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Posted On: 06/18/2020 4:02:01 PM
Post# of 110
NetworkNewsBreaks – The Movie Studio, Inc. (MVES) CEO Discusses Strategy to Disrupt VOD Sector as Major Players Announce Massive Acquisitions
The Movie Studio (OTC: MVES), a vertically integrated motion picture production company engaged in the acquisition, development, production and distribution of independent motion picture content for worldwide consumption, today announced that its founder, president & CEO, Gordon Scott Venters, has been featured in an exclusive audio interview with NetworkNewsWire (“NNW”), a financial news and content distribution company and one of 45+ brands in the InvestorBrandNetwork (“IBN”). During the interview, Venters provided details on The Movie Studio’s strategy to disrupt the video on demand (“VOD”) industry as major players like Disney and Viacom continue to announce massive acquisitions in the space. “We’re very fortunate that, when the pandemic came around, people were sheltered in place and were digesting content more frequently and more robustly,” Venters said. “Right in the midst of the pandemic, on March 17, 2020, Tubi was bought by Fox/Disney for $440 million. On the coattails, the same day, you had Pluto TV bought by Viacom for $330 million. Now, those giant media companies wouldn’t have spent that capital unless they felt that the consumer ingestion of content was going to accelerate at a super-fast rate.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
The Movie Studio (OTC: MVES), a vertically integrated motion picture production company engaged in the acquisition, development, production and distribution of independent motion picture content for worldwide consumption, today announced that its founder, president & CEO, Gordon Scott Venters, has been featured in an exclusive audio interview with NetworkNewsWire (“NNW”), a financial news and content distribution company and one of 45+ brands in the InvestorBrandNetwork (“IBN”). During the interview, Venters provided details on The Movie Studio’s strategy to disrupt the video on demand (“VOD”) industry as major players like Disney and Viacom continue to announce massive acquisitions in the space. “We’re very fortunate that, when the pandemic came around, people were sheltered in place and were digesting content more frequently and more robustly,” Venters said. “Right in the midst of the pandemic, on March 17, 2020, Tubi was bought by Fox/Disney for $440 million. On the coattails, the same day, you had Pluto TV bought by Viacom for $330 million. Now, those giant media companies wouldn’t have spent that capital unless they felt that the consumer ingestion of content was going to accelerate at a super-fast rate.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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