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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 Oct 01, 2020 1:59pm
250 Views
Post# 31652010

RAY signs strategic partnership+Boston Market media agreemnt

RAY signs strategic partnership+Boston Market media agreemnt
STINGRAY BUSINESS AND SPACE FACTORY MEDIA ANNOUNCE STRATEGIC PARTNERSHIP.  STINGRAY BUSINESS SIGNS ITS FIRST IN-STORE MEDIA SOLUTION AGREEMENT IN THE U.S. WITH BOSTON MARKET
 
Stingray Group Inc.'s commercial services division, Stingray Business, has signed an agreement with California-based Space Factory Media to represent Stingray products and services for in-store music, digital experiences and artificial-intelligence-driven consumer insights for brands and businesses. Brands today expect more from media experiences, and this new partnership seeks to provide a deeper, cross-platform offering with meaningful connections to consumers. The deal also includes an exclusive option for Stingray to acquire Space Factory Media at a predetermined purchase price.

Stingray Group Inc. has concluded a deal to provide in-store media solutions for America's favourite rotisserie chicken chain, Boston Market. The agreement covers indoor and drive-through digital signage, including cutting-edge digital menu boards for 344 restaurants across the United States. This new partnership seeks to provide exciting digital innovations to deliver an immersive in-store experience for both customers and employees.  
Stingray Business offers content management from a centralized hub that allows brands to provide targeted and time-sensitive menus. This innovative offering increases sales, ensures brand consistency, reduces perceived wait times and entertains customers across the franchise network.

With more than 125,000 commercial locations around the world, Stingray Business is a dominant provider of licensed background music and digital display for businesses and amongst the leading global suppliers of background music and in-store media.
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 B2B (business to business) services, including audio television channels, 101 radio stations, SVOD (subscription video on demand) content, 4K UHD (ultrahigh-definition) television channels, karaoke products, digital signage, in-store music and music apps, which have been downloaded over 150 million times. Stingray reaches 400 million subscribers (or users) in 156 countries.

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