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 a letter of intent to acquire iNDIEFLIX Group Inc., a global subscription video-on-demand service focused on social impact content. The deal involves a potential payment of up to 1.67 million common shares of Liquid, subject to iNDIEFLIX meeting specified revenue milestones of $65 million. An initial secured loan of $500,000 will support iNDIEFLIX's operations. This acquisition is seen as part of Liquid's strategy to enhance its end-to-end IP solutions and capitalize on the growing edutainment market.
Liquid Media Group Ltd. (Nasdaq: YVR) has entered a memorandum of understanding with Insight.TV to form a content partnership aimed at distributing Liquid’s library content globally. The collaboration will result in Liquid's first FAST (Free Advertising Supported TV) channel, enhancing its monetization strategy. Insight.TV, known for its millennial-focused content, has a reach of over 400 million households in 53 countries. This partnership is expected to expand Liquid's audience and support independent IP creators by increasing content lifecycle and access to new markets.
Liquid Media Group Ltd. (NASDAQ: YVR) has appointed Mr. Andy Wilson as the new Chief Financial Officer, replacing Daniel Cruz, who will continue as a director and Senior Advisor. Wilson brings extensive finance and strategy experience, particularly in the entertainment sector, positioning the company for robust operational adaptation and financial management. Liquid Media specializes in empowering independent IP creators to monetize their video content globally, offering a comprehensive solution from development to distribution.
Liquid Media Group Ltd. (Nasdaq: YVR) announces the launch of its Red Carpet NFTs in May 2021, in partnership with CurrencyWorks. These NFTs aim to provide fans exclusive experiences and collectibles, including behind-the-scenes content with Hollywood celebrities. Liquid Media's CEO, Ron Thomson, emphasizes the value of NFTs for both fans and IP holders. The NFTs will be available on CurrencyWorks’ platform NFTainment.io, which will allow users to engage with and trade these unique digital assets. This initiative enhances Liquid's solutions for independent IP creators.
Liquid Media Group Ltd. (Nasdaq: YVR) announced plans for a unique multi-token intellectual property (IP) platform. In collaboration with CurrencyWorks, the Liquid Media Token Platform (LMTP) aims to empower content creators in the film, entertainment, and gaming sectors. This platform will enhance monetization opportunities through NFTs, subscription access, and Security Token Offerings (STOs), while offering tools for licensing and copyright management. CEO Ron Thomson highlighted the potential for increased revenue streams and enhanced audience engagement in the evolving IP landscape.
Liquid Media Group Ltd. (Nasdaq: YVR) has announced plans to launch a groundbreaking multi-token IP platform, designed to empower independent content creators in the film, entertainment, and gaming industries. This platform aims to facilitate the monetization of intellectual property through NFTs, utility tokens, and security token offerings, alongside traditional financing avenues. Liquid has partnered with CurrencyWorks to engineer the platform and will share royalties from NFTs. The initiative is expected to enhance revenue streams and engagement for creators.
Liquid Media Group Ltd. (Nasdaq: YVR) has completed a registered direct offering of 1,791,045 common shares at USD$3.35 per share, raising gross proceeds of approximately USD$6.0 million. The funds will be used for working capital, business expansion, debt reduction, and other corporate purposes. H.C. Wainwright & Co. served as the exclusive placement agent for this offering. The shares were sold under a previously filed shelf registration statement with the SEC, and further details can be found via the SEC's website.
Liquid Media Group Ltd. (Nasdaq: YVR) announced a registered direct offering of 1,791,045 common shares at $3.35 per share, aiming for gross proceeds of approximately $6 million. The offering is expected to close around March 22, 2021. Proceeds will be utilized for working capital, business expansion, debt reduction, and general corporate purposes. H.C. Wainwright & Co. serves as the exclusive placement agent. The offering is part of a shelf registration statement previously filed with the SEC.
Liquid Media Group Ltd. (Nasdaq: YVR) announced a distribution agreement with Atari to feature its SlipStream video-on-demand platform on the Atari VCS™. This partnership aims to enhance Liquid's reach and aligns with its new business strategy. The SlipStream app launch marks a significant milestone for Liquid as it positions itself within the home entertainment ecosystem. The deal is part of a broader initiative to innovate and adapt in a changing market, with further updates on Liquid's business model expected in the coming months.
Liquid Media Group Ltd. (Nasdaq: YVR) held its Annual General Meeting on January 14, 2021, where shareholders approved all business items, including the election of directors. Charlie Brezer and Ronald W. Thomson were among the elected directors, with Thomson also newly appointed as CEO. Shareholder votes reflected strong support with over 99% approval for Thomson and Brezer. This leadership change aims to enhance Liquid Media's growth strategy in the media and entertainment industry.
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