- Streaming video-on-demand (SVOD) giants are ramping up spending on content
- Forecasts for the global SVOD sector increased by 25 percent to $36 billion this year
- Wonderfilm recently appointed PCG Advisory Inc. as its advisor for investor relations and strategic communications
Investors looking for opportunities in the booming mass media sector will likely find Wonderfilm Media Corporation (TSX.V: WNDR) (OTC: WDRFF) on their radars. Movies produced by Wonderfilm’s production team before they joined together to form Wonderfilm include ‘Get Out’ (2017), which cost $4.5 million to make and grossed $255 million at the box office; ‘BlacKkKlansman’ (2018), which grossed $93 million on a budget of $15 million; and ‘National Lampoon’s Christmas Vacation’, which has grossed $71 million on a budget of $25 million. With the global media-and-entertainment market forecast to grow from $1.9 trillion in 2017 to $2.4 trillion in 2022 (http://nnw.fm/efpD2), content creators like Wonderfilm are positioned to capitalize.
Based on current trends, cable and video are out, and streaming video on demand is in. Not so long ago, video rental shops were as ubiquitous as delis. However, in just a decade or so, technological developments have transformed America’s viewing habits. Mass adoption of subscription video-streaming services such as…
For more information, visit the company’s website at www.Wonderfilm.com
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