverse Corp (NASDAQ: CNVS), a $54.32 million market cap company specializing in entertainment technology, announced the establishment of its Cineverse Technology Group on Monday. The company has shown remarkable momentum, with a 230.39% return over the past year and a recent 14.63% gain in the past week. According to InvestingPro analysis, Cineverse appears undervalued based on its Fair Value calculations, suggesting potential upside for investors. The new division aims to enhance the company's technology monetization and foster AI-driven innovation within the global entertainment sector. Tony Huidor, a seasoned executive with a decade of leadership experience at Cineverse, has been promoted to the role of President of Technology and will also serve as Chief Product Officer. Huidor's appointment is part of a strategy to scale the company's technology solutions, including its Matchpoint™ media supply chain platform. Matchpoint™ is recognized for automating workflows, optimizing content delivery, and driving cost efficiencies. With its high level of product maturity, Cineverse plans to extend Matchpoint's commercial licensing partnerships, targeting media companies and studios looking to modernize their infrastructure and reduce operational costs. The company's strong gross profit margin of 52.55% and healthy current ratio of 1.15 suggest solid operational efficiency. InvestingPro subscribers can access 8 additional key tips about Cineverse's financial health and growth prospects. Cineverse's technology has already contributed to margin expansion and operational efficiencies within its own operations, which has translated into higher profitability and quicker market entry for its content. The commercialization of Matchpoint and AI-driven tools is expected to provide similar benefits to partners in the entertainment industry, such as lower content delivery costs and streamlined operations. Chairman and CEO Chris McGurk expressed confidence in the tangible benefits of Matchpoint, emphasizing the company's readiness to scale these successes. Huidor and the Technology Group, including the engineering team at Cineverse India, are tasked with pushing the boundaries of AI to revolutionize content creation, distribution, and monetization. Cineverse is also actively developing AI-driven solutions to enhance decision-making and operational efficiency at various stages of the entertainment lifecycle. These initiatives leverage the company's data resources and industry expertise to deliver targeted solutions. Huidor's extensive background, including roles at Universal Music Group and The Walt Disney Company, positions him as a key innovator to lead Cineverse's technology vision. He has been pivotal in scaling Matchpoint and pioneering AI applications to address industry challenges. With impressive revenue growth of 39.86% in the last twelve months and analyst price targets ranging from $7 to $10, the market appears optimistic about the company's direction. For detailed analysis and comprehensive valuation metrics, investors can access the full Pro Research Report available on InvestingPro. Huidor's mission is to deliver technology solutions that boost revenue growth and profitability for Cineverse and its partners. This announcement follows the recent formation of a new Motion Pictures Group at Cineverse, headed by Chief Motion Pictures Officer Yolanda Macias, and the renewal and extension of agreements with its executive team. The information in this article is based on a press release statement from Cineverse Corp. In other recent news, Cineverse Corp announced a significant development with the formation of the Cineverse Motion Pictures Group, appointing Yolanda Macias as the Chief Motion Pictures Officer. This move underscores the company's commitment to expanding its feature film business. Additionally, Cineverse has secured U.S. rights for "Return to Silent Hill," a film adaptation of the acclaimed video game Silent Hill 2 by KONAMI, and "The Things You Kill," a Sundance award-winning psychological thriller directed by Alireza Khatami. These acquisitions highlight Cineverse's strategy to offer a diverse range of content across multiple platforms. Moreover, the company reported a remarkable 207% increase in total revenue for the third quarter of fiscal year 2025, reaching $40.7 million, attributed to the success of the Cineverse 360 ad platform. In a bid to further enhance its capabilities, Cineverse integrated SymphonyAI's Revedia DataOps to boost its AI offerings, aiming for more sophisticated data-driven analysis and decision-making. The company also strengthened its advertising sales team by adding Tim Russell as Senior Vice President and promoting Terry City to Executive Vice President of Direct Advertising Sales. These recent developments reflect Cineverse's strategic initiatives to grow its portfolio and leverage technology in the entertainment industry.