The indie-studio streaming site, VODwiz, will launch with a minimum of ten supplier studio partners and 2,500 titles next month, reports Hannover House, Inc. (OTC: HHSE).
Consumers will have the ability to stream independent films as well as selected major studio fare, with a pay-per-transaction model and prices starting at $.99 per movie. The goal of VODwiz is to become a primary destination for movie consumers looking for more than just "the handful of major hits" that tend to dominate the existing portals for video-on-demand programming and subscription viewing services. VODwiz will operate as both a website streaming service, as well as an Internet Protocol TV service (IPTV) with Roku-enabled operations. Studio-supplier partners and key title selections will be individually announced, beginning next week.
Operations for VODwiz are being handled through a servicing agreement with Nanotech Entertainment, Inc., including the technical steps involved in streaming the films to consumers.
Hannover House and VODwiz will support the launch of the VODwiz site and IPTV venture with a high-visibility campaign, including national consumer advertising, publicity and social media outreach.
For more information on Hannover House, visit the company's website at: www.HannoverHouse.com , or view the company's financials and public filings at: www.otcmarkets.com/stock/HHSE/quote
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This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although the company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate.
