Cineverse Corp. (NASDAQ: CNVS) shares gather some strength Monday, as the global streaming technology and entertainment company with one of the world's largest portfolios of streaming channels and content libraries announced today that it is expanding its strategic partnership with Amagi to leverage Amagi CONNECT, the premiere end-to-end FAST marketplace with global reach.
As part of this partnership, Amagi will provide its portfolio of hundreds of FAST channels to the flagship Cineverse streaming service as well as add Cineverse's portfolio of streaming channels to the Amagi CONNECT marketplace. The partnership aims to bring more third-party content to Cineverse and expand Cineverse's reach internationally by allowing more streaming platforms the ability to discover the large breadth of streaming content the Company has to offer.
Amagi, the global leader in cloud-based SaaS technology for broadcast and connected TV, continues to grow its end-to-end FAST marketplace, Amagi CONNECT, to facilitate the discovery, connection, and monetization of streaming content around the world.
Amagi CONNECT has become the preferred choice for many FAST platforms, including LG Channels, Plex, TCL, VIDAA Free, Rakuten TV, Xiaomi, Redbox, Canela, Netgem, and more, as they seek to offer their viewers the highest quality content available in global markets.
Streaming linear channels from Cineverse, beyond its flagship service of the same name include AsianCrush, The Bob Ross Channel, RetroCrush, Comedy Dynamics, Midnight Pulp, Crime Hunters, The Dove Channel, Fandor and Screambox TV and many more. These channels are available now on the Amagi CONNECT marketplace for platforms to add to their lineups.
CNVS shares took on four cents, or 2.5%, to $1.62.
Tech Insider
