Cineverse

The trade group backed by ad-supported streaming television players will work to promote healthy ecosystem for independent voices and programming

Under the SaaS deal Cineverse will supply Matchpoint distribution platform to new TCL mobile phones and TVs

It has secured worldwide library rights to 50 years of the live-action shows

The corporate name change is designed to highlight the company’s transformation into a streaming content and technology company

Valossa Labs will provide video artificial intelligence for Cinedigm’s Cineverse streaming service

The deal allows Cineverse users to rent major Hollywood studio theatrical releases, including some that are still in theaters

The previously announced streaming service has thousands of hours of film and TV programming from 600+ sources

Cinedigm is also making major updates to its Matchpoint Platform Suite that will be used to launch Cineverse