Big Screen Entertainment Group Inc. (OTC:BSEG) Stock Gains Momentum
The streaming segment continues to be one of the more interesting segments of the wider entertainment industry, and one of the companies in the space that could be worth tracking is Big Screen Entertainment Group Inc. (OTC:BSEG).
On Wednesday, the company came into focus after it announced that it was going to expand its streaming plans through the release of two of its best-performing films on multiple platforms globally. The two films in question are ‘Singularity Principle’ and ‘Target Practice’. ‘Target Practice’ had earlier been a winner of the Action Film of the Year and had been described as ‘extremely tense’ and ‘intelligent’ by Variety.
The other film, ‘Singularity Principle’, is in the sci-fi genre and deals with experiments related to the parallel universe. Big Screen Entertainment Group revealed yesterday that it had also started development work on a television series spin-off of the film. The films had both delivered strong performances on the streaming platforms on which they had been made available.
That had led to re-licensing for expanding the distribution of both across multiple channels. The move from Big Screen Entertainment Group had been aimed at cashing in on the popularity of the two films with proven appeal and track records.
It would also put the company in a position to generate further growth in the streaming space. The move came about not too long after the company released the highly acclaimed mystery thriller film ‘The Mirror’ on multiple platforms. The Chief Executive Officer of Big Screen Entertainment Group, Kimberley Kates, spoke about the latest move as well.
She noted that the company boasted a number of distribution partnerships in the fast-growing streaming space. The latest moves were part of the wider strategy of the company to bring its best-performing titles to a larger audience.