Cineverse Acquires Giant Worldwide to Boost AI Media Platform

Reuters

Jan 08

<a href="https://laohu8.com/S/CNVS">Cineverse</a> Acquires Giant Worldwide to Boost AI Media Platform

Cineverse Corp. has completed the acquisition of Giant Worldwide in an all-cash transaction designed to be immediately accretive and capital-efficient, with minimal upfront investment. The deal brings significant recurring services revenue and EBITDA contribution within the current fiscal year. By integrating Giant Worldwide's established relationships with major Hollywood studios into its Matchpoint platform, Cineverse aims to accelerate growth in its AI-powered SaaS business. The company highlighted that the addition of Giant Worldwide's positive EBITDA and diversified customer base provides a strong foundation for further margin expansion, leveraging Matchpoint's advanced automated media supply chain capabilities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cineverse Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA58332) on January 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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