Wonderfilm Media Corporation (TSX.V: WNDR) (OTCQB: WDRFF) Targets Profit Potential in Streaming Wars Content Crunch

(NetworkNewsWire via Comtex)

  • The Wonderfilm Media Corporation is an entertainment acquisition and production company with experienced Hollywood producers able to tap into the film industry's talent pool
  • The company utilizes a lean production model that emphasizes low upfront costs, quick recovery of early shooting fees and building profits late in a film's life cycle through delivery of a consumer-popular entry that exceeds revenue targets established with outside partners
  • Amid the ongoing streaming wars, the largest scripted entertainment entities are expected to continue looking for content to feed a hungry machine that currently demands an estimated $107 billion in content acquisition spending annually
  • Wonderfilm's indie-style approach to filmmaking targets the hungry media machine for a win-win result

When Discovery Inc. President and CEO David Zaslav launched into the new year by meeting with investors in a webcast session of the Citi 2020 Global TMT West Conference in Las Vegas, the non-scripted lifestyle media content giant's executive offered insights on the direction of consolidation and the streaming wars, arguing that consolidation of media outlets will ultimately winnow down the scripted content field but that existing streaming services will still continue to search for more content outside their own production offices.

"Every one of those bigger players doesn't have enough content, every one of them has come to us and said you have a huge library in women, a huge library in family, your content library itself is bigger than Netflix as a whole, we need more bulk, we need more great characters," Zaslav told the conference, adding that Discovery doesn't intend to farm out its...

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