04.06.17

Digital Domain and CUC Sign Strategic Cooperation Agreement

For Establishing a New Digital Imaging Forum

(April 6, 2017, Beijing) Digital Domain Holdings Limited (Digital Domain, Stock Code: 00547), an industry pioneer dedicated to creating new visual effects and virtual reality (VR), and Communication University of China (CUC), held the Strategic Cooperation Agreement Signing Ceremony & Founding Ceremony of CUC and Digital Domain New Digital Imaging Forum (VR+AR+MR) in Beijing today, announcing that the two parties would carry out a series of strategic cooperation and jointly build a high-end VR talent cultivation platform in China. Peter Chou, Chairman of the Board of Digital Domain and Hu Zhengrong, President of CUC, attended the signing ceremony. The cooperation will effectively promote the accelerated development of China’s VR industry and provide valuable opportunities for the comprehensive communication of talents, technologies and resources in the industry.

The strategic cooperation will, centering on Digital Domain and CUC, gather the forces of various parties including government departments, industry associations, TV media, specialized video websites, live-streaming platforms, renowned TV and film companies, as well as outstanding enterprises and studios from both domestic and abroad to jointly formulate the industry standard for China’s new digital imaging industry and to promote the combination of “VR and traditional industries” on all sides. The purpose of this is to build diversified, open VR industry platforms including VR industry forums and two-way communication platforms for industry technology and talents.

Digital Domain and CUC will leverage their respective resource advantages to actively carry out academic exchange and communication activities and fully combine advanced technologies in the digital imaging field such as virtual reality (VR), augmented reality (AR) and mixed reality (MR) with Chinese TV series and films. Meanwhile, Digital Domain and CUC will jointly hold academic researches, education and training, program exchanges and other activities on the global level, to cultivate talents in the new digital imaging field and produce quality content for China’s immersive interaction industry.

In the context that China’s new digital imaging industry is in full swing, the strategic cooperation between Digital Domain and CUC will surely bring a broader VR learning and communication platform for excellent talents in the industry, facilitating the penetration of the new digital imaging culture into contemporary consumers’ everyday life, and injecting fresh blood and vitality in China’s media and cultural industry.

About Digital Domain

Digital Domain creates transportive experiences that entertain, inform and inspire. The company is a pioneer in many fields, including visual effects, livestreaming landmark events in 360° virtual reality, building situational awareness applications, creating “virtual humans” for use in films and live events, and developing interactive content. A creative force in visual effects and media applications, Digital Domain and its predecessor entities have brought artistry and technology to hundreds of motion pictures, commercials, video games, music videos and virtual reality experiences. Its groundbreaking visual effects appear in films such as “Titanic,” “The Curious Case of Benjamin Button” and blockbusters “Furious 7” and “Deadpool.” Staff artists have won more than 100 major awards, including Academy Awards, Clios, BAFTA awards and Cannes Lions.

Digital Domain has offices in Los Angeles, Vancouver, Beijing, Shanghai, Taipei and Hong Kong.  Digital Domain Holdings Limited is listed on the Hong Kong Stock Exchange (stock code: 547).

Digital Domain Holdings Limited: www.ddhl.com

Digital Domain 3.0: www.digitaldomain.com

About CUC

Communication University of China (CUC) is committed to the cultivation of high-level, inter-disciplinary and innovative talents. CUC has cultivated a great number of high-level talents in the information communication field, thus hailed as the “Cradle of Radio & TV and Media Talents in China” and “Renowned University in Information Communication”. At the signing ceremony, CUC will present its achievements in the cultivation of new digital media talents. The signing ceremony will facilitate the communication of multimedia talents and innovative technologies between Digital Domain and CUC, speeding up the innovation in the new digital media field.