Striking Writers to Launch Online Video Co., Seeking $30M+

newteevee.com

5 pointsblackswan2 comments

If they're looking for $30 million as an investment, that tells me that they're trying to start another movie studio instead of a startup.

I think it is explicitly their point to be a studio. They aren't a tech startup.

E.g. "Virtual Artists will offer professional writers deals to develop and produce films"