Liquid Media has signed a letter of intent to acquire Digital Cinema United. “With the acquisition of DCU, Liquid inherits DCU’s longstanding position as a company of choice for the entertainment and media industry,” says Liquid Media CEO Ron Thomson. “The services DCU provides are essential to film and TV producers and distributors, engage with clients across every aspect of the supply chain, supercharge our solution engine and further our reach.
“This transaction is a strategic win for both companies, with DCU bringing a range of loyal clientele, revenue base and stellar reputation worldwide. Liquid brings DCU additional capital that drives rapid growth, back-office support to scale execution across verticals, and the benefits of the many arms of its growing family of companies.”
DCU’s supply chain provides technical services that bring picture and audio to life in any environment, from movie theaters, airplanes, and broadcast television all the way through to streaming and other video on demand platforms. The creation of file formats, QC, mastering, packaging and delivery, distribution and metadata management are some of the key areas in which DCU works to help content owners get their life’s work to audiences around the world.
“We are delighted to be concluding our deal with Liquid Media Group, a company whose vision and strategies align with ours and this is therefore a very comfortable fit for DCU,” said Digital Cinema United CEO Alan Christensen. “The recent acquisitions Liquid has made show a huge leap towards becoming a full solution engine for content creators, which enables a much more automated and cost-effective model that ultimately yields better returns. We see value in the skill sets across all companies within the group working seamlessly together, and we believe that DCU is an integral part of the machine. We look forward to building a better future for the entire industry together.”
Digital Cinema United will continue to provide its popular digital end-to-end supply chain services and tools to over 700 clients across North America, Latin America, Australia, New Zealand, Europe, the Middle East, and Africa. In parallel, DCU will play an important role in stage III of Liquid’s business solution engine, which covers integrated digital asset management of content for IP owners and creators of all sizes.
Digital Cinema United https://digitalcinemaunited.com/
Liquid Media Group www.LiquidMediaGroup.co