The Paramount Pictures and NanoTech Entertainment, Inc. (OTCMKTS:NTEK) have decided to sign a licensing agreement to offer G.I. JOE: RETALIATION on the UltraFlix 4K Streaming Network. NanoTech is a leading service provider when it comes to offering Ultra HD experience to consumers. As per the reports, this step is expected to generate huge revenues and bring new customers on board. The shares of NanoTech are trading at $0.0128, 5.19% down from its previous day’s close.
Insights On The Matter:
The latest offering of G.I. Joe franchise, G.I. JOE: RETALIATION was a massive hit across the globe and made $375 million worldwide. As per the reports, NanoTech and Paramount Pictures feel that users will like to watch this movie on the Ultra HD network of NanoTech. It will not only revive their old memories with this movie, but also give them more thrill and excitement than what they had in the first time.
The movie is set to hit the UltraFlix 4K Streaming Network of the company in the first half of April. G.I. JOE: RETALIATION earned more revenues than all the previous movies of G.I. JOE franchise earned collectively. It could happen due to the presence of some of the most sought after Hollywood stars like Bruce Willis, Dwayne Johnson, D.J. Cotrona, Adrianne Palicki and Jonathan Pryce.
The movie was jam-packed with unbelievable stunts, action scenes, and picky lines. UltraFlix has also announced that it would make available numerous other movies in crystal-clear 4K content. The company seeks to cover every possible category in TV space such as-
Sci-Fi, Comedy, action/thriller, drama, family movies, sports videos, TV shows, concerts, and special events to ensure that users have a paramount experience.
It also offers free content of over 100 hours to get hold of the customers. The management of the company feels that this step will strengthen its stock market performance in the coming days.