Can MovieBloc (MBL) make money from film and NFTs?
MovieBloc claims filmmakers could receive 70% of a film’s VOD revenue or gross, after deducting sales tax and payment processing fees. MovieBloc takes 30% of the VOD revenue to cover its expenses. In addition, MovieBloc will pay translators who add subtitles to films 5% of the filmmakers’ share of the VOD.
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