Brief: Cineverse Acquires Profitable Connected TV Monetization Platform Indicue In Transformational Deal
13/02/2026 14:29
Feb 13 (Reuters) - Cineverse Corp CNVS.O: CINEVERSE ACQUIRES PROFITABLE CONNECTED TV MONETIZATION PLATFORM INDICUE IN TRANSFORMATIONAL DEAL, EXPANDING HIGH-MARGIN INFRASTRUCTURE THAT POWERS MODERN CONTENT DISTRIBUTION CINEVERSE CORP: TOTAL POTENTIAL DEAL CONSIDERATION OF UP TO $40.0 MILLION CINEVERSE CORP - DEAL FINANCED BY EXISTING LONG-TERM SHAREHOLDERS CINEVERSE CORP: FISCAL YEAR 2027 REVENUE IS EXPECTED TO REACH $115-$120 MILLION CINEVERSE CORP: ADJUSTED EBITDA IS EXPECTED TO REACH $10-$20 MILLION IN FISCAL YEAR 2027 Source text: ID:nPn6Bmmt3a Further company coverage: CNVS.O ((Reuters.Briefs@thomsonreuters.com;))