Vancouver, british columbia, june 24, 2021 (globe newswire) — liquid media institution ltd. (the “enterprise,” “liquid media” or “liquid”) (nasdaq: yvr), a enterprise solutions organisation empowering unbiased highbrow assets (ip) creators to package, finance, deliver and monetize their professional video ip globally, these days launched a letter to shareholders from ceo ronald thomson. The entire letter follows:
Dear shareholders of liquid media group,
The begin of 2021 has been extremely efficient for liquid. Because the media and leisure markets retain to evolve globally, we see terrific opportunities to scale our business and help creators to generate sustainable success.
During the last yr, consumers had been craving and eating splendid video content material greater than ever before – across streaming programs, series and movies to epic cinematic scenes in their favourite video video games. They’ve watched complete libraries of television and film programming and logged hours upon hours on gaming consoles. This evolution in patron conduct is driving huge demand for brand spanking new tv, movie and gaming options – and audiences and professionals alike believe that call for is here to stay.
Video shoots and productions are, fortunately, up and strolling once more in lots of locations after a 12 months-long health crisis that stopped the sector in its tracks, with the enjoyment enterprise difficult hit. Faced with new demanding situations, unbiased manufacturers need greater support than ever on the enterprise aspect so we can cognizance on what they do best – growing extremely good memories.
Liquid’s recalibrated business strategy leverages our center property, infrastructure and expertise to drive our four-stage solution engine. It’s an more suitable strategic plan we’ve been operating at tirelessly in recent months. We agree with it addresses a massively underserved market opportunity – and that it will provide dramatic increase and lengthy-term upside potential for our commercial enterprise, riding shareholder value.
Extra honestly put, we felt strongly that the time for small moves changed into over and that a big push for our business turned into required, the beginnings of which can be evidenced by way of our latest announcements to collect indieflix, filmocracy and igems.
Business answers for ip creators
Consider the companies which have finished fulfillment on a scale that contributes to the transformation of an enterprise; boom thru acquisition and ownership of a closed-loop gadget is a not unusual thread. This trend closer to consolidation has left increasingly unbiased ip creators struggling to navigate the new panorama. Input liquid; as an cease-to-cease business answers corporation, we can empower storytellers to package, finance, deliver and monetize their expert video ip globally, making it less difficult for creatives to take their expert content material from inception thru the complete technique to monetization. This recalibration of liquid’s enterprise is an optimization of our current assets and operations in reaction to a hugely underserved need.
How massive is this want?
Industry veterans will inform every body who asks that this is a giant problem within the movie, tv and cinematic video games industry.
It’s hard to trust, but after all of the advancements in enjoyment and the era that helps this massive worldwide industry, there may be nonetheless no present professional, dependable and controlled solution to permit studios, independent production businesses and other professional video creators to supply, bundle, finance, supply and monetize their ip.
With call for for on-screen leisure booming, the timing is right for us to arm media and enjoyment experts with a effective give up-to-quit solution, designed to help them via each crucial stage of the entire content material lifecycle.
Liquid’s new platform will leverage sophisticated artificial intelligence (ai) and massive facts analytics era, informed process structuring, financial threat reduction and investment, production best practices, collectively with monetization expertise to make sure recoupment and profitability of ip across diverse distribution. This is executed both thru present belongings and strategic partnerships, which include the these days introduced perception tv and dotstudiopro distribution agreements, bringing our community’s general audience attain to nearly a thousand million households international.
Strategic vision pushed by using market insights
Our company is emerging as a catalyst for creative professionals, imparting crucial assist through liquid’s business answers to translate their ingenuity and creativeness into a successful financial engine (and providing peace of thoughts).
Who’re the clients for this sort of platform? They include production agencies, studios, distributors and financiers within the filmed enjoyment industry. This comprehensive solution is an doable route to sustained boom and profitability. We’re enthusiastic about our evolution and marketplace trajectory going ahead.
In creating our business transformation plan, we taken into consideration a number of crucial market insights including the explosion in spending on professional video and gaming production. This spending is being pushed by:
Fulfillment of latest distribution channels – e.G. Subscription video-on-call for (svod) and over-the-top (ott) media offerings offered to viewers without delay through the internet, like netflix, amazon prime, disney+ and hulu
Excessive purchaser demand
Adoption of new allowing technology – e.G. High-velocity and bandwidth land and cellular provider
Depletion of amusement inventories due to high demand at some stage in covid-19 lockdown and absence of latest manufacturing in the course of that duration
Stratification of entertainment enterprise
Huge projects from fundamental studio players
Smaller scale tasks as the focal point of smaller independent players
Favorable surroundings (e.G. Generous tax credits) that independent manufacturers do now not frequently fully leverage
Problems finishing manufacturing financing, which is a significant enterprise constraint
Substantial demand from numerous sectors (company / personal, schooling / government / public, and many others.) for education, education, edutainment, advertising and marketing and communications-related video services
As we leverage liquid’s current belongings, infrastructure and highly experienced crew, our execution application inside the coming months will also encompass numerous accretive acquisitions together with strategic partnerships, numerous of which have been announced as part of our answer engine’s fourth stage – monetization + distribution. Healthy communicate and negotiations are ongoing for added possibilities throughout levels. Those complementary projects will paintings to fulfill our stop-to-cease answers price proposition for the filmed leisure enterprise.
Liquid is devoted to constructing lasting fee for shareholders within the close to-time period as we finance and supply our recalibrated commercial enterprise version the world over to the multitude of clients in our target markets.
I look forward to updating you as our business transformation continues inside the coming months. Within the interim, thanks to your persisted supportbout liquid media group ltd.
Liquid media institution ltd. (nasdaq: yvr) is a commercial enterprise answers enterprise empowering unbiased ip creators. Liquid’s cease-to-quit answer will enable professional video (film/television and video game) advent, packaging, financing, transport, and monetization, empowering ip creators to take their expert content material from inception through the whole technique to monetization.Cautionary note regarding ahead-searching statements
This information launch includes statements containing sure “forward-searching statistics” inside the which means of applicable securities regulation (“ahead-searching statements”). Ahead-searching statements are usually diagnosed by using phrases along with: “consider”, “anticipate”, “anticipate”, “intend”, “estimate”, “doubtlessly” and similar expressions, or are those, which, with the aid of their nature, check with future occasions. Such ahead looking statements encompass, however are not confined to, that the organisation may be capable of consummate the purchase of filmocracy, and that filmocracy will preserve to boom its sales. These statements ought to now not be study as guarantees of destiny performance or outcomes. In addition, such statements involve acknowledged and unknown risks, uncertainties and different elements that can cause real consequences, performance, or achievements to be materially exceptional from the ones implied by means of such statements. Such elements encompass, however are not restricted to: traits related to the covid-19 pandemic, regulatory actions, marketplace charges, continued availability of capital and financing, and preferred financial, market or business conditions. Buyers are suggested that this type of statements aren’t guarantees of destiny overall performance and real outcomes or trends may additionally fluctuate materially from those projected in the ahead-looking statements. Ahead-looking statements are based totally at the beliefs, estimates and critiques of the organization’s management on the date the statements are made. The organization is underneath no duty, and expressly disclaims any purpose or duty, to update or revise any ahead-searching statements, whether or not as a end result of latest information, future activities or otherwise, besides as expressly required by relevant law.