- Demand for video-streaming increased as result of lockdowns connected to COVID-19
- Worldwide box office losses estimated in the billions
- Major studios moving to on-demand movie releases as theatres remain closed
- MVES an established independent movie studio with proven growth strategy, digital revenue model
- VOD one of the only industries experiencing increased demand, expected to reach $120.91 billion by 2025
While government-imposed lockdowns have crippled the film industry, video-streaming services have seen increased demand (http://nnw.fm/y4Iqb). The Movie Studio Inc. (OTC: MVES), a vertically integrated motion picture production company, is positioned to benefit from this shift by continuing to acquire, develop, produce and distribute independent motion pictures globally via subscription and advertiser video on demand (SVOD/AVOD), over the top (OTT) platforms, foreign sales and various media devices.
The already-fragile entertainment industry took a substantial hit as a result of the forced closure of theatres, with losses estimated in the billions…
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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