NetworkNewsBreaks – The Movie Studio Inc. (MVES)
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The Movie Studios (OTC: MVES), a vertically integrated motion-picture production and distribution company, is looking to be a major player in the growing streaming market. A recent CompariTech article highlighted opportunity for content providers like MVES, reporting that a growing number of viewers around the world were looking to online streaming as a preferred option for viewing shows, movies, sports and more (https://nnw.fm/QlA6k). The trend is immune to and even bolstered by the global pandemic, as streaming sites are among the businesses seeing upticks in sales as people spend more time at home. The piece noted the importance of content, cost and ease as important attributes for users when selecting a streaming service. A recent article discussing this reads, “Aware of these key factors, the Movie Studio is strategically moving forward in the sector. The company is expanding its content by purchasing legacy film libraries — and then upgrading the acquired films to 4K resolution and remonetizing with ‘new’ film content on popular VOD streaming platforms. In addition, the company is currently in production of three original-content films: ‘Cause and Effect,’ ‘The Last Warhead’ and ‘Pegasus.’”
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