Friday, June 12, 2020

QualityStocksNewsBreaks – The Movie Studio Inc. (MVES) Offers Consumers Alternative to Cable Amid Stay-at-Home Orders

The Movie Studio (OTC: MVES), a vertically integrated motion-picture production company, is benefiting along with the rest of the video on demand (“VoD”) industry as people are looking to social distance and stay at home. A recent article discussing the company reads, “As early as March 25, 2020, an article in ‘Forbes’ predicted that COVID-19 would create a 50% to 70% surge of internet use, with streaming jumping up by 12% (http://ibn.fm/5mLSp). With the combination of smart television, apps and more than 12,000 people cutting their cable cords every day, VoD is strategically positioned to explode, with one source noting that 1.6 million customers opted out of cable services in 2018, and, in 2019, that number more than tripled, passing 4.9 million (http://ibn.fm/Mz0Xy). . . . MVES is disrupting traditional media-content delivery systems with the intention to create a direct-server access platform of its own content for worldwide distribution. The company acquires, develops, produces and distributes independent motion pictures for worldwide consumption and is strategically aligned with distribution brands such as Amazon Prime, Showtime, MGM and others.”
To view the full article, visit http://ibn.fm/gR4nF
About The Movie Studio Inc.
The Movie Studio operates as a vertically integrated motion-picture production and distribution company. The company acquires, develops, produces and distributes independent motion-picture content for worldwide consumption via theatrical release, video on demand, foreign sales and various media devices. MVES is disrupting traditional media-content delivery systems with its digital business model of motion picture distribution. The company was formerly known as Destination Television Inc. and changed its name to The Movie Studio Inc. in November 2012. The Movie Studio Inc. was founded in 1961 and is headquartered in Fort Lauderdale, Florida. 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
About QualityStocksNewsBreaks
QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. 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.
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