Cineverse Reaches New Distribution Deal For Its Crime Hunters With Sling Freestream
Portfolio Pulse from Happy Mohamed
Cineverse (NASDAQ:CNVS) has reached its first third-party distribution agreement for its true crime channel Crime Hunters through a new deal with Sling Freestream. This adds to the Cineverse Networks portfolio available as free ad-supported streaming television (FAST) channels on Sling Freestream.
May 25, 2023 | 2:07 pm
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Cineverse's first third-party distribution agreement for Crime Hunters with Sling Freestream could expand its audience and increase ad revenue.
The deal with Sling Freestream marks Cineverse's first third-party distribution agreement for its Crime Hunters channel. This partnership could expand the total audience of Cineverse's owned-and-operated channels, leading to increased ad revenue. As a result, this deal is likely to have a positive short-term impact on CNVS stock.
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