The Movie Studio (OTC: MVES), a vertically integrated motion-picture production company, is benefiting along with the rest of the video on demand (“VoD”) industry as people are looking to social distance and stay at home. A recent article discussing the company reads, “As early as March 25, 2020, an article in ‘Forbes’ predicted that COVID-19 would create a 50% to 70% surge of internet use, with streaming jumping up by 12% (http://nnw.fm/0jYuv). With the combination of smart television, apps and more than 12,000 people cutting their cable cords every day, VoD is strategically positioned to explode, with one source noting that 1.6 million customers opted out of cable services in 2018, and, in 2019, that number more than tripled, passing 4.9 million (http://nnw.fm/oZA4p). . . . MVES is disrupting traditional media-content delivery systems with the intention to create a direct-server access platform of its own content for worldwide distribution. The company acquires, develops, produces and distributes independent motion pictures for worldwide consumption and is strategically aligned with distribution brands such as Amazon Prime, Showtime, MGM and others.”
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About The Movie Studio Inc.
The Movie Studio operates as a vertically integrated motion-picture production and distribution company. The company acquires, develops, produces and distributes independent motion-picture content for worldwide consumption via theatrical release, video on demand, foreign sales and various media devices. MVES is disrupting traditional media-content delivery systems with its digital business model of motion picture distribution. The company was formerly known as Destination Television Inc. and changed its name to The Movie Studio Inc. in November 2012. The Movie Studio Inc. was founded in 1961 and is headquartered in Fort Lauderdale, Florida. For more information, visit the company’s website at www.TheMovieStudio.com.
NOTE TO INVESTORS: The latest news and updates relating to MVES are available in the company’s newsroom at http://nnw.fm/MVES
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