The Movie Studio (OTC: MVES), a vertically integrated
motion-picture production company, recently executed a memorandum of
understanding (“MOU”) to acquire BINGE Networks LLC. The company intends to
integrate the assets and infrastructure of BINGE Networks with its current over
the top (“OTT”) and distribution app. An article further discussing the MOU
reads, “An award-winning streaming media platform, BINGE Networks is a
recipient of the Most Innovative Media Content Monetizing & Streaming
Platform CV-Magazine-USA 2019 and New York 2019 Award Programming. Built into
more than 100 smart TV networks, the BINGE App provides the ability to globally
and instantly syndicate and monetize content through key strategic partnerships
throughout the streaming media industry. The company offers five core revenue
streams: streaming packages, subscription video on demand (‘SVOD’), advertiser
video on demand (‘AVOD’), transactional video on demand (‘TVOD’) and platform
syndication. . . . The Movie Studio is dedicated to establishing its own OTT
VOD platform, aimed to integrate its own feature film projects, television
programming and other media intellectual properties, as well as projects and
programming gathered from other sources. Based on this deliberate marketing
strategy, The Movie Studio plans to vertically integrate the assets and
infrastructure obtained from BINGE Networks with its current OTT and app for
distribution of MVES content and cross-pollination of the advertisers and
strategic partners.”
To view the full article, visit http://ibn.fm/HetAm
About the Movie Studio Inc.
The Movie Studio is a digital, disruptive, vertically
integrated, motion-picture production and distribution company focused on the
independent motion-picture sector with completed motion-picture and production
assets. The company acquires, develops, produces and distributes independent
motion-picture content for worldwide consumption focused on video on demand
(“VOD”) and foreign sales, as well as completing its own Over the Top (“OTT”)
platform with the Movie Studio App on Google Play and the App Store to be
distributed on various media devices. For more information, visit the company’s
website at www.TheMovieStudio.com.
NOTE TO INVESTORS: The latest news and updates
relating to MVES are available in the company’s newsroom at http://ibn.fm/MVES
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