The Movie Studio Inc. (MVES) Benefits as Film Libraries See Valuations Skyrocket
Film libraries have become increasingly valuable in recent years with hundreds of millions of dollars being paid for film assets over last 12 months The Movie Studio has sought to augment its film library through purchase of various motion picture films in last 5 years Increasingly, VOD platforms and cable tv channels are competing to license unique film, tv show assets in bid to increase subscriber base With movie assets commanding higher licensing fees and sale prices, MVES is poised to benefit from revaluation of its film library assets In late October 2019, Lakeshore Entertainment, a 25-year old independent film…