Cineverse, a next-generation entertainment studio, is accelerating its investment in advanced technology to strengthen its AI leadership. As part of this strategic move to high-margin AI-powered business opportunities, the company announced that it has adopted SymphonyAI’s Revedia DataOps to unify AVOD, TVOD, SVOD, and FAST viewership data as well as ad-supported and subscription-based revenue data from previously siloed sources to perform AI-based data augmentation and conduct rapid in-depth analysis across all platforms and channels.
Cineverse is committed to scaling their streaming business with technology partnerships, expanding its content licensing, building on direct ad sales, growing its podcast network, and driving revenue through Matchpoint™, its proprietary streaming platform, to maximize ROI on limited spend. It has already developed five AI modules to automate tasks and entered into multiple partnerships to extend Matchpoint’s AI capabilities. With Revedia DataOps, Cineverse will accelerate its innovation and use of advanced AI for optimized revenue and operations.
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“At Cineverse we actively embrace technology to power the future of home entertainment as we continue to move aggressively to assemble the entertainment industry’s foremost AI technology portfolio targeting the digital streaming segment,” said Tony Huidor, Chief Operating Officer & Chief Technology Officer of Cineverse. “Our alliance with AI innovators such as SymphonyAI enables us to strengthen and accelerate decision-making and better serve Cineverse’s viewers, partners, and investors by providing highly nuanced and sophisticated business insights gleaned from immense volumes of data through the use of advanced AI.”
This is the latest example of Cineverse integrating state-of-the-art solutions that expand its ability to deliver deeper, real-time insights into platform and channel consumption as well as revenue trends. These strategic moves enable the company to harness its extensive expertise in legacy media while fortifying its future with cutting-edge innovations and sophisticated AI-driven strategies.
With this new partnership, Cineverse is enhancing its Matchpoint™ Insights offering by integrating SymphonyAI‘s Revedia DataOps platform, which will provide Cineverse with richer in-depth insights into its strategic partners’ channel performance. Foundry complements Cineverse‘s Matchpoint™ suite, which in addition to Insights also includes Dispatch and Blueprint, extracting significant value and a much deeper understanding of data through the power of advanced predictive and generative AI.
SOURCE: PRNewswire
