The Movie Studio (MVES) Seeks to Expand Footprint Within Burgeoning Online Streaming Sector
Oct 12, 2020
- Deloitte published report earlier this year looking into growth trends driving the global TMT industry
- Study found that consumers have embraced online streaming platforms in 2020, with average customer subscribing to three streaming platforms
- The Movie Studio has sought to capitalize on sector’s growth through launch of its own streaming platform as well as through purchase of content aggregator, BINGE Networks LLC
- Deloitte ultimately expects online streaming sector to consolidate, with only handful of platforms taking lion’s share of market
As the world progresses through what can only be described as a wildly tumultuous year, it is evident that trends, such as the avid use of online streaming platforms, have emerged – a movement which independent, Florida-based film studio The Movie Studio (OTC: MVES) has sought to capitalize upon through the launch of its own eponymous online streaming platform.
With subscriber numbers for online streaming platforms more than doubling on a year on year basis, global consultancy firm Deloitte set out to delve deeper into the drivers underpinning the sector’s growth, publishing an extensive report setting forth the company’s findings on the current state of the global technology, media and…
NOTE TO INVESTORS: The latest news and updates relating to MVES are available in the company’s newsroom at http://nnw.fm/MVES
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