FCI Staff Writer Sacramento 
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August 16, 2023,
Do we really need another streaming service?
Well, it depends upon who you ask.
We know some in our circle who love the variety and want more and more streaming services.
Admittedly, one of them (we will call Tabitha), watches a ton of television. We’re not sure how good that is for you or if you can ever accomplish much, but she had an extremely stressful situation that she removed herself from and a lifestyle that was not a good fit, so watching a lot of television is a great escape.
Her health has definitely improved.
We get it and we’re happy for her.
Then there are age and demographics that come into play. Many factors actually, but since the Pandemic, people love their streaming services and can’t get enough. It is as though a new habit was created and people love it.
As reported by Forbes magazine, “A survey of 1,005 American consumers commissioned by Forbes Home and conducted by market research company Prolific found the most popular type of digital subscriptions are streaming services, which 90% of consumers subscribe to.”
Good to know.
The article goes on to add, according to data by the Motion Picture Association, the number of subscriptions to online video streaming services worldwide reached a whopping 1.1 billion in 2020.
We’re not surprised.
Tabitha has her own theory about this subject.
Tabitha? Have at it.
One of the reasons she likes to stream from home is that she doesn’t like going out at night.
Given her past, that makes perfect sense.
Another factor is that she feels it is far less expensive than going to the movies. By the time you pay for gas, food and tickets, you are easily over $40.
So far, so good. Can’t argue with either of those reasons.
She also loves the variety.
In her mind, the big girls and boys like HBO Max, Showtime, Cinemax and Starz tend to repeat a lot of programming. Even when her cable source gives away a free week, she barely watches those stations because if you have subscribed to them before, so much of it will be repeated. She likes the smaller streaming services because much of what they provide is original and they also house movies seldom seen that would be outdated for the larger networks.
Tabitha loves Hulu, Peacock and Prime Video. She likes Netflix too, though she feels much of their original movies and series are very formulaic.
Well, that was an earful. Enjoyed it.
Tabitha just left our coffee shop table to go home and watch television before it gets dark.
As for us, given the work that we do and the research it requires, we love streaming. Can’t live without it.
So, how about you? Do you love to stream? The options keep growing.
And we like the bundling as well. If you do too, there is another streaming option out there for you,
Drum roll please.
Fandor Streaming Service Now Available on Philo for ‘Movies & More’ Subscribers Through New Deal with Cineverse
News provided by
14 Aug, 2023, 09:30 ET
LOS ANGELES, Aug. 14, 2023 /PRNewswire/ — Cineverse Corp. (“Cineverse” or the “Company”) (NASDAQ: CNVS), a global streaming technology and entertainment company with one of the world’s largest portfolios of streaming channels and content library, announced today that, through a new agreement with Philo, its Fandor streaming service is now available to subscribers of Philo’s “Movies & More” package (a $3.00 add on to Philo’s base package).
As of today, subscribers to Philo’s “Movies & More” plan will have access to Fandor, the Company’s indie discovery platform, as a video-on-demand (VOD) option. Fandor, which The New York Times called “a streaming rabbit hole worth falling down,” is your invitation to hand-picked cinematic pleasures and underseen curiosities. With thrilling new releases from the festival circuit and a curatorial eye toward film history, Fandor’s ever-growing library is artfully entertaining, never just content.
Fandor joins a line-up that includes FMC, Reelz, and Sony Movies.
Noted David Chu, Executive Vice President & General Manager, Cineverse Networks, “the addition of Fandor provides a greater array of choices to Philo’s “Movies & More” add-on package, ensuring consumers will have the opportunity to explore both new and beloved favorites, available for viewing on demand. As we continue to aggressively expand the distribution of Fandor, we are certain that this will lead to new fans discovering our indie streaming platform.”
Cineverse also recently launched three FAST Channels on Philo – Comedy Dynamics, SCREAMBOX TV and The Bob Ross Channel. Reality lifestyle channel So…Real is expected to launch in the coming months.
ABOUT CINEVERSE
Cineverse (NASDAQ: CNVS) is a global streaming technology and entertainment company with one of the world’s largest portfolios of owned and operated streaming channels, all powered by its advanced, proprietary technology platform. Cineverse currently features enthusiast brands for subscription video on demand (SVOD), advertising-based video on demand (AVOD) and free, ad-supported streaming television (FAST) channels. Cineverse entertains consumers around the globe by providing premium feature film and television series, enthusiast streaming channels and technology services to some of the world’s largest media, retail and technology companies. For more information, please visit www.cineverse.com.
ABOUT PHILO
Inspired by Philo T. Farnsworth, the inventor of electronic television, Philo was created to build a better TV experience. The company started in the college market and is available nationwide, offering subscribers dozens of top-rated television channels for a low monthly subscription. In addition to being the first entertainment-focused streaming TV service, Philo offers live TV, unlimited DVR, on-demand, and content from top programmers all available on Android devices and Android TV, Fire Tablets and Amazon Fire TV, Apple TV, iOS/iPad, Roku, PC/Mac web browsers, and Chromecast with Android functionality. Philo currently offers 70+ channels for $25 and allows three separate streams on three different devices with up to 10 profiles. Philo features a streamlined interface, intelligent search, and the ability to easily send your favorite shows to friends – right from within the platform. Philo is based in San Francisco, with offices in New York and Cambridge, MA. For more information, philo.com.
For additional information, please contact:
For Media
The Lippin Group for Cineverse
cineverse@lippingroup.com
For Investors
Julie Milstead
424-281-5411
investorrelations@cineverse.com
SOURCE Cineverse Corp.
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