- Wonderfilm
expects to generate $100 million in revenue by 2021, $20 million in
deferred revenue early next year
- Company
is backed by four Hollywood producers who produced over $1 billion dollars
of hit movie revenue
- 69% of
U.S. households now subscribe to streaming video services, up from 55% in
2017
- Entertainment
and media industry’s revenue to reach $2.4 trillion globally in 2022
Wonderfilm Media Corporation (TSX.V: WNDR) (OTCQB: WDRFF),
a leading entertainment company, is finding a lucrative market niche amid
rising demand for streaming services. The race to capture content streaming
consumers is a salient feature of entertainment, and the company has become
more attractive to investors than ever before as a new provider of quality
content.
Global demand for streaming content is at an unprecedented
high. Almost a fifth of respondents in a survey by Colling Media stated they
had canceled cable television, and 39% of consumers subscribed to streaming
services between June and July 2019 (http://ibn.fm/Nxvac). Roughly 69% of U.S. households now
subscribe to streaming video services, up from 55% in 2017. Consumers are
willing to spend more on content they want, which is an excellent opportunity
for companies like Wonderfilm.
Moreover, total global spending on entertainment and media
is expected to rise at a compound annual growth rate (CAGR) of 4.4% over the
next five years. The industry’s global revenue will reach $2.4 trillion in 2022
as a result, up from $1.9 trillion in 2017, a PwC report shows (http://ibn.fm/qb0Qk).
As streaming video on demand providers are investing in
existing and new content heavily and making efforts to attract major
filmmakers, Wonderfilm has an excellent opportunity to jump the bandwagon with
around 100 films streaming on Netflix platform. The company differentiates
itself by setting up each film as a single-purpose entity packaged for upfront
sale, thereby eliminating filmmaking risk (http://ibn.fm/hqSw3).
Wonderfilm’s joint venture Wonderfilm Global, an
international company distributing and selling film and TV, is expected to
generate substantial revenue as well. The company had relationships with
foreign buyers before launching the joint venture and being able to sell to
them directly was an important milestone.
The company has lucrative prospects for many reasons. Giants
like Google, Disney, Apple and Microsoft are competing with Netflix for
streaming service subscribers. Wonderfilm caters to great demand for quality
content and retains a continuing annual production slate of $58 million to meet
the constant and growing need for content worldwide.
The company has eight green-lit in-development features
representing $60 million in production budgets. These include Amityville
1974, in theatres October 2020, and the action film Inside Game with
Tyrese Gibson, in theatres sometime in the fall of 2020. The company is also
currently developing secured valuable IP rights.
Wonderfilm is backed by four Hollywood producers, who have
over $1 billion worth of hit movie revenues under their belts. The company
brings several leading industry executives with impressive track records of
individual success into a new wider business model. Based on this model, they
are capable of quickly financing and flexibly producing fresh slates of film
and TV content for U.S. and foreign markets.
Wonderfilm expects $20 million in deferred revenue early
this year and has positioned itself to realize $100 million in revenue by 2021.
On the stock market, it is undervalued by a factor of 23 with a market cap of
$5.2 million. It is a leading publicly traded entertainment company with
offices in Los Angeles and Vancouver.
For more information, visit the company’s website at www.Wonderfilm.com
NOTE TO INVESTORS: The latest news and updates
relating to WDRFF are available in the company’s newsroom at http://ibn.fm/WDRFF
About QualityStocks
QualityStocks is
committed to connecting subscribers with companies that have huge potential to
succeed in the short and long-term future. It is part of our mission statement
to help the investment community discover emerging companies that offer
excellent growth potential. We offer several ways for investors to learn more
about investing in these companies as well as find and evaluate them.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the
QualityStocks website applicable to all content provided by QS, wherever
published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment