- Sixty-nine percent of U.S. households now subscribe to streaming video services, up from 55% in 2017, leading to higher demand for high-quality content
- Wonderfilm already has 13 feature films and other content products lined up to meet this constant and growing demand
- Company expects to generate $100 million in revenue by 2021, $20 million in deferred revenue early next year
- Global entertainment and media consumer spending to increase at CAGR of 4.4% over the next five years, industry’s global revenue to reach US$2.4 trillion in 2022
Wonderfilm Media Corporation (TSX.V: WNDR) (OTCQB: WDRFF), a leading entertainment company producing internationally appealing, high-quality feature films and episodic television, is working on quality theatrical releases and entertainment content to meet the fast-growing global demand for content caused by the unprecedented expansion of streaming services.
The entertainment industry is going through a golden era of streaming, with demand from major players such as Netflix, Amazon, Disney and Apple being at an unprecedented high as they continue growing their customer base to the detriment of…
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