Cineverse Unleashes the Power of Sid &
Marty Krofft Pictures with a Treasure Trove of Retro Network Series
Ranging from 'H.R. Pufnstuf,' 'The Bugaloos,' 'Lidsville,' 'Land of
the Lost,' 'Dr. Shrinker,' 'Far Out Space Nuts,' and 'Sigmund and
the Sea Monsters' plus much more!
LOS
ANGELES, June 1, 2023 /PRNewswire/ -- Cineverse
Corp. (NASDAQ: CNVS), a global streaming technology and
entertainment company with one of the world's largest portfolios of
owned and operated streaming channels, today announced that as a
result of a far-ranging content deal with Sid & Marty
Krofft Pictures, producers of some of the most iconic,
live-action shows of the 70s & 80s - Krofft's immense
catalog will now be celebrated through a dedicated channel managed
and operated by Cineverse. This exciting collaboration promises to
bring the beloved programs of yesteryear back into the spotlight
for both old and new fans to enjoy.
Cineverse, which was previously known as Cinedigm, has secured
rights to distribute Krofft's classic shows across multiple digital
platforms as part of the overall deal. Marking the first time these
shows will be available on digital broadcast, which Cineverse is
remastering the library for this purpose.
The Sid & Marty Krofft
Channel will stream episodes from such
ground-breaking children's and fantasy series such as: H.R.
Pufnstuf, The Bugaloos, Lidsville,
Sigmund and the Sea Monsters, Land of the
Lost, The Lost Saucer, Far Out Space
Nuts, and seasons 1 & 2 of The Krofft
Supershow which has not been seen on any platform since the
original 1976 broadcast. This includes the complete un-cut versions
of Electra Woman and Dyna Girl, Wonderbug, Dr.
Shrinker, Bigfoot and Wildboy, and Magic
Mongo. Plus, The Krofft Super Star Hour's Horror
Hotel, Lost Island, and The Bay City Rollers, as
well as other surprise releases.
"We are honored to partner with the legendary creators,
Sid and Marty Krofft," said
Chris McGurk, Chairman & CEO of
Cineverse. "This collaboration marks a pivotal moment for Cineverse
as this exciting venture not only expands our portfolio of brands
but also underscores our commitment to delivering unique and
nostalgic programming that resonates with enthusiast
audiences."
"For more than 50 years beginning with H.R. Pufnstuf on
NBC, Sid and Marty Krofft created
one-of-a-kind programming that continues to resonate with fans
around the world. We are thrilled that Sid and Marty Krofft have trusted us to share
their library of classic television series with both long-time fans
as well as a new generation of viewers. These iconic television
shows meet the demand we see across the OTT industry, where viewers
want to revisit and indulge in their all-time favorite shows. It
also allows Cineverse to meet the needs of consumers and platform
partners through our expanding stewardship of enthusiast brands,"
said Marc Rashba, Executive Vice
President of Partnerships at Cineverse.
"Making this happen is a big commitment to our fans, and we are
delivering! For more than 50 years, Sid & Marty Krofft Pictures
has produced and delivered shows that have passed the test of time,
and we are just getting started. With executives like CEO
Chris McGurk, CCO Yolanda Macias,
CSO Erick Opeka, and EVP Marc Rashba, we are confident that
Cineverse is the right partner to deliver our classic library back
into the hearts and minds of our fans around the world," said CEO
Marty Krofft.
The deal includes utilizing Cineverse's proprietary Matchpoint™
end-to-end service technology to manage and cost-effectively
deliver video content to all major ad-supported, subscription-based
and transactional platform providers. Matchpoint will enable the
Company to accelerate its streaming plans in time for this holiday
season.
ABOUT CINEVERSE
Cineverse is a global streaming
technology and entertainment company with one of the world's
largest portfolios of owned and operated streaming channels, all
powered by its advanced, proprietary technology platform. Cineverse
currently features enthusiast brands for subscription video on
demand (SVOD), transactional video on demand (TVOD),
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.
PRESS CONTACT:
For Media
The Lippin Group for Cineverse
cineverse@lippingroup.com
B. Harlan Boll Public Relations for Sid & Marty Krofft
Pictures
626-296-3757
harlan@bhbpr.com
FOR INVESTORS:
At Cineverse
Julie Milstead
424-281-5411
investorrelations@cineverse.com
The Equity Group Inc.
Carolyne Sohn
408-538-4577
csohn@equityny.com
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SOURCE Cineverse Corp.