Wonderfilm Media Corporation (TSX.V: WNDR) (OTCQB: WDRFF) Targets Profit Potential in Streaming Wars Content Crunch

January 16, 2020 11:53:38
  • The Wonderfilm Media Corporation is an entertainment acquisition and production company with experienced Hollywood producers able to tap into the film industry’s talent pool
  • The company utilizes a lean production model that emphasizes low upfront costs, quick recovery of early shooting fees and building profits late in a film’s life cycle through delivery of a consumer-popular entry that exceeds revenue targets established with outside partners
  • Amid the ongoing streaming wars, the largest scripted entertainment entities are expected to continue looking for content to feed a hungry machine that currently demands an estimated $107 billion in content acquisition spending annually
  • Wonderfilm’s indie-style approach to filmmaking targets the hungry media machine for a win-win result

When Discovery Inc. President and CEO David Zaslav launched into the new year by meeting with investors in a webcast session of the Citi 2020 Global TMT West Conference in Las Vegas, the non-scripted lifestyle media content giant’s executive offered insights on the direction of consolidation and the streaming wars, arguing that consolidation of media outlets will ultimately winnow down the scripted content field but that existing streaming services will still continue to search for more content outside their own production offices.

“Every one of those bigger players doesn’t have enough content, every one of them has come to us and said you have a huge library in women, a huge library in family, your content library itself is bigger than Netflix as a whole, we need more bulk, we need more great characters,” Zaslav told the conference, adding that Discovery doesn’t intend to farm out its…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to WDRFF are available in the company’s newsroom at http://nnw.fm/WDRFF

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

For more information please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
212.418.1217 Office

NetworkNewsWire is part of the InvestorBrandNetwork.