Hannover House Inc (HHSE)

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SEVEN (7) MOVIES/TV & SUBSIDIARIES


Recent news for Hannover House includes updates from the Cannes Film Festival and Market, news of current and upcoming productions, news of the U.S. Trademark approval for "MyFlix" and the addition of new MyFlix supplier studio partners. Current productions for the company include "WILDFIRE" and "COWBOYS OF CANNABIS" (now in final post), "LEGEND OF BELLE STARR" (now filming) and "MODERN ANTIQUITIES" (scheduled to shoot in November). These original productions provide operational funding for Hannover House, as well as enhance balance sheet asset value and titles for special MyFlix promotions.

(5th Paragraph)
https://www.accesswire.com/705935/Hannover-House-Releases-Timeline-for-SEC-Registration-Filings


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Income, assets and costs (if any) from these three subsidiaries are incorporated into the Company’s consolidated financial statements.

The business model for MyFlix is to consolidate feature films and television series programming owned by a wide range of studios and content owners, into a single destination digital streaming site.

The revenue model for MyFlix will be to pay third-party streaming and billing costs off the top and divide remaining revenues on a fifty-fifty basis between the program suppliers and with MyFlix.Consumers visiting the MyFlix website

(or accessing the service through mobile APPS or over-the-to devices such as Roku, AppleTV or hardware installed APPS) can purchase movies or TV episodes on a “per transaction basis” (ala Amazon) or alternatively, can open a monthly subscription with MyFlix for
unlimited access to approximately half of the programming otherwise available for per-transaction
access.

A third revenue model, inspired by the billion-plus dollar success of TUBITV.com, is to offer
programs to be viewed by consumers “for free” but with advertising commercial breaks (AVOD). As of
the date of this filing, forty-three program suppliers, collectively representing over 12,000 titles, had
agreed to participate in the MyFlix service, which would position the site as number two only to Amazon
in terms of total programming.

(Pages 7 & 8)
https://www.otcmarkets.com/otcapi/company/financial-report/333024/content