In a recent run of media interviews and appearances, Ronald
Thomson, CEO of Liquid Media Group Ltd. (the “Company,” “Liquid
Media” or “Liquid”) (Nasdaq: YVR), discussed the Company’s
aggressive acquisition goals and how its partnership with
dotstudioPRO opens the distribution door to more than 815-million
viewers worldwide via over-the-top (OTT) media platforms like
Amazon Prime, Roku, Tubi and more. In lead up to the 2021 Toronto
International Film Festival (TIFF), Thomson’s in-depth industry
conversation with indiefilmTO also revealed details for independent
producers, mini-majors and studios that want to work with Liquid to
have their professional projects packaged, financed, delivered and
monetized.
As published by Mergermarket, a
subscription-based news service for the global professional
investment community, with readership of 200,000+, including
investment banks, private equity and venture capital firms, law and
accounting firms, and other corporate advisors, Liquid “is eyeing
roughly 20 acquisition targets, with its first three deals recently
announced and two more ‘in very advanced stages,’” Thomson
said.
“To date, Liquid Media has [focused on]
companies with up to USD 10M in revenue, though [we] would look at
larger deals,” Thomson told Mergermarket, which reports on
corporate merger and acquisition (M&A) news. The article also
detailed that “targets tend to be clustered in media and
entertainment meccas such as Hollywood/Los Angeles, New York,
Toronto, Vancouver, the UK, China, Taiwan, Japan and South
Korea.”
Film Daily: Liquid’s Reach Nearly
1-Billion Households Worldwide
A story by Film Daily showcased the recent
partnership between Liquid and dotstudioPRO, a technology,
consulting and video distribution company that delivers SaaS-based
content management, distribution, marketing and monetization
solutions for the media, broadcast and entertainment sectors. In
it, Thomson is quoted on the importance of industry alliances and
the power they bring to Liquid’s recalibrated business model and
four-stage solution engine.
“I am thrilled about this new partnership with
dotstudioPRO. They are adding another powerful level of
distribution for our content that brings our reach to nearly a
billion households worldwide. It’s this distribution network, made
up of all our partners, that gives Liquid Media Group’s library the
full spectrum and highest level of delivery,” he said.
indiefilmTO: Negotiations Underway for
Future Acquisitions
Partnerships, joint ventures and acquisitions
were also hot topics when Thomson joined actress Virginia Kingston
and her co-host, filmmaker and producer Sen Katpaganathan for a
lively discussion via indiefilmTO. The outlet and its podcast focus
on entrepreneurial and start-up development for independent
filmmakers, with specific attention on film financing, project
management, career development and marketing. In addition to
filmmakers, past interview guests include executives from TIFF and
Telefilm Canada, as well as the City of Toronto’s Film Commissioner
and Director of Entertainment Industries.
“We can partner [or] joint venture with
companies, and that’s often a very efficient way of doing things,”
Thomson told indiefilmTO. “Some of these core competencies [across
the four stages of Liquid Media’s business engine] we would like
to...utilize by owning in-house...We’ve announced our first three
acquisitions [including iNDIEFLIX, Filmocracy and iGEMStv]. They
all sit in our fourth stage, which is the monetization stage...We
have several others that we are in the process of negotiating and
hopefully coming close to announcing some new ones soon.”
Thomson also discussed at length ways that
content creators can work with Liquid. The Company invites
interested industry personnel and investors who want to better
understand the process to watch the full interview.
Additionally, Thomson made a recent return
appearance via a television interview with The Big Biz Show, which
broadcasts into more than 110-million U.S. homes and is simulcast
on 150+ radio stations.
“We actually take a very statistical, scientific
approach, in addition, of course, to breaking down the artistic
aspects of any project - the script and the various elements to
it,” Thomson said to Big Biz Show host Bob “Sully” Sullivan, in
discussing the roles that artificial intelligence (AI) and big data
analytics technology are playing in Liquid’s end-to-end solution
for independent IP creators. “That helps us to better de-risk and
also predictively model how [a project] will perform, whether it
goes to television, streaming, box offices or cinemas across the
world.”
News announcements and media coverage for Liquid
are available on the company’s website.
About Liquid Media Group
Ltd.
Liquid Media Group Ltd. (Nasdaq: YVR) is a
business solutions company empowering independent IP creators.
Liquid’s end-to-end solution will enable professional video
(film/TV and video game) creation, packaging, financing, delivery,
and monetization, empowering IP creators to take their professional
content from inception through the entire process to
monetization.
Additional information is available at
www.LiquidMediaGroup.co.
Further information:
Primoris Group Inc.+1 (416)
489-0092pg@liquidmediagroup.co
Media requests:
Investor / BusinessAdam
BelloMedia & Analyst Relations ManagerPrimoris Group Inc.+1
(416) 489-0092 x 226media@primorisgroup.com
IndustryJane OwenJane Owen PR+1
(323) 819-1122 jane@janeowenpr.com
Cautionary Note Regarding
Forward-Looking Statements
This news release includes statements containing
certain "forward-looking information" within the meaning of
applicable securities law ("forward-looking statements").
Forward-looking statements are typically identified by words such
as: "believe", "expect", "anticipate", "intend", "estimate",
"potentially" and similar expressions, or are those, which, by
their nature, refer to future events. Such forward looking
statements include, but are not limited to, that the Company will
be able to consummate the acquisitions of iNDIEFLIX, Filmocracy and
iGemsTV, as well as in respect of additional acquisitions being
negotiated by the Company in respect of which no agreement has yet
been reached. The Company cautions that the iNDIEFLIX, Filmocracy
and iGemsTV acquisitions, as well as all proposed acquisitions, are
subject to a number of closing conditions and approvals and there
can be no certainty that these acquisitions will be closed on the
terms first announced or at all. These statements should not be
read as guarantees of future performance or results. Further, such
statements involve known and unknown risks, uncertainties and other
factors that may cause actual results, performance, or achievements
to be materially different from those implied by such statements.
Such factors include, but are not limited to: developments related
to the COVID-19 pandemic, the Company’s ongoing due diligence
investigations, required third party approvals, regulatory actions,
market prices, continued availability of capital and financing, and
general economic, market or business conditions. Investors are
cautioned that any such statements are not guarantees of future
performance and actual results or developments may differ
materially from those projected in the forward-looking statements.
Forward-looking statements are based on the beliefs, estimates and
opinions of the Company's management on the date the statements are
made. The Company is under no obligation, and expressly disclaims
any intention or obligation, to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as expressly required by
applicable law.
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