New All-in-One Streaming Service, Cineverse, to be Among the First Video Platforms to Utilize Genomic Traits to Enhance Content Discovery
LOS ANGELES, CA / ACCESSWIRE / September 8, 2022 / Cinedigm Corp. (NASDAQ:CIDM), a premier streaming Company dedicated to serving enthusiast fan bases, today announced that the Company is partnering with Katch to integrate its unique Genomic Data into Cinedigm's forthcoming, flagship streaming service, Cineverse. Much like how Pandora changed the way millions of people discover music, Cineverse will be among the first to enhance content discovery by utilizing an extensive metadata classification system to categorize film and television series via Katch's proprietary set of Universal Genomic Traits that account for tone, character arcs, mood, context and thematic nature, among many other qualitative traits.
These Universal Traits help describe video content in ways that cannot be achieved via the use of a TV series or film's typical genre classification or content synopsis. By combining Katch's unique data with Cinedigm's portfolio of movies and shows, the companies are paving the way towards an advanced genomic approach to streaming video that leverages taste-driven insights. Designed by Dr. Nolan Gasser, architect of the original Pandora Music Genome and author of "Why You Like It: The Science and Culture of Musical Taste", the genome is the foundation of Katch's analytics and content intelligence technology.
Cineverse is Cinedigm's new, all-in-one streaming service that will feature over 20 free ad-supported streaming television (FAST) channels alongside thousands of titles available on demand. This content will span various popular genres targeting enthusiast fan bases - from anime and sci-fi/fantasy to horror and independent film.
Using Katch's Genomic Traits, content available on Cineverse can be described "beyond" its genre, with substantially more detail, by capturing more than 2,000 unique variables that represent highly nuanced dimensions for each title, allowing Cinedigm to program collections of content that are far more accurate and thematically cohesive than those programmed by most streaming services (i.e., "New This Week" or "Top Horror Films"). For example, content across a variety of genres can be linked together via their shared Genomic Traits, enabling Cineverse users to discover new films or series that more accurately reflect their interests and tastes.
Katch's proprietary data and analytics provide streaming platforms with actionable programming insights into why certain film and TV series are connecting with different audiences - allowing Cinedigm to refine its content programming and content acquisition strategy over time.
"Content discovery is at the heart of Cineverse, and it is our aim to redefine the user experience by improving how audiences discover television entertainment that better suits their interests and caters to their needs," said Tony Huidor, Chief Technology & Product Officer at Cinedigm. "We are excited to lead the way in utilizing Katch's Media Genome to enhance content discovery and look forward to rolling out other forthcoming enhancements such as an integrated loyalty program, digital rewards, and collectible NFTs. Our partnership with Katch will help us change how our viewers discover new movies in the same way that Pandora significantly changed the music industry by enabling listeners to more easily discover music that perfectly matched their music tastes."
Katch's Chief Commercial Officer, John Dicconson stated, "We continue to build upon our work with major streaming platforms and studios to create a more emotional connection with audiences through taste-based programming and marketing insights. We are thrilled to be working with Cinedigm to help revolutionize the video viewing experience by aiding in the discovery of fresh new content through the use of our Media Genome."
Katch's extensive genomic database will be integrated directly into the proprietary content recommendation engine that is part of the Matchpoint Blueprint platform that powers Cinedigm's apps. Through this direct integration, the recommendation engine will utilize a substantially enhanced set of data to better tailor personalized content recommendations to each user.
Cineverse is your ticket to a world of entertainment delights, thrilling filmmaker discoveries, and more. In a world where algorithms steer viewers towards the predictable, Cineverse will buck that trend with a focus not only on passionate curation but also by leveraging Cinedigm's Matchpoint® technology to provide content recommendations based on real-time feedback from viewers. From artfully entertaining American indies to the boldest in global film and television, emerging voices, and non-fiction storytelling, Cineverse's library of world-class, on-demand content, and lineup of free linear channels, will reward the curious and adventurous.
For more than 20 years, Cinedigm (NASDAQ: CIDM) has led the digital transformation of the entertainment industry. Today, Cinedigm entertains consumers around the globe by providing premium feature film and television series, enthusiast streaming channels and technology services to the world's largest media, retail and technology companies. As a leader in the rapidly evolving streaming ecosystem, Cinedigm continues its legacy as an innovator through its adoption of next-generation technologies, such as artificial intelligence and machine learning, through its proprietary, highly-scalable Matchpoint™ technology platform. For more information, visit cinedigm.com.
Cinedigm uses, and will continue to use, its website, press releases, SEC filings, and various social media channels, including Twitter (Cinedigm Twitter), LinkedIn (Cinedigm LinkedIn), Facebook (Cinedigm Facebook), StockTwits (Cinedigm Stocktwits) and the Company website (www.cinedigm.com) as additional means of disclosing public information to investors, the media and others interested in the Company. It is possible that certain information that the Company posts on its website, disseminated in press releases, SEC filings, and on social media could be deemed to be material information, and the Company encourages investors, the media and others interested in the Company to review the business and financial information that the Company posts on its website, disseminates in press releases, SEC filings and on the social media channels identified above, as such information could be deemed to be material information.
By combining a rich entertainment pedigree with a proprietary Media Genome and advanced data science, Katch is empowering Hollywood studios, streamers, and production companies to deeply understand their content libraries and engage audiences on a more profound level.
Katch seeks to make "genre" obsolete in today's crowded content market by offering a window into audience taste and the subconscious connections' viewers form with film and television IPs.
PRESS CONTACT FOR CIDM:
Matt Biscuiti and Don Ciaramella (New York)
Kevin Broderick (Los Angeles)
The Lippin Group for Cinedigm
High Touch Investor Relations
SOURCE: Cinedigm Corp.
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