Cineverse Acquires The North American Rights To Secret Santa, Night Of The Missing & Santastein For Their Streaming Service SCREAMBOX
Portfolio Pulse from Benzinga Newsdesk
Cineverse (NASDAQ:CNVS) has acquired the North American rights to three holiday horror films: Secret Santa, Night of the Missing, and Santastein. These films will be exclusively available on their streaming service SCREAMBOX. The films offer a mix of horror, comedy, and holiday themes, with Secret Santa already receiving positive reviews. SCREAMBOX features a variety of horror content and is available on multiple platforms. The acquisitions were negotiated by Brandon Hill, Director of Acquisitions at Cineverse.
December 14, 2023 | 4:01 pm
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Cineverse has expanded its SCREAMBOX library with the acquisition of three holiday horror films, which may attract new subscribers and enhance the platform's content offering.
The acquisition of exclusive rights to popular content can be a positive driver for streaming services, potentially increasing subscriber numbers and viewer engagement. Given the positive review of Secret Santa and the unique holiday horror niche, these films could contribute to a short-term positive impact on Cineverse's stock as investors may anticipate increased interest in SCREAMBOX during the holiday season.
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