VODWiz Key Bullet Points Compilation Of Key
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Compilation Of Key Bullet Points For VODWiz.com
Over a year ago Hannover House (HHSE) introduced the news and concept of VODWiz.com. Below is a compilation of key bullet points of the visions and concepts for VODWiz.com. It is yet to be determined whether some or all of these ideas will be utilized in the final product.
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* VODWiz website
* Internet Protocol Television (IPTV) channel
* NTEK is handling the technical and operational infrastructure for both streaming outlets
* Hannover House acquiring and accumulating programming (both from HHSE library as well as from a long-list of supplier partners and studios)
* Revenue Split Agreement betwwen HHSE / NTEK
* Provide an accessible portal to stream movies over the internet directly to consumers (similar to Netflix and iTunes)
* Unique angle of offering a far broader selection of titles and better pricing on a per-film basis
* Currently only the highest-profile theatrical hits are readily accessible for consumers to stream
* Consumers looking for harder-to-find, independent gems for streaming
* Pioneering a transaction price of only $1 per film for selected titles.
* Combines elements of the pricing strategy of Redbox, with the broad selection of Amazon.com
* Major streaming portals that currently dominate the market are focusing almost exclusively on major studio theatrical hits and premium streaming prices in the $2.99 to $6.99 per transaction range.
* Available on a variety of platforms at including Roku, iPhone, iPad, Android, PC and MAC
* Movies ranging from Drama to Family films.
* A "beta" site has already been published for testing
* Plans to expand to more than 2,500 titles
* VODWiz is built on the NanoTech Media NanoFlix platform
* All movies include detailed descriptions and free previews
* Access no matter where consumers are located or what device they are streaming to.
* Mobile device streaming
* Forecast to be a multi-billion dollar market within the next three years
* Wide assortment of independent features at affordable “per-transaction” pricing
* Considering an optional subscription model
* Considering including major studio releases (at a higher “streaming” transaction price), in order to maximize traffic and consumer receptivity to the site.
* The business model would pay an off-the-top “overhead” fee from each transaction
* Remaining proceeds split on a 50-50 basis between VODwiz and the program supplier / rights owner.
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