VANCOUVER, British Columbia, Sept. 20, 2022 (GLOBE NEWSWIRE) — Liquid Media Group Ltd. (the “Company”, “Liquid Media” or “Liquid”) (Nasdaq: YVR) CEO Joshua Jackson at the moment gives a Letter to Shareholders:
To our valued shareholders:
After our current announcement of a 187% enhance in income, the regaining of compliance with the British Columbia Securities Commission, and the lifting of our Cease Trading Order, I write to you to declare that we’re, as soon as once more, prepared and in a position to ship on our promise to ship end-to-end media options to optimize Intellectual Property (IP) improvement, financing, distribution and monetization for studios, unbiased manufacturing corporations and producers.
Over the final eight months, now we have been meticulously striving to shore up partnerships and acquisitions to present our purchasers with infrastructure, companies, analysis, and sources that may place Liquid Media Group as a frontrunner within the unbiased content material creation universe, and distinctive in its scope of choices not like another supplier in our house.
Prior to my assuming the CEO position, we solidified our place with the completion of our acquisition of iGEMStv and launched our blockchain framework. We have a deep pipeline of Intelligence or data-driven companion corporations that we glance to announce alongside our partnership with Slated. Our subsidiary, distributor Digital Cinema United (DCU) has expanded its capabilities for cloud-based distribution throughout the globe through DCU Connect, and now we have elevated our content material distribution partnership with Insight TV. Lastly, Indieflix, our different manufacturing and distribution subsidiary, is seeing ground-breaking renewals for its signature affect and academic content material.
Since I’ve grow to be CEO, we’ve additional expanded our distribution channels by means of a partnership with Vuulr, and launched Projektor, an internet video neighborhood that gives filmmakers full management to self-distribute content material instantly to their viewers, whereas offering them entry to the most recent monetization, social, and showcasing options. As it continues to develop, Projektor will present a revolutionary “last mile” business-to-business financing platform for studios, manufacturing corporations, expertise/companies and buyers that may each help financing gaps and elevate initiatives by means of Liquid Media’s ecosystem of intelligence and distribution subsidiaries and companions.
Equally as essential, I’ve been collaborating with administration and our board to guarantee a wholesome and compliant firm by allocating acceptable sources, together with the hiring of our new CFO, Sheri Rempel, and bringing all filings up to date. Outstanding stays our non-compliance with the Nasdaq guidelines relating to share worth, and we’re diligently working to resolve this as nicely. Moving into the tip of the 12 months, we’ll proceed to execute on the growth of our providing and creation of recent choices for our purchasers, and I look ahead to sharing new partnerships, new wins and infrastructure to assist us extra successfully talk with our buyers.
I imagine that Liquid Media continues to be a high quality funding, offering inflation- and recession-proof shareholder worth. Regardless of the economy, and the means to ship it, leisure is now a staple amongst households worldwide. Surely as the event of content material has considerably expanded past the studio system, after which past the key distribution platforms, Liquid Media is supplied to keep forward of the tendencies and we imagine that our suite of companies will develop the probabilities of recent, improved and related content material distributed digitally, with creators paid pretty for his or her efforts.
Our distribution companions will assist drive this, in partnership with our wholly owned subsidiaries. For instance, Impactful (www.impactful.co), a brand new social affect model born out of our Indieflix video platform, will multiply its social affect and curriculum-based slate. Current Impactful licensees consists of state schooling boards, firms, authorities our bodies and foundations. Impactful manages a big five-figure database of home licensees and is poised to transfer subsequent into worldwide markets.
DCU will leverage its greater than 750 purchasers throughout theatrical, stay, and digital channels into new revolutionary reseller and distribution channels, whereas transferring its media business to the cloud and SaaS; this transfer consists of DCU’s eDelivery platform DCU Connect, which now exceeds 3,000 websites globally. We imagine these strategic developments will assist to be extra aggressive in opposition to bigger manufacturing corporations. Meantime, iGems and Filmocracy will develop their competition presence and partnerships, permitting filmmakers and content material homeowners entry to license their IP year-round, growing entry to prime producer and competition information insights. We have additionally launched an schooling sequence, “The Distribution Revolution Course,” designed to assist educate present and future purchasers on the brand new wave in content material distribution.
With the worldwide movie and video market anticipated to attain $318.2 billion by 2025 and $410.6 billion by 2030, this business continues to develop and reveals no indicators of slowing. Also on the rise are unbiased creators who’re in search of new avenues away from Amazon, Netflix, HBO, and others, those that need to keep unbiased, however nonetheless want to make their residing and have their content material seen. These are our purchasers, and they’re your investments as nicely.
I couldn’t be extra excited for Liquid Media Group’s subsequent quarters and total future, and thanks in your ongoing help.
Sincerely,
Joshua Jackson
CEO
Liquid Media Group
About Liquid Media Group Ltd.
Liquid Media Group Ltd. (Nasdaq: YVR) is an leisure firm empowering unbiased IP creators. Liquid’s end-to-end answer allows skilled video (movie/TV and streaming) creation, packaging, financing, supply, and monetization, empowering IP creators to take their skilled content material from inception by means of the whole course of to monetization.
Additional data is offered at www.LiquidMediaGroup.co.
CONTACT:
Investors / Business
Justin Kulik
CORE IR
justin@coreIR.com
Industry
Jane Owen
Jane Owen PR
(323) 819-1122
jane@janeowenpr.com
Cautionary Note Regarding Forward-Looking Statements
This information launch consists of statements containing sure “forward-looking information” inside the which means of relevant securities legislation (“forward-looking statements”). Forward-looking statements are sometimes recognized by phrases comparable to: “believe”, “expect”, “anticipate”, “intend”, “estimate”, “potentially” and related expressions, or are these, which, by their nature, refer to future occasions. These statements shouldn’t be learn as ensures of future efficiency or outcomes. Such statements contain identified and unknown dangers, uncertainties and different elements that will trigger precise outcomes, efficiency or achievements to be materially completely different from these implied by such statements. Such elements embody, however are usually not restricted to: developments associated to the COVID-19 pandemic, regulatory actions, market costs, continued availability of capital and financing, and basic financial, market or business circumstances, in addition to extra dangers disclosed within the Company’s annual and quarterly monetary experiences accessible at www.sedar.com as nicely experiences that we file with the U.S. Securities and Exchange Commission at www.sec.gov. Investors are cautioned that any such statements are usually not ensures of future efficiency and precise outcomes or developments could differ materially from these projected within the forward-looking statements. Forward-looking statements are based mostly on the beliefs, estimates and opinions of the Company’s administration on the date the statements are made. The Company is beneath no obligation, and expressly disclaims any intention or obligation, to replace or revise any forward-looking statements, whether or not on account of new data, future occasions or in any other case, besides as expressly required by relevant legislation.
