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Posted On: 04/19/2021 3:04:10 PM
Post# of 7452
FOUR MYFLIX BLOG UPDATES
HHSE INVESTOR RELATIONS
Friday, April 2, 2021
Good Friday Updates - HHSE, MyFlix and More...
So, we will move these items into mainstream newswire releases beginning Tuesday. Meanwhile, we can provide shareholders with some updates on less substantial issues.
1). MYFLIX Gaming & Educational Portals - We are moving "up" the coordinated launch of these two key MyFlix Features to correspond more closely to (or simultaneously to) the launch of the MyFlix passive-streaming service. The rationale' for this move will be clarified in an updated MyFlix mission statement, as detailed in the Company's Form 10 and S1 Offering documents.
2). MYFLIX Exclusives & Premiere Programming - New financing structures will enable MyFlix to also offer key titles on an "exclusive" basis, including first-release premiere programming. This was not previously contemplated due to the costs for exclusives or premiere titles. The structure and rationale' for such a move is also detailed in the Company's Form 10 and S1 Offering documents.
3). MYFLIX Principals and Advisors - We have recruited proven executives from successful streaming services to join the MyFlix team in either executive or advisory positions - which we believe will add operational insights and venture credibility to the MyFlix launch.
4). MYFLIX - SVOD Subscribers Goal - Based on the quantity of titles for MyFlix, as well as the unique special features the site and APP will offer - the company feels that it's realistic and obtainable to have over 1-million "monthly" subscribers within a year (paying approx. $9 / month), with an annualized gross revenue basis of $108-mm. This forecast goal is based in part by the success of ACORN and AMC channels (see article below), which now has over 4-million monthly subscribers at $5.99 each (about $300-mm annual gross).
MORE TO COME>>>
https://hannoverhousemovies.blogspot.com/2021...-more.html
HHSE INVESTOR RELATIONS
Friday, April 2, 2021
Good Friday Updates - HHSE, MyFlix and More...
So, we will move these items into mainstream newswire releases beginning Tuesday. Meanwhile, we can provide shareholders with some updates on less substantial issues.
1). MYFLIX Gaming & Educational Portals - We are moving "up" the coordinated launch of these two key MyFlix Features to correspond more closely to (or simultaneously to) the launch of the MyFlix passive-streaming service. The rationale' for this move will be clarified in an updated MyFlix mission statement, as detailed in the Company's Form 10 and S1 Offering documents.
2). MYFLIX Exclusives & Premiere Programming - New financing structures will enable MyFlix to also offer key titles on an "exclusive" basis, including first-release premiere programming. This was not previously contemplated due to the costs for exclusives or premiere titles. The structure and rationale' for such a move is also detailed in the Company's Form 10 and S1 Offering documents.
3). MYFLIX Principals and Advisors - We have recruited proven executives from successful streaming services to join the MyFlix team in either executive or advisory positions - which we believe will add operational insights and venture credibility to the MyFlix launch.
4). MYFLIX - SVOD Subscribers Goal - Based on the quantity of titles for MyFlix, as well as the unique special features the site and APP will offer - the company feels that it's realistic and obtainable to have over 1-million "monthly" subscribers within a year (paying approx. $9 / month), with an annualized gross revenue basis of $108-mm. This forecast goal is based in part by the success of ACORN and AMC channels (see article below), which now has over 4-million monthly subscribers at $5.99 each (about $300-mm annual gross).
MORE TO COME>>>
https://hannoverhousemovies.blogspot.com/2021...-more.html
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