| [May 11, 2012] |
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Digital Domain Media Group Management to Host First-Quarter Investor Conference Call on May 16, 2012
PORT ST. LUCIE, Fla. --(Business Wire)--
Digital Domain Media Group (NYSE:DDMG) will host a conference call on
Wednesday, May 16, to discuss first quarter earnings. The company will
issue a press release announcing first quarter results before the market
opens on May 16. Management will also discuss:
- continuing developments and strategic opportunities related to the new
Virtual Performer business,
- the company's Memorandum of Understanding with Abu Dhabi and its
planned announcement event on May 21 at the Cannes Film Festival, and
- the company's receipt of unsolicited, preliminary indications of
interest with respect to potential strategic transactions with the
company.
In addition, management will give updates on Ender's Game, The
Legend of Tembo and the Digital Domain Institute.
The conference call will begin at 11:00 a.m. EDT and will be broadcast
live over the Internet, hosted at the Investor Relations section of the
company's website at www.ddmg.co.
The call can also be accessed via telephone by calling 866-356-3093
(U.S.) or 617-597-5381 (International) and using passcode 59159073.
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 46244370.
About Digital Domain Media Group
Digital Domain Media Group (DDMG:NYSE) leverages its expertise in
digital visual effects (VFX) across a group of interrelated businesses.
At its foundation is Digital Domain Productions, an award-winning
digital production company founded in 1993. This leading provider of
computer-generated (CG) effects has created visuals for more than 90
major motion pictures, including Titanic, the Transformers
series, Real Steel and TRON: Legacy, as well hundreds of
commercials. The company, 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 producer in major studio co-productions and
is currently in production on the upcoming live-action sci-fi feature
film Ender's Game. DDMG 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
company's 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 global 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, Vancouver, Mumbai and London, and is currently
establishing a studio in Beijing. http://www.ddmg.co

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