NetworkNewsBreaks - The Movie Studio Inc. (MVES) O
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Posted On: 06/12/2020 4:49:39 PM
NetworkNewsBreaks - The Movie Studio Inc. (MVES) Offers Consumers Alternative to Cable Amid Stay-at-Home Orders
The Movie Studio (OTC: MVES), a vertically integrated motion-picture production company, is benefiting along with the rest of the video on demand (“VoD”) industry as people are looking to social distance and stay at home. A recent article discussing the company reads, “As early as March 25, 2020, an article in ‘Forbes’ predicted that COVID-19 would create a 50% to 70% surge of internet use, with streaming jumping up by 12% (http://nnw.fm/0jYuv). With the combination of smart television, apps and more than 12,000 people cutting their cable cords every day, VoD is strategically positioned to explode, with one source noting that 1.6 million customers opted out of cable services in 2018, and, in 2019, that number more than tripled, passing 4.9 million (http://nnw.fm/oZA4p). . . . MVES is disrupting traditional media-content delivery systems with the intention to create a direct-server access platform of its own content for worldwide distribution. The company acquires, develops, produces and distributes independent motion pictures for worldwide consumption and is strategically aligned with distribution brands such as Amazon Prime, Showtime, MGM and others.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
The Movie Studio (OTC: MVES), a vertically integrated motion-picture production company, is benefiting along with the rest of the video on demand (“VoD”) industry as people are looking to social distance and stay at home. A recent article discussing the company reads, “As early as March 25, 2020, an article in ‘Forbes’ predicted that COVID-19 would create a 50% to 70% surge of internet use, with streaming jumping up by 12% (http://nnw.fm/0jYuv). With the combination of smart television, apps and more than 12,000 people cutting their cable cords every day, VoD is strategically positioned to explode, with one source noting that 1.6 million customers opted out of cable services in 2018, and, in 2019, that number more than tripled, passing 4.9 million (http://nnw.fm/oZA4p). . . . MVES is disrupting traditional media-content delivery systems with the intention to create a direct-server access platform of its own content for worldwide distribution. The company acquires, develops, produces and distributes independent motion pictures for worldwide consumption and is strategically aligned with distribution brands such as Amazon Prime, Showtime, MGM and others.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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