Into The Cineverse With ‘Terrifier 3's Distributor: How A Six-Figure Investment Turned Into Tens Of Millions In Box Office [Yahoo! Finance]
Cineverse Corp. - Class A (CNVS)
Company Research
Source: Yahoo! Finance
After dealing an embarrassing blow to exponentially pricier rival Joker: Folie à Deux , the threequel's economic model has put it on course to deliver a level of profit that is, well, terrifying. Cineverse, the film's distributor, says it put just $500,000 into marketing and promotion for the release. Additional costs to acquire rights were covered by a loan of up to $3.666 million, which was collateralized by the breakout success of Terrifier 2 and the outlook for the latest installment. The lender will receive 15% of royalties once they come in across the full waterfall, up to a cap of about $6.4 million. More from Deadline As to the final production budget, writer-director Damien Leone and producer Phil Falcone have said it ended up in the low-single-digit millions. The hitherto low-profile Cineverse (formerly Cinedigm) used to be known for selling cinema equipment, a business it has abandoned in recent years. It has just 179 employees, a market value of $35 million and no c
Show less
Read more
Impact Snapshot
Event Time:
CNVS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CNVS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CNVS alerts
High impacting Cineverse Corp. - Class A news events
Weekly update
A roundup of the hottest topics
CNVS
News
- Cineverse's Bob Ross, Comedy Dynamics, Dog Whisperer and Dove FAST Channels Now Live on Google TV™ FreeplayPR Newswire
- Cineverse Releases Holiday Movie Slate to Air on The Dove ChannelPR Newswire
- TERRIFIER 3's Art the Clown is Coming Home, with Dates Announced For EST/VOD and Physical MediaPR Newswire
- How Cineverse Leveraged Its Unusual Media Assets to Market ‘Terrifier 3' for Just $500,000 [Yahoo! Finance]Yahoo! Finance
- Cineverse Corp. (NASDAQ: CNVS) had its price target raised by analysts at Benchmark Co. from $9.00 to $10.00. They now have a "speculative buy" rating on the stock.MarketBeat
CNVS
Sec Filings
- 11/22/24 - Form 8-K
- 11/22/24 - Form 424B5
- 11/20/24 - Form ARS
- CNVS's page on the SEC website