LOS ANGELES, Oct. 5, 2023
Cineverse Corp. (NASDAQ: CNVS), a global streaming technology and entertainment company with one of the world’s largest portfolios of streaming channels and content libraries, has partnered with Vionlabs, a leading provider of AI video metadata solutions. This partnership allows Cineverse to leverage Vionlabs advanced AI technology to enable next-generation search capabilities on the company’s flagship Cineverse streaming platform and to serve as a key metadata provider for an upcoming advanced search product.
Vionlabs, renowned for its fusion of cognitive AI techniques and film expertise, offers AI technology that pulls relevant metadata from filmed entertainment to aid in understanding the emotional impact of content. The use of cognitive AI utilizes computer vision and machine learning to generate never-before seen sentiment-data. Vionlabs’ cutting-edge technology solutions, namely its Discovery Suite solutions, supports the creation of a unique and extremely accurate personal viewer experience. This award-winning technology has consistently demonstrated its ability to enhance search and discovery for more accurate content recommendations, leading to higher click-through rates and increased discovery of deeper catalog titles – for higher return on content investments for companies such as Hulu and Canela Media.
Through this partnership, Vionlabs’ state-of-the-art cognitive AI has been integrated into Cineverse’s newly-introduced MatchpointAI, an innovative AI-based platform and marketplace, which is part of the Company’s cutting-edge, proprietary streaming technology suite. MatchpointAI provides a simple, one-stop solution for video content producers, streaming platforms, and OEMs seeking to prepare, optimize and future-proof their content.
Vionlab’s technology will be applied to more than 60,000 film and television titles in Cineverse’s library – all content that is currently available on the Company’s owned-and-operated streaming channels (including the flagship Cineverse service), as well as partner channels.
“It’s with great enthusiasm that we team up with Cineverse, a leading streaming innovator, to integrate our groundbreaking cognitive AI technology into their Matchpoint product suite”, said Marcus Bergström, CEO of Vionlabs.
“Our AI capacities will enable an enhanced user experience, guiding viewers to content that more deeply aligns with their interests, adding value to Cineverse and their sophisticated audience", Marcus added.
By integrating Vionlabs' technology into Matchpoint, users will benefit from more nuanced and subjective recommendations based on analysis of various elements, including tone, color, objects, sounds, and action levels to comprehensively understand the emotional nature of content. This enhanced understanding will result in heightened user engagement throughout Cineverse’s extensive content library.
“Our partnership with Vionlabs continues our unwavering commitment to provide an unparalleled streaming experience by leveraging cutting-edge technology to unlock the full potential of our content library as part of our mission to redefine the home viewing experience”, added Tony Huidor, Chief Operating Officer & Chief Technology Officer of Cineverse.
“Our goal is to take the consumer viewing experience to the next level. As such, we continue to invest in Matchpoint in order to build value as a technology provider and to partner with innovative technology partners who share a passion for cinema and our vision for the future of entertainment as we look to solve issues that pose significant challenges in our industry. We strongly believe that we can effectively use AI to connect people with great stories they may not otherwise find.”
The integration of Vionlabs' technology into Cineverse’s MatchpointAI will allow users to enjoy an enhanced viewing experience through features such as Metadata Enrichment, which is able to transform media business's library with precision metadata. It enhances content with detailed keywords and mood tags, ensuring accurate content categorization. Moreover, it increases content discoverability and viewer satisfaction, enabling unprecedented efficiency in content recommendations.
About Matchpoint
Matchpoint (www.matchpoint.tv) – an innovative product suite by Cineverse – is a one-stop streaming solution, set to change the streaming landscape. With a mix of proprietary and third-party AI-based tools, Matchpoint is revolutionizing the way content owners and enterprises launch and grow their streaming business.
About Cineverse
Cineverse is a global streaming technology and entertainment company, boasting one of the world’s largest portfolios of streaming channels and content libraries. Cineverse entertains consumers worldwide through a range of SVOD, AVOD, and FAST channels, all powered by its advanced proprietary technology platform. In addition, Cineverse provides technology services to some of the world’s largest media, retail, and technology companies. For more information, visit www.cineverse.com.
About Vionlabs
Vionlabs is an AI-powered platform that specializes in advanced media content management tools for the entertainment industry. Our innovative solutions streamline video workflows by automating metadata generation, enhancing content discoverability, and driving viewer engagement. Trusted by global leaders, Vionlabs delivers tools that range from mood-based content recommendations to ad break optimization, all designed for accuracy and efficiency. With cutting-edge AI technology, we enable clients to scale personalized viewing experiences and elevate audience satisfaction. Together, we are shaping the future of media by transforming the industry through cutting-edge AI solutions.
More info: Vionlabs.com, LinkedIn, YouTube.
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