Liquid Media Group Ltd. (the “Company,” “Liquid Media” or “Liquid”)
(Nasdaq: YVR) today announced its project intake procedures
following a significant increase in demand for the Company’s
four-phase solution engine to help drive content from inception
through monetization. The boost in submissions follows Liquid’s
successful industry launch, star-studded “Big Splash'' gala and
multiple panel presentations at the Toronto International Film
Festival. These activities generated a flurry of media for the
Company, including stories, coverage and interviews via Deadline
Hollywood, Playback, Just Jared, E-Talk News, ET Canada, CTV’s “The
Social” (Canada’s #1 daytime TV show), The Globe and Mail, People
Magazine, Film Daily, Benzinga and more.
Liquid’s new project submission portal is now
the principal way for all producers and content creators seeking to
work with Liquid to submit projects for financing, distribution and
monetization. Whether a project is in the early stages and requires
predictive analysis or production financing (Phases I and II) or is
more advanced and needs digital asset management, distribution
& monetization or discoverability (Phases III and IV), the
submission portal enables each project to be matched to the
appropriate phase of Liquid’s solution engine.
“We are extremely excited to begin driving
projects through this new, formalized process,” said Ron Thomson,
CEO of Liquid Media. “In addition to our new project submission
portal, Liquid’s Phase I intelligence and analysis services portal,
in partnership with Slated, is also live. It will help Liquid
determine which early-stage projects we are ready to advance to
Phase II and which need additional development or significant
improvement before we can consider taking them on. Projects that
are ready for Phase I will receive preferential pricing for our
analysis bundle, which combines professional reviews of a
screenplay, documentary script or screener with data science, then
delivers detailed notes and financial projections. Projects that
are further along in the production lifecycle will be directed to
our Phase III and IV services.”
The critically important first phase of Liquid’s
solution engine determines the strength of a project’s team,
analyzes the potential of scripts and screenplays, conducts virtual
test screenings for narratives and documentaries, and provides
financial analysis. The full analysis process combines data
analytics and professional review. A confidential project page is
created for each production and its creative team, then shared with
Liquid executives and Liquid project parties. Ultimately, this
complete roadmap shows producers where their projects need to go,
with key elements including:
Script reviews, which are undertaken by industry
veterans who have read hundreds of scripts for agencies, management
companies and production companies – including Creative Artists
Agency, United Talent Agency, Paradigm Talent Agency, Universal,
Paramount, Columbia Pictures, Warner Brothers, Metro-Goldwyn-Mayer,
Walt Disney Pictures, 20th Century Fox, DreamWorks, Lionsgate and
more.
Screening analysis, offering filmmakers and
documentary producers early insight into how their production could
fare with festivals, sales companies, distributors, audiences and
critics. Team members have a proven track record in recommending
independent gems that went on to secure financing, packaging, sales
and distribution as well as audience and critical acclaim after
receiving high script and screening scores through the methodology
Liquid has adopted. Reviewers have won Emmys for producing, written
TV shows for major streamers and worked at almost every major
studio.
Financial analysis, providing a
statistical-based projection for each project by analyzing
performance factors of more than 13,000 released films. Numbers are
run like the big studios, then filmmakers and producers can make
adjustments based on how combinations of talent and financial plans
will impact their production, ultimately understanding how much
revenue they could make.
Among well over 1,000 success stories using this
objective analysis that leverages data analytics and professional
review is the movie “The Peanut Butter Falcon.” From the producers
of Little Miss Sunshine, it was introduced in the US by Roadside
Attractions as a limited theatrical release. In 2016, three years
before it brought in over US$23 million in worldwide box office
revenues as the highest grossing independent film of 2019, “The
Peanut Butter Falcon” received Slated scores of 74 for its script
and 84 for financials.
Many other creative professionals -- including
30,000 producers, 15,000 writers and 13,000 directors -- trust this
methodology and credit it as well as other Slated services for
generating thousands of award nominations and hundreds of wins.
Additionally, 70% of 2021 Sundance films and 100% of 2021 Oscar
Best Picture nominated films were made by Slated members.
“Liquid’s approach to helping entertainment
projects make progress toward production is completely aligned with
our own,” said Tim Wesley, CEO for Slated. “Slated’s Executive
Producer team has worked with hundreds of film & TV producers
worldwide over the past five years, and we’re thrilled Slated’s
processes and methodologies will now be integral to accessing the
length and breadth of Liquid’s ecosystem.”
About Slated:Slated is the
leading online film packaging, financing, and distribution
marketplace, supplying the exploding global demand for great
content. Slated’s predictive analytics, packaging tools, and
high-quality deal flow empower filmmakers, talent, financiers, and
distributors to make great movies.
Additional information is available at
https://www.slated.com/.
About Liquid Media Group
Ltd.
Liquid Media Group Ltd. (Nasdaq: YVR) is a
business solutions company empowering independent IP creators.
Liquid’s end-to-end solution will enable professional video
(film/TV and streaming) creation, packaging, financing, delivery,
and monetization, empowering IP creators to take their professional
content from inception through the entire process to
monetization.
Additional information is available at
www.LiquidMediaGroup.co.
Further information:
Primoris Group Inc.+1 (416) 489-0092pg@liquidmediagroup.co
Media requests:
Investor / BusinessAdam BelloMedia &
Analyst Relations ManagerPrimoris Group Inc.+1 (416) 489-0092 x
226media@primorisgroup.com
IndustryJane OwenJane Owen PR+1 (323) 819-1122
jane@janeowenpr.com
Cautionary Note Regarding Forward-Looking
Statements
This news release includes statements containing
certain "forward-looking information" within the meaning of
applicable securities law ("forward-looking statements").
Forward-looking statements are typically identified by words such
as: "believe", "expect", "anticipate", "intend", "estimate",
"potentially" and similar expressions, or are those, which, by
their nature, refer to future events. These statements should not
be read as guarantees of future performance or results. Such
statements involve known and unknown risks, uncertainties and other
factors that may cause actual results, performance or achievements
to be materially different from those implied by such statements.
Such factors include, but are not limited to: developments related
to the COVID-19 pandemic, regulatory actions, market prices,
continued availability of capital and financing, and general
economic, market or business conditions, as well as additional
risks disclosed in the Company’s annual and quarterly financial
reports available at www.sedar.com. Investors are cautioned that
any such statements are not guarantees of future performance and
actual results or developments may differ materially from those
projected in the forward-looking statements. Forward-looking
statements are based on the beliefs, estimates and opinions of the
Company's management on the date the statements are made. The
Company is under no obligation, and expressly disclaims any
intention or obligation, to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise, except as expressly required by applicable law.
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