Cineverse announces acquisition of IndiCue

Cineverse (CNVS) announced the acquisition of IndiCue, an advertising technology company. The acquisition integrates IndiCue’s advertising and monetization capabilities directly into Cineverse’s award-winning Matchpoint platform, enabling Cineverse to operate a unified system spanning content preparation, distribution, monetization, reporting, and real-time performance optimization across FAST, AVOD, Connected TV, and all ad-supported streaming environments. IndiCue is a proprietary connected television, or CTV, monetization platform that provides streaming publishers and operators with the technology infrastructure to manage, optimize, and grow their advertising revenue across FAST, AVOD, and ad-supported streaming environments. IndiCue is expected to generate approximately $38M in revenue and $9.6M in EBITDA in 2026, representing a 25% EBITDA margin and immediate accretion at close, reflecting the operating leverage of transaction-driven CTV advertising infrastructure. The acquisition positions Cineverse for a materially improved financial profile: FY27 revenue is expected to reach $115M-$120M, with technology platforms representing more than 50% of total revenue. Adjusted EBITDA is expected to reach $10M-$20M in FY27, reflecting the accretive nature of the transaction and continued margin expansion.