Digital Domain Forms Alliance with CTi TV

HONG KONG, June 1, 2016 /PRNewswire/ -- Digital Domain Holdings Limited (the "Company" or "Digital Domain"; SEHK stock code: 547), creator and technology proprietor of visual effect contents and the parent company of the award-winning visual effects company Digital Domain 3.0, is pleased to announce that the Company is entering an alliance with CTi Television Inc. ("CTi TV"), one of the most influential media companies in Taiwan, to launch a 360 live news streaming application that is the very first of its kind in Asia -- "Be PO TV". With Digital Domain's "360 live news streaming" technology, the application will bring audience into the scenes of live news having an immersive experience of the news reporting, and thus opening up a new era in media technology.

At today's press conference for the launch of "Be PO TV" held at CTi TV's headquarter, Digital Domain's "360 degree panoramic view live news" technology was used to connect with Kaohsiung Chengcing Lake Baseball Stadium, giving audience a live broadcast of the wonderful performances and classic dances of the players of EDA Rhino, a famous baseball team in Taiwan. The 360 live streaming technology makes audience feel like being in the stadium in person. "Be PO TV" will combine the 360 live streaming technology with news broadcast. With support from 27 patented technologies, "Be PO TV" will broadcast live events without any post-production. Users will be able to view the instant news of any significant events or exciting activities with no interruption. 

Digital Domain also showcased a fully CG rendered experimental short film "Evolution of Verse" in the VR experience zone during the press conference, a 360 degree virtual reality world that poetically takes the viewer from reality to virtual reality.

The collaboration of Digital Domain and CTi TV marks the powerful alliance forged between cutting-edge Hollywood technology and an influential global Chinese media. Channels of CTi TV can be watched in two thirds of the regions around the world. CTi TV also stands as the earliest professional integrated media in Taiwan setting foot across television, print and online channels. Digital Domain and CTi TV first joined forces in 2015 through the application of 360 shooting and virtual reality technology during the last shooting day of "Kangxi Lai Le", one of the most popular variety shows in Greater China. Various 360 degree cameras were used to capture every exciting moments of the iconic show, becoming the first variety show in Taiwan to record and broadcast 360 degree content, impressing the audience with stunning visual experience, while setting a sound foundation of the long-term partnership between Digital Domain and CTi TV.

Mr. Seah Ang, Daniel, Executive Director and Chief Executive Officer of Digital Domain said, "This year marks the beginning of the new era of virtual reality, and we are well-poised to seize this immense market opportunity to apply our technologies to all areas, going against the traditional rules to reposition entertainment, news, movies, TV, games, etc. 'Be PO TV' is an important step for us in the virtual reality market in Taiwan, bringing our audience an immersive experience of news reporting with our 360 live streaming and virtual reality technology, enabling us to present more authentic news content to our audience. We believe that the collaboration with CTi TV can fully capitalize the strengths of both companies in the creation of more high-quality immersive media contents, and the promotion of the virtual reality industry development, creating a brand new experience for audience in Greater China and around the world."

Mr. Yongjui Ma, Chairman of CTi TV said, "Following our first collaboration on 'Kangxi Lai Le', we are honored to work with Digital Domain once again in developing Asia's first 360 live news streaming application, taking news broadcast to the next level and bringing a new approach of viewing news reporting to our audience. CTi TV possesses an extensive broadcast network, strong editorial capabilities, and is one of the most influential media in Taiwan and among Chinese communities around the world. Our 24-hour news channel offers the most efficient and authoritative quality news coverage. The use of Digital Domain's advanced technology in our collaboration leads our audience to the forefront of news reporting, bringing a revolutionary change to media live streaming."

Mr. Seah Ang, Daniel, Executive Director and Chief Executive Officer of Digital Domain (second from left), and Mr. Yongjui Ma, Chairman of CTi TV (second from right) announcing the launch of "Be PO TV" Application.

360 live streaming vehicle of "Be PO TV".

Celebrities from "Good Times", a famous TV drama in Taiwan, experiencing virtual reality technology.

About Digital Domain
Digital Domain Holdings Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited (HK stock code: 547). Digital Domain is a diversified investment holding company with its operating and investment businesses spanning Hong Kong, the United States, Canada, Mainland China and other countries/regions, encompassing such businesses as media entertainment, visual effects production, co-production of movies, property investment, trading, etc.

On 4 July 2013, the Group acquired Digital Domain 3.0 Group that comprises Digital Domain 3.0, Inc., Digital Domain Productions 3.0 (BC), Ltd. and Mothership Media, Inc. Digital Domain 3.0 Group has a history of about 20 years and has manifested itself as the leading digital production company. Being one of the biggest VFX service providers in the US media industry, it is mainly engaged in the production of digital visual special effects, animations and movies.

Corporate Website: www.ddhl.com

About CTi Television Inc.
CTi Television Inc. ("CTi TV") is a satellite television station in Taiwan, with three domestic broadcast channels namely CTi News, CTi Variety and CTi Entertainment; as well as two overseas broadcast channels, CTi Asia and CTi North America. CTi TV's programs are broadcast to audience in the United States, Japan, Australia, Singapore, etc. CTi TV is committed to providing quality programs to the global Chinese communities. It is the only media platform in Taiwan setting foot across print, online and television platforms, offering services in the areas of culture, entertainment, news and information. It is a full range media group with businesses spanning across communications, arts and leisure, technology industry, etc.

Corporate Website: www.ctitv.com.tw

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