Thursday, October 22, 2020

QualityStocksNewsBreaks – The Movie Studio Inc. (MVES) Announces Acquisition of IP Rights to ‘The Last Warhead’ Film

 The Movie Studio (OTC: MVES), a vertically integrated motion picture production and distribution company, has acquired the intellectual property rights to its third in-production movie. “The Last Warhead” will be included with casting opportunities offered to both viewers and subscribers through The Movie Studio’s “Be in Our Movies” vertical on the company’s over-the-top (“OTT”) platform and mobile app. When completed, the app will support casting auditions on all media devices for a monthly $2.99 fee. The “Be in Our Movies” option allows subscribers to submit videos of themselves once a month reading dialogue from one of the company’s in-development movies for consideration by producers. A planned promotional campaign for the app will include social media ad placement strategies aimed at relevant demographics and engagement of high-profile social media influencers. In addition to the “Be in Our Movies” component, the app will feature a split-screen graphic interface that allows users to access the app’s “Watch Our Movies” option for free in an advertiser video on demand (“AVOD”) capacity. “We are excited about acquiring the intellectual property for ‘The Last Warhead.’ The Movie Studio now owns three motion pictures, adding to the company’s assets and growing library of movies,” The Movie Studio CEO Gordon Scott Venters stated in the press release. “These in-production movies, when completed, will be integrated into our SVOD OTT platform and app. This will add to the company’s revenue streams to monetize shareholder equity.”

To view the full press release, visit https://ibn.fm/wlrDZ

About The Movie Studio Inc.

The Movie Studio is currently involved with launching its own OTT platform and app for integration of its own and aggregated substantial feature film projects, music videos, television shows and other intellectual properties. The Movie Studio operates as a vertically integrated motion picture production and distribution company. It acquires, develops, produces and distributes independent motion picture content for worldwide consumption via theatrical release, video on demand, foreign sales, and on various media devices. The Movie Studio is disrupting traditional media content delivery systems with its digital business model of motion picture distribution and intends direct server access of its content with geo-fractured territories for worldwide 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 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

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