Beverly Hills, California , Dec. 07, 2017 (GLOBE NEWSWIRE) -- Modern Cinema Group, Inc. (OTCPK: MOCI) is proud to
announce the completion of an interview series between economist John Blank and the Modern Cinema Group CEO, Ross Cooper.
The interview series is intended to take a deep dive into the workings of the new Media Exchange in order to
explain its inner workings and what it means to both producers and platform operators (such as streaming services, mobile carriers,
cable and satellite TV). This is an attempt to create enormous efficiencies within an industry that still operates as it did
fifty years ago. The new Media Exchange is primarily designed to finance motion picture productions and optionally license
them directly to the growing population of global video platform operators with most all of the processes performed on-line.
Says Ross Cooper, CEO of Modern Cinema Group, “In the early days we had trouble explaining the Media Exchange
model. We routinely sent 64-page documents to people who rarely made it past the first chapter. We then thought about
posting “frequently asked questions” on our web site, however there would be hundreds of questions and answers. The process
to wade through all the information would be burdensome as well. We ultimately decided on the interview format in a relaxed
environment where the questions are specific and detailed. Our interviewer then guides the discussion from one topic to
another. We’re hoping a large number of people read these interviews and then provide comments back to us so we can improve
the series in the future.”
The interview series is packed with information such as the background of the exchange, how things work, the
benefits to all parties, how contracts are designed to be “futures” (like commodities or currencies), and how contracts settle at
the end of a predetermined period delivering equity “backend” interest in motion pictures coupled with territorial license rights
to the buyers. Also mentioned is how money moves through the exchange and how all parties are paid.
Ross Cooper, CEO of Modern Cinema Group goes on to say, “I haven’t talked to a single person who doesn’t agree
this is a disruptive model in an industry that needs to become more efficient. The methods and processes are expected to help
producers start the production process on a much faster timetable. The Media Exchange is designed to not only attract
financing from traders and speculators, but to handle distribution processes and facilitate more successful P&A campaigns as
well. The efficiencies are expected to generate profits for projects that otherwise would have lost money or broken even at
best.”
The interviewer in the series is the economist John Blank who is the chief equity strategist for Zacks
Investment Management and frequent guest on networks such as CNBC where he routinely provides his expert opinions. Mr. Blank
asks penetrating questions about the exchange allowing Mr. Cooper to answer in ways that can be easily understood. This
format seems to work for those who are looking to better understand the model and how it can improve their business interests
either on the sell side (producers), buy side (global platform operators) or for speculators looking to trade movie “futures” as
they would currencies or other commodities.
The interview series can be found on the Modern Cinema Group web site as follows:
http://www.moderncinemagroup.com/category/interviews/
Modern Cinema Group based in Beverly Hills, founded in San Diego has spent the last three years
designing and patenting new business and technology models that allow both producers and distribution partners to integrate their
systems in such a way as to leverage each other’s natural advantages.
FORWARD LOOKING STATEMENT
This press release contains certain “forward‐looking” statements, as defined in the United States Private Securities Litigation
Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are
forward‐looking statements. The Company, through its management, makes forward‐looking public statements concerning it expected
future operations, performance and other developments. Such forward‐looking statements are necessarily estimates reflecting the
Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no factors
that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the
Company’s ability to develop operations, the Company’s ability to consummate and complete the acquisition, the Company’s access to
future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the
effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the
Company’s public announcements.
Source: Uptick Newswire
Modern Cinema Group Inc. Website: www.moderncinemagroup.com Tel: 310-881-5500 E-mail: ross@moderncinemagroup.com