NetworkNewsBreaks – The Movie Studio, Inc. (MVES) Employs Blockchain Technology to Advance Within Expanding VOD Industry

June 26, 2020 13:30:09

The Movie Studio (OTC: MVES), a vertically integrated motion picture production company, is staying ahead of the curve by utilizing over-the-top (“OTT”) distribution platforms and blockchain technology to expand its vertically integrated film production and distribution architecture. An article discussing the company reads, “MVES is taking the opportunity to leverage blockchain as the innovative technology provides valuable opportunities to address issues related to the management of creative rights, digital piracy, and distribution complexity. The decentralized nature of blockchain technology is key. It ensures that tampering or takeover of proprietary content is virtually impossible through the use of smart contracts that can register and enforce distribution as well as release agreements between distribution partners and content producers. . . . Incorporation of blockchain technology is only one part of the innovative changes taking place across the digital landscape of the industry. As part of the film distribution and production space, VOD has undergone a massive shift in the last decade—and this shift has only accelerated as a result of COVID-related lockdowns that increased consumer demand for entertainment.”

To view the full article, visit http://nnw.fm/LpId6

About The Movie Studio Inc.

The Movie Studio Inc. is a vertically integrated motion picture production and distribution company engaged in the acquisition, development, production and distribution of independent motion picture content for worldwide consumption, with a particular focus on video on demand (“VOD”), foreign sales and various media devices. It is disrupting traditional media content delivery systems with its digital business model of motion picture distribution and intends direct server access of its content with geo-fractured territories for worldwide distribution. The company was formerly known as Destination Television Inc. and changed its name to The Movie Studio Inc. in November 2012. It is headquartered in Fort Lauderdale, Florida. For more information, visit 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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