Netflix started in a vault of an old bank building when it was founded and has completely changed their business plan to evolve. Netflix has 5000+/- movie choices Vodwiz will has 1500+/- ready to go as soon as Nanotech gives studios the okay to start sending content to them following NTEK's beta testing currently underway. Nanotech just brought on Mitch Lowe former Netflix founder and Red box president as the head of their content advisory board. NTEK has also initially pumped 500k into this beast which is why HHSE chose to partner w them.
In order to compete with Netflix we arent very far off. The big difference is that Netflix pays big bucks for exclusitivity killing their margins. Vodwiz will gather any non exclusive film on the market.
Vodwiz will have a library large enough to draw some big revenues and possibly a buyout in the 50-100 million range based on what other online streamers like Crackle sold for to Sony a few years back. Not bad considering all in the investment in Vodwiz will be between 500k - 2 million to launch.
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