NetworkNewsBreaks – The Movie Studio, Inc. (MVES
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The Movie Studio (OTC: MVES), today announced that it has executed an advertising channel agreement with eStreamTV, a provider of integrating programmatic advertising on television platforms. According to the update, the agreement will include revenue sharing and integration of eStreamTV into The Movie Studio’s new app, currently available in the Google Play Store and the Apple App Store as part of a soft launch, with full launch anticipated in early fall 2020. Initial application of the agreement will focus on advertiser insertion into The Movie Studio’s over the top (“OTT”) and app platform as the “foundation” of the Company’s advertiser video on demand (“AVOD”) component. “We are extremely excited about AVOD integration into the upcoming launch of our app and OTT platform,” Gordon Scott Venters, president and CEO of The Movie Studio, stated in the news release. “Upon completion, this could create a significant user subscription base as a ‘free’ movie ingestion platform and a unique brand and disruptor entering the exciting VOD space in the app OTT and smart TV universe.”
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