While big streaming companies battle it out for supremacy, the real winners of an epic battled dubbed the “streaming wars” may have already emerged: the production companies that stand to profit in a big way from the exploding demand for SVoD content.
As digital streaming steadily eclipses all other forms of in-home entertainment delivery, an entertainment war has erupted among leading subscription video on demand (SVoD) providers. These streaming wars have opened the gate for newer production companies to step up and cash in by funneling fresh content to hungry SVoDs. The battle has already resulted in some big winners, including film-production companies, such as Wonderfilm Media Corporation (TSX.V: WNDR) (OTCQB: WDRFF) (WDRFF profile), that are lining up to satisfy the voracious content appetite of these SVoD giants. As on-demand media streaming continues to rival — and in some cases supplant — every other form of entertainment delivery, major streaming service providers such as Apple Inc. (NASDAQ: AAPL), Netflix Inc. (NASDAQ: NFLX), The Walt Disney Company (NYSE: DIS) and Amazon.com Inc. (NASDAQ: AMZN) are also duking it out for dominance.
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About Wonderfilm Media Corp.
Wonderfilm currently has 13 films in or going into production with six scheduled to be delivered in the first quarter of 2020 as well as many significant movies and TV series in the development queue. Most notable among the $60 million total of green-lit features are the horror film “Amityville 1974,” in theatres October 2020, and the action film “Inside Game,” starring Tyrese Gibson, hitting theatres in fall 2020. The company is also currently developing secured valuable IP rights including the Steve McQueen story and the book adaptation, “Merchant of Death.” The Wonderfilm core producing team of Kirk Shaw, Shaun Redick and Dan Grodnik are busy broadening and burnishing the Wonderfilm brand by raising the profile of its films across the industry, attracting A-list stars to its productions and widening its theatrical releases. Wonderfilm is a leading, publicly traded (TSX Venture Exchange and OTCQB) entertainment company with offices in Beverly Hills, California; Vancouver, British Columbia; and Seoul. Wonderfilm’s main business is the production of high-quality feature films and episodic television that offer international appeal through the company’s guiding philosophy of bringing new financing solutions to an entertainment industry increasingly looking for funding and co-production alternatives. Wonderfilm is a producer and distributor only for the projects disclosed. The legal ownership of movie productions is held in a special-purpose legal entity held at arm’s length to the company to facilitate the qualification of various levels of domestic and foreign-government, tax-credit incentives that are customary in the film and production business. For more information, visit the company’s website at www.Wonderfilm.com.
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