Cineverse adds three executives to motion pictures group

Published 15/07/2025, 18:50
Cineverse adds three executives to motion pictures group

LOS ANGELES - Cineverse Corp. (NASDAQ:CNVS), a $110 million market cap entertainment company that has seen its stock surge over 600% in the past year, announced Tuesday it has appointed three industry veterans to its recently-formed Cineverse Motion Pictures Group.

The entertainment studio, which generated $78 million in revenue last year with impressive 59% growth, has named Steven Peros as vice president of creative development and filmmaker relations, Dan Fisher as vice president of acquisitions, and Cameron Moore as consultant for theatrical distribution. According to InvestingPro, the company maintains a strong financial health score of 3.18, rated as "GREAT".

Peros, who previously worked at New Line Cinema and William Morris Agency, will lead development and oversee physical production. His background includes screenwriting, directing and producing projects with Disney, Lionsgate, AMC, and NBC.

Fisher will head acquisitions for the company’s direct-to-digital and OTT slate. He brings over a decade of acquisition and distribution experience from roles at VMI Worldwide, Freestyle Digital Media, Gravitas Ventures and Entertainment One.

Moore, formerly senior director of theatrical distribution at Gravitas Ventures, will assist in strategic planning for theatrical releases and identify new film projects. His career includes positions at 21st Century Fox, Screenvision Media, and Fathom Events.

"I’m thrilled to be adding these three talented executives, each with a unique set of skills and experience that will contribute to Cineverse successfully implementing our motion pictures strategy," said Yolanda Macias, Chief Motion Pictures Officer, in the press release.

The company’s upcoming theatrical releases include "The Toxic Avenger" (August 29, 2025), "Silent Night, Deadly Night" (December 12, 2025), and "Return to Silent Hill" (January 23, 2026).

Cineverse distributes more than 71,000 premium films, series, and podcasts across various platforms. While the stock trades at a relatively high P/E ratio of 31x, InvestingPro analysis shows the company maintains a healthy balance sheet with more cash than debt. For deeper insights into CNVS’s valuation and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro along with 11 additional actionable ProTips.

In other recent news, Cineverse Corp reported a strong financial performance for the fourth quarter of 2025, with revenue reaching $15.6 million, marking a 58% increase compared to the previous year. The company also reported a net income of $858,000 for the quarter. For the full year, Cineverse achieved $78.2 million in revenue, a 59% rise year-over-year, and a net income of $3.8 million. Additionally, Cineverse has been added to multiple FTSE Russell indexes, which could enhance its visibility among institutional investors. The company has also reorganized its technology assets under a new division, aiming to accelerate growth in this area. Cineverse is optimistic about its future, with plans to release several films, including "Toxic Avenger" and "Return to Silent Hill." Furthermore, the company is exploring AI integration across its operations and targeting major studios for its MatchPoint technology licensing. These developments highlight Cineverse’s strategic focus on innovation and expansion in the competitive streaming and media landscape.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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