Cineverse Wins DEG EnTech Emerging Technology Award for cineSearch, Powered by Matchpoint

Cineverse Corp won the Emerging Technology Award at the 5th annual EnTech Awards for its AI-powered content search and discovery platform, cineSearch. Powered by Matchpoint, cineSearch features a customizable AI chat bot that recommends content to users. The platform has been recognized for its ability to lower search time, churn, and costs for consumers and platforms. Cineverse President Tony Huidor accepted the award on behalf of the company and was also a finalist in the Technology Leadership category.

Cineverse Corp (Nasdaq: CNVS), a leading entertainment technology company, has been recognized with the Emerging Technology Award at the 5th annual EnTech Awards. The award, presented by DEG: The Digital Entertainment Group, honors Cineverse for its innovative AI-powered content search and discovery platform, cineSearch. Powered by Matchpoint™, cineSearch features a customizable AI chat bot that recommends content to users, significantly enhancing the search and discovery experience.

Cineverse President Tony Huidor accepted the award on behalf of the company, noting that cineSearch has been designed to solve the film and TV search and discovery problem, which can cost consumers and platforms considerable time and money. The platform has demonstrated its effectiveness by lowering average search time by 90%, annual churn by 15.6%, and generating average savings of 24% per month. These impressive figures underscore cineSearch's potential to revolutionize the way users find and engage with content.

The award recognizes cineSearch's ability to make content discovery more efficient and enjoyable. The platform's AI chat bot, Ava, offers personalized recommendations based on user preferences, making the search process more interactive and tailored to individual tastes. As the platform continues to learn from user behavior, its accuracy and effectiveness are expected to improve, further enhancing the user experience.

In addition to the Emerging Technology Award, Tony Huidor was also recognized as a finalist in the Technology Leadership category, highlighting the leadership and innovation behind Cineverse's technological advancements. The award is a testament to Cineverse's commitment to pushing the boundaries of entertainment technology and creating solutions that benefit both consumers and platforms.

Cineverse's success with cineSearch is part of a broader strategy to leverage AI and other advanced technologies to redefine the entertainment landscape. The company's proprietary streaming tools and AI technology have already driven significant revenue and reach, positioning it as a leader in the next era of entertainment.