Cineverse Acquires Compelling Time Loop Comedy 'River' Following Fantastic Fest; Set for Fall Release on AsianCrush
Portfolio Pulse from Happy Mohamed
Cineverse (NASDAQ: CNVS) has acquired all North American rights to the time loop comedy 'River' and plans to release the film on its streaming service AsianCrush in early 2024. The film was screened at various international film festivals and received positive reviews. The deal was negotiated between Third Window Films and Cineverse.
October 19, 2023 | 1:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Cineverse's acquisition of 'River' could potentially boost its streaming service AsianCrush's viewership and revenue in 2024.
The acquisition of a well-received film like 'River' could attract more viewers to Cineverse's streaming service AsianCrush, potentially increasing its revenue. However, the impact will not be immediate as the film is set for release in 2024.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100