Liquid Media Group (YVR) Stock Rockets On Partnership News

Liquid Media Group YVR Stock News

Liquid Media Group Ltd (NASDAQ: YVR) is running for the top in the market this morning, trading on gains of more than 60% early on. The gains come after the company announced that it has entered into a new partnership. Here’s what’s going on:

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YVR Stock Rockets On Partnership

In the press release, Liquid Media Group said that it partnered with digital agencies, Invoke and Arkitek/Creative, to drive the transformation of its streaming platforms. The firms involved in the engagement built strong reputations in the digital world. In fact, Invoke was the creator of Hootsuit.

Moreover, YVR said Invoke has made quantum computing accessible for D-Wave and empoered the audience of The Voice from NBC. Morover, Invoke serves customers like Viacom, Toyota, the NFL, the BBC, and the Food Network.

In a statement, Wes Deboer, Director of Technology at Invoke, had the following to offer:

Our commitment to creating the digital products of the future always starts and ends with the people that use them. We’re excited to work with this community of filmmakers and content creators as we uncover ’what comes next‘ and launch Liquid’s digital streaming platform reimagined for evolving consumer behavior and engagement in today’s new world.

The above statmenet was followed up by Joshua Jackson, Chairman of YVR. Here’s what he had to say:

Liquid is building the next destination for the creative community – from new and established festivals plus storied filmmakers to first-time content creators – and their audiences. The combination of expertise represented across our team and partners is tremendously exciting. We believe this talented group will help us bring the best tools to market by leveraging innovative technology that further enhances our streaming platform. Our aim is to release an incredibly vibrant offering that will drive us into the future while keeping both the filmmaker and the shared experience at the core.

This News Is Huge

At the end of the day, the news issued by Liquid Media issued early this morning is overwhelmingly positive. The company sees an opportunity in the streaming space, and in order to take advantage of that opportunity, it has contracted with two key players that have built names for themselves in tech.

All in all, with these new partners, there are likely several catalysts ahead, includig announcments surrounding the development of streaming tools, the launch of these tools, and more. As such, YVR should be on your watchlist.

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