Your Monday Update On Nasdaq Tech Profile (YVR)
On the heels of breaking news this morning, YVR is currently up an approximate 10%.
Making a move from Friday's close of $1.67, YVR shot all the way up past $2.09 at the opening bell for a run of 25%.
Also, YVR has hit a high of $2.20 after the opening bell so far for a run of 31% from Friday's close.
Read the full article here:
Liquid Media Commercializes Four Retro Games, Inks New Publishing Deal With Throwback Entertainment
VANCOUVER, British Columbia, Oct. 26, 2020 (GLOBE NEWSWIRE) -- Liquid Media Group Ltd. (the “Company”, “Liquid Media” or “Liquid”) (Nasdaq: YVR) has completed emulation of four retro video games, completing the commercialization process and advancing the monetization phase. The games -- Kwirk, Dirt Trax FX, Blast Works: Build, Trade, Destroy, and BlowOut -- are rolling out worldwide on popular PC platforms including Xbox and Steam. To make these titles rapidly available for gamers around the globe, Liquid has joined forces with Throwback Entertainment Inc. (“Throwback”) as publisher, expanding the existing relationship between the two companies. Liquid will also publish Dirt Trax FX via its partnership with Polycade.
“Demand for retro gaming continues to grow worldwide,” said Daniel Cruz, Chief Financial Officer of Liquid. “With the expansion of Switch Online by Nintendo, the Atari VCS and more hardware being produced than ever before, we believe Liquid’s new partnerships with Throwback and Polycade will help us sell and get our titles in front of more gamers than ever before.”
Polycade was invented by Tyler Bushnell, the son of Atari co-founder Nolan Bushnell, and enables retro-enthusiasts to play classic games like Liquid’s Dirt Trax FX in the 21st century.
Throwback has existing relationships with key distribution platforms such as Valve’s Steam, GOG.com (part of the CD Projekt Red group), Nintendo, Sony, Microsoft, Atari and many others.
“We are excited to be working with Liquid to further advance their retro gaming commercialization strategy. Retro is in our DNA and together we believe our companies can offer incredible gaming experiences and capture the imaginations of millions of people around the world,” said Andrew Cowling, IT and Distribution Manager for Throwback. “Fans can purchase BlowOut on Steam and Xbox today, and on other platforms in the coming weeks. The other titles are also scheduled to roll out on other PC platforms with those same Q4 timelines.”
“C19 has pushed the expectation of timing for digital strategies to the present,” adds Cruz. “It takes time to reboot retro games, yet Liquid has successfully delivered titles for mobile devices as well as a diversified slate of PC platforms. We are excited to continue advancing our retro gaming portfolio and to be working with Throwback to unlock more sales from our retro library.”
With this news, YVR is now trading over its 5-Day Simple Moving Average at current levels.
If you haven't yet, read my initial YVR report below.
With more and more people isolating and distancing due to the pandemic, people are on their phones gaming more and trying to find creative ways to keep themselves occupied.
CV-19 has also created a pressing need in the rapidly growing Virtual Reality market. The VR market could grow by nearly $14Bn over the next 5 years. It is also anticipated to grow at a CAGR of 27.9% from 2020 to 2025.
The Artificial Intelligence market is expected to grow even more, nearly doubling over the next 1-2 years with a CAGR of 42.2% over the next 7 years.
Cloud computing is powering the world and has become as crucial as power, water, and money.
With its strategic acquisitions and partnerships,
Liquid Media Group Ltd. (YVR)
has gained leverage in these sectors, and is poised to potentially become the next tech juggernaut.
Liquid Media Group Ltd. is an entertainment company with a strong portfolio of content intellectual property (IP) spanning creative industries. Originating in Vancouver’s media and entertainment supercluster, Liquid’s mission is to empower storytellers worldwide to develop, produce and distribute content across channels and platforms.
AI Is Prospering And Revolutionizing The World
The widespread adoption of Artificial Intelligence has been one of the biggest stories of innovation over the 2010s, and its continuous growth and widespread adoption will revolutionize the world in the 2020s. Every tech giant of today - Amazon, Google, Apple, Microsoft, Facebook, IBM, Tesla - is investing significant time, money, and resources, to develop AI, and make it more widely used and accessible. Due to these tech giants devoting so many resources to the growth of AI, AI is becoming widely used in every industry, from automotive, healthcare, retail, finance, and manufacturing.
AI is powering the innovation of self-driving cars, is developing innovative and life-saving medical equipment, and is proving to be a valuable commodity to help “prevent, mitigate, and contain” the c-virus. Alibaba, for example, developed a diagnostic algorithm that can detect new virus cases with a CT scan, and Canadian start-up BlueDot predicted the outbreak of the virus with AI technology months before anyone else.
The AI market is already expected to nearly double over the next 1-2 years, with a CAGR of 42.2% over the next 7 years. With the way the world has changed over the last 6 months, AI is expected to be “infused virtually to every apparatus and program” and has already proven to be the significant revolutionary element of this modern era.
Cloud Computing- A Key To Worldwide Infrastructure Today And Tomorrow
Cloud computing has been a fledgling industry for years. However, just like Mobile Gaming, VR, and AI, it has grown in size and importance rapidly due to C-19.
Cloud computing has proven to be very important to worldwide infrastructure, and keeping day to day operations as normal as possible during the pandemic. This sector deals with on-demand availability of computer based resources, namely the storage of big data, communication services, infrastructure, and computing power. Cloud computing was already becoming widely adopted in the decade before c-virus. However, according to the MIT Technology Review, “the key to survival during c-19 has been a rapid revamp of IT infrastructure in search of new business models and ways of working.
Liquid Media Group Ltd. (YVR) Is A Company That Could Excel In These Sectors
YVR is a Vancouver, Canada based firm, with a strong footprint in the future of this revolutionary digital age.
YVR operates as a media and entertainment company, and produces content for various platforms, including film, TV, gaming, and VR through its network of shared services. It also develops mobile, console, and desktop downloadable games, and has initiated several strategic partnerships in the cloud IT infrastructure space as well.
Strategic Partnerships = Huge Potential Catalysts
In the last 3+ months, YVR has been making moves to say the least. With several strategic partnerships agreed to, the company is showing its potential to become a tech juggernaut in the years to come.
Here's what you need to know now:
#1. Strategic Partnership - Polycade
Liquid Partners With Polycade to Release Retro Gaming Titles
VANCOUVER, British Columbia, Sept. 30, 2020 (GLOBE NEWSWIRE) -- Liquid Media Group Ltd. (the “Company”, “Liquid Media” or “Liquid”) (Nasdaq: YVR) is pleased to announce a partnership with Tyler Bushnell’s Polycade, the connected arcade platform invented by the son of Atari co-founder Nolan Bushnell, which enables retro-enthusiasts to play classic games in the 21st century.
"Partnering with Polycade creates an immediate revenue stream for Liquid. It also successfully executes on our direct-to-consumer model by leveraging Polycade’s innovative emulator software to bring beloved retro games to ultra-modern arcade consoles,” said Daniel Cruz, CFO of Liquid.
Under the agreement, all of Liquid’s retro gaming titles will be made available for the Polycade Game Store launching this fall. Liquid’s retro games will also be available via Polycade commercial models, which can be installed in virtually any business and come preloaded with classic titles.
Read the full article here.
#2. Strategic Partnership - Arcana Studios
Liquid Media Partners with Arcana Studios, Grows Video on Demand Content
VANCOUVER, British Columbia, Aug. 18, 2020 (GLOBE NEWSWIRE) -- Liquid Media Group Ltd. (the “Company”, “Liquid Media” or “Liquid”) (Nasdaq: YVR) is pleased to announce the ongoing addition of content to its Reelhouse Animation Playlist, the Company’s Video on Demand (“VOD”) service focusing on beautifully crafted animated stories. This latest growth to the Reelhouse content library comes via a partnership with Arcana Studios (“Arcana”), an entertainment company founded by Sean O’Reilly in 2004.
O’Reilly, who the legendary Stan Lee once referred to as a “version of myself,” has created a library of 11 internally developed titles and over 5,000 characters within Arcana. The Arcana titles hosted on Reelhouse are expected to continue expanding the platform's footprint across content verticals, reaching new audiences, and delivering quality content as the streaming platform grows its reputation.
Read the full article here.
#3. Strategic Partnership - YDX Innovation
Liquid Media to Add More Virtual Reality Content to Streaming Platform in Partnership with YDX Innovation
VANCOUVER, British Columbia, July 30, 2020 (GLOBE NEWSWIRE) -- Liquid Media Group Ltd. (the “Company”, “Liquid Media” or “Liquid”) (Nasdaq: YVR) is pleased to announce an extension of its partnership with YDX Innovation Corp. (“YDX”) to provide virtual reality (VR) content for Liquid’s Reelhouse streaming platform.
“We believe Reelhouse is in a unique position to be one of the main streaming platforms for VR films and experiences, direct to consumers,” said Daniel Japiassu, CEO of YDX Innovation. “Right now, access to VR films is mostly done in location-based centers or at film festivals like Venice, Cannes or TIFF. YDX is immersed in the VR community, and can provide great content to Reelhouse VR. We see this as an opportunity to strengthen our relationship with Liquid, a company that we love to work with, while bringing innovative stories to audiences.”
Read the full article here.
#4. Strategic Partnership - Invoke and Arkitek/Creative
Liquid Media Partners with Creators of Hootsuite to Advance Company’s Streaming Platform
VANCOUVER, British Columbia, July 22, 2020 (GLOBE NEWSWIRE) -- Liquid Media Group Ltd. (the “Company”, “Liquid Media” or “Liquid”) (Nasdaq: YVR) is pleased to announce the engagement of two renowned digital agencies, Invoke and Arkitek/Creative, to drive the transformation of its streaming platform. These firms have built their reputations serving the who’s who of the entertainment world. Notably, Invoke created Hootsuite, the industry-changing social media management platform, which is now used by over 800 Fortune 1000 companies, has a current user base upwards of 15Mn and an estimated valuation of USD$1-Bn.
Read the full article here.
YVR's 3-Month Chart And Key Technical Indicators