Good to see they are finally increasing their prices to support a real revenue base
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Source: Moovly Media Inc.
VANCOUVER, British Columbia, Nov. 21, 2017 (GLOBE NEWSWIRE) -- Moovly Media Inc. (TSX VENTURE:MVY) (OTC:MVVYF) (FRANKFURT:0PV2) ("Moovly" or the "Company") is pleased to announce that, as a result of the swift adoption of its Studio editor, the Company is ahead of schedule, moving to its next monetization step, a new subscription pricing model.
When launched in April 2017, Moovly Studio editor’s early adopters were offered preferred pricing. Moovly’s value proposition has grown dramatically since then, adding over 150 million Shutterstock assets, as well as hundreds of features to its Studio editor.
As such, Moovly is now in a strong competitive and strategic position to move to a new subscription pricing, which will take effect at 00:00 PST on November 28th, and include:
- Monthly: US$49.99 per month;
- Yearly: US$299.99 per year; and
- Enterprise: US$1,500 per year, including 5 Yearly subscriptions and additional features and content, unique for Enterprise users.
Brendon Grunewald, co-founder and CEO of Moovly commented, “We are extremely proud to make this transition. The decision to launch early and have our clients work with us to develop a world class product has proven to be a good decision. Not only have we built the most advanced video editor online, we have built a committed and dedicated community of users. The new pricing better reflects our leading position in the market and is based on months of research and feedback from important partners and industry experts.”