- COVID-19 outbreak has led to halt in filmmaking; report entitled ‘The Future of Film’ has suggested virtual filmmaking techniques adhere to ongoing social distancing norms
- Films such as ‘The Lion King’ or ‘Gravity’ filmed in entirely virtual sets, without need for conventional bustling movie set
- Independent filmmakers such as The Movie Studio, which have long incorporated unconventional filming techniques, are able to adopt new methods in simpler manner
- Ability to resume film production in timely manner will be crucial in driving earnings, sales going forward
The COVID-19 pandemic has brought the Hollywood movie industry to a juddering halt – with the past few days alone bringing reports of a spate of upcoming film releases being further postponed. Nonetheless, with major Hollywood studios bearing the brunt of the economic pain, smaller independent filmmakers such as The Movie Studio (OTC: MVES) stand to benefit. Published only days prior to the United Kingdom going into lockdown, a British report entitled ‘The Future of Film’ (http://nnw.fm/8Hi6L) offered some suggestions on how to address the current challenges of filmmaking using a series of “virtual techniques”.
Film studios and location sets have traditionally been a hive of activity, consumed by a frenetic buzz of people and commotion; film crews and actors work in close proximity to others while hair, makeup and costume departments oblige performers to come into contact with one another. The Future of Film report sets out a template of virtual production techniques which they believe are essential practices needed to resume…
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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