The Movie Studio $MVES Signs Deal to Enter China Movie Market

 

  • The Movie Studio is extending its global presence across China to offset declining US sales.

  • China is slated to outpace the US market in 2-3 years.

  • MVES is strategically positioned to take advantage of the Chinese growth story.

The global entertainment sector is expected to see a lot of action this year. Print New formats of delivery have dealt a blow to traditional cinema viewing. The domestic US market is also showing signs of saturation. Movie studios are now exploring new options to deal with such scenarios. One noticeable trend in the last few years has been the move of Hollywood studios towards the East, particularly China. Read more