There was PR today:
LAS VEGAS, NV -- (Marketwired) -- 11/08/16 -- Momentous Entertainment Group, Inc. ("Momentous") (OTC PINK: MMEG), a diversified media company with a focus on technology that creates, produces and distributes quality content across various media channels, announced today that it is in the process of acquiring content for a beta launch of its streaming site destined for integration into Poolworks Germany LTD, one of the largest social media companies in Germany .
In a news release issued last July, Momentous stated it would provide entertainment content to Poolworks' social media sites, StudiVZ and MeinVZ. The Company would deploy a Momentous online branded network with a full end-to-end OTT streaming solution and the service would be offered on an ad driven basis, a pay-per-view, and a recurring monthly subscription fee model.
It was also stated that Poolworks and Momentous Entertainment would share in the multiple revenue streams from advertising sales, transactional Video on Demand (VOD) and monthly subscription fees charged to Poolworks' members who choose to sign up for the Subscription Video On Demand (SVOD) service.
According to Momentous CEO, Kurt Neubauer , "Content is King. John Pepe, Jr. , Chief Operating Officer of Momentous, has been working tirelessly to set up superb content suitable for streaming on Poolworks' social media websites, thus creating recurring monthly revenue."
Mr. Pepe stated, "Our goal is to provide the right content combinations to attract member signups that will continuously renew their monthly subscriptions. Once the system is integrated and operational, Momentous Entertainment will offer additional video channels as they become available, providing more viewing options for the Poolworks subscriber base."
