Cineverse & Amagi Expand Partnership; Amagi CONNECT To Power FAST Channels On Cineverse
Portfolio Pulse from Happy Mohamed
Cineverse Corp. (NASDAQ:CNVS) is expanding its strategic partnership with Amagi to leverage Amagi CONNECT, a global FAST marketplace. The partnership will allow Amagi to provide its portfolio of FAST channels to Cineverse's streaming service and add Cineverse's streaming channels to the Amagi CONNECT marketplace. This aims to bring more third-party content to Cineverse and expand its international reach. Amagi CONNECT is preferred by many FAST platforms, including LG Channels, Plex, TCL, VIDAA Free, Rakuten TV, Xiaomi, Redbox, Canela, Netgem, and more.
July 17, 2023 | 1:32 pm
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Cineverse's partnership with Amagi to leverage Amagi CONNECT could lead to an increase in third-party content and international reach for Cineverse. This could potentially boost Cineverse's position in the streaming market.
The partnership with Amagi allows Cineverse to access a wider range of content and expand its reach to international markets. This could potentially attract more users to its platform, increasing its revenues and strengthening its position in the competitive streaming market.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100