- Wonderfilm Media is backed by four Hollywood producers with $1 billion worth of movie revenues between them
- Wonderfilm’s producing team is attending American Film Market to pre-sell intellectual properties for the company’s expanding slate of movies and television/streaming series and potentially solidify new projects
- With a $58 million total budget and 17 productions greenlit, Wonderfilm’s low-risk approach to content production results in predictable and consistent revenue streams
Wonderfilm Media Corporation (TSX.V: WNDR) (OTCQB: WDRFF), a publicly traded entertainment company, with offices in Los Angeles and Vancouver, has developed a risk-averse production process that provides forecastable and consistent revenues. This innovative approach assures that Wonderfilm productions are structured to start generating a return to the company as soon as the camera starts rolling.
Soaring demand for content from streaming providers is fueling industry growth with established media giants in an all-out sprint to dominate some very lucrative revenue streams, a Bloomberg article states (http://nnw.fm/Ch98D). One segment of this industry, the global video on demand market, was valued at $28.9 billion in 2017 and is expected to reach $89.3 billion by 2026 at a compound annual growth rate of 15.4 percent during the forecast period, according to a research report (http://nnw.fm/tT8IO).
“The content creation opportunities in the market today are akin to a new gold rush. After 30 years in this business, I have never been more excited to be a movie and TV content producer,” Wonderfilm CEO Kirk Shaw, a prolific filmmaker with 230 films and seven TV shows to his credit, tweeted (http://nnw.fm/Hu8kc).
Wonderfilm currently has 17 films greenlit with combined budgets totaling $58 million. Wonderfilm production stars include: John Travolta, Nicolas Cage, Guy Pearce, Ryan Phillippe and Anne Heche, to name a few. Some of the company’s most notable greenlit projects include the horror film ‘Amityville 1974’, slated for theatrical release in October 2020, and the action film ‘Inside Game’ starring Tyrese Gibson, which will be released to theaters in fall 2020.
Wonderfilm has discussed plans to launch its own streaming channel (http://nnw.fm/y0ldX), but for now the company is focused on creating films for other distributors, both cinematic and online. Once the company secures a script and signs an A-list star, Wonderfilm pre-sells the film before shooting starts. Whether the project is sold to a streaming service or a cinematic distributor, this approach eliminates distribution risks. Not only does this secure much of the finance needed to make a film happen, it also ensures that the project will reach its audience (http://nnw.fm/1Yc9y).
Wonderfilm’s combined producer team of Kirk Shaw, Shaun Redick, Yvette Yates, Dan Grodnik, Bret Saxon and Jeff Bowler, is attending this year’s American Film Market (“AFM”) in Santa Monica, California – a first for the company and a perfect opportunity to implement the company’s business strategy, Shaw stated in a news release
“Getting ready for the American Film Market in Santa Monica is a busy time of year for all of us,” Shaw stated in a news release. “Shaun, Yvette and Dan have been preparing their AFM game plans for several months, while Bret and Jeff have been equally busy lining up strategic meetings with potential new production and distribution partners. It’s exciting for the Team, as well, since this is the first AFM the entire group is attending together to implement interconnected strategies that target different aspects of the film and television market – including pre-selling movies. AFM almost never disappoints, so in the weeks and months ahead, we expect to be able to announce new Wonderfilm movies and series achieved directly from participation in AFM 2019.”
For more information, visit the company’s website at www.Wonderfilm.com
NOTE TO INVESTORS: The latest news and updates relating to WDRFF are available in the company’s newsroom at http://nnw.fm/WDRFF
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