NEW YORK, Nov. 06, 2019 (GLOBE NEWSWIRE) -- via NetworkWire — Wonderfilm Media Corporation (TSXV: WNDR) (OTCQB: WDRFF) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company for private and public entities.
To view the full publication, titled “Entertainment Businesses Adopt New Approaches for Streaming Age,” visit: http://nnw.fm/YVur5
This month sees a dramatic moment in the growth of streaming services, with Apple and Disney each kicking off their own platforms. The market for streaming video on demand is now worth $36 billion per year, an extraordinary figure for such a young industry. As viewers shift away from the schedules of broadcast media to a format where they can watch what they want when they want, the $2 trillion media and entertainment industry is facing serious upheaval.
This period of upheaval has created opportunities not just for established players but for newer companies such as Wonderfilm Media Corporation (TSXV: WNDR) (OTC: WDRFF). Backed by four Hollywood producers with a billion dollars’ worth of movie revenues between them, Wonderfilm aims to use its collective expertise to tap into investment in streaming services, quickly financing and flexibly producing films for the streaming market.
About Wonderfilm Media Corporation
Wonderfilm is a leading publicly traded entertainment company with offices in Los Angeles and Vancouver. Wonderfilm’s main business is the production of high-quality feature films and episodic television. Global Content Creation leaders – the Wonderfilm team – has packaged, produced and delivered hundreds of profitable films with proven direct access to Academy Award Quality films and upside. For more information, visit the company’s website at www.Wonderfilm.com.
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge. For more information, please visit https://www.NetworkNewsWire.com.
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
Corporate Communications:
NetworkWire (NW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkWire.com