VGTel Inc (OTCMKTS:VGTL), a leading 360 Production and Entertainment Production company has made public through its wholly owned subsidiary Motion Picture Scanning Services, Inc has announced its plans to expand 4K business interest. Reports claim that it is looking forward to growing its 4K business in the light of promises made by one of its executives during CES 2015.
The company is well aware of the fact that 4K is the next big thing in the market, and it will take over most of the televisions shortly. It’s the primary reason VGTel doesn’t want to leave any stone unturned.
Management’s Call:
The senior management of the company is convinced that 4K will rule the world in 2015. According to James Humann, Chief Operating Officer, VGTel, whatever time the company officials spent interacting with other leaders during CES helped them learning a lot of new things. The one thing that they learned was — 4K will be mainstream this year. It’s something that VGTel has been working on for months, and now the others have also started believing in the 4K concept.
The future of World TV revolves around 4K Ultra HD in a huge way. As soon as the company grabbed the rights to restore, scan and re-release the large screen films in digital 4K, the demand for its content enhanced amazingly. According to Business Insider, the prices of 4K TVs have fallen as much as 89% after 2012, which is another positive point that supports growing demand for 4K TVs and content in the market.
In the given market conditions where technology has already taken over the entire world, it’s necessary that each and every viewer gets to watch enough ultra HD content on 4K TVs. With the market demand for 4K video material is set to touch another height in the coming months, VGTel Inc (OTCMKTS:VGTL) doesn’t want to leave any stone unturned to make full use of this opportunity.
