The Movie Studio (OTC: MVES) today announced that it has successfully secured a 6,400-square-foot studio facility in the prestigious Ft. Lauderdale Galleria Mall to house the company’s vertically integrated business model. When complete, the location will include corporate management and systems administration offices, content creation, edit and voiceover suites, social media, location and product placement, production, talent and wardrobe departments, and OTT platform suites. The production area will encompass a 15×20 stage with projection backdrops, professional green screen, greenroom and set and equipment storage areas. “We are excited about securing our new studio facility in the beautiful Galleria Mall and are confident that our new location with class A optics and functionality will provide the company’s internal operations the ability to use the synergy of its internal operations and current and new strategic partners as we enter the launch phase of our exciting and disruptive business model in 2021,” said Gordon Scott Venters, MVES president and CEO. “The facility also provides us internal content manufacturing controls that should allow for more internal controls on content creation, marketing and distribution of content under The Movie Studio brand.”
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About The Movie Studio Inc.
The Movie Studio is a first-mover digital disruptor focused on the independent motion picture content sector. MVES operates as a vertically integrated motion picture production and distribution company and has currently launched its over-the-top (“OTT”) platform with a blockchain distribution mechanism for foreign licensing of content. The company is currently completing the launch of its app, with a free content ingestion option via advertiser video on demand (“AVOD”) and a “Be in Our Movies!” value proposition via subscription video on demand (“SVOD”), providing multiple revenue streams from the company’s owned, produced, licensed or aggregated content for worldwide consumption in video on demand, foreign sales, and on various media devices. The Movie Studio 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. The Movie Studio was founded in 1961 and is headquartered in Fort Lauderdale, Florida. For information about the company, please visit 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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