Zadie, I'm not sure you'd want to market if you knew you
Zadie, I'm not sure you'd want to market if you knew you were going to be in the position to have to negotiate a new Paramount deal. As 2016 wound down, they must've known they were going to lose Paramount for an unknown period of time during contract negotiations that would be better for us than the initial deal.
When we initially acquired the Paramount library the thought was revenues would be more than sufficient to move forward with a marketing program but our rev/sub estimates were obviously a little more ambitious than the actual numbers. Therefore, adjustments needed to be made to account for the shortfall and money to market was obviously on the chopping block.
As it stands today, I wouldn't want them to market. Have you seen UF content lately? It's not very compelling to say the least.
What needs to happen is a new deal. Now I know Warner Bros. sold their digital content delivery rights to Vubiquity. Now Paramount comes out and has publicly announced they are looking to trim their digital content vendors to maybe only one. Does that mean something like the Warner / Vubiquity type deal?? Or maybe something else. Whatever the case, its imperative we get a deal done with a major studio sooner rather than later or we'll be relegated to Hannover House type content and if that happens, I'm out and won't ever look back. Content is King but it must be the highest quality content out there or we're just another HHSE. Just go into any Walmart and look at the content in the movie bargain bins, it's all crap. We don't need to go that route and we certainly don't need to market it.
Ivan is supposed to be a well known player in the Hollywood circles. That's what they say anyway so lets see what he can do. I'm certain they must know, time is of the essence. So I suspect we'll get something soon but in the meantime expect 4K Studios to convert what we already have.
It's hard to imagine we aren't running on at least 6 cylinders by the time of the shm.
Turbo is exactly right, KEEP A CLOSE EYE ON THE OS but moreover we need to look for and or ask for guidance from NTEK with regard to their need for future dilution or lack there of. The uncertainty of that is, in my opinion, the single biggest factor holding us back. Making a strong public statement, and repeating it until it sinks in, against the need to raise the OS in any significant manner will provide investors with the confidence to pour money into this stock; Guaranteed!
Atlas1
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