MVES has developed an impressive list of films, stars, and distribution agreements but what really makes Penny Stock Profiles so incredibly excited about this company is what appears to be coming next.
MVES recently acquired Emerging Media Corporation and EMC’s Commercial Grade Video on Demand Network. This proprietary B2B Video on Demand (VOD) technology allows MVES to stream films directly to theaters much like Netflix, Amazon Prime and Hulu do for in-home audiences.
To date, the distribution network has been installed at theaters spanning 35 states and boast a library of approximately 1,800 film titles. It is vital in the industry because it provides seamless point-to-point digital distribution and lowers costs across the whole distribution network.
The Acquisition includes a BigData Analytics to gauge consumer demand as well as match and deliver content for audiences (suggested videos or trending videos for example). This enables providers and exhibitors to be more effective and advanced in their distribution tactics and have greater direct contact and feedback from their audiences.
BigData is the most important aspect of the VOD platform because the data can enrich the customer experience. BigData, suggestion, and prediction technology are used in Youtube, Netflix, Amazon, and others so that next word predictions narrow down the search saving time for the customer. Predictive text is vital for customer retention and revenue stream as the data can be shared with the Company partners.