News - May 11, 2022
Fireside Chat with Matthew Mancinelli
Moderator: Media Mogul Meow
ORANGE COUNTY, CA – May 11, 2022 – Join us for a fireside chat with 4KUniverse Studio Head Matthew Mancinelli. Moderated by Media Mogul Meow, Studio Head of a rival Hollywood movie studio.
Media Mogul Meow
Are we recording? OK. Matthew, would you like a cigar?
Matthew Mancinelli
Yeah, that would be great, thank you. Do you have a cutter?
Media Mogul Meow
*Cuts his cigar* Here you go.
Matthew Mancinelli
How was the drive over here?
Media Mogul Meow
Bumpah-to-bumpah traffic on the 405.
Matthew Mancinelli
Well, thank you for hosting it here.
Media Mogul Meow
Alright, first off. Welcome to the club.
Matthew Mancinelli
It's an honor and a privilege.
Media Mogul Meow
There's like under 10 of us.
Matthew Mancinelli
Is that so?
Media Mogul Meow
Yea, you got Chapek (61), Sarandos (57), Zaslav (62), Vinciquerra (67),
Feltheimer (70), Bakish (58), Langley (54), Hopkins (52) and me (65). And now Mancinelli (38).
Matthew Mancinelli
Wow, I'm in great company.
Media Mogul Meow
Oh, and perhaps Van Amburg and Erlicht over at Apple TV+
Matthew Mancinelli
One of them hung up on me once. Forget which guy.
Media Mogul Meow
Ouch.
Matthew Mancinelli
Yea.
Media Mogul Meow
How's the cigar?
Matthew Mancinelli
It's hitting the spot.
Media Mogul Meow
What is the state of entertainment & Hollywood as a business?
Matthew Mancinelli
It's frothy. Things are percolating.
Media Mogul Meow
Can you be more specific?
Matthew Mancinelli
Well, I think people are starting to wake up. The dust is settling from the pandemic, families are still struggling, and enough is enough. Families want to go to the movie theater and treat it as an event. An outing. Couples want to work from home and stream movies at their leisure, because it's cheaper and more convenient. So to answer your question, Hollywood took a beating, PVOD saved us.
Media Mogul Meow
PVOD stands for Premium Video on Demand.
Matthew Mancinelli
Yea, like Disney + with Premier Access charging you $30 on top of your normal monthly subscription fee.
Media Mogul Meow
Don't you guys have your own PVOD?
Matthew Mancinelli
Yea, it's called Chief of Staff Access. What makes it unique is that it's an NFT card on the blockchain and only 10,000 worldwide exist. And one of the cool brand-building things is that the only way to watch Rated R movies on 4KUniverse is with Chief of Staff Access. Over 10, 20 years we'll build it out like Amazon Prime.
Media Mogul Meow
But 4KUniverse is family entertainment, right?
Matthew Mancinelli
That's correct. Picture like if Disney had a sub brand for Disney rated R movies. Wouldn't that be fun?
Media Mogul Meow
Like the Little Mermaid doing some funky stuff?
Matthew Mancinelli
You said it not me
Media Mogul Meow
Won't there be brand confusion?
Matthew Mancinelli
No. It'll be very clean cut. A clear separation, a separate subscription, a separate line, etc. It's like ordering off the secret menu at In-N-Out Burger animal style.
Media Mogul Meow
What's your favorite movie or movies?
Matthew Mancinelli
The Deer Hunter and Tim Burton's Batman. What's yours?
Media Mogul Meow
The Godfather Part 1
Matthew Mancinelli
A classic.
Media Mogul Meow
Wait a second. How does that make sense? So only 10,000 people can enjoy a new theatrically released Rated R 4K resolution movie on 4KUniverse's streaming service? That's laughable.
Matthew Mancinelli
Therein lies the value. Access is capped to 10,000 people at one time, so there's a limited supply = the inherit value of the Chief of Staff Access card will increase on the secondary market. And quickly.
Media Mogul Meow
Matthew, you just blew my mind. Holy cow.
Matthew Mancinelli
Yea.
Media Mogul Meow
Woah.
Matthew Mancinelli
Haha yup.
/ Intermission \