This long-term agreement will strengthen D-BOX’s presence in Los Angeles and increase the capacity and speed of haptic content output. It will also allow us to solidify our business relationships with major film studios and large movie exhibitors in the United States, and to benefit from LADB’s local business network with studios and more specifically with emerging streaming platforms.
For almost 20 years, LADB has been an innovator in the entertainment industry. The company is recognized by members of the Academy of Television Arts & Sciences for its specialized, rapid turnaround services for major Hollywood studios, producers, directors, production companies and agencies. In an industry where the protection and confidentiality of film content are crucial, LADB is the only post-production company worldwide to have three concurrent ISO certifications in addition to being part of the TPN (Trusted Partner Network) vendor roster. Since accessibility to haptic content is essential to the realization of D-BOX’s consumer strategy, it intends to build on LADB’s recognized expertise and available resources in order to accelerate and increase the development of its haptic content.
“LADB maintains lean and secure operations by leveraging technology and automation which in turn allows us to offer cost effective solutions to our clients. We have always kept with the pace of developments in the entertainment industry to keep us competitive. Our partnership with D-BOX will allow LADB to increase utilization of our secure content delivery capabilities and resources,” said Eric Collins, President and CEO of LADB.
“D-BOX has been looking for an ideal partner, based in California, close to movie exhibitors and major studios, that it could count on to shift into high gear. LADB has a clear ability to support us in this regard, and it is also very close to the emerging global video streaming market, which is an undeniable attraction for D-BOX in its quest to reach the consumer market,” said Sébastien Mailhot, President and CEO of D‑BOX. “COVID-19 has accelerated the craze for home entertainment and the company intends more than ever to position itself to meet the demand and capitalize on this opportunity.”
Consumer spending on home entertainment through streaming services and video-on-demand in the United States reached $25.2 billion in 2019, rising 25.7% in the first half of 2020. By launching several consumer products in 2021, D-BOX is positioning itself more than ever in this very promising sector.
About Los Angeles Distribution & Broadcasting, Inc. (LADB)
LADB is a secure digital media and content processing company known for its quality and rapid turnaround services. LADB has the only facility of its kind with three ISO certifications in addition to its CDSA certification and MPAA Awareness program. LADB serves more than 200 clients, including the major Hollywood studios. For more information, please visit www.ladb.com.LADB est une société de traitement de contenu et de médias numériques sécurisés reconnue pour sa qualité et la rapidité de ses services de traitement. LADB est la seule installation possédant trois certifications ISO en plus de sa certification CDSA et de son programme de sensibilisation MPAA. LADB sert plus de 200 clients, y compris les grands studios hollywoodiens. Pour plus d'informations, veuillez visiter www.ladb.com.
D-BOX creates and redefines realistic, immersive entertainment experiences by moving the body and sparking the imagination through motion. D-BOX has collaborated with some of the best companies in the world to deliver new ways to enhance great stories. Whether it’s movies, video games, virtual reality applications, themed entertainment or professional simulation, D-BOX creates a feeling of presence that makes life resonate like never before. D-BOX Technologies Inc. (TSX: DBO) is headquartered in Montreal with offices in Los Angeles, USA and Beijing, China. D-BOX.com.
FOR FURTHER INFORMATION, PLEASE CONTACT:
D-BOX TECHNOLOGIES INC.
Vice President, Marketing and Communication
450-442-3003, ext. 373
Chief Financial Officer
450-442-3003, ext. 296
LOS ANGELES DISTRIBUTION & BROADCASTING, INC.
President and CEO