In the last session, the stock closed up 147.06% to $0.0420. A total of 54.99M shares were traded during the session at a price ranging from $0.0150 to $0.0430.
In the motion picture content sector, The Movie Studio, Inc. is a first-mover digital disruptor. It has launched its OTT platform, a blockchain distribution mechanism, with a vertically integrated motion picture production and distribution company.
The company hasn’t reported any latest developments in the recent past. The company announced the last reported news was a strategic partnership and service agreement with VIVA Entertainment Group, Inc. (OTTV) on Nov 10, 2020, to align the two publicly traded companies’ assets and affiliations.
Specific performance covenants focus on potential cross-advertising between the parties’ OTT platforms, related applications, content licensing production, and distribution services.
Before this news, the Viva Entertainment Group, Inc. (OTC: OTTV) announced on June 16, 2020, that it had reached an agreement with the Combat Sports Group and Entertainment Pay Per View Giant Fight Tyme.
Fight Tyme is a streaming and OTT platform specializing in combat sports through its suite of apps available on virtually every web-connected device. VIVA and Fight Tyme have teamed up to expand their content offers, including live Boxing, MMA, Gaming, Esports, Music, and Concerts.