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Stingray Group Inc T.RAY.A

Alternate Symbol(s):  STGYF | T.RAY.B

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

Bullboard Posts
Post by kijijion Apr 14, 2020 10:33am
259 Views
Post# 30907144

RAY signs eight television/SVOD distribution deals

RAY signs eight television/SVOD distribution deals
STINGRAY LAUNCHES FREE, AD-SUPPORTED TV CHANNELS AND ADDITIONAL PREMIUM SVOD SERVICES WITH 8 PARTNERS WORLDWIDE; POTENTIAL AUDIENCE REACH GROWS BY OVER 300 M
 
Stingray Group Inc. has launched free, ad-supported television channels and premium SVOD (subscription video on demand) services with eight major OTT (over-the-top) providers: Huawei (world), izzi (Mexico), Xumo (United States), LG (United States), Vizio (United States), Samsung (United States), TiVo Plus (United States) and Cliq Digital (United States). These distribution agreements grow Stingray's potential reach by over 300 million viewers.
 
With this announcement, Stingray confirms new partnerships with Huawei, Vizio, TiVo Plus and Cliq Digital and solidifies existing relationships with Samsung, izzi, XUMO, and LG. What attracts the world's biggest entertainment content providers to Stingray's music services is their expert curation and adaptability to many platforms as technologies and audience needs evolve.
 
"Stingray was born out of a true passion for connecting fans to the music they love," said Mathieu Peloquin, Senior Vice-President, Marketing and Communications of Stingray. "What started in 2007 as a karaoke service has evolved into one of the most comprehensive and diversified portfolios in the industry. As we continue to grow our position as the leading provider of curated SVOD music content, we are also constantly driven to find new ways to generate revenue, and ad-supported services are an obvious choice. Today, I am especially excited to introduce free, ad-supported TV channels to drive profitability and connect with a bigger audience than ever. With these new distribution agreements, we have grown our potential worldwide reach by over 300 million viewers. That is an achievement I am immensely proud of. I look forward to long, fruitful relationships with our new and existing partners."
 
FAST Channels
 
With the introduction of free, ad-supported TV channels (FAST channels), Stingray diversifies its portfolio and offers audiences a way to access music content at no extra cost through existing streaming subscriptions. Like other free streaming services, Stingray's free content won't require additional subscription or any other commitments but will instead be fully supported by ads.
 
Stingray's FAST channels live right within its partners' existing entertainment platforms:
 
Qello Concerts by Stingray (concert films, full-length live shows, and music documentaries): carried by Samsung, XUMO, LG and Vizio.
Stingray Karaoke (huge library of songs to sing along to in every genre): carried by XUMO and LG.
Stingray Classica (majestic symphonies, grandiose operas, and beautiful ballets): carried by STIRR.
Stingray took this opportunity to rebrand its fan-favourite Slow-TV channel, Stingray Ambiance, as Stingray Naturescape. Stingray Naturescape broadcasts the same breathtaking scenery from around the world to transform any home into a peaceful, relaxing oasis:
 
Stingray Naturescape (your window to the world): carried by Samsung, Vizio, XUMO, LG and TiVo Plus.
 
SVOD Services
 
Stingray's SVOD services have proven popular with music fans worldwide for years:
Qello Concerts by Stingray: carried by izzi and Huawei Video
Stingray Karaoke: carried by izzi
Stingray Music: carried by Cliq Digital
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