Cineverse Reports 1.24 Million Total Subscribers, 438% Screambox Increase

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Cineverse ended the most recent quarter (and its fiscal 2023) with a total of 1.24 million subscribers, an increase of 28% over the prior-year quarter.


Previously known as Cinedigm, the company changed its name earlier this year in a bid to better reflect its greater emphasis on streaming. Along with its flagship Cineverse streaming service, the company also owns a number of other streaming services and related properties.

Today, and as part of its Q4 FY 2023 and FY 2023 earnings report, the company confirmed that it had a total of 1.24 million subscribers, as of March 31, 2023. In addition, streaming revenue in general totaled $32.2 million, up 59% year over year and 230% on a 2-year basis.


Screambox is another of the properties owned by Cineverse and the company today confirmed that the horror streaming service saw a 438% subscriber increase when compared to the end of the same quarter in the year before.

Earlier this year, Cineverse confirmed Screambox had a record-breaking 2022, in part thanks to the success of Terrifier 2. The service had seen so much success in the past year that it was “the fastest-growing horror streaming service,” according to Cineverse.

In terms of watch time, Cineverse confirmed 3 billion total streaming minutes during the last quarter, up 31% over the prior-year quarter and up 73% when compared to the prior sequential quarter.


Similar to many other companies nowadays, Cineverse also offers access to a variety of FAST channels and content. All of which helped its total ad-supported streaming audience, which includes web, mobile, social and connected television, to reach 72.1 million monthly viewers during the quarter.

Unlike many of the other metrics, however, this represented a decrease (17.2%) when compared to the prior-year quarter. The company says this drop was the result of winding down “lower margin and underperforming streaming assets to focus on those with greater profitability.”

John Finn

By John Finn

John started Streaming Better to help consumers navigate the live TV streaming and subscription service landscape. John has been editing and writing about technology and streaming for online publications since 2014, and believes the best streaming approach is to rotate between services as needed.

John's preferred live TV streaming service right now is YouTube TV although he does tend to switch live TV services multiple times each year to keep up to date with their changes. Outside of live TV, John also actively streams HBO Max (for the shows), Peacock (for Premier League), and Paramount Plus (for Champion's League). However, John is also currently subscribed to Apple TV+, Discovery+, Hulu, Starz, Showtime, and Shudder.

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