The Movie Studios (OTC: MVES), an independent motion picture production company located in Florida, leverages a strategic business model based on the purchase of legacy film libraries that have been upgraded to 4K resolution along with the re-monetization of new content on popular video on demand (“VOD”) streaming platforms. The company stands to benefit from the revaluation of its media library as film content and distribution rights becoming increasingly valuable as streaming platforms compete to attract viewers through the provision of unique licensed films and TV shows. A recent article discussing this reads, “The Movie Studio has been an avid purchaser of film libraries over the past decade. In 2015, the company purchased a 60% stake in the Seven Arts film library, which included films by top Hollywood stars such as John Goodman, Ving Rhames, Burt Reynolds and Tim Robbins (http://ibn.fm/QeR0E). The purchase was followed up by a subsequent acquisition in 2016, with The Movie Studio arriving at an agreement to acquire a 12 major motion picture library from the Arrowhead Target Fund, including films such as ‘Johnny Mnemonic’ starring Keanu Reeves, ‘Never Talk to Strangers’ featuring Antonio Banderas, and Clive Owens’ ‘I’ll Sleep when I’m Dead’ (http://ibn.fm/QbRvC).”
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About The Movie Studio Inc.
The Movie Studio is 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. The company is disrupting traditional media-content delivery systems with its digital business model of motion-picture distribution and intends direct server access of its content with geo-fractured territories for worldwide distribution. The company was formerly known as Destination Television Inc. and changed its name to The Movie Studio Inc. in November 2012. It is headquartered in Fort Lauderdale, Florida. 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://ibn.fm/MVES
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