Arowana Media Holdings, Inc. is an IP Acquisitions and Development Company with a focused plan to build a diverse portfolio of IP to be produced and exploited in the entertainment marketplace via its flagship subsidiary, Mike the Pike Entertainment, LLC, which will acquire, incubate and develop IP which can then be used to complement horizontally integrated subsidiaries focused in Film/Television/Streaming, Publishing, Software/Gaming, esports, Virtual and Augmented Reality, Artificial Intelligence, and Blockchain/NFT opportunities.
Arowana’s Mike the Pike Entertainment believes that the current aggressive content creation and acquisition trend by Studios, Networks and New Media Outlets has only just begun, cultivating a powerful market for Producers who control marketable IP. Our investors have the benefit of enjoying participation in the exciting world of film and television development while hedging risk over a portfolio of projects based on legacy intellectual property with established fan bases.
Mike the Pike Entertainment intends to source, acquire, develop and license or sell IP, and projects based on IP, to major broadcast networks, cable television stations and streaming outlets such as Netflix, Amazon, Apple+, Disney+, Hulu, Paramount+, and Peacock to name a few. The Company currently has ownership and/or participation in film/tv rights to a number of properties currently, including Vampirella, Children of the Night, and others soon to be announced!
Arowana Media Holdings researches, identifies, acquires, develops, and/or packages properties with mass appeal or viable niche resonance. This provides investors the opportunity to participate in the exciting world of filmed entertainment. Our model offsets production costs to the studios/financiers in which we partner for production and distribution.
With people staying at home, over-the-top (OTT) video has seen global revenue surge by 26.0% in 2020. And it will keep rising strongly in the coming years, almost doubling in size from US$46.4bn in 2019 to US$86.8bn in 2024. The launch of the Disney+ streaming service in late 2019 could hardly have been better timed: having projected between 60mn and 90mn paying subscribers by 2024, Disney+ reached 60.5mn in early August 2020. Not surprisingly given the rise of streaming, global data consumption is another beneficiary of the digital acceleration powered by COVID-19. It will jump by 33.8% in 2020, and will more than double from 1.9 quadrillion megabytes (MB) in 2019 to 4.9 quadrillion MB in 2024.
Despite the inevitable downturn, there is a tremendous opportunity for content creators, producers and owners of media intellectual property rights We believe that significant opportunities lie ahead for us to exploit these trends toward newer media outlets which will include HBOMax, Disney+, Peacock, Apple TV+, Netflix, Amazon, Hulu, and others, in addition to traditional media outlets.
“Today’s new hyper-competitive streaming-lead world of M&E is definitely the “good old days” for creators, artists, producers and owners of content.”
“This M&E content and IP acquisition game is no longer only available to deep-pocketed buyers. Now all consumers – not just corporate giants – can own a piece of the action. Due to recent major SEC rule changes, consumers like me and you can now take an ownership stake in a movie, show, artist or song of our liking.” – Peter Csathy, Forbes