Cineverse Launches Software to Help Content Owners Generate Revenue Through AI

Dec 19, 2024

Cineverse introduces innovative software empowering content owners to monetize their assets using AI technology.

Cineverse Launches Software to Help Content Owners Generate Revenue Through AI

Cineverse Launches Matchpoint Reel Visuals AI: Monetizing Content for AI Training

Cineverse, a next-generation entertainment studio (Nasdaq: CNVS), has launched Matchpoint Reel Visuals AI, a new service designed to help content owners generate revenue from the growing demand for audio/video data in AI model training

How it Works

Matchpoint Reel Visuals AI empowers owners of film, television, and podcast libraries to profit from the use of their content in AI training. The service offers a unique non-exclusive revenue-sharing model, ensuring content creators receive compensation while eliminating the delivery costs often associated with such agreements. This end-to-end solution, powered by Cineverse's Matchpoint™ technology suite, streamlines the ingestion, normalization, delivery, and storage of large video content volumes with integrated rights management. Unlike data brokers and licensing agents, Cineverse offers a complete solution, resulting in higher profit margins and faster time to market for content owners.

Market Opportunity and Impact

The global AI training dataset market is booming, projected to grow from USD 2.60 billion in 2024 to USD 10.31 billion by 2030, representing a CAGR of 21.9%. Cineverse's service directly addresses the increasing demand for high-quality data to train AI models, ensuring fair compensation for content creators and promoting ethical AI content procurement practices. Cineverse currently represents AI training rights for over 350,000 hours of video and audio content.

Cineverse's Broader AI Initiatives

Matchpoint Reel Visuals AI is part of Cineverse's larger AI strategy. Other initiatives include:

  • cineSearch: An AI-powered content discovery tool.
  • Partnerships with AI leaders like XL8 for AI-driven captioning and localization.

These initiatives position Cineverse as a leader in AI-driven entertainment discovery and distribution.

Courtesy of Cineverse (PRNewsfoto/Cineverse Corp.)

About Cineverse

Cineverse (Nasdaq: CNVS) is a next-generation entertainment studio leveraging technology to empower creators and entertain fans. They distribute over 71,000 premium films, series, and podcasts, and own properties including the highest-grossing non-rated film in U.S. history. Their proprietary streaming tools and AI technology drive revenue and reach, redefining the future of entertainment. More information can be found at home.cineverse.com.

Contact Information

For media inquiries: [email protected]

For investor inquiries: [email protected]

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