Entertainment
Cineverse Adjusts Microdrama Strategy
Cineverse, a microdrama studio and platform, has reduced its involvement in a joint venture with Banyan, an ex-ABC exec’s venture firm. CFO Sean McCabe announced the shift during the company's fiscal fourth-quarter earnings call.
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Less than a year after launching a microdrama studio and platform in partnership with ex-ABC exec Lloyd Braun’s venture firm Banyan, Cineverse has pulled back from the business. During the company’s fiscal fourth-quarter earnings call Friday, CFO Sean McCabe said Cineverse had shifted fr
2026-06-26 21:01 UTC