Digital Domain Media Group Management to Host Second-Quarter Investor Conference Call on August 15
PORT ST. LUCIE, Fla.--(BUSINESS WIRE)-- Digital Domain Media Group (DDMG) will host a conference call on Wednesday, August 15, to discuss second quarter earnings. The company will issue a press release announcing second quarter results before the market opens on August 15. Management will also give general business updates on the new Virtual Performer business, Enders Game, The Legend of Tembo, and the Digital Domain Institute.
The company will also place specific emphasis on recent activity and plans related to the companys 3D stereoscopic conversion patent portfolio, as well as developments related to the companys recent decision to establish a formal process to evaluate certain proposals and consider strategic initiatives to increase shareholder value.
The conference call will begin at 11:00 EDT and will be broadcast live over the Internet, hosted at the Investor Relations section of the companys website at www.ddmg.co. The call can also be accessed via telephone by calling 866-362-4666 (U.S.) or 617-597-5313 (International) and using passcode 36507014.
An archived replay of the call will be available via webcast at www.ddmg.co. The replay will also be available for seven days by dialing 888-286-8010, or 617-801-6888 for international callers. The passcode for the telephone replay is 37157076.
About Digital Domain Media Group
Digital Domain Media Group leverages its expertise in digital visual effects (VFX) and computer-generated (CG) animation across a group of interrelated businesses. At its foundation is Digital Domain Productions (DDPI), an award-winning digital production company founded in 1993. This leading provider of visuals has contributed to more than 90 major motion pictures, including Titanic, the Transformers series, Pirates of the Caribbean: At Worlds End and TRON: Legacy, hundreds of commercials, and recently created the virtual likeness of rapper Tupac Shakur for Dr. Dres show at the Coachella Valley Music Festival. Mothership, a DDPI subsidiary, focuses on creating advertising, entertainment and branded content from concept to completion, across multiple media platforms. DDMG, its work and its employees have been recognized with numerous awards, including seven from the Academy of Motion Picture Arts and Sciences. The company is building on its success in VFX to participate as a co-producer in major productions and is currently co-producing the upcoming live-action sci-fi feature film Enders Game, as well as virtual likenesses for Elvis Presley that will be jointly owned by CORE Media Group and DDMG. DDMG also converts two-dimensional (2D) imagery to three-dimensional (3D) imagery and holds key patents in this area. The company is also applying its CG expertise to produce original, family-friendly animated feature films at its subsidiary Tradition Studios. The first movie, The Legend of Tembo, is in pre-production and two more features are in development. The companys education subsidiary, the Digital Domain Institute, sets a new standard in digital media education through a pioneering public-private partnership with The Florida State University College of Motion Picture Arts. DDMG is expanding its worldwide footprint of the highest quality visual effects and animation at the lowest possible cost through global partnerships in India and China. The company has studios in Los Angeles, San Francisco, Florida and Vancouver and is currently establishing studios in Beijing and Abu Dhabi. http://www.ddmg.co
Digital Domain Media Group
Shannon Burns, CFA, 772-345-8105
Vice President, Investor Relations
Julie Miller, 310-664-3412
Director, Communications & Marketing
Source: Digital Domain Media GroupCopyright Business Wire 2012