Business
The Movie Studio Releases Corporate Overview
The Movie Studio Releases Corporate Overview.
About this update from The Movie Studio, Inc.
[{"type":"text","content":"\n FORT LAUDERDALE, Fla., May 28, 2020 (GLOBE NEWSWIRE) -- via NetworkWire – The Movie Studio, Inc. (OTC: MVES) (the “Company\"), a vertically integrated motion picture production and distribution company engaged in the acquisition, development, production and distribution of independent motion picture content for worldwide consumption with a particular focus on video on demand (VOD), foreign sales and various media devices, today releases its corporate overview from company President and CEO Gordon Scott Venters. Dear Shareholders, We hope you and your families are well as we all face these challenging times worldwide. During this global pandemic, the consumption of VOD content has significantly increased with the disruption of movie theater destinations and other forms of on-site entertainment, and we anticipate this trend will continue in the long term. The convenience of watching professionally produced entertainment wherever you are has become a well-established change in the new normal we find ourselves in. We are excited to share several major material events that have occurred as part of the expansion of our vertically integrated film production and distribution architecture utilizing over-the-top (OTT) distribution platforms and blockchain technology. We have recently integrated a platform that enables worldwide distribution of licensed movie content (a press release detailing this can be viewed here: http://nnw.fm/N7sTT). We also recently announced that The Movie Studio has licensed several films, including “Bad Actress” and “Exposure,” for distribution in  Australia (a press release detailing this can be viewed at http://nnw.fm/f4iNW). MVES has additionally signed an agreement with Filmhub for the licensing and distribution of motion pictures (view the full press release here: http://nnw.fm/gTU15). We further recently entered into a memorandum of understanding with BINGE Networks LLC, an award-winning streaming media platform, providing the ability to globally and instantly syndicate and monetize content for the streaming media industry (view the press release at http://nnw.fm/u0sGo). The Movie Studio has a number of promising entertainment projects in development with the potential to meet increased demand for high-quality entertainment. The Company also continues to sear...