LOS ANGELES—Cineverse Corp. is reporting significant year-over-year growth in free ad-supported streaming TV (FAST) viewing with its FAST channels being viewed for 2.26 billion minutes in Q2 2024, up 73% compared to the same period last year (1.31 billion minutes in 2Q23).
Cineverse's owned and operated brands drove 33% of the year-over-year gains. Partner brands operated by Cineverse drove 50% of the increased minutes watched, while new channel growth contributed to 17% of the YoY gains, the company said.
