Welcome to our dedicated page for Liquid Media Group news (Ticker: YVR), a resource for investors and traders seeking the latest updates and insights on Liquid Media Group stock.
Liquid Media Group Ltd. (symbol: YVR) is a dynamic media and entertainment company based in Vancouver, Canada. The company specializes in providing top-notch video game products primarily catered to casual-game consumers. In addition to creating engaging and interactive content, Liquid Media Group also publishes video games for various interactive entertainment hardware platforms, ensuring a broad reach and significant impact in the gaming industry.
Beyond its core gaming operations, Liquid Media Group Ltd. offers a range of gaming-related services, including visual effects (VFX) and production services. These services are designed to enhance the overall gaming experience, making it more immersive and visually appealing. The company's commitment to quality and innovation is evident in its seamless integration of cutting-edge technology and creative expertise.
In addition to its gaming ventures, Liquid Media Group also delves into the distribution of third-party film and television content. Through its robust digital platforms, the company ensures that a wide array of entertainment options is accessible to its audience. This multi-faceted approach not only diversifies its product offerings but also strengthens its position in the competitive media and entertainment landscape.
Liquid Media Group Ltd. continuously strives to expand its portfolio and improve its financial health. Recent strategic moves include a post-split adjustment of its common shares, aimed at optimizing its market presence and shareholder value. With a focus on growth and innovation, the company remains committed to delivering high-quality entertainment content and services.
For the latest updates and detailed information, you can visit the company's official website at www.LiquidMediaGroup.co. Investors and business inquiries can be directed to Justin Kulik at CORE IR via email at justin@coreIR.com.
Liquid Media Group Ltd. (Nasdaq: YVR) announced the acquisition of iNDIEFLIX Group Inc., a leader in educational entertainment, through an all-stock transaction valued at $2.00 per share. This acquisition, structured in tranches based on performance milestones, aims to enhance Liquid's business solutions for independent creatives and drive growth. Liquid will invest an additional $500K to support iNDIEFLIX's operations. The acquisition aligns with Liquid's mission to facilitate the monetization of content and capitalize on the growing edutainment sector.
Liquid Media Group Ltd. (Nasdaq: YVR) has announced a sales agreement with Virtu Americas LLC for an at-the-market distribution program, allowing the company to sell up to US$6,051,342 of common shares. The proceeds will be used for working capital, business expansion, debt reduction, and other corporate purposes. The shares will be sold at prevailing market prices on the Nasdaq, and no shares will be offered in Canada. The sales are regulated under the Securities Act of 1933, and potential investors are encouraged to review the prospectus for further details.
Liquid Media Group Ltd. (Nasdaq: YVR) has signed a letter of intent to acquire Digital Cinema United Holding Ltd. (DCU) for up to 3.75 million shares, conditional on DCU achieving revenues exceeding $15 million. An immediate secured bridge loan of $1.15 million will support DCU's operations. The acquisition aims to enhance Liquid Media's technology services for independent intellectual property creators, facilitating better content distribution and production services across 40+ countries. The move is seen as a strategic effort to strengthen Liquid's business solutions engine.
Liquid Media Group Ltd. (Nasdaq: YVR) is accelerating its acquisition strategy, targeting 20 companies in the media and entertainment sector. CEO Ronald Thomson highlighted a recent partnership with dotstudioPRO, expanding their distribution network to over 815 million viewers globally. The firm aims to finalize its first three acquisitions, including iNDIEFLIX, Filmocracy, and iGemsTV, while negotiating additional targets. This proactive approach aims to enhance Liquid’s offerings and support independent creators through an end-to-end solution for content monetization, positioning the company for significant growth.
On July 12, 2021, Ron Thomson, CEO of Liquid Media Group (Nasdaq: YVR), discussed the company's use of big data intelligence to empower independent intellectual property creators in a television interview. Thomson highlighted their growth strategy involving the acquisition of companies in four key areas to enhance business services. The company has announced three acquisition candidates and is in negotiations for more, aiming to support independent creators in monetizing their content. The full interview can be accessed through Liquid’s website.
Liquid Media Group Ltd. (Nasdaq: YVR) reported a productive start to 2021, focusing on empowering independent intellectual property creators in the evolving media landscape. Their enhanced business strategy targets a growing demand for video content across streaming and gaming. The company aims to provide comprehensive support to independent producers through a recalibrated four-stage solution engine, leveraging AI and big data. Recent acquisitions and strategic partnerships have expanded Liquid's reach, making it a critical catalyst for creators navigating an underserved market, ultimately driving shareholder value.
Liquid Media Group Ltd. (Nasdaq: YVR) has signed a letter of intent to acquire iGEMStv, Inc. for up to 566,667 shares, contingent on iGEMS achieving revenues exceeding US$9.5M to trigger the payment of shares in four tranches. iGEMS offers a unique content recommendation platform combining machine learning and human curation, making it stand out in the crowded streaming market. Additionally, a secured bridge loan of US$100K will support iGEMS' operations. The acquisition aims to enhance Liquid's content discoverability and audience reach.
Liquid Media Group (Nasdaq: YVR) has signed a letter of intent to acquire Filmdab, Inc. (dba Filmocracy) for up to 1.25 million shares. Filmocracy is a film and festival streaming platform with multiple revenue streams, including B2B SaaS and B2C subscriptions. The acquisition is contingent on Filmocracy achieving US$66 million in future revenues, with shares distributed in tranches. A secured bridge loan of $609K will support Filmocracy's operations. The deal is expected to enhance Liquid's offerings to IP creators, leveraging Filmocracy's unique technology for virtual events.
Liquid Media Group Ltd. (Nasdaq: YVR) announced a partnership with dotstudioPRO to enhance distribution of its video content. This collaboration aims to expand Liquid's audience reach to nearly a billion households globally through dotstudioPRO's SaaS-based content management solutions. The two companies are focused on streamlining content creation and monetization for independent IP creators. Liquid's library contains over 7,100 projects and 16,000 videos, and this partnership aims to further monetize this extensive catalog across various OTT platforms.
Liquid Media Group Ltd. (Nasdaq: YVR) has announced the resignation of Daniel Cruz from its Board of Directors, thanking him for his service while planning to continue a consultancy relationship. Additionally, the company disclosed that its letter of intent with CurrencyWorks Inc. has expired. Liquid Media is exploring opportunities to leverage blockchain technology and tokenization for entertainment financing and monetization, promising further updates in due course.
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