- MVES set out to take advantage of booming global Video on Demand market
- Company disrupts traditional motion picture production and distribution
- Rapidly growing global VOD market projected to grow at 17% CAGR by 2024
The Movie Studio Inc. (OTC: MVES) is a vertically integrated motion picture production company focused on delivering video on demand (VOD) services leveraging a unique business model built to capitalize on the worldwide demand for online film content. MVES is providing subscription-based, over the top (OTT) services delivered through a wireless internet connection to the end user’s devices, such as smartphones, tablets and laptops.
Streaming wars between major Hollywood studios opened the door for smaller film-production companies such as MVES to emerge as major competitors. The Movie Studio’s growth approach is focused on the purchase of legacy film libraries upgraded to 4K resolution, along with the re-monetization of new content on popular VOD streaming platforms. MVES has successfully monetized film assets on platforms such as Amazon, Tubi tv, Comcast and Showtime.
As an optimized combination of content and pricing has proven crucial to acquiring and retaining the audience, MVES has developed a unique business model based on creating independent movies and distributing them on main subscription video on demand (SVOD) platforms without the costs of hiring stars, thus reducing capital expenditures while increasing production quality. Server-driven, geo-fractured worldwide VOD distribution allows The Movie Studio to control its stream-generated revenue across global territories.
In addition, The Movie Studio has launched a proprietary application – The Movie Studio App – which enables users to view film content and even become part of it. The app, available on Google Play and the App Store, offers a ‘Watch Our Movies, Be in Our Movies!’ feature, which allows users to upload their photos and submit an audition video for potential casting in upcoming feature films. MVES is currently in the production of two upcoming feature films: Cause & Effect, a Miami-style version of Fast & Furious, and Pegasus, an emotional family movie.
MVES couldn’t have made its entry on the worldwide stage at a better time. With increased internet proliferation and penetration of smart devices resulting in growing customer preference for online streaming services, the global VOD market is projected to grow from $38.9 billion in 2019 to $87.1 billion by 2024, at an impressive CAGR of 17.5% (http://nnw.fm/f26pM). The OTT segment, in which MVES operates, is expected to see the highest market share as it offers flexibility, convenience and personalization of the delivered film content.
Founded in 1961 and previously known as Destination Television Inc., The Moves Studio is championing innovative solutions in the most lucrative segment of the growing VOD global market, which is becoming an integral part of daily habits of viewers around the world. With its innovative content creation and distribution strategies, MVES is poised to disrupt the global film-delivery solutions and capitalize on a uniquely designed digital business model.
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://nnw.fm/MVES
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