- Video-on-demand (VoD) and streaming services have seen astonishingly high subscriber numbers in 1Q2020
- The Movie Studio has sought to capitalize on rising demand for licensed content by joining online digital marketplace seeking to bring content vendors, distributors together within single platform
- The company revealed that it had already licensed a number of films for territory of Australia within days of joining new platform
- The Movie Studio’s recent licensing efforts as well its vast array of feature films in pre-production put it in good stead to benefit from rapid rise in demand for licensed content
In a recent survey of 2,600 people in the U.S., an astounding 64% of respondents said that they had either severed their ties with their television cable provider or were actively planning to – with the figure rising to 74% within the 18 to 34 age bracket (http://nnw.fm/pE1rH). The ongoing coronavirus pandemic has seen a stark and overwhelming shift by housebound consumers towards streaming video providers, and digital content providers like The Movie Studio Inc. (OTC: MVES) are positioned to capitalize on the shift in consumer demand.
The Movie Studio recently announced its integration with a digital content platform, which seeks to bring together content vendors and distributors into a single digital marketplace. The digital marketplace utilizes smart contracts and blockchain technology to enable its counterparties to transact in a seamless and…
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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