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HHSE
Hannover House, Inc.
0.0083
-0.0012
-12.63%
0.0071 / 0.0075 (1 x 1)
Hannover House (OTC: HHSE) announced today that the company's new MyFlix streaming service had crossed the threshold of having more than ten-thousand titles fully mastered and on-boarded for the upcoming launch of the service. Of these titles, over 3,200 were independently mastered and formatted by Hannover House and MyFlix service providers, which offerings are supplemented by more than 7,000 titles already fully-formatted by MyFlix suppliers. The MyFlix service will offer consumers the opportunity to stream programming from more than forty separate studios and film rights libraries. The revenue models will include the streaming of titles on a per-transaction basis as well as via a "free" viewing basis (with advertising interuptions), and a non-advertising monthly subscription option.
"We are in the gold-rush days of streaming services," said Eric Parkinson, C.E.O. of Hannover House and MyFlix. "We believe our MyFlix model has successfully gleaned the best elements from Amazon, Netflix, Hulu and other services, and that consumers are likely to respond to the service very positively."
The launch of the MyFlix service and APP has been delayed several times due to mastering issues, COVID impact, competitive factors and the resolution of operational issues for Hannover House. But with these issues now resolved, Parkinson states that the MyFlix launch is now moving into the consumer marketing mode, to build awareness and demand.
