Business
The Movie Studio, Inc. Executes 5 Year Content License and Revenue Participation Agreement With Lotus Research, Inc. for Vū-Mē White Label Movie Studio On-Line App Platform
The Movie Studio, Inc. Executes 5 Year Content License and Revenue Participation Agreement With Lotus Research, Inc. for Vū-Mē White Label Movie Studio On-Line App Platform.
About this update from The Movie Studio, Inc.
[{"type":"text","content":"\n\n HALLANDALE BEACH, Fla., Oct. 19, 2017 (GLOBE NEWSWIRE) -- The Movie Studio, Inc. (OTC:MVES) (the \"Company\") www.TheMovieStudio.com is a vertically integrated motion picture production and distribution company motion pictures, production and distribution assets.\n The Movie Studio is pleased to announce that it has successfully negotiated a content license and revenue participation agreement with Lotus Research, Inc. for the Vū-Mē on-line content aggregation and application platform. The Movie Studio and Vū-Mē App Platform intend to implement an on-line platform and dashboard for “The Movie Studio” with a subscription based credit card interface to access The Movie Studio library and “New Releases” of owned and licensed content available for Video on Demand (VOD) to monetize the content including a back end “bank” In addition to the VOD Platform, The Movie Studio intends to integrate in the acquisition of Emerging Pictures and all of its assets, including its proprietary intellectual property, which includes an innovative technology for a Commercial VOD (Video on Demand) digital delivery platform presently deployed in over 130 theaters, as well as digital distribution rights to potentially many hundreds of films. The technology can also be used to gauge consumer demand as well as provide advanced data analytics to match and deliver content. This enables providers and exhibitors to be more effective and advanced in their distribution tactics and have greater direct contact and feedback from their audiences. The network of over 130 theaters in which the VOD hardware is presently deployed spans 36 states in the U.S.  “With many competing apps available to consumers, Lotus Research opted to leap ahead of the technology wave with several important features,” noted Leo Pimentel.  These features include: (1) low latency across WiFi and cellular networks; (2) 4K and HD streaming and playback; (3) a proprietary compression algorithm; (4) rapid share-ability across social networking sites and communication channels; (5) machine-learning algorithms to refine and enhance search and content relevance; and (6) effective content tracking across all platforms on and off Vū-Mē for robust and accurate reporting and metrics gathering. Leo Piment...