The Movie Studio $MVES – Hollywood’s Newest Brand – Expands Market to China

The global entertainment sector is expected to see a lot of action this year. 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.

The Movie Studio Inc. (OTC PINK: MVES) grabbed a slice of the growing China market as it recently announced its new distribution deal with Wing Sight International Media of Beijing. The deal was carried out through Cinema Arts Entertainment and became effective on January 1, 2017 with an initial term of 5 years. Read more