That would be a complete waste of money. What did
Post# of 96879
Posted On: 07/25/2016 2:00:17 PM
That would be a complete waste of money. What did Interstellar cost us? A million? I doubt they even had 1,000 rentals on it......
Unless NTEK is given a several month exclusive deal on big movies, then the money is wasted. It doesn't matter if we have the best picture quality. If Amazon or anyone else has it we won't make money. People will always choose convenience/price over quality. In 3 months NTEK will still have an incredibly low subscriber base. It's going to take a good year of strong marketing to get us to where we need to be. Until we have over a million subscribers getting a movie of this expense is worthless. Interstellar did nothing for us. Terminator did nothing for us. I doubt we have more than 5,000 active subscribers. That means nobody knows about us.
The company said it themselves. They've only had 1 million streams. IMO that's incredibly low for this amount of time.
They need to spend money on Marketing/Live Events. Anything else at this point is wasted cash. A movie that has already been in theaters isn't going to drive sales. A movie that hasn't already been in theaters might. Live events will. Netflix grew because of exclusive content. It didn't grow because of already released movies.
The truth is Ultraflix has enough content that they should be making money. The problem is nobody knows who they are. That's what 0 marketing does for you. They seem to think having a Facebook/Twitter is marketing. It's not. It's not working.
Unless NTEK is given a several month exclusive deal on big movies, then the money is wasted. It doesn't matter if we have the best picture quality. If Amazon or anyone else has it we won't make money. People will always choose convenience/price over quality. In 3 months NTEK will still have an incredibly low subscriber base. It's going to take a good year of strong marketing to get us to where we need to be. Until we have over a million subscribers getting a movie of this expense is worthless. Interstellar did nothing for us. Terminator did nothing for us. I doubt we have more than 5,000 active subscribers. That means nobody knows about us.
The company said it themselves. They've only had 1 million streams. IMO that's incredibly low for this amount of time.
They need to spend money on Marketing/Live Events. Anything else at this point is wasted cash. A movie that has already been in theaters isn't going to drive sales. A movie that hasn't already been in theaters might. Live events will. Netflix grew because of exclusive content. It didn't grow because of already released movies.
The truth is Ultraflix has enough content that they should be making money. The problem is nobody knows who they are. That's what 0 marketing does for you. They seem to think having a Facebook/Twitter is marketing. It's not. It's not working.
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(1)Nanotech Entertainment Inc. (NTEK) Stock Research Links
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