Liquid Media Group has signed a letter of intent to acquire IndieFlix, the subscription video-on-demand streaming service focused on content with a purpose. IndieFlix has evolved its initial offering, by expanding into the live social impact space, and transforming into an edutainment company with a foundation to further support its mission and vision.
The streaming platform Kinema, in partnership with a coalition of business, entertainment and creative leaders and GoFundMe.org, today announced it will leverage its virtual screening technology to host the first annual Asian American Pacific Islander Storytellers Festival, in celebration of AAPI Heritage Month. The Festival starts tonight at 8:00 p.m. ET with the global virtual premiere on Kinema of The Paper Tigers, an action comedy starring Alain Uy, Ron Yuan, and Mykel Shannon Jenkins ahead of its wide release date of May 7.
Event cinema distributor Abramorama’s documentary Long Live Rock … Celebrate the Chaos is now streaming on The Coda Collection.
Netflix and Disney+ Hotstar accounted for 50 percent of all streaming video-on-demand subscribers in India in 2020, according to Omdia’s latest 2021 Online Video Market and Consumer Trends Report. Omidia’s principal analyst, TV and online video, consumer Constantinos Papavassilopoulos said, “The online video market of India is steadily growing its foothold in every direction. The COVID-19 pandemic accelerated the growth rate of an already dynamic and robust OTT market.”
Cardiff-based film and video post-production house Gorilla has chosen an MTI Film Cortex Enterprise mastering and validation system for a new 4K high dynamic range mastering suite at its recently expanded GloWorks facility. Supplied by MTI Film distribution partner Big Pic Media, the Cortex forms part of Gorilla's investment in new 4K HDR technology.
Goldcrest Post recently performed a feat of post-production magic for one of the most unusual film releases of the year. Grizzly II: The Revenge, a thriller about a giant bear that attacks fans at a rock concert, was shot in 1983 by the late Hungarian director André Szöts. Starring Steve Inwood, and including appearances by George Clooney, Laura Dern, Louise Fletcher and Charlie Sheen, the film was intended to be a sequel to Grizzly, a modestly budgeted independent film that became the top grossing independent film of all time upon its release in 1976, but it was left unfinished. That changed late last year when executive producer Suzanne C. Nagy retrieved the nearly 40-year-old original elements from storage and sought Goldcrest’s help in getting the film ready for its long-delayed release.
Cinenso has launched the Cinenso Channel, a secure platform, with multi-digital rights management, and payment infrastructure and storage at a nominal cost for global programmers of independent film content, from short films to niche genre films. It will enable curators – including scholars, rights holders and programmers – to create channels for film screenings, discussions, and archival content.
Nagra has been selected by U.S.-based Eventive, a leading platform in virtual cinema, to use Nagra’s forensic watermarking and multi-digital rights management tools to protect every film on its virtual screening platform.
Alamo Drafthouse Cinema has begun a long-term partnership with the Harlem Film House’s Hip Hop Film Festival by introducing The Vanguard Collection. Now available on Alamo on Demand, the series includes important and influential films about the Black experience and will also feature exclusive content and perspectives from voices of the Hip Hop culture.
The British mid-market private equity firm LDC has invested in Sohonet, an international provider of connectivity, collaboration software, media services and network security for the media and entertainment industry. LDC’s investment will support the existing management team, led by CEO Chuck Parker, to further build on its international growth strategy and explore complementary acquisitions.