METAMEDIA ENTERTAINMENT NETWORK SURPASSES 3,000 SCREENS, ANNOUNCES GLOBAL PARTNERSHIP WITH HCL TECHNOLOGIES

December 17, 2021

 Upon securing a long-term partnership agreement with the leading global technology company HCL Technologies (HCL), MetaMedia, the world’s first global, cloud-based distribution platform for cinemas, drive-ins, and other out-of-home venues, today announced that it has expanded its entertainment network to more than 3,000 screens across the U.S. and Canada, covering all the top 50 cities.

“HCL is proud to support MetaMedia with its top-tier design, engineering and deployment services for its global expansion,” said Anil Ganjoo, Corporate Vice President, HCL Technologies. “HCL has enabled many media and entertainment companies to deploy disruptive technology platforms. MetaMedia’s platform for digital out-of-home entertainment programming and distribution is generating a lot of great industry attention and we look forward to helping them grow and succeed.”

“For our company born just last year, having access to 3,000 available screens is a significant milestone,” said Jason Brenek, CEO, MetaMedia. “Thanks to a number of critical, strategic partnerships, we’ve been able to continue to expand our network despite last year’s challenges. We’re excited to partner with HCL, which has a long, proven track record of assisting many reputable and successful tech companies scale globally.”

Despite a global pandemic and periodic industry shutdowns, MetaMedia, one of America’s fastest growing entertainment technology companies, announced that it has installed its cloud-based technology on 3,000 screens. MetaMedia attributes this milestone to several key partnerships with venues and premium content providers that utilize the MetaMedia network.

With a dedicated Microsoft business unit, HCL will develop, integrate and maintain solutions on the Microsoft Azure cloud platform for MetaMedia’s improved scalability, security, and functionality. MetaMedia’s partnership with HCL, which provides infrastructure, operations, and support for some of the world’s leading technology companies, will accelerate the company’s global expansion. Under the new agreement, HCL will provide MetaMedia with top-tier engineering teams to expand its platform’s capabilities and hardware support for a platform utilizing high performing Dell workstations. The expansion will include an interactive theater network as well as deployments into new international markets. HCL will also develop and operate a custom network operation center that will allow MetaMedia to monitor real-time platform performance, control remote cameras and microphones and facilitate theater-to-theater and studio-to-theater interactions. This technology will support marketing efforts, panel discussions, focus groups, corporate events, product introductions, e-sports and many other live events. HCL will also collaborate with MetaMedia to develop further groundbreaking services and products.

MetaMedia CTO Shai Priyadarshi added, “We picked HCL specifically because of their expertise in global platform development and management, as well as their worldwide reach with top-tier experts in all the countries we have targeted for our next wave of expansion.  Our new partnership with HCL ensures our infrastructure continues to keep pace with our rapid growth and helps us maintain the best-in-class service we provide for premium content providers, cinemas and other out-of-home venues around the world.”

At the core of this rapid growth is the MetaMedia Entertainment Network™, which provides for the secure, rapid, targeted and cost-saving cloud-based delivery of premium programming such as movies, live-streamed events and advertising. The network also expands content options and creates additional revenue streams saving venues and content providers valuable time and money. Over the last year, MetaMedia expanded the MetaMedia Entertainment Network™ via partnerships with several major global cinema operators, including Cinemark, Cinépolis, Landmark Cinemas of Canada, Emagine Entertainment, and the Independent Cinema Alliance (ICA) as well as a number of independently-owned drive-ins. Earlier this year, the company also partnered with Harena Data, Inc., a data analytics, league development and player management tool for the esports industry, and Encore Live’s Encore Drive-In Nights, which showcases live experiences from some of the world’s most iconic stars, such as Bon Jovi, at drive-in venues and select cinemas. In August, MetaMedia announced a groundbreaking partnership to bring Magic Screen, the world’s first interactive platform for animated and live content, to cinemas and other out-of-home venues around the world.

About MetaMedia: 
MetaMedia is an entertainment technology company that creates next-generation technologies and new revenue-generating opportunities for content producers and out-of-home venues. MetaMedia created and launched theMetaMedia Entertainment Network™ the first global, cloud-based distribution platform. Powered by Microsoft Azure, theMetaMedia Entertainment NetworkTM provides for the secure, rapid and cost-effective delivery of movies, live-streamed events, trailers and advertising, and other big-screen programming to cinemas, drive-ins, arenas, and other out-of-home venues. MetaMedia is headquartered in Los Angeles. For more information, please visit www.metamedia.global.

© 2021 MetaMedia Tech Inc., a Delaware Company.

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Jason Brenek

Chief Executive Officer

Leveraging two decades of senior executive experience across multiple sectors of the film and entertainment industry, Jason Brenek assembled a group of powerful industry leaders with incomparable experience and relationships to forge the building blocks of MetaMedia. As Chief Executive Officer of MetaMedia, Brenek focuses intently on realizing the operational, economic and programming benefits of creating a next-generation distribution network, which are mutually-beneficial to content producers and cinemas around the world.

Prior to MetaMedia, Brenek was President of IMAX HOME at the IMAX Corporation, where he led business and engineering teams around the world to develop and launch multiple new products, technologies, and platforms. Before IMAX, Brenek spent over a decade in senior management roles at The Walt Disney Studios. While serving as Senior Vice President of International In-Home and Head of Global Business Development and Strategic Partnerships, Brenek established partnerships with global brands including Netflix, Google, Amazon, Apple. and Samsung to distribute Disney-owned content across new digital/OTT platforms, television, and retail. Brenek previously served as Disney's Senior Vice President of Worldwide Digital Cinema and Cinema Programming, overseeing the company's global transition from analog to digital cinema. Brenek also developed and co-produced two Disney feature films and multiple live sporting events in cinemas with ESPN. Brenek received his Master of Business Administration from Harvard Business School and his Bachelor of Business Administration from the University of Texas at Austin.

Danny C. Stein

Chairman

Danny Stein is a seasoned, growth-oriented media and technology executive with 30 years of operating and investment experience across media, technology, and consumer businesses. Stein has managed across the full life-cycle of deal origination, deal execution, business building and exit for small and mid- cap public, private and distressed companies. Stein is a digital media innovator having built a portfolio of businesses as CEO of Dimensional Associates 2003-2014, including as the Executive Chairman of the Orchard Enterprises, a global music and entertainment company, specializing in media distribution and 1091 Pictures, a digital and theatrical distribution company. From 2015-2016, Stein was the Senior Vice President, Growth Investments of MacAndrews and Forbes Holdings, Inc., a company that acquires and manages a diversified portfolio of public and private companies across various industry segments.  In that role, Stein’s focus was on building and investing in digital media and technology-enabled businesses. Through MacAndrews and Forbes, Stein also served as President of New Media and Corporate Development at Deluxe Entertainment (a wholly owned subsidiary of MacAndrews of Forbes), responsible for Corporate Development, M&A, Strategy, Digital Media and Innovation.

Chuck Goldwater

President, North America

For over two decades, Chuck Goldwater has served as a senior executive in the entertainment and cinema exhibition industry which has earned him incomparable industry-wide trust and respect. As President, North America for MetaMedia, Goldwater draws upon his broad understanding and deep connections to exhibitors and studios across the country to create a robust network of exhibitor and studio partnerships for MetaMedia. He also applies his knack and experience for building successful entertainment startups to MetaMedia's growing infrastructure and success.

Prior to MetaMedia, Goldwater was co-founder and CEO at cinema chain New Vision Theaters. Before that, Goldwater served as Vice President of Strategic Initiatives at Carmike Cinemas, which acquired Digiplex Destinations, a cinema chain where Goldwater served as Executive Vice President and a member of the Board of Directors. At New Vision, Carmike, and Digiplex, Goldwater was an energetic and effective advocate for alternative programming and “event cinema” as a means of increasing seat utilization and creating incremental revenue for exhibitors. Before Digiplex, Goldwater was President of Cinedigm (formerly known as AccessIT), the company credited with deploying the first digital cinema infrastructure and electronic delivery network. Previously, Goldwater was selected by the then seven largest Hollywood studios to serve as Chief Executive Officer of Digital Cinema Initiatives (“DCI”), a joint venture that created the industry-wide specifications and the technical quality and security architecture for digital cinema systems. Goldwater was also inducted into the industry’s ShowEast Hall of Fame and is a Will Rogers/Motion Picture Pioneers Foundation Board Advisory Member.

Shaiwal “Shay” Priyadarshi

Chief Technology Officer (CTO)

A dynamic inventor with over a dozen patents, Shaiwal "Shay" Priyadarshi is a trusted leader and mentor to high-performing tech teams, executives and business partners. For over 25 years, Priyadarshi has assembled and led front-end and back-end engineering teams, developed market-leading products and intellectual property that spans from embedded systems and data centers to leading cloud platforms such as Amazon Web Services, Microsoft Azure, Google Cloud Platform and Oracle Cloud. As chief technology officer (CTO) for MetaMedia, Priyadarshi continues to maintain his exemplary track record of overseeing innovative products from concept to delivery.

Prior to MetaMedia, Priyadarshi was CTO of IMAX Home, where he developed the world's highest-quality, internet-delivered video playback system needed to support IMAX Corporation’s pioneering technologies. Before IMAX, he served as CTO of PRIMA Cinema where he led the research, development and approval processes of the world's first and only movie service that was authorized to distribute new Hollywood movies to private home theaters. And previous to PRIMA Cinema, he worked as director of engineering at DivX, where he led the development of new technologies that power many leading streaming services today. Priyadarshi received his Bachelor of Engineering in Computer Science and Electronics from the University of Edinburgh, Scotland.