Benzinga | Mar 3, 2021 11:04AM EST

Liquid Media Shares Are Trading Higher On Distribution Agreement With Atari

* Business solutions company Liquid Media Group Ltd (NASDAQ: YVR) inked a distribution agreement with interactive entertainment producer Atari.

* The financial terms of the deal were not disclosed.

* Liquid's video-on-demand distribution platform SlipStream will be downloadable on the all-new Atari VCS(tm) PC/console hybrid under the arrangement.

* The systems are available for preorder at GameStop.com and AtariVCS.com.

* The arrangement is expected to enable forward transformative innovation, a recalibrated business strategy, and broader exposure for Liquid's Slipstream service, known as the Netflix Inc (NASDAQ: NFLX) for outdoor adventure films, and its Reelhouse video community as per Liquid CEO Ronald W. Thomson.

* Price action: YVR shares are trading higher by 5.9% at $1.88 on the last check Wednesday.