Cineverse Celebrates Winning DEG EnTech Award for Innovative cineSearch Technology

Cineverse's Achievement at the EnTech Awards

Cineverse Corporation, known for its innovative strides in the entertainment realm, received the prestigious DEG EnTech Emerging Technology Award at the recent 5th annual EnTech Awards ceremony held in Los Angeles. This award recognizes groundbreaking technology that enhances consumer experiences in digital entertainment. Cineverse stood out due to its development of cineSearch, powered by Matchpoint™, which is designed to revolutionize how viewers find and interact with content.

CineSearch, accessible to consumers through its website, offers a powerful, AI-enhanced content search and discovery platform that streamlines the often cumbersome process of deciding what to watch. One of its standout features is a customizable AI chatbot, aptly named Ava (short for AI Video Advisor). Ava combines the traits of an insightful film critic with a deeply knowledgeable cinephile, delivering tailored recommendations to users based on their preferences and prior viewing history.

As audiences grapple with an ever-expanding library of films and series, cineSearch addresses a major issue: the inefficiency of finding suitable content. Cineverse’s President of Technology and Chief Product Officer, Tony Huidor, expressed pride in the team’s hard work, emphasizing that cineSearch dramatically reduces search time by an impressive 90%. Additionally, it helps platforms cut annual churn rates by 15.6% and saves an average of 24% in monthly operational costs attributed to the search process.

What sets cineSearch apart is not only its AI capabilities but also its adaptability; the platform is continually learning from viewer interactions. As it refines its recommendation algorithms, the hope is that these impressive metrics will continue to improve over time.

In addition to winning the EnTech Award, Tony Huidor was also honored as a finalist in the Technology Leadership category. This recognition underscores the multifaceted impact of Cineverse within the tech and entertainment sectors, especially as it navigates the rapidly evolving landscape of viewer preferences and technology.

The DEG, or Digital Entertainment Group, plays a vital role in promoting platforms and products that support the entertainment industry. As part of its initiatives, DEG awarded Cineverse for its innovative contributions among a group of distinguished competitors that includes major names in entertainment and technology.

Cineverse's focus on technology positions it as a frontrunner in the video streaming industry. The company has developed proprietary solutions that cater to the future of entertainment distribution and asset management. The integration of AI into platforms like cineSearch is reflective of their mission to simplify and enhance viewer engagement in a space often bogged down by choice paralysis.

Apart from cineSearch, Cineverse continues to innovate with various products including cineCore—a rich dataset of over two million titles—aimed at providing valuable insights into viewer behavior and preferences. Their C360 programmatic audience network also highlights their commitment to giving brands the tools needed to reach their target audiences effectively.

Founded on the principles of leveraging technology to create impactful content experiences, Cineverse prides itself on connecting fans with independent stories that matter. With blockbuster titles across genres, the company is redefining what it means to be an entertainment studio today.

In summary, Cineverse’s recent accolade at the EnTech Awards signifies not merely a win for the company but an advancement in how audiences can discover their next favorite films and shows. As technology evolves, Cineverse remains committed to staying ahead of the curve, ensuring that every user feels more connected to the content they love, ultimately shaping the future of digital entertainment.

For media inquiries or further information, visit Cineverse's website.