NetworkNewsBreaks – The Movie Studio Inc. (MVES)
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The Movie Studios (OTC: MVES), an independent motion-picture production company located in Florida, continues to make headway in the industry as consumer preferences continue to gravitate toward Video on Demand (“VOD”). The company recently announced integration of its unique revenue model with a new advertising channel agreement with eStreamTV, a provider of programmatic advertising on television platforms. By combining both advertisement-based and recurring revenue models, MVES’s disruptive technology and over-the-top (“OTT”) platform will enable it to break traditional boundaries and gain new ground lost by legacy motion picture pathways. A recent article discussing this quotes MVES president and CEO Gordon Scott Venters, who stated, “We are extremely excited about ‘AVOD’ integration into the upcoming launch of our app and OTT platform. 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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