CURI · CIK 1776909
What CuriosityStream Inc. told the SEC could break it.
2 self-disclosed vulnerabilities, pulled from its own filings, each in the company’s words, with the source. This is the risk register almost nobody reads.
A limited set so far, we surface every cited disclosure we’ve extracted for CURI. More may follow as additional filings are processed.
In its own words
What could break it.
Customer concentration
- Top three customers ~29% of revenuemedium
CuriosityStream's revenue is moderately concentrated — its top three customers accounted for 29% of 2025 revenue (no single customer over 15%) — reflecting reliance on large content-licensing/distribution agreements.
“During the year ended December 31, 2025, the top three customers accounted for 29 % of the Company's revenues with no customer individually accounting for 15 % of the Company's revenues.”
SEC filing →As of 2026
Other disclosures
- Reliance on third-party MVPDs/partners to bill subscribersmedium
CuriosityStream depends on third-party MVPDs and distribution partners to bill subscribers on its behalf and remit fees, so disruption to those partners (or sanctions affecting payments, e.g., Russia) could impair its revenue collection.
“In certain instances, we leverage third parties such as our MVPDs and other partners to bill subscribers on”
SEC filing →As of 2026
The hidden graph
Who it depends on, and who depends on it.
Relationships surfaced from filings, including ones disclosed by the other side, which is how the non-obvious ones come to light.
Its customers
“We have affiliate agreement relationships with, and our service is available directly from major MVPDs that include Comcast, Cox, and Dish, and vMVPDs and digital distributors that include Amazon Prime Video Channels, Roku Channels, Sling TV and YouTube TV.”
Cited →Dish (EchoStar)
“We have affiliate agreement relationships with, and our service is available directly from major MVPDs that include Comcast, Cox, and Dish, and vMVPDs and digital distributors that include Amazon Prime Video Channels, Roku Channels, Sling TV and YouTube TV.”
Cited →Cox Communications
“We have affiliate agreement relationships with, and our service is available directly from major MVPDs that include Comcast, Cox, and Dish, and vMVPDs and digital distributors that include Amazon Prime Video Channels, Roku Channels, Sling TV and YouTube TV.”
Cited →
In the MyPRIA app, this is checked against the companies you actually own.
← World Watch