New Customer Demonstrates Frankly's Expansion from its Core TV Broadcasting to the Digital Media Vertical
SAN FRANCISCO, March 22, 2017 /PRNewswire/ -- Frankly Inc.
(TSX VENTURE: TLK) (Frankly), a leader in transforming local TV broadcast and media companies by enabling them to publish and
monetize their digital content across multiple platforms, has partnered with OUTtv to support and manage its new over-the-top
(OTT) video subscription offering, OUTtvGo.
OUTtv is Canada's national lesbian, gay, bisexual, transgender and queer (LGBTQ) television
network. The company was recently acquired by Vancouver-based private equity firm Stern
Partners, which invests in several other media properties. As part of OUTtv's strategic efforts to expand its offerings beyond
its cable channel and into alternative platforms, the company is now shifting its focus to OUTtvGo. Available for now only in
Canada, OUTtvGo is a $4 per month online video streaming service
that includes much of the same programming as OUTtv's cable channel, including every available season of OUTtv's most popular TV
series, RuPaul's Drag Race.
In collaboration with Atlanta-based OTT video services provider Endavo, Frankly has
accelerated the development, launch, and now management of OUTtvGo. The new offering leverages Frankly's OTT platform, which
encompasses the entire digital video management and distribution process.
"We're very excited to be working with a market leader like OUTtv in the rollout and management of their new OTT OUTtvGo
streaming service," said Frankly CEO, Steve Chung. "From the start, this engagement has reflected
the entire depth and versatility of Frankly's OTT video capabilities. While we will continue to add to our dominant market
position in our core broadcasting vertical, new customers such as OUTtv serves as a reference point in our success in becoming a
pivotal player across the entire media content landscape."
OUTtv CEO Brad Danks commented: "We could not be happier about working with such a respected
partner like Frankly as we move into multiscreen platforms. Frankly provides a comprehensive media platform for us to build
OUTtvGo and make it a premier video streaming service for our audience. With Frankly's superior service and support, we have the
opportunity to reach new customers across multiple platforms and in new territories around the world."
About OUTtv
OUTtv was launched in 2001 as the world's first 24-hour television service focused primarily on the LGBTQ community
and its allies. OUTtv is proud to be the World's first LGBT streaming service to offer a premium library of drama, movies,
reality series, documentaries and other compelling content for our members.
About Frankly
Frankly (TSX VENTURE: TLK) builds an integrated software platform for media companies to create, distribute, analyze
and monetize their content across all of their digital properties on web, mobile and TV. Its customers include NBC, ABC,
CBS and FOX affiliates, as well as other leading media organizations. Collectively, Frankly reaches nearly 60 million monthly
users in the United States. The company is headquartered in San
Francisco with major offices in New York. To learn more, visit www.franklyinc.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
Notice Regarding Forward-Looking Statements
This release includes forward-looking statements regarding Frankly and their respective businesses.
Forward-looking events and circumstances discussed in this release, may not occur by certain specified dates or at all and could
differ materially as a result of known and unknown risk factors and uncertainties affecting the parties. No forward-looking
statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of
the date on which they are made and Frankly undertakes no obligation to publicly update or revise any forward-looking statement,
whether as a result of new information, future events, or otherwise.
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SOURCE Frankly Inc.