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Posted On: 08/12/2020 3:19:40 PM
Post# of 110
NetworkNewsBreaks – The Movie Studio Inc. (MVES) Poised to Benefit as Film Libraries Become Increasingly Valuable
The Movie Studios (OTC: MVES), an independent motion picture production company located in Florida, leverages a strategic business model based on the purchase of legacy film libraries that have been upgraded to 4K resolution along with the re-monetization of new content on popular video on demand (“VOD”) streaming platforms. The company stands to benefit from the revaluation of its media library as film content and distribution rights becoming increasingly valuable as streaming platforms compete to attract viewers through the provision of unique licensed films and TV shows. A recent article discussing this reads, “The Movie Studio has been an avid purchaser of film libraries over the past decade. In 2015, the company purchased a 60% stake in the Seven Arts film library, which included films by top Hollywood stars such as John Goodman, Ving Rhames, Burt Reynolds and Tim Robbins (http://nnw.fm/hYQQJ). The purchase was followed up by a subsequent acquisition in 2016, with The Movie Studio arriving at an agreement to acquire a 12 major motion picture library from the Arrowhead Target Fund, including films such as ‘Johnny Mnemonic’ starring Keanu Reeves, ‘Never Talk to Strangers’ featuring Antonio Banderas, and Clive Owens’ ‘I’ll Sleep when I’m Dead’ (http://nnw.fm/gIY8x).”
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 Studios (OTC: MVES), an independent motion picture production company located in Florida, leverages a strategic business model based on the purchase of legacy film libraries that have been upgraded to 4K resolution along with the re-monetization of new content on popular video on demand (“VOD”) streaming platforms. The company stands to benefit from the revaluation of its media library as film content and distribution rights becoming increasingly valuable as streaming platforms compete to attract viewers through the provision of unique licensed films and TV shows. A recent article discussing this reads, “The Movie Studio has been an avid purchaser of film libraries over the past decade. In 2015, the company purchased a 60% stake in the Seven Arts film library, which included films by top Hollywood stars such as John Goodman, Ving Rhames, Burt Reynolds and Tim Robbins (http://nnw.fm/hYQQJ). The purchase was followed up by a subsequent acquisition in 2016, with The Movie Studio arriving at an agreement to acquire a 12 major motion picture library from the Arrowhead Target Fund, including films such as ‘Johnny Mnemonic’ starring Keanu Reeves, ‘Never Talk to Strangers’ featuring Antonio Banderas, and Clive Owens’ ‘I’ll Sleep when I’m Dead’ (http://nnw.fm/gIY8x).”
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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