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Stingray Group Inc T.RAY.A

Alternate Symbol(s):  T.RAY.B | STGYF

Stingray Group Inc. is a Canada-based music, media, and technology company. The Company provides TV broadcasting, streaming, radio, business services, and advertising services. It also provides an array of music, digital, and advertising services to enterprise brands worldwide, including audio and video channels, over 100 radio stations, subscription video-on-demand content, FAST channels, karaoke products and music apps, and in-car and on-board infotainment content. The Company operates through two segments: Broadcasting and commercial music and Radio. The Broadcasting and commercial music segment specializes in the broadcast of music and videos on multiple platforms and digital signage experiences and generates revenues from subscriptions or contracts. The Radio segment operates several radio stations across Canada. The company distributes its products and services through various platforms that include digital cable TV, satellite TV, OTT, the internet, mobile devices, and others.


TSX:RAY.A - Post by User

Post by kijijion Jun 08, 2020 4:56pm
217 Views
Post# 31126146

RAY RENEWS DISTRIBUTION AGREEMENT WITH SHAW

RAY RENEWS DISTRIBUTION AGREEMENT WITH SHAW
Stingray Group Inc. has reached an agreement with Shaw Communications Inc. to renew a long-standing relationship. As part of the agreement, Shaw Cable and Shaw Direct customers will have access to Stingray music audio channels and can enjoy the Stingray music mobile app and Web player for free. Music video TV channels Stingray Retro, Stingray Loud, Stingray Vibe and Stingray Country will also be available to residential and commercial subscribers.
 
"We are thrilled to have renewed our agreement with Shaw to continue providing its customers with access to an incomparable entertainment offering across multiple platforms," said Eric Boyko, president, co-founder and chief executive officer of Stingray. "Our partnership creates an important channel to unleash the power of music through a diverse product portfolio. By providing viewers with the highest level of service, we leverage their trust, which in turn, only makes our relationship with Shaw stronger over time."
 
"Shaw offers customers a world of entertainment and Stingray plays a crucial role in providing varied music programming that people want," said Andrew Eddy, vice-president of programming for Shaw Communications. "Our continued partnership ensures a wide selection of music options for our customers, however they choose to tune in."
 
About Stingray Group Inc.
Stingray is a leading music, media and technology company with over 1,200 employees worldwide. Stingray is a premium provider of curated direct-to-consumer and business-to-business services, including audio television channels, more than 100 radio stations, SVOD content, 4K UHD television channels, karaoke products, digital signage, in-store music and music apps, which have been downloaded over 150 million times.
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