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Liquid Media Appoints Global Media Business Leader Ronald W. Thomson as CEO

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Liquid Media Group Ltd. (Nasdaq: YVR) has appointed Ronald Thomson as CEO to spearhead its business growth in the media and entertainment sector. With over two decades of experience, Thomson aims to capitalize on the evolving content streaming market. He emphasizes Liquid's strong position and readiness for rapid growth amidst media disruptions. Daniel Cruz, Co-founder, expresses confidence in Thomson's transformative leadership and ability to drive global expansion. Liquid Media possesses a robust portfolio of intellectual property and aims to leverage its industry relationships for further development.

Positive
  • Appointment of Ronald Thomson as CEO may bring fresh perspectives and strategic growth initiatives.
  • Thomson's extensive experience in media/entertainment suggests strong leadership potential for navigating market challenges.
Negative
  • Concerns regarding continuity and potential experience gaps with the transition in leadership.

VANCOUVER, British Columbia, Jan. 06, 2021 (GLOBE NEWSWIRE) -- Liquid Media Group Ltd. (the “Company”, “Liquid Media” or “Liquid”) (Nasdaq: YVR) has appointed Ronald Thomson as its CEO to drive the growth of its evolving business. As President of global business development firm Cameron Thomson Group Ltd. (“Cameron Thomson”), Mr. Thomson has been building successful media/entertainment and tech companies for more than two decades from its offices in Toronto, London, Lake Como, Los Angeles and Taipei.

“Liquid Media has established a powerful position at the forefront of the rapidly evolving media/entertainment sector, leveraging its access to capital markets, content production and technology. In response to the growing content streaming market and the changing media landscape, I believe Liquid is in the right sector at a time when media disruption is at the forefront of global economics,” said Mr. Thomson. “The company trades on the NASDAQ alongside world-renowned market leaders and is poised for rapid growth.”

“Ron is an entrepreneurial leader who has focused his career on driving growth in the media/ entertainment and technology sectors. He will lead Liquid Media Group as the CEO to capitalize on the current and evolving market to build and pursue new growth, funding and global expansion,” said Daniel Cruz, Co-founder of Liquid Media. “Ron is a transformative thinker who has proven time and again his ability to guide companies and accelerate their growth. We are excited to have attracted him to take Liquid into the future and drive the next chapter of our success.”

Cameron Thomson boasts a deep list of media and entertainment industry clients. Its relationships with industry decision leaders have helped scale a multitude of small-cap businesses to graduate to mid-tier and large cap status, helping cutting-edge tech and entertainment businesses grow, finance their growth, and expand globally. Cameron Thomson bridges the gap between North American, European and Asian media/entertainment and technology markets by delivering best-of-breed business models, technical solutions, applications and financial engineering to its clients.

About Liquid Media Group Ltd.

Liquid Media Group Ltd. (Nasdaq: YVR) is an entertainment company with a strong portfolio of content intellectual property (IP) spanning creative industries. Liquid Media’s executive team is comprised of Chairman Joshua Jackson (actor/producer, television and film), Chief Financial Officer and Managing Director Daniel Cruz (previously of Canaccord Financial), President Charlie Brezer (serial entrepreneur), Director Stephen Jackson (Northland Properties), and Director Nancy Basi (veteran media and entertainment expert) each bring decades of industry expertise and significant passion to advance the Company’s mission.

Additional information is available at www.LiquidMediaGroup.co.

Further information:

Daniel Cruz
Liquid Media Group Ltd.
+1 (416) 489-0092
pg@liquidmediagroup.co

Media requests:

Adam Bello
Media & Analyst Relations Manager
Primoris Group Inc.
+1 (416) 489-0092 x 226
media@primorisgroup.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. These statements should not be read as guarantees of future performance or results. 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, 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.

 


FAQ

What is the significance of Ronald Thomson's appointment as CEO of Liquid Media Group (YVR)?

Ronald Thomson's appointment is significant as it brings experienced leadership to drive growth in the evolving media and entertainment sector.

How does Liquid Media Group plan to capitalize on the content streaming market?

Liquid Media aims to leverage its strong market position and Thomson's expertise to pursue new growth opportunities and expand globally.

What potential impacts could the leadership change at Liquid Media Group (YVR) have on its business?

The leadership change could introduce fresh strategies for growth but may also raise concerns about continuity and experience gaps.

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