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Cineverse Hires Industry Veterans Laura Schumer and Ben Cabonargi to Lead Direct Ad Sales for Rapidly Growing Podcast Network
Cineverse Hires Industry Veterans Laura Schumer and Ben Cabonargi to Lead Direct Ad Sales for Rapidly Growing Podcast Network

Yahoo

time13-03-2025

  • Business
  • Yahoo

Cineverse Hires Industry Veterans Laura Schumer and Ben Cabonargi to Lead Direct Ad Sales for Rapidly Growing Podcast Network

New Team Brings Four Decades of Experience from SiriusXM, Pandora, Stitcher and Turner Broadcasting LOS ANGELES, March 13, 2025 /PRNewswire/ -- Cineverse (NASDAQ: CNVS), a next-generation entertainment studio, today announced that it has hired Laura Schumer and Ben Cabonargi as Directors of Podcast Sales. With over four decades of experience in the media industry between them, Schumer and Cabonargi will spearhead the new podcast direct sales team for the Cineverse Podcast Network. They will work with the leading podcast media agencies and brands to sell Cineverse's more than 35 audio series that have over 75 million downloads. Schumer and Cabonargi's appointments are effective immediately, and they will report to Terry City, Senior Vice President, Direct Advertising Sales. Prior to joining Cineverse, Schumer served as Sales Executive at Pandora/SiriusXM for nine years. There, she sold advertising revenue for satellite, streaming and podcast and was a top producer of podcast revenue for SiriusXM Media, working with various clients, agencies and Fortune 500 companies. Schumer began her career in advertising sales for Turner Broadcasting (now Warner Bros. Discovery), where she worked for seven years. A seasoned digital audio leader, Cabonargi held several prominent roles before joining Cineverse, including as Director of Revenue Partnerships at SiriusXM, Vice President of Podcast Advertising Partnerships at Stitcher/Midroll Media and Vice President of Sales at TargetSpot. In these positions, he drove growth, omnichannel monetization and strategic partnerships that have helped shape the digital audio and podcasting landscape. Cabonargi has played a pivotal role throughout his career in connecting content creators to brands across podcasting, video, social media and branded content. "Our rapid podcast expansion in the past year has contributed to significant ad sales growth and the need for an expanded direct sales team that specializes in podcasts and can complement our programmatic revenue," said Terry City, Senior Vice President, Direct Advertising Sales. "We are confident that Laura and Ben have the right experience, passion and leadership qualities to spearhead those efforts and continue our upward trajectory as a top-10 podcast network." Home to fan-favorite entertainment, true crime and horror podcasts, the Cineverse Podcast Network recently added popular shows Creepy Places: A True Crime Podcast, RetroCrush and Midnight Pulp to its catalog, and partnered with The Stand Group to launch WITZ Podcast Network and expand into comedy programming. In the most recently reported quarter, podcast and related revenues were up 39% over the previous year. About Cineverse Podcast Network Cineverse operates a top-10 podcast network with more than 35 audio series. It leverages owned-and-operated brands like Bloody Disgusting, Midnight Pulp and RetroCrush to deliver hit shows in horror, true crime and entertainment. A growing division of the Company, the Cineverse Podcast Network generates advertising revenue from brands across key categories, including movie studios, retailers and consumer products. In its most recently reported quarter, Cineverse podcast and related revenue was up 39% versus the prior year. Top series include Mayfair Watchers Society, Creepy Places: A True Crime Podcast, The Dead, Murder in America and more. About Cineverse Cineverse (Nasdaq: CNVS) is a next-generation entertainment studio that empowers creators and entertains fans with a wide breadth of content through the power of technology. It has developed a new blueprint for delivering entertainment experiences to passionate audiences and results for its partners with unprecedented efficiency, and distributes more than 71,000 premium films, series, and podcasts. Cineverse connects fans with bold, authentic, independent stories. Properties include the highest-grossing non-rated film in U.S. history; dozens of streaming fandom channels; a premier podcast network; top horror destination Bloody Disgusting; and more. Powering visionary storytelling with cutting-edge innovation, Cineverse's proprietary streaming tools and AI technology drive revenue and reach to redefine the next era of entertainment. For more information, visit CONTACTS For Media, The Lippin Group for Cineversecineverse@ For Investors, Julie Milsteadinvestorrelations@ View original content to download multimedia: SOURCE Cineverse Corp. Sign in to access your portfolio

Cineverse Signs Highlander Franchise Digital Rights Deal with Davis-Panzer Productions
Cineverse Signs Highlander Franchise Digital Rights Deal with Davis-Panzer Productions

Yahoo

time10-02-2025

  • Entertainment
  • Yahoo

Cineverse Signs Highlander Franchise Digital Rights Deal with Davis-Panzer Productions

Popular Action- Adventure Fantasy Films and Television Series Available on Cineverse Streaming Services and Other Digital Platforms LOS ANGELES, Feb. 10, 2025 /PRNewswire/ -- Cineverse (Nasdaq: CNVS), a next-generation entertainment studio, today announced the extension of its partnership with Davis-Panzer Productions, Inc., securing digital rights to multiple titles from the iconic Highlander film and television franchise, along with additional titles from the Davis-Panzer renowned catalog. Under the multi-year and multi-territory agreement, Cineverse has the rights to nine movie and television series titles for its streaming services – including Cineverse and Midnight Pulp – and distribution over other digital platforms and streaming services. Cineverse's catalog features the original Highlander film, all six seasons of Highlander: The Series, and its spin-off, Highlander: The Raven. Additionally, the collection includes a diverse selection of films produced by Davis-Panzer, such as Cat Chaser, O'Hara's Wife, The Osterman Weekend, St. Helens, and Steel. Highlander, the iconic action-adventure fantasy franchise and pop culture phenomenon launched in 1986 with the original movie starring Christopher Lambert and Sean Connery. The film developed a devoted global following around the immortal hero Connor MacLeod, leading to the production of multiple sequels and a globally successful television series that aired from 1992 to 1998. A major reboot of the feature film and franchise is currently in development at Lionsgate with Chad Stahelski (John Wick) set to helm starring Henry Cavill (Man of Steel, The Witcher). "We are thrilled to continue our partnership with Davis-Panzer Productions and re-imagine new ways to deliver such a valuable IP to its fans," said Cineverse Chief Content Officer Yolanda Macias. "On the dawn of the highly anticipated new Highlander feature film currently in the works, the popular franchise will now be able to reach new streaming audiences." The owners and executive team of Davis Panzer Productions (Priscilla Panzer and Katia Vitale Davis) stated, "As we approach the 40th Anniversary of Highlander and the production of the Highlander reboot we are excited to continue our partnership with Cineverse. This collaboration allows our beloved stories to reach devoted fans and new generations while honoring the memory of Peter Davis and Bill Panzer, whose visionary work continues to inspire and shape the future of our company." ABOUT CINEVERSE Cineverse (Nasdaq: CNVS) is a next-generation entertainment studio that empowers creators and entertains fans with a wide breadth of content through the power of technology. It has developed a new blueprint for delivering entertainment experiences to passionate audiences and results for its partners with unprecedented efficiency, and distributes more than 71,000 premium films, series, and podcasts. Cineverse connects fans with bold, authentic, independent stories. Properties include the highest-grossing non-rated film in U.S. history; dozens of streaming fandom channels; a premier podcast network; top horror destination Bloody Disgusting; and more. Powering visionary storytelling with cutting-edge innovation, Cineverse's proprietary streaming tools and AI technology drive revenue and reach to redefine the next era of entertainment. For more information, visit Press Contacts: For MediaThe Lippin Group for Cineverse, cineverse@ For InvestorsJulie Milstead, investorrelations@ View original content to download multimedia: SOURCE Cineverse Corp.

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