- MVES
recently signed an agreement with FILMHUB
- This
agreement allows the Movie Studio to license FILMHUB’s catalog for viewing
soon on company app
- The
Movie Studio is growing strategic partnerships throughout streaming media,
movie industry to be released on proprietary Over the Top (OTT) Video on
Demand (VOD) platform
The Movie Studio Inc. (OTC: MVES), a vertically integrated
motion-picture production company based in Fort Lauderdale, Florida, recently
signed an agreement with FILMHUB for the licensing and distribution of motion
pictures (http://ibn.fm/LLdvn).
In addition, the Movie Studio will license its catalog to FILMHUB for
distribution by way of its online film marketplace.
“We are excited to begin to offer hundreds of titles on our
OTT platform in addition to licensing our titles to FILMHUB and its associated
OTT partners,” MVES studio president and CEO Gordon Scott Venters stated in a
news release. “As we continue to grow shareholder equity by acquisition and
strategic partnerships, we believe FILMHUB is a perfect partner for continued
growth. We look forward to a long and mutually profitable and beneficial
partnership.”
FILMHUB of Santa Monica, California, has its modern,
technology-driven B2B (business to business) marketplace for filmmakers to
reach streaming channels worldwide. FILMHUB has more than 12,000 titles
available for licensing to more than 100 channels.
The Movie Studio App is a subscription, advertising-based
(SVOD & AVOD) online streaming platform that features the Movie Studio’s
library as well as other licensed content. Therefore, the Movie Studio’s
agreement with FILMHUB is noteworthy because, with this agreement, MVES will
license FILMHUB’s catalog for viewing on the app. FILMHUB’s platform takes the
whole film distribution process online and adds smart data layers for
discovery, automated asset fulfillment and payment processing.
Complementary to the Movie Studio’s acquisition,
development, production and distribution of independent motion picture content,
MVES is also establishing its own OTT VOD platform. The exclusive offering will
consist of its own content along with aggregated feature films television
programming and other media intellectual properties (IPs).
The Movie Studio’s growth-by-acquisition strategy includes
purchasing legacy film libraries and controlling its revenue streams via
server-driven, geo-fracturing worldwide territories and its own OTT platform.
The company’s strategy also includes upgrading acquired films to 4K resolution
and re-monetizing with “new” film content on popular VOD streaming platforms
across the internet. Moreover, MVES’s strategy includes strategic partnerships
and media content alignment with other OTT platforms and
cross-collateralization of leverageable media assets for global distribution as
well as producing microbudget motion picture content with considerable production
value.
The expectation is that the worldwide video-streaming market
size will reach $184.3 billion by 2027 and register a CAGR (compound annual
growth rate) of 20.4% from 2020 to 2027. Increasing usage of videos in
corporate training and in the education sector is expected to propel the
market. The OTT segment held the largest revenue share and is expected to grow
at the fastest pace over the forecast period (http://ibn.fm/mSomy).
The Movie Studio concentrates on acquiring, developing,
producing and distributing independent motion picture content for global
consumption through subscription and advertiser video on demand (SVOD/AVOD),
over the top (OTT) platforms, foreign sales and various media devices.
MVES continues to focus on changing the way independent
motion pictures are made and distributed. For investors, the potential for
significant ROI exists as the commercial VOD (video on demand) technology owned
by the company is an efficient means of distribution. With the aim of
increasing overall revenues for all parties in the motion picture production
and distribution channels, the Movie Studio is disrupting traditional media
content delivery systems with its digital business model of motion picture
distribution.
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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