In an open letter to Liquid Media Group shareholders, CEO Joshua Jackson expressed confidence in the future of cinema. “Over the last eight months, we have been meticulously striving to shore up partnerships and acquisitions to provide our clients with infrastructure, services, research, and resources that will position Liquid Media Group as a leader in the independent content creation universe, and unique in its scope of offerings unlike any other provider in our space,” Jackson said.
“Prior to my assuming the CEO role, we solidified our position with the completion of our acquisition of iGEMStv and launched our blockchain framework. We have a deep pipeline of Intelligence or data-driven partner companies that we look to announce alongside our partnership with Slated. Our subsidiary, distributor Digital Cinema United has expanded its capabilities for cloud-based distribution across the globe via DCU Connect, and we have increased our content distribution partnership with Insight TV. Lastly, Indieflix, our alternative production and distribution subsidiary, is seeing ground-breaking renewals for its signature impact and educational content.
“Since I’ve become CEO, we’ve further expanded our distribution channels through a partnership with Vuulr, and launched Projektor, an online video community that provides filmmakers complete control to self-distribute content directly to their viewers, while providing them access to the latest monetization, social, and showcasing features. As it continues to develop, Projektor will provide a revolutionary “last mile” business-to-business financing platform for studios, production companies, talent/agencies and investors that will both support financing gaps and elevate projects through Liquid Media’s ecosystem of intelligence and distribution subsidiaries and partners.
“Equally as important, I’ve been collaborating with management and our board to ensure a healthy and compliant company by allocating appropriate resources, including the hiring of our new CFO, Sheri Rempel, and bringing all filings up to date. Outstanding remains our non-compliance with the Nasdaq rules regarding share price, and we are diligently working to resolve this as well. Moving into the end of the year, we will continue to execute on the expansion of our offering and creation of new offerings for our clients, and I look forward to sharing new partnerships, new wins, and infrastructure to help us more effectively communicate with our investors.
“I believe that Liquid Media continues to be a quality investment, providing inflation- and recession-proof shareholder value. Regardless of the economy, and the means to deliver it, entertainment is now a staple among households worldwide. Surely as the development of content has significantly expanded beyond the studio system, and then beyond the major distribution platforms, Liquid Media is equipped to stay ahead of the trends and we believe that our suite of services will expand the possibilities of new, improved, and relevant content distributed digitally, with creators paid fairly for their efforts.
“Our distribution partners will help drive this, in partnership with our wholly owned subsidiaries.
“DCU will leverage its more than 750 clients across theatrical, live, and digital channels into new innovative reseller and distribution channels, while moving its media business to the cloud and SaaS; this move includes DCU’s eDelivery platform DCU Connect, which now exceeds 3,000 sites globally. We believe these strategic developments will help to be more competitive against larger production companies.
“Meantime, iGems and Filmocracy will expand their festival presence and partnerships, allowing filmmakers and content owners access to license their IP year-round, increasing access to top producer and festival data insights.
“With the global film and video market expected to reach $318.2 billion by 2025 and $410.6 billion by 2030, this industry continues to expand and shows no signs of slowing. Also on the increase are independent creators who are looking for new avenues away from Amazon, Netflix, HBO, and others, those who want to stay independent, but still wish to make their living and have their content seen. These are our clients, and they are your investments as well.”
Liquid Media Group www.LiquidMediaGroup.co.