Cineverse (CNVS) announced the launch of Matchpoint Reel Visuals AI, a new revenue-driving artificial intelligence rights management service. The company said, “Reel Visuals AI empowers those who own libraries of feature films, television shows and podcasts to take advantage of growing demand from AI companies to acquire audio/video content to train artificial intelligence models at scale. Through a unique non-exclusive revenue-sharing offering, Cineverse will ensure that content creators and rights holders – from independent production companies and large global studios to AI training rights agents and content aggregators – are compensated for use of their video content in AI training while also eliminating the associated delivery costs that often make the opportunity to profit in this space unviable.”
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