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LOS ANGELES - Cineverse Corp (NASDAQ:CNVS) has appointed Michele Edelman as Executive Vice President, Technology & General Manager of Matchpoint, effective immediately, according to a company press release.
Edelman, who previously served as a consultant to the Cineverse Technology Group, will report to Tony Huidor, President of Technology and Chief Product Officer. In her new role, she will oversee the company’s go-to-market strategy, including sales, marketing, and operations for Matchpoint, the company’s media supply chain platform. The appointment comes as Cineverse maintains a strong financial position, with InvestingPro data showing the company holds more cash than debt and maintains healthy liquidity ratios.
During her consultancy period, Edelman helped launch several new Matchpoint customers and developed the service’s identity. She will also lead sales and marketing for cineSearch for Business, the company’s AI-powered content search and discovery platform.
"Michele has made an immediate and significant impact on our go-to-market strategy and established key business partnerships," Huidor said in the statement.
Edelman brings extensive industry experience, having spent 20 years at Warner Bros. in various roles including VP of Worldwide Marketing, Programming and Acquisitions. She has also held senior positions at Premiere Digital and Vubiquity.
Her industry recognitions include being named among the Top 40 in Streaming Media, receiving the Women in Home Entertainment Award, and earning the entertainment industry’s Wonder Woman Award.
Matchpoint is described as a media supply chain service that automates video content processes to reduce costs and eliminate human error while facilitating content delivery across multiple platforms.
Cineverse Corp develops entertainment technology solutions and distributes over 71,000 premium films, series, and podcasts, according to the company. The company has demonstrated robust financial performance, with revenue growth of 59% in the last twelve months and an overall financial health score rated as "GREAT" by InvestingPro. For detailed insights and access to the comprehensive Pro Research Report covering Cineverse Corp, along with 1,400+ other US stocks, visit InvestingPro.
In other recent news, Cineverse Corp reported a significant financial achievement in the fourth quarter of 2025, with total revenue reaching $15.6 million, representing a 58% increase compared to the previous year. This performance was driven by strategic initiatives such as a new organizational structure and market expansion. Additionally, Cineverse has been added to multiple FTSE Russell indexes, including the Russell 3000E and Russell Microcap indexes, as part of the annual reconstitution. These inclusions are set to take effect in late June 2025. In another development, Cineverse announced the appointment of three industry veterans to its Cineverse Motion Pictures Group. Steven Peros will serve as vice president of creative development and filmmaker relations, Dan Fisher as vice president of acquisitions, and Cameron Moore as a consultant for theatrical distribution. These recent developments highlight the company’s ongoing efforts to strengthen its position in the entertainment industry.
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