VirBELA and Appreciated Media Holdings Inc. announced a partnership to build a customizable virtual film studio, Pinnacle Virtual Film Studios. Through this partnership, VirBELA and Appreciated Media are working together to develop a platform that will transform the traditional film studio back lot and make Pinnacle Virtual Film Studios a premier location for delivering content without the need for travel or physical contact. This virtual experience will revolutionize how producers, directors, writers and actors present their projects and their talent to film, television and music companies. As a part of Pinnacle Virtual Film Studios, there will be production/office spaces, also known as bungalows, for over 50 independent film and television companies that are lining up to work with other film and television producers and collaborators, to present and screen their projects. This virtual film studio will also offer a safe place where members can learn, grow and collaborate, like they would in a physical office. Pinnacle Film Studio is coming at a critical time for the film industry, which is facing a $5 billion loss as a result of the coronavirus pandemic. This new offering from VirBELA and Appreciated Media will offer tremendous value to the entertainment industry, providing unprecedented savings, while still delivering the high level of content in film, music, television and theatrical performances. Some design elements of Pinnacle Virtual Film Studios will feature an old Hollywood-themed space. In addition, there will be a modern Hollywood feel throughout the bungalows, where film and television companies will conduct private interviews with the producers, writers and stars of their upcoming projects.