Market Newsdesk

Bank of Southern California Names Thomas G. Dolan Chief Financial Officer

SAN DIEGO–(BUSINESS WIRE)–
Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, announced today the appointment of Thomas G. Dolan as Executive Vice President, Chief Financial Officer. In his new role, he will continue to serve as a key member of the executive leadership team and will lead financial planning and analysis, accounting, investor relations, and capital management.

Mr. Dolan brings extensive experience providing strategic and operational leadership in highly entrepreneurial, growth-oriented financial institutions and will be instrumental in the company’s future growth. He joined the company earlier this year as Executive Vice President, Chief Strategy Officer. Previously, he held the position of Executive Vice President, Chief Financial Officer at Los Alamos National Bank. Prior to that, he served as Executive Vice President, Chief Operating Officer of Anchor BanCorp Wisconsin Inc., where he provided the executive oversight of Finance, in addition to leading key central departments, including Strategic Planning, the Project Management Office, Information Technology, and Mortgage Banking.

“As part of the ongoing growth and evolution of our organization, I am pleased to appoint Tom as CFO,” said Nathan Rogge, President and CEO of Bank of Southern California. “Tom is a seasoned senior-level executive with more than 37 years of financial experience spanning the banking and specialty finance industries. His depth of experience covering strategic financial management, financial analysis, business planning, and more, will be beneficial in reaching the Bank’s full potential,” concluded Rogge.

Jim Burgess will assume the role as Deputy Chief Financial Officer. Mr. Burgess joined the Bank in 2011, and previously held the position of Executive Vice President, Chief Financial Officer. In his new position, he will continue to play a key role in managing and controlling the organization’s financial processes, policies, and procedures, all while managing and developing the team. “Jim has been an asset to the organization over the years, and I look forward to working with him as we continue to grow the organization,” said Thomas Dolan.

About Bank of Southern California

A growing community bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, CA, is locally owned and managed, and offers a range of financial products to individuals, professionals and small-to-medium sized businesses. The Bank’s solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates branches in San Diego County, Los Angeles County, Orange County, San Bernardino County, and the Coachella Valley in Riverside County. For more information, please call 844.BNK.SOCAL or visit https://www.banksocal.com/.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201207005097/en/

Amanda Conover

Bank of Southern California

[email protected]

858.847.4762

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Banking Professional Services

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Free Budgeting Tools from Regions for a ‘Cheerful and Bright’ Holiday

Regions Next Step helps people save more, spend wisely and prepare for the new year.

BIRMINGHAM, Ala.–(BUSINESS WIRE)–
While many people face ongoing financial challenges prompted by the coronavirus pandemic, the hope of spreading good cheer remains strong. The holiday shopping season is under way, and free resources are available to help consumers build and manage their budgets.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201207005072/en/

According to a recent survey conducted for Regions Next Step, Regions Bank’s financial education program, most people could use the help. The survey found nearly half (48%) of respondents had a 2020 holiday budget or planned to create one. Yet, only 14% described their budget as ‘Cheerful and Bright,’ meaning they were fully prepared with a formal budget.

Further, 16% described their budget as ‘Building a Snow Fort,’ meaning they had a budget, but it needed to be adjusted. And nearly one in five (18%) described their budget as a ‘Melting Snowman,’ meaning they didn’t have a budget, though they planned to create one at some point.

Other key findings from the survey, conducted this fall, include:

• Spending money was ranked as the most stressful factor by 34% of respondents, more than organizing gatherings or picking out gifts.
• Also, 37% of respondents anticipated spending less in 2020 compared to 2019.
• Among those making cuts to save money, the top area for scaling back is gift-giving (61%), with those between the ages of 35 and 54 being the most likely to decrease spending in this area.
• Additionally, nearly half (49%) plan to cut back on travel for vacations or visiting family or friends.
• The survey also revealed many people plan to cut back spending on decorations and gatherings (both 43%).

“Holiday festivities and budgets look different this year due to COVID-19, but with thoughtful planning and a formal holiday budget, people can spend less time worrying about money and more time celebrating with loved ones,” said Joye Hehn, Next Step financial education manager for Regions. “At Regions, we are committed to providing free tools and resources people need to be financially prepared for the holiday season and starting the new year off right.”

Specifically, Regions Next Step recommends the following:

• Plan and track spending. A holistic holiday spending plan that accounts for everything from gifts and entertaining to decorations and travel, can help with staying on budget. Use the worksheet linked here to create a holiday budget and track purchases.
• Be realistic. Figure out how much you can reasonably spend during the holidays without incurring debt. Learn strategies to avoid overspending this holiday season in the article linked here.
• Get creative to maximize savings. Thinking outside the box can help reduce spending. Create homemade, DIY gifts. Check to see if credit card points or rewards are available to help cover costs. And try alternatives to traditional gift-giving like white elephant exchanges (to re-gift that thing you’ll never use in a million years) or donating to charity. More savings tips are in the article linked here.
• Protect your purchases. Thieves, hackers and scam artists don’t take the holidays off. Whether you’re shopping online, or out and about, keep these safety precautions in mind.

Visit Regions.com/NextStepHoliday for more tips and resources on planning, budgeting and saving for the holidays. The information is free and available to anyone, regardless of whether you have a Regions account.

The Regions Next Step omnibus survey questions were part of a national online survey that took place between Oct. 13-14, 2020. The survey reached 1,140 U.S. adults. The results are weighted and are representative of all U.S. adults (18+).

About Regions Financial Corporation

Regions Financial Corporation (NYSE:RF), with $145 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,400 banking offices and 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201207005072/en/

Media Contact:

Veleka Finch

Regions Bank

205-264-4551

Regions News Online: regions.doingmoretoday.com

Regions News on Twitter: @RegionsNews

KEYWORDS: United States North America Alabama

INDUSTRY KEYWORDS: Finance Consulting Banking Professional Services Other Professional Services

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Regions Next Step offers budgeting insights for anyone, regardless if they’re a Regions customer. (Photo: Business Wire)

CyberLink Launches its Award-Winning Video Editing Software, PowerDirector 365, for macOS – Bringing a Game-changing, Rich yet Intuitive New Solution to Mac Users

macOS users can now enjoy the exciting tools, features, and subscription benefits that have made the multi-award winning PowerDirector 365 video editor of choice for enthusiasts and creative professionals around the world for over 20 years.

TAIPEI, Taiwan–(BUSINESS WIRE)–CyberLink Corp. (5203.TW) today announced the first macOS release of PowerDirector 365, CyberLink’s flagship video editing software for content creators, enthusiasts, and professional users. With hundreds of video editing tools, a wealth of built-in effects, and the added subscription benefits, users of all levels can create outstanding videos for everything from school projects and social media to a full, end-to-end video production.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201207005050/en/

PowerDirector, a multi-award winning video editor, has been the choice of Windows users of all levels for over a decade. The highly-rated Android and iOS app versions have been downloaded more than 130 million times. PowerDirector 365 for macOS provides a wide range of tools and features to inspire the needs of any content creators. Users can access professional tools such as keyframes and Hollywood-style green screens or tune the most intricate details with an unmatched array of masking, blending, and title-designing features. The 365 subscription offers unlimited access to all CyberLink design-packs for sound effects, background music, LUTs, and artistic templates. All these features come at highly-competitive and flexible pricing options.

“Artists and content creators widely embrace the mac platform, and Apple’s expansive offering makes its computers more accessible than ever to creative-minded casual users, enthusiasts and students,” said Dr. Jau Huang, CEO of CyberLink. “PowerDirector 365 for macOS follows CyberLink’s celebrated philosophy of developing highly optimized software and making them accessible to the widest audience possible. With our first macOS version of PowerDirector, we are delighted to provide users with powerful, yet easy-to-use video editing tools, and a streamlined production workflow that shortens the learning curve, leaving more time to bring creative ideas to life.”

PowerDirector 365 for macOS – List of Key Tools and Features

Precision Design Tools:

• Video Collage Designer
• PiP Designer
• Title Designer
• Subtitle Room
• Crop, Zoom & Pan Tools
• Blending Mode
• Mask Designer
• Effects Room
• Speed Controls
• Keyframe Setting Room
• Transition Room

Professional Video Editing Features:

• Video Pre-cut
• Multi-sample Chroma Key
• Produce Image Sequence
• Correct Distortions (lens, color)
• 4K Video Editing Preview
• Audio Scrubbing
• Library Preview
• Extra-large Thumbnail Preview
• Reverse Timeline Order
• Undock Library & Timeline

Monthly Design Packs:

PowerDirector 365 offers users an ever-growing collection of animated titles, transitions, color presets and music to fulfill their creative vision. Subscription allows users to get access to new design packs every month.

• Unlimited access to CyberLink premium plug-ins & effects for video editing
• CyberLink Premium Content Packs
• Bloggers Social Media Pack ▪ Content Pack Premium 1, 2, 3, 4, 5 ▪ Lens Flare Blending Pack ▪ Light Leak Overlay Pack ▪ Holiday Pack v11 ▪ Urban Minimalist LUTs Pack

Versions & Pricing

Choose Your PowerDirector 365 for Mac Subscription Plan

• 1 month: US$19.99
• 12 months: US$69.99

Follow Our Social Media to Get Inspired

Instagram: https://www.instagram.com/powerdirector_app/

YouTube Channel: https://www.youtube.com/powerdirectorofficial

Product Availability

The above products are available online at the CyberLink online store and in selected retail outlets worldwide in the following languages: English, French, German, Italian, Spanish, Dutch, Chinese (Simplified and Traditional), Japanese and Korean.

About CyberLink

Founded in 1996, CyberLink Corp. (5203.TW) is the world leader in multimedia software and AI facial recognition technology. CyberLink addresses the demands of consumer, commercial and education markets through a wide range of solutions, covering digital content creation, multimedia playback, video conferencing, live casting, mobile applications, and AI facial recognition.

CyberLink has shipped several hundred million copies of its multimedia software and apps, including the award-winning PowerDirector, PhotoDirector, and PowerDVD.

With years of research in the fields of artificial intelligence and facial recognition, CyberLink has developed the FaceMe® Facial Recognition Engine. Powered by deep learning algorithms, FaceMe® delivers the reliable, high-precision, and real-time facial recognition that is critical to AIoT applications such as smart retail, smart security, and surveillance, smart city, and smart home.

For more information about CyberLink, please visit the official website at www.cyberlink.com

All companies and product names mentioned herein are for identification purposes only and are the sole property of their respective owners. Copyright © 2020 CyberLink Corp. All rights reserved.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201207005050/en/

Corporate: Steven Lien at [email protected] or by phone at: +886-2-8667-1298, ext. 2468

CyberLink Japan: Hiroyuki Imazawa at [email protected] or by phone at +81-3-5875-6650

CyberLink USA: Alexi Foster at [email protected] or by phone at +1 (646) 571-0120

Germany: Stefan Winter at [email protected] or by phone at +49-531-3873316

France: Laëtitia D’Urso at [email protected] or by phone at +33-(0)1 79 30 90 39

United Kingdom: Steven Lien at [email protected] or by phone at: +886-2-8667-1298, ext. 2468

KEYWORDS: Taiwan Asia Pacific

INDUSTRY KEYWORDS: Technology Retail Audio/Video Social Media Search Engine Marketing Blogging Online Retail Other Technology Public Relations/Investor Relations Marketing Software Communications Internet Hardware

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CyberLink Launches its Award-Winning Video Editing Software, PowerDirector 365, for macOS – Bringing a Game-changing, Rich yet Intuitive New Solution to Mac Users (Photo: Buisness Wire)

Arkansas Awarded Digital States Survey Citizen Centric Award

State recognized for providing digital services that engage citizens and businesses

LITTLE ROCK, Ark.–(BUSINESS WIRE)–
The Center for Digital Government (CDG) announced Arkansas as a recipient of the Digital States Survey 2020 Citizen Centric award. As one of only three states to receive the award, Arkansas was recognized for its focus on providing mobile and digital services that engage individuals and businesses in government interactions.

“We’re very honored to be recognized for our continued efforts to use technology to improve delivery of services to Arkansans,” said Amy Fecher, Secretary of Transformation and Shared Services. “With more than 68% of citizens accessing state websites from mobile devices, it is important that we continue to find more ways to connect government to the public using online services.”

As the focus on providing contactless mobile and digital services to Arkansas citizens continues to expand, state and local government entities also benefit from the library of more than 1,000 digital government solutions and cloud-native platforms built in partnership with the State’s official digital government services partner, NIC Arkansas. By working alongside state government entities to help web-enable their information and services, NIC Arkansas can quickly reconfigure what was built for one government entity to work for another, allowing for rapid expansion of digital services to citizens.

“NIC Arkansas is thrilled to see our partner’s work recognized nationally yet again, especially in the Citizen Centric category,” said Bob Sanders, General Manager of NIC Arkansas. “Our mission is to make government interactions more accessible for everyone through technology, and this award directly aligns with our goal.”

The CDG Digital States Survey is a biennial evaluation designed to highlight best and emerging technology practices across all 50 states. Each state is evaluated and assigned a grade based on its use of technology to streamline operations, increase capacity, reach policy goals and improve service delivery. Overall, Arkansas received a B based on results demonstrated across a set of criteria that included actions supporting state priorities and policies to improve operations or services, hard- and soft-dollar savings/benefits, progress since the last survey, innovative and citizen-centric services, and effective collaboration.

About NIC Arkansas

Little-Rock-based NIC Arkansas is celebrating 23 years as the state’s official digital government services partner and is part of digital government firm NIC’s family of companies. NIC Arkansas operates Arkansas.gov, the official website of the State of Arkansas, which offers more than 1,000 state and local online services, and works with the Information Network of Arkansas (INA) to help state government entities web-enable their information and services.

About NIC Inc.

NIC (Nasdaq: EGOV) is a leading digital government solutions and payments company, serving more than 7,000 federal, state and local government agencies across the nation. With headquarters in Olathe, Kan., NIC partners with the majority of U.S. states to deliver user-friendly digital services that make it easier and more efficient to interact with government – providing valuable conveniences such as applying for unemployment insurance, submitting business filings, renewing licenses, accessing information and making secure payments without visiting a government office. In the COVID-19 era and beyond, NIC helps government agencies rapidly deliver digital solutions to provide essential services to citizens and businesses alike. Having served the public sector for nearly 30 years, NIC continues to evolve with its federal, state and local government partners to deliver innovative and cost-effective digital government to constituents. Learn more at www.egov.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201207005024/en/

Bob Sanders | NIC Arkansas

General Manager

501-324-8915 | [email protected]

Kara Cowie | NIC Inc.

Director of Corporate Communications

816-813-2350 | [email protected]

Alex Johnston | AR Dept. of Transformation and Shared Services

Chief Administrative Officer

501-319-6552 | [email protected]

KEYWORDS: Arkansas United States North America

INDUSTRY KEYWORDS: Public Policy/Government State/Local Technology Mobile/Wireless Software Internet

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Columbia Care Recognized in Top 1% on the Growjo 10,000 – The Fastest Growing Companies in the World List

NEW YORK–(BUSINESS WIRE)–
Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”) has announced today that it has been named to the top 1% of the Growjo 10,000 – The Fastest Growing Companies in the World list.

The Growjo 10,000 – The Fastest Growing Companies in the World list highlights and predicts the fastest growing companies across the globe. Columbia Care’s win was based on a custom algorithm that tracks growth indicators such as revenue, valuation increases, hiring plans and competitive analysis. This achievement comes after a year of substantial announcements, including Columbia Care’s virtual shopping system, Virtual.Care; the launch of national lifestyle brand, Seed & Strain; and the acquisitions of The Green Solution and Project Cannabis.

“We are beyond excited to share that Columbia Care has made the Growjo 10,000 list of the fastest-growing companies in the world,” says Nicholas Vita, CEO of Columbia Care. “Over the past year, the company has grown significantly as a result of our passion for developing products and services that will give our customers the best experience. Our commitment to producing a well-known cannabis brand that satisfies our customers’ needs will continue to fuel our desire to flourish as a company. With the positive shift in cannabis sentiment across the United States, we are looking forward to expanding Columbia Care in both already existing markets and new markets across the country.”

The Growjo 10,000 list is selected from a group of one million international companies. To see a full list of winners please visit: https://growjo.com/

About Growjo

Growjo, the leader in identifying the list of the top growing companies in the world, utilizes more than 20 unique growth indicators to assimilate the Growjo 10000 every month. Growjo recognizes the top growing companies for their accomplishments through the algorithm-based list ranking, and offers the list to anyone interested in an easily formatted and free downloadable format. If you are interested in learning more about Growjo and how you can subscribe to updates and download the free list, visit Growjo.com.

About Columbia Care

Columbia Care is one of the largest and most experienced cultivators, manufacturers and providers of medical and adult use cannabis products and related services with licenses in 18 US jurisdictions and the EU. Columbia Care currently operates 100 facilities¹ including 76 dispensaries and 24 cultivation and manufacturing facilities. Columbia Care is one of the original providers of medical cannabis in the United States, and continues to deliver an industry-leading, patient-centered medicinal cannabis operation that has quickly expanded into the adult use market as a premier operator. The company currently offers products spanning flower, edibles, oils, and tablets, and manufactures popular brands including Amber and Platinum Label CBD. With more than four million sales transactions since its inception in 2012, Columbia Care is known for setting the standard for compassion, professionalism, quality, care, and innovation in the rapidly expanding cannabis industry. For more information on Columbia Care, please visit www.col-care.com.

Caution Concerning Forward-Looking Statements

This press release contains certain statements that constitute forward-looking information within the meaning of applicable securities laws and reflect the Company’s current expectations regarding future events. The Company has made assumptions with respect to its and processing licenses, which, although considered reasonable by the Company at the time of preparation, may prove to be incorrect, as well as other risk factors discussed under “Risk Factors” in Columbia Care’s Annual Information Form dated March 31, 2020, filed with the applicable Canadian securities regulatory authorities on SEDAR at www.sedar.com and described from time to time in documents filed by the Company with Canadian securities regulatory authorities.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201207005022/en/

Lindsay Wilson

+1.978.662.2038

[email protected]

Gabriella Velez

5WPR

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Alternative Medicine Health Other Natural Resources Manufacturing Natural Resources Other Manufacturing Biotechnology

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RPM to Announce Fiscal 2021 Second-Quarter Results on January 6, 2021

MEDINA, Ohio–(BUSINESS WIRE)–RPM International Inc. (NYSE: RPM) announced today that it will release its financial results for the fiscal 2021 second-quarter, ended November 30, 2020, before the stock market opens on Wednesday, January 6, 2021. The results will be issued via newswire and will also be available on the RPM website at www.RPMinc.com.

Management will host a conference call to discuss the results beginning at 10:00 a.m. EST the same day. The call can be accessed by dialing 833-323-0996 or 236-712-2462 for international callers. Participants are asked to call the assigned number approximately 10 minutes before the conference call begins. The call, which will last approximately one hour, will be open to the public, but only financial analysts will be permitted to ask questions. The media and all other participants will be in a listen-only mode.

For those unable to listen to the live call, a replay will be available from approximately 1:00 p.m. EST on January 6, 2021 until 11:59 p.m. EST on January 13, 2021. The replay can be accessed by dialing 800-585-8367 or 416-621-4642 for international callers. The access code is 4878187. The call also will be available both live and for replay, and as a written transcript, via the RPM website atwww.RPMinc.com.

About RPM

RPM International Inc. owns subsidiaries that are world leaders in specialty coatings, sealants, building materials and related services. The company operates across four reportable segments: consumer, construction products, performance coatings and specialty products. RPM has a diverse portfolio with hundreds of market-leading brands, including Rust-Oleum, DAP, Zinsser, Varathane, Day-Glo, Legend Brands, Stonhard, Carboline, Tremco and Dryvit. From homes and workplaces, to infrastructure and precious landmarks, RPM’s brands are trusted by consumers and professionals alike to help build a better world. The company employs approximately 14,600 individuals worldwide. Visit www.RPMinc.com to learn more.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201207005018/en/

Russell L. Gordon

vice president and chief financial officer

330-273-5090

[email protected]

KEYWORDS: Ohio United States North America

INDUSTRY KEYWORDS: Home Goods Commercial Building & Real Estate Construction & Property Building Systems Chemicals/Plastics Manufacturing Retail Residential Building & Real Estate

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AWS Announces Partnership with MGM to Modernize its Media Supply Chain

Leading entertainment company will rely upon AWS’s unmatched portfolio of cloud services to develop new business models for distributing film and TV content

SEATTLE–(BUSINESS WIRE)–
Today, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), announced a multi-year collaboration with Metro Goldwyn Mayer (MGM) to reimagine its core media supply chain and enterprise-wide media distribution platform. MGM owns one of the world’s largest libraries of premium film and television content, including the Bond and Rocky film franchises, as well as the series Fargo, Vikings, and The Handmaid’s Tale,and is focused on the production, acquisition, licensing, and global distribution of its film and television content across all media platforms. MGM is migrating its content library and critical SAP workloads to AWS to power its media supply chain as well as support its content rights and distribution processes. Running on AWS, MGM will distribute content across multiple platforms quickly and at scale.

Traditional media supply chains are highly decentralized, expensive to maintain, and rely on manual processes and third parties to distribute content to new and existing platforms. MGM’s new cloud-based media supply chain will leverage AWS compute, serverless, storage, machine learning, and media services to modernize its infrastructure. MGM will build a data lake on AWS using Amazon Simple Storage Service (Amazon S3) that will provide up-to-date content rights and ownership information and connect to a microservices architecture that will simplify and automate workflows and processes throughout MGM’s complex media supply chain. MGM and AWS are working together to innovate across MGM’s development and fulfillment processes, tackling challenges from intellectual property acquisition and development, through the delivery of professional content and servicing materials.

MGM will leverage AWS Media Services, including AWS Elemental MediaConvert, to more fully automate the processes for preparing and delivering MGM’s library of feature film and premium television content, optimizing video for viewing on any screen. Using AWS Lambda serverless compute and AWS container services, the new media supply chain will enable MGM to transfer, process, and package video for all media channels on demand without having to procure, plan, and run infrastructure. In addition, Amazon S3, Amazon S3 Glacier, and Amazon S3 Glacier Deep Archive will provide MGM with secure and cost effective content and data storage and archiving.

Applying machine learning services like Amazon Rekognition (AWS’s service that adds intelligent image and video analysis to applications) will enable MGM to analyze content, as well as create and tag specific video frames with metadata, making it easier for MGM’s partners to find and license film and TV shows for their lineups. In addition, MGM will leverage AWS analytics services like Amazon EMR (AWS’s industry-leading cloud big data service for processing vast amounts of data using open source tools) and machine learning services such as Amazon SageMaker (AWS’s service that helps developers and data scientists build, train, and deploy machine learning models quickly in the cloud and at the edge) to predict content viewing and sales trends so they can forecast demand for their vast content library.

“MGM has one of the world’s deepest libraries of premium film and television content, and we’re innovating in the cloud to improve how we get this extensive, rich content out to distributors around the world using scalable, microservices-based architectures,” said Doug Rousso, Executive Vice President and Chief Technology Officer of MGM. “AWS gives us the flexibility, scalability, reliability, and security to deliver premium content to customers through intelligent and automated supply chain solutions. Our new cloud-based media supply chain will give us increased visibility into owned content, the ability to better inform our sales teams, and faster processing of licensing deal that will help us deliver more content experiences to viewers and grow new revenue opportunities.”

“MGM is reinventing its media supply chain in the world’s leading cloud, leveraging AWS’s unmatched functionality and scalability to more effectively deliver its vast library of content to existing and new TV and viewer platforms,” said Greg Pearson, Vice President, Worldwide Commercial Sales at Amazon Web Services, Inc. “AWS’s proven performance and comprehensive set of cloud and professional services will help MGM succeed in its cloud transformation and create a complete, modern media supply chain for video. We look forward to expanding our work together to continue to drive innovation across this supply chain and deliver improved customer experiences to audiences around the world.”

About Amazon Web Services

For 14 years, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud platform. AWS offers over 175 fully featured services for compute, storage, databases, networking, analytics, robotics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management from 77 Availability Zones (AZs) within 24 geographic regions, with announced plans for 15 more Availability Zones and five more AWS Regions in India, Indonesia, Japan, Spain, and Switzerland. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are just some of the products and services pioneered by Amazon. For more information visit www.amazon.com/about and follow @AmazonNews.

About Metro Goldwyn Mayer

Metro Goldwyn Mayer is a leading entertainment company focused on the production and global distribution of film and television content across all platforms. The company owns one of the world’s deepest libraries of premium film and television content. In addition, MGM has investments in numerous television channels. For more information, visit www.mgm.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201207005103/en/

Amazon.com, Inc.

Media Hotline

[email protected]

www.amazon.com/pr

KEYWORDS: United States North America California Washington

INDUSTRY KEYWORDS: Film & Motion Pictures TV and Radio Data Management Supply Chain Management Technology General Entertainment Entertainment Retail Software Networks Internet

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