Names Tom Owen Managing Director of Audio and
Pacific Obadiah Head of Original Programming – Team Plans to Build
upon Horror-Driven Record Month of Ad Revenue and Downloads
Company Announces Launch Dates of 'Terrifier
2' Audiobook, eBook and Print Editions Available in February 2024 and Scripted Podcast 'Dead Space:
Deep Cover' (with Electronic Arts) in Summer 2024
LOS
ANGELES, Nov. 16, 2023 /PRNewswire/ -- Cineverse
Corp. (NASDAQ: CNVS), a global streaming technology and
entertainment company, announced today plans to expand the
company's revenue-generating opportunities in audio and
publishing.
Bloody Press
Under the direction of the Bloody Disgusting team at Cineverse,
Bloody Press is the new publishing arm of the company, focused on
creating and bringing audiobooks, e-books and print editions to
market. The division's first title, an adaptation of 2022's
instant cult slasher success, Terrifier 2, will debut in
February 2024. It will be penned by Tim Waggoner (author of the best-selling
Halloween Ends novelization for Universal Pictures), and
available in all of the above formats, furthering the horror icon
status of Art the Clown in new ways.
The company also plans to follow this with novelizations of the
original Terrifier and of the upcoming Terrifier 3,
launching day-and-date with next year's theatrical premiere of the
latter on October 25, 2024. A
collectible three-volume set is expected to then be available for
the holidays.
Cineverse Podcast Network - Expansion following Record
Success
The Cineverse Podcast Network, which has shown record success
driven by its horror-focused audio content under the 'Bloody FM'
banner, is now actively developing programming across the anime and
general entertainment categories. To lead the charge, the
company has appointed Bloody Disgusting's Tom Owen to the new position of managing
director of audio, and Pacific Obadiah to head of original
programming for the Cineverse Podcast Network.
With 35 titles now available, Cineverse Podcast Network has seen
downloads up 22% month- over-month (September 2023 to October
2023), and podcast revenue up 214% year-over-year
(September 2023 vs. September
2022). In October, advertisers on the company's horror
podcasts leading into Halloween included major studios such as
Lionsgate, Paramount Pictures and Sony Pictures.
On the horror side, the following was announced today:
- Two major premieres will debut in summer 2024 – a
Terrifier podcast, and the previously announced Dead
Space: Deep Cover, based on the Dead Space video game
(produced in conjunction with Electronic Arts).
- The Dead – from Bloody Disgusting and The George A.
Romero Foundation – premiered on October
31 and quickly entered the top 10 on Apple's podcast charts
in the fiction category.
"From the theatrical success of independent films such as
Terrifier 2, to the triple-digit growth at SCREAMBOX as we
approach two years since acquiring the streamer, we have amassed a
strong track record in horror," said Erick
Opeka, Cineverse president and chief strategy officer.
"Tom Owen, Brad Miska and the entire Bloody Disgusting team
have not only shown the ability to identify and develop great
horror content, but also to drive new revenue for the company
overall, across every medium, including audio, consumer products,
and now publishing."
Added Owen, "I'm thrilled for the coming debut of Bloody Press,
and for the opportunity for Pacific and me to take what we have
learned from Bloody FM to expand our audio capabilities into other
genres. We are grateful to the fans and brands who have
connected with great podcasts like The Dead, Mayfair Watcher's Society and The Losers'
Club, and can't wait to bring them Dead Space: Deep
Cover, Terrifier and more in the coming
months."
About Cineverse
Cineverse's advanced, proprietary technology drives the
distribution of over 70,000 premium films, series, and podcasts to
more than 150 million unique viewers monthly. From providing a
complete streaming solution to some of the world's most
recognizable brands, to super-serving their own network of fan
channels, Cineverse is powering the future of Entertainment. For
more information, please visit www.cineverse.com.
Press Contact:
For Media
The Lippin Group, cineverse@lippingroup.com
For Investors
Julie
Milstead, investorrelations@cineverse.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/cineverse-to-capitalize-on-momentum-of-bloody-disgusting-horror-brand-with-audio-expansion-and-formation-of-new-publishing-imprint-bloody-press-301990682.html
SOURCE Cineverse Corp.