Cineverse Reaches Agreement To Integrate Whip Media's Content Partner Payments Platform For FAST, AVOD, SVOD And EST Into Matchpoint Insights To Streamline Royalty Reporting
Portfolio Pulse from Benzinga Newsdesk
Cineverse Corp. (NASDAQ:CNVS) has announced a partnership with Whip Media to integrate Whip Media's Content Value Management (CVM) software platform into Cineverse's Matchpoint Insights. This will automate and streamline the processing of content partner royalty payments across Cineverse's distribution network. The move is expected to reduce costs, increase efficiency, and improve accuracy in financial activities related to content partner contracts and licenses.
September 21, 2023 | 1:32 pm
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Cineverse's partnership with Whip Media to automate royalty payments could lead to cost reductions and increased efficiency, potentially improving the company's financial performance.
The integration of Whip Media's CVM platform into Cineverse's Matchpoint Insights will automate the processing of royalty payments, reducing manual effort and potentially leading to cost savings. This could improve Cineverse's financial performance, making the news highly relevant and potentially important for investors.
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