LOS
ANGELES and SUNRISE,
Fla., Sept. 12, 2023 /PRNewswire/ --
Cineverse (NASDAQ: CNVS), a streaming technology and
entertainment company has formed a strategic partnership with
MEDIAGENIX, a leading content supply-chain solutions
provider, to address an underserved need within the rapidly
growing FAST ecosystem. Through this partnership, channel operators
can more efficiently launch and operate a FAST channel quickly,
easily, and affordably. Matchpoint MGX is an extension
of Cineverse's propriety streaming technology solution Matchpoint,
which was built by the industry leaders as a means to stream higher
volumes of content to much broader audiences at significant cost
savings.
Building on an existing partnership and via a deep integration
with Matchpoint's rights management capabilities, this latest
announcement significantly expands the Matchpoint platform
suite by offering a tailormade solution for FAST operators and
content providers that enables end-to-end broadcast-level
operational efficiency.
"Our partnership with MEDIAGENIX solves a growing
problem within the video streaming industry that specifically
affects operators of FAST channels. The costs to launch a
FAST channel are too high and the process required to maintain and
schedule a channel is too complex," said Tony Huidor, Chief Operating Officer & Chief
Technology Officer for Cineverse. "We have solved this
problem by enabling channel operators to efficiently program a FAST
Channel using an industry-leading scheduling solution developed for
the television industry at a significantly lower cost. We
integrated MEDIAGENIX's enterprise-grade, channel scheduling
platform with Matchpoint's fully automated content delivery product
suite so that channel operators can significantly scale their FAST
operations, not just managing channels, but also scheduling them
far into the future. This partnership offers channel operators a
first-of-its-kind fully integrated, all-in-one FAST channel
scheduling and content delivery platform that significantly
simplifies the process of managing one channel or dozens of
channels."
MEDIAGENIX CEO Fabrice Maquignon
is a believer in optimizing supply chains and is bullish on how
Matchpoint MGX can serve the FAST market. "Cineverse is a leader
in FAST and we're excited to partner with them," said Fabrice.
"Their Matchpoint platform, together with MEDIAGENIX Scheduling,
offers the solution the FAST market needs: an end-to-end platform
to launch, manage, and schedule FAST channels quickly and
affordably in a few clicks."
For more information, please visit
https://www.matchpoint.tv/matchpoint-ai
ABOUT CINEVERSE
Cineverse is a global streaming
technology and entertainment company with one of the world's
largest portfolios of streaming channels and content libraries, all
powered by its advanced, proprietary technology platform. Cineverse
currently features enthusiast brands for subscription video on
demand (SVOD), advertising-based video on demand (AVOD) and free,
ad-supported streaming television (FAST) channels. Cineverse
entertains consumers around the globe by providing premium feature
film and television series, enthusiast streaming channels and
technology services to some of the world's largest media, retail
and technology companies. For more information, please visit
www.cineverse.com.
ABOUT MEDIAGENIX
MEDIAGENIX is a top business solution
vendor in the international media industry with its Media Business
Management Platform combining the extensive and renowned
capabilities of WHATS'ON and BeBanjo. Over 180 media companies
across the globe trust these capabilities to tackle the business
challenges of this multiplatform era with streamlined workflows
related to content strategy, content management and content
scheduling. The business agility they gain with the MEDIAGENIX
software suites enables media companies to offer the right content
at the right time to the right audience on the right device,
through whichever platforms and delivery methods and with whatever
mix of business models best suited to achieve their aims. With one
source of truth, touchless operations and actionable intelligence,
they optimize cross-department collaboration, operational
efficiency, cross-platform audience engagement, and content
monetization. The bottom line is substantial cost reduction and
maximized content lifetime value.
MEDIAGENIX customers cover the full spectrum of media operators,
ranging from broadcasters and content owners who are increasingly
monetizing their content through a variety of new distribution
channels and business models, to platform operators, aggregators,
and the FAST and VOD-first streaming market. 320+ MEDIAGENIX
experts work from offices in Brussels, Sunrise (Florida), Bangkok, London, Madrid, Skopje, Singapore and Sydney.
More information about MEDIAGENIX at www.mediagenix.tv.
Press Contact for CIDM:
For Media
The Lippin Group for Cineverse
cineverse@lippingroup.com
For Investors
Julie Milstead
424-281-5411
investorrelations@cineverse.com
Press Contact for MEDIAGENIX:
Marketing
marketing@mediagenix.tv
Sales
Americas@mediagenix.tv
View original content to download
multimedia:https://www.prnewswire.com/news-releases/cineverse-launches-technology-partnership-matchpoint-mgx--an-automated-scheduling-solution-that-helps-fast-channel-operators-quickly-program-and-schedule-their-fast-channels-with-a-scalable-best-in-class-unified-solution-301924815.html
SOURCE Cineverse Corp.