NetworkNewsBreaks – The Movie Studio Inc. (MVES)
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Vertically integrated motion-picture production company The Movie Studio (OTC: MVES) is employing a unique business model to take aim at the booming video on demand (“VoD”) market, specifically targeting the over the top (“OTT”) services segment. A recent article discussing the company reads, “MVES couldn’t have made its entry on the worldwide stage at a better time. With increased internet proliferation and penetration of smart devices resulting in growing customer preference for online streaming services, the global VOD market is projected to grow from $38.9 billion in 2019 to $87.1 billion by 2024, at an impressive CAGR of 17.5% (http://nnw.fm/f26pM). The OTT segment, in which MVES operates, is expected to see the highest market share as it offers flexibility, convenience and personalization of the delivered film content.”
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