Wonderfilm Media (TSX.V: WNDR) (OTCQB: WDRFF), a producer of high-quality feature films and episodic television with international appeal, is well positioned to capitalize on the growing consumer demand for entertainment content. A recent article discussing the company reads, “Deloitte analysts report that for the first time in history, a higher percentage of U.S. households subscribed to a digital streaming service than to traditional pay television. 69% of U.S. households now subscribe to streaming video services, up from 55% in 2017 (http://nnw.fm/BUTp9), and PwC research indicates that consumers are willing to spend more to get the content they want, with total global spending on entertainment and media expected to grow at a CAGR of 4.4% over the next five years to reach $2.4 trillion in global revenue by 2022 (http://nnw.fm/Q8rP8).”
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About Wonderfilm Media Corp.
Wonderfilm currently has 13 films in or going into production with six scheduled to be delivered in the first quarter of 2020 as well as many significant movies and TV series in the development queue. Most notable among the $60 million total of green-lit features are the horror film “Amityville 1974,” in theatres October 2020, and the action film “Inside Game,” starring Tyrese Gibson, hitting theatres in fall 2020. The company is also currently developing secured valuable IP rights including the Steve McQueen story and the book adaptation, “Merchant of Death.” The Wonderfilm core producing team of Kirk Shaw, Shaun Redick and Dan Grodnik are busy broadening and burnishing the Wonderfilm brand by raising the profile of its films across the industry, attracting A-list stars to its productions and widening its theatrical releases. Wonderfilm is a leading, publicly traded (TSX Venture Exchange and OTCQB) entertainment company with offices in Beverly Hills, California; Vancouver, British Columbia; and Seoul. Wonderfilm’s main business is the production of high-quality feature films and episodic television that offer international appeal through the company’s guiding philosophy of bringing new financing solutions to an entertainment industry increasingly looking for funding and co-production alternatives. Wonderfilm is a producer and distributor only for the projects disclosed. The legal ownership of movie productions is held in a special-purpose legal entity held at arm’s length to the company to facilitate the qualification of various levels of domestic and foreign-government, tax-credit incentives that are customary in the film and production business. For more information, visit the company’s website at www.Wonderfilm.com.
NOTE TO INVESTORS: The latest news and updates relating to WDRFF are available in the company’s newsroom at http://nnw.fm/WDRFF
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