- Forecasts for VoD space range from $80 billion to more than $120 billion by 2025
- Video on demand becoming part of daily viewing habits for everyone, says Yahoo Finance
- MVES committed to changing the way independent motion pictures are made, distributed
With forecasts for the video on demand (“VoD”) market reaching anywhere from $80 billion (http://ibn.fm/ayjRx) to $120.91 billion (http://ibn.fm/jH9e7) by 2025, it seems clear that The Movie Studio (MVES) is in exactly the right place at the right time. The vertically integrated motion-picture production company is focused on acquiring, developing, producing and distributing independent motion-picture content for worldwide consumption via subscription and advertiser video on demand (“SVOD/AVOD”), over the top (“OTT”) platforms, foreign sales and various media devices.
A recent Yahoo Finance article reported that “video on demand is becoming a part of daily viewing habits for everyone as they can stream or download content from an online source or a traditional TV package” providing “better control over what to watch, how to watch and where to watch.” Summarizing an Infinium Global Research report, the article noted that “in 2018, there were 5.9 billion mobile subscriptions worldwide. This is set to touch 8 billion by 2025.”
The article attributed as least a portion of the spiking VoD numbers to the swiftly growing use of smartphones. “Currently, there are 5.11 billion unique mobile users in the world, which increased by 100 million from 2018,” the article states. “In addition, there were 4.39 billion internet users in 2019, with an increase of 366 million (9%) from January 2018. Countries such as China and India are at the forefront of driving the growth of mobile phones and also have the highest average monthly mobile data consumption per smartphone. Furthermore, the growing trend of binge-watching on Netflix, Prime Video, Hotstar, Eros Now, Viu, and other video streaming services among the youngsters are driving the growth of the VoD market.”
A Mordor Intelligence report noted that “VoD offers a wide array of video programs that include entertainment, films, sports, and educational programs. Although VoD was initially in demand for movie access, with the changing customer preferences boosting the demand for TV programs and other content, VoD service providers had to expand their offerings to other content programmers.”
Keenly aware of the vast potential in the VoD space, The Movie Studio is working to establish its own OTT VOD platform designed to integrate both its own and aggregated feature film projects, television programming and other media intellectual properties. The company’s growth-by-acquisition strategy includes purchasing legacy film libraries, upgrading acquired films to 4K resolution and remonetizing with “new” film content on popular VOD streaming platforms across the internet, strategic partnerships and media content alignment with other OTT platforms, and the production of its own micro-budget, motion-picture content.
Based in Florida, MVES continues to focus on changing the way independent motion pictures are made and distributed. For investors, the potential for significant ROI exists as the commercial VOD (video on demand) technology owned by the company is an efficient means of distribution. With the aim of increasing overall revenues for all parties in the motion picture production and distribution channels, the Movie Studio is disrupting traditional media content delivery systems with its digital business model of motion picture distribution.
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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