Cineverse Corp. · NASDAQ:CNVS
Cineverse — Q4 2024 Earnings Presentation
39 slides from Cineverse's earnings presentation, Jul 1, 2024
Slide 1: Cineverse Investor Presentation
INVESTOR PRESENTATION Cineverse A leading innovator in (Nasdaq: CNVS) entertainment technology since 2000 July 2024
Slide 2: Forward-Looking Statements
FORWARD-LOOKING Investors are cautioned that certain statements contained in this document, as well as some statements in press releases and some oral statements of STATEMENTS Cineverse officials during presentations about Cineverse, along with Cineverse's filings with the Securities and Exchange Commi
Slide 3: Cineverse: Powering the Future of Entertainment
Cineverse: Powering the CINEVERSE AT A GLANCE* Future of Entertainment A streaming technology provider empowering some of the Ticker NASDAQ:CNVS world’s most recognizable brands to launch, grow and future-proof their streaming business in an ever-evolving Headquarters Los Angeles entertainment ecosy
Slide 4: Key Investment Highlights
Key Investment Highlights Our proprietary, next-gen Organic growth with financial Cost-streaming initiatives – streaming technology upside – focusing on high driven by offshoring and margin revenues decreased content spends Technology development originally 71,000+ titles to more than 82 Cost-cutting
Slide 5: The Opportunity: Today's Viewing Audience
The Opportunity: Today’s Viewing Audience Consumers are watching content at record-high volumes while making the switch to streaming and technology-driven viewing habits at unprecedented rates. 86% $109B 4+ hours Of U.S. households 59% Ad revenue from AVOD and FAST have at least one Of U.S. viewers
Slide 6: Entertainment & Innovation: Cineverse answers both consumer needs
Entertainment & Innovation: Cineverse answers both consumer needs Two Distinct but Synergistic Business Models – allowing us to exploit assets and leverage deep bench of experience in legacy media while future-proofing the organization with forward-looking innovation and advanced technology strategie
Slide 7: Complementary Business Models
Complementary Business Models: High margin content distribution powered by our proprietary technology Platform as a Digital content Consumer Ancillary service (PaaS) OWNED CHANNELS distribution & PODCAST Products Sales TVOD FAST Managed services Advertising Box DVD Retail Ecommerce (rev share) Servi
Slide 8: The Cineverse Business Model: Diversified Revenue Streams
The Cineverse Business Model: Diversified Revenue Streams CineverseTechnologies Revenue Stream Target Customer Operating Margin Business Model Revenue Stream Matchpoint Platform as a Media Companies, Video Service High PaaS Monthly fee on packaged technology offerings Service (PaaS) Providers, Enterpr
Slide 9: The Cineverse Opportunity: Content Market is Expansive and FAST Growing
The Cineverse Opportunity: Content Market is Expansive and FAST Growing – with Ample Headroom Consumers are watching content at record-high volumes while making the switch to streaming and technology-driven viewing habits at unprecedented rates. Market Size Projected Market Growth TOTAL GLOBAL MARKE
Slide 10: The Cineverse AI Opportunity
The Cineverse AI Opportunity THE AI MARKET $250B $2-2.5T $165B $55B 30K Total AI Market Total AI Market in Generative AI in five Video Gen AI Fortune 500 mentions have next 8 years years segment risen from under 500 in ‘22 to 30,000+ in ‘23 The Cineverse AI Roadmap Successfully launched Gen AI conten
Slide 11: STREAM BIG.
STREAM BIG. Matchpoint is Cineverse’s best-in-class streaming technology trusted by the biggest names in the business, powering beloved fan channels.
Slide 12: Powered By Matchpoint
POWERED BY In-house technology battle tested for over a decade, Matchpoint empowers Media Companies to stream at scale. 116K 121K Titles Streamed since Jan. 2023 Assets Ingested since Jan. 2023 1B Ad impressions since Jan. 2023
Slide 13: Deliver. Deploy. Track.
Deliver. Deploy. Track. Ingest, normalize, and deliver Build compelling, intuitive Transform and load in-app to all platforms user journeys quickly and and 3rd-party performance easily, while ensuring analytics in a single pane of premium quality of service glass
Slide 14: Achieve Scale Faster with Dispatch
With our fully automated, AI-powered content management system, everyone is a delivery house with Dispatch. ACHIEVE SCALE FASTER Fully Automated Rights Management Machine Learning Cue Point Detection Metadata Enrichment & Optimization Automated Quality Control Across 75 Parameters
Slide 15: Blueprint streaming video app builder
With our highly scalable streaming video app builder, everyone is a product team Your very own product, engineering, with Blueprint. and solution architect teams Build custom apps, simply and quickly Create custom content shelves Engage and delight viewers with easy to use UX
Slide 16: Insights analytics platform
With our expansive analytics unified in one platform, everyone is a data analyst with Insights. ONE LOCATION. ALL THE INSIGHTS. Measure performance across repositories in one dashboard Download and share crystal clear visualizations Keep partners updated with our API
Slide 17: Slide 17
Slide 18: A Headache for Viewers: Search & Discovery
A HEADACHE FOR VIEWERS Current search process is manual, Search & Discovery time-consuming, fragmented and overwhelming – audiences have a bundle full of streaming 1 IN 5 PEOPLE content, but nothing to watch Give up their search before finding something to stream –Nielsen 1 in 3 VIEWERS EXPENSIVE FOR
Slide 19: cineSearch: AI-powered search and discovery
SINGLE SOURCE Unified search for all film titles – provides exact location of where to watch recommended titles across all services (AVOD, SVOD, TVOD, FAST) SPOT-ON RECOMMENDATIONS Advanced AI recommender system suggests titles that perfectly suit the users’ mood, taste or circumstance – scene-level r
Slide 20: Search Better, Churn Less, Monetize More
LOWER AVG SEARCH TIME* LOWER ANNUAL CHURN** SEARCH BETTER CHURN LESS AVG MONTHLY SAVINGS*** MONETIZE MORE *Based on average search time (Nielsen) and average cineSearch search time **47% annual churn rate (from Parks & Assoc.) x 1/3rd of viewers who have canceled a streaming service due to poor sear
Slide 21: Ava, the cineSearch AI video advisor
Hey there! Welcome to Cinesearch. I’m your artificial intelligence-based video advisor, but you can call me Ava. What do you want to watch today? The ultimate movie nerd: Part critic. Part drinking buddy. All cinephile. She navigates the myriad streaming services to recommend the perfect movie, while
Slide 22: Technology Roadmap
Technology Roadmap Building on our strong product. Gaining traction. Developing advanced, proprietary native AI. APRIL 2024 April 2024 Matchpoint Design and Cineverse Acquires FoundationTV, Cinesearch: our AI-powered Search and New Head of SaaS Sales – development w/India-Based forms Cineverse India
Slide 23: Cineverse is Matchpoint in Action
Cineverse is Matchpoint in Action. Built by Content Owners. Trusted by Content Owners. We’re on a mission to uplift storytellers and entertain fans with the power of technology. Network of highly engaged super-served fan channels The Expansive Distribution Capabilities Unique 360 Omnichannel Advanta
Slide 24: Diverse network of fan channels
Cineverse’s diverse network of Fan channels enables reach across highly engaged audiences of all genres.
Slide 25: Owned & Operated Channels Have Achieved Scale
Cineverse Owned & Operated Channels Have Achieved Scale Our diverse portfolio of Fan channels continues to grow – with considerable momentum across key metrics. A low-cost content acquisition strategy drives higher margins across business models (SVOD, TVOD, AVOD, FAST). ~82M 1.4M 4B ~29M Unique Vie
Slide 26: Cineverse Channels on Major Platforms
You can find Cineverse Channels on most major platforms
Slide 27: Super-Serving Fan Audiences in the Longtail
Super-Serving Fan Audiences in the Longtail DISTRIBUTION CONSUMER GOODS Exploit premium content Engage fast-growing assets through all “windows” – collectibles market with theatrical, digital, and home limited edition DVD/Blu Ray entertainment. sets and merchandise.
Slide 28: Revenue Mix
Revenue Mix As the industry continues to evolve, our advanced, proprietary technology will grow as a larger driver of our business, while our focus on higher margin channels will yield greater streaming revenue. ENTERTAINMENT TECHNOLOGIES Digital Cinema/Other
Slide 29: Who we are today - a global team
Who we are today - a global team Cineverse Services India: Offshore division brings major cost-savings and work-efficiency upside – fully owned by the Company. Robust R & D team based in India – developing advanced, AI powered technology. Evolution into revenue-generating services from our India tea
Slide 30: The Cineverse Team Reflects Diversity of Voice
Living our Values: The Cineverse Team Reflects Diversity of Voice As fierce champions of storytellers and fans, we believe that trusting and empowering creators to tell their unique story is good for business – keeping fans engaged with access to entertainment they can’t find anywhere else. “ Our commi
Slide 31: Industry Leaders with a History of Innovation
Industry Leaders with a History of Innovation Leadership changes support new goals – agile and operating like a tech company Tony Huidor Gary Loffredo Erick Opeka 25+ Years of Experience 20+ Years of Experience 25+ Years of Experience Chris McGurk Chief Operating Officer & Chief Legal Officer & Chie
Slide 32: Key Takeaways
Key Takeaways Our proprietary Matchpoint technology and Gen AI products & initiatives are poised to drive an increasing portion of our revenue mix. Leveraging our library assets across our extensive portfolio of fan channel assets, combined with a 360-degree marketing approach to our family of Fan b
Slide 33: Financial Results
Financial Results YTD Q4 FY 2024 (12 months ended March 31, 2024)
Slide 34: Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets (In thousands)
Slide 35: Condensed Consolidated Statements of Operations
Condensed Consolidated Statements of Operations (In thousands)
Slide 36: Condensed Consolidated Statement of Cash Flows
Condensed Consolidated Statement of Cash Flows (In thousands)
Slide 37: Contact
CONTACT investorrelations@cineverse.com cineverse.com
Slide 38: Appendix
APPENDIX
Slide 39: Cineverse Networks Fan Channel Case Study
Cineverse Networks Fan Channel Case Study: Media & Editorial The #1 Horror Destination in the Internet – serving nearly 40 million Social & pages to 20 million unique viewers every month. Publicity How Cineverse Expanded the Brand: Launched Screambox and ScreamboxTV – 20M+ Monthly Unique Viewers Phy