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Fearless Films, Inc. (FERL) Selects First Film for Potential Purchase

Daniel Chase

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TORONTO, Oct. 31, 2019 /PRNewswire/ — Fearless Films, Inc. (FERL) (The Company) is pleased to announce that it has furthered discussions around its intent to acquire the rights to up to 12 movies from a library held by Victor Altomare, the President of Fearless Films Inc., the Company’s operating subsidiary. The Company has selected The Lunatic as the first film to be selected for appraisal and final negotiation.

The $40 Billion Dollar Content Gold Rush

The Lunatic premiered at the Montreal Film festival, won the bronze award in Houston and won the Gold award at the Yorkton, Saskatchewan festival. The movie starred Victor Altomare, Lazar, Jennifer Dale, and boxing great George Chuvalo. It was produced by Victor Altomare and directed by Robert Longo.

Fearless will engage an international accounting and advisory firm with a strong film industry practice to provide an independent valuation of the film, following which the company will enter into final negotiations on the purchase.

About Fearless Films, Inc.

Fearless Films, Inc. is an independent full-service production company founded by award-winning actor, producer Victor Altomare. Along with company favorite; award-winning writer, director Goran Kalezic, Fearless produces top quality entertainment with an edge. The service scope specializes in short film and feature film production in addition to script writing, copywriting, fulfillment and distribution.

Since its inception, Fearless Films has been on the map as a top independent producer winning accolades at most major film festivals and is known to have a keen eye for emerging talent.

Visit us at: www.fearlessent . com

The Company trades on the OTCQB tier of the OTC market. Investors can find Real-time quotes and market Information for the Company on: http://www. otcmarkets . com/

Forward Looking Statements

Certain statements contained in the press release above are forward-looking statements that involve risks and uncertainties. The statements contained herein that are not purely historical are 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. Forward-looking statements deal with the Company’s current plans, intentions, beliefs and expectations and statements of future economic performance. Forward-looking statements involve known and unknown risks and uncertainties that may cause the Company’s actual results in future periods to differ materially from what is currently anticipated. The Company cannot guarantee its future results, levels of activity, performance or achievements. The Company disclaims any obligation or intention to update any forward-looking statement.

Contacts: Fearless Films, Inc.
Dennis dos Santos, President & CEO – 416 665-7297
info.fearlessent @ gmail. com 

View original content:http://www.prnewswire.com/news-releases/fearless-films-inc-selects-first-film-for-potential-purchase-300949182.html

Pursuant to an agreement between Midam Ventures LLC and Fearless Films Inc. (FERL), Midam has been paid $94,980 by Fearless Films Inc. (FERL) for a period from October 1, 2019 to November 17, 2019. We may buy or sell additional shares of Fearless Films Inc. (FERL) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Fearless Films Inc. (FERL). Click Here For Full Disclaimer.

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Stocks To Buy Or Sell As Streaming Wars Heat Up, Disney (DIS)

Jon Phillip

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The launch of Walt Disney Co (NYSE:DIS)’s streaming service Disney Plus was the biggest event in the streaming industry this year. This formally launched ‘the streaming wars’. Reports show that right after the launch, the company garnered as many as 10 million sign-ups. However, it should be noted Disney also owns ESPN+ and Hulu.

Strong Growth

streaming wars netflix apple hulu disney

In its latest regulatory filing, the company revealed strong growth for both those services. The numbers could show that Disney Plus is here to stay. It could also show that the company may be on target to reach its goals with all other streaming offerings.

ESPN+ was the first streaming platform that was launched by Disney in 2018. It had managed to attract as many as 1 million subscribers in 6 months. In its latest regulatory filing for the period ended on September 28, the company revealed that it now has 3 million paying subscribers.

In the fourth-quarter conference call, Disney CEO Bob Iger stated that the service now has 3.5 million subscribers. The company is targeting 8 million to 12 million subscribers for ESPN+ by 2024.

M&A Finally Adding More Value

The acquisition of Fox made Disney the controller of Hulu. After reaching a deal with Comcast, the company assumed full control. Back in May, the company announced that Hulu had 26.8 million subscribers. In the latest regulatory filing, the company revealed that Hulu has 29 million subscribers.

With regard to Disney+, the company stated that it would reveal subscriber data in the quarterly earnings report. It also stated that it’s targeting a subscriber count in the 60 million to 90 million range globally by 2024. The three streaming services could set a pace to provide the company with high growth. Disney stated both ESPN+ and Hulu to be profitable by 2023, while Disney+ could be profitable a year later.

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Disney (DIS) Streaming Business is Getting 1 Million Subscribers a Day

Jon Phillip

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The so-called ‘streaming wars’ started in earnest this month with the launch of Apple TV+ but it well and truly took off on November 12 when Walt Disney Co (NYSE:DIS) launched its own streaming service Disney Plus. Since its launch, the service has proven to be hugely popular and within a few days, it had managed to garner as many as 10 million new sign-ups.

Big Numbers

 It has now been two weeks since Disney Plus was launched and reports suggest that as many as 1 million subscribers are flocking to the app every day. Apptopia, a research firm, has revealed the staggering details about the sort of success Disney Plus has had over the two weeks.

Since its launch, Disney Plus has been downloaded as many as 15.5 million times. However, it is important to point out that people are not only signing up for the free trial but actually paying the $6.99 monthly fee. Disney offers its service for a significantly lower fee than market leader Netflix.

It is also enormously rich when it comes to programming. In addition to content from Disney, it also features programming from hugely popular Disney owned media properties like Star Wars and Marvel.

More importantly, the service has already started generating revenues according to Apptopia. In the 13 days since the launch, customers have made app purchases to the tune of $5 million in total. An analyst at Wedbush spoke about the reasons behind the impressive performance of Disney Plus so far.

What’s Next For Streaming Stocks?

streaming wars 2019 stocks to watch

Wedbush’s analyst said, “This shows the company is gonna be a legit competitor to the likes of Netflix, despite the skeptics that continue to doubt the House of Mouse. The pricing, the content and the bundling was just a pure genius strategy from [Disney CEO Bob] Iger and Disney.”

At this point in time, the market leader Netflix boasts of 60 million paying subscribers in the United States and 97 million globally. In this regard, it should be noted that Disney Plus is yet to go big with its international expansion and when it does, a clearer picture could emerge. Analysts also said that Disney’s $12.99 a month offering that bundles Disney Plus, ESPN and Hulu is also showing strong demand.

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Is It Time To Buy Or Sell Netflix; Streaming Wars Heat Up

A. Lawrence

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Streaming Wars Continue To Expand But Is Netflix Still A Top Contender?

The streaming wars have commenced this month with the launch of Disney Plus and Apple TV+. Many more services are going to be launched over the coming months and the sole purpose of these services is to topple the biggest name in the streaming services, Netflix Inc (NASDAQ:NFLX). The streaming giant has had a hard time this year, due to disappointing subscriber growth.

Increased Competition

The emergence of competition at such a juncture has further made life difficult for the company. The stock is trading at its lowest point this year and it is interesting to figure out whether the Netflix stock is a buy.

One thing that needs to point out with regards to the stock is that some experts would call the current valuations a bit over the top. The stock is trading at 20 times the book value and 99 times its trailing earnings.

Moreover, some analysts also believe that competitors are definitely going to eat into subscriber growth to some extent as well. However, the company’s CEO Reed Hastings has a completely different view on the competition. That could challenge Netflix.

He has actually welcomed the competition. He also said that the emergence of so many streaming options is going to lead to even more cord-cutting. In other words, more customers are going to subscribe to streaming services and opt-out of satellite and cable. If that is the case then Netflix should continue to thrive even after the emergence of tough competition.

While there are legitimate reasons for the gloomy outlook from many analysts, it is also true that the very nature of consuming entertainment is changing. In the long run, could Netflix be able to grow?

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