Liquid Media Group has completed the acquisition of Digital Cinema United Holdings, which offers streamlined digital cinema package services to assist with digital asset creation, delivery, and distribution.
“We are extremely pleased to have reached this milestone, and to welcome the talented DCU team to the Liquid Media family of companies,” said Liquid CEO Ronald Thomson. “DCU’s established clientele expands the reach of our full solution offering and supercharges our digital service infrastructure (phase III). With best-in-class existing services and global reach, we share a vision of the bigger picture of distribution that we are excited to bring to the market.”
“DCU is an integral part of the growing team under the Liquid Media Group umbrella. We are excited to bring our diverse roster of loyal clients to an exciting union of great companies, spanning the industry, who have recently joined Liquid Media Group,” said Digital Cinema United CEO Alan Christensen. “We look forward to working together under Liquid leadership to improve the resources available to all independents in the world of entertainment.”
Liquid acquired DCU for $11.25 million payable in common shares of Liquid.
Liquid Media Group www.LiquidMediaGroup.co