- MVES using blockchain technology to address management of creative rights, digital piracy, distribution complexity
- Company scheduled to release new films, establishing partnerships to meet increased consumer demand for streaming content
- Traditional satellite, cable services losing 12,000 consumers daily
- VOD subscriptions quadrupled to over 600 million as of 2019, global growth of OTT revenue expected top $129 billion by 2023
The Movie Studio (OTC: MVES) is a vertically integrated motion picture production and distribution company that engages in the acquisition, development, production and distribution of independent motion picture content for worldwide consumption with a focus on video on demand (“VOD”), foreign sales and various media devices. In tune with the recent release of the company’s corporate overview, President and CEO Gordon Scott Venters outlined several significant milestones the company has achieved as it continues expansion of its vertically integrated film production and distribution architecture that utilizes over-the-top (“OTT”) distribution platforms and blockchain technology.
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…
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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