No upfront costs involved to
customize and standardize messaging across all in-venue screens
for both customers and employees
Loop Media, Inc. ("Loop Media") (NYSE American: LPTV), a leading
multichannel streaming CTV platform that provides curated music
videos, sports highlights, news, premium entertainment channels and
digital signage for businesses, announced today that it has
developed a new enterprise program to create customized business
channels for enterprise businesses to develop and create their own
branded entertainment channel to run in their venues via the Loop®
TV network.
This highly innovative rethinking of the branded entertainment
television channel continues to position Loop Media as a
thought-leading disruptor in the in-venue streaming sector. Many
enterprises have made large investments to create, develop,
produce, and distribute their own branded entertainment channel to
their various venues, outlets, warehouses and offices. Some
advertising and streaming platforms charge businesses up to
hundreds of thousands of dollars to create a customized business
channel. Loop Media now does this for free and makes it easy and
seamless for enterprise businesses to have their own branded
channel on their venue screens distributed via the Loop® TV network
and the highly secure Loop® Player.
“Enterprise businesses are consistently looking for ways to
control costs as they seek to grow revenue and attract new
customers. Their in-venue screens are a powerful way to do that, by
providing their own branded content to entertain customers and
increase dwell time, while showcasing and enhancing their brand,
services and products. Loop Media can help drive this process at no
cost to the business,” said Jon Niermann, CEO of Loop Media. “We
developed the 'Customized Business Channel powered by Loop® TV,' in
which we curate content for an enterprise client to create a
channel that is business and brand specific. We’re very excited to
roll this service out and better-serve both our current and future
enterprise customers,” he added.
“Loop® understands how important it is for enterprise businesses
to find ways to elevate their brand and differentiate themselves
from the competition. In order to stay relevant in a digital-first
marketplace, Loop®TV is offering enterprise clients the ability to
optimize their budget and technical resources to realize their own
branded entertainment channel that gives them the ability to
elevate brand awareness across their venue screens,” said Torrae
Lawrence-Mitchell, Vice President of Enterprise for Loop Media.
“The 'Customized Business Channel' is just another example of how
Loop® TV continues to reinforce its commitment to delivering
innovative solutions to meet the demands of our enterprise
clients,” Lawrence-Mitchell added.
Bob Gruters, Chief Revenue Officer for Loop Media, shared, “More
advertisers today want brand-safe media, especially when buying
digital video. Our premium brand-safe CTV platform reaches
consumers where they are now, efficiently extending advertiser
audience reach. We feel our small and medium sized business and
large enterprise offering is exactly what many media buyers are
searching for. At Loop Media, we continue to look for ways to
democratize the TV channel distribution business and media buying
for all brand sizes.”
About Loop Media, Inc.
Loop Media, Inc. ("Loop®") (NYSE American: LPTV) is a leading
connected television (CTV) / streaming / digital out-of-home TV and
digital signage platform optimized for businesses, providing music
videos, news, sports, and entertainment channels through its Loop®
TV service. Loop Media is the leading company in the U.S. licensed
to stream music videos to businesses through its proprietary Loop®
Player.
Loop® TV’s digital video content is streamed to millions of
viewers in CTV / streaming / digital out of home locations
including bars/restaurants, office buildings, retail businesses,
college campuses, airports, among many other venues in the United
States, Canada, Australia, and New Zealand.
Loop® TV is fueled by one of the largest and most important
premium short-form entertainment libraries that includes music
videos, movie trailers, branded content, and live performances.
Loop Media’s non-music channels cover a wide variety of genres and
moods and include movie trailers, sports highlights, lifestyle and
travel videos, viral videos, and more. Loop Media’s streaming
services generate revenue from programmatic and direct advertising,
and subscriptions.
To learn more about Loop Media products and applications, please
visit us online at Loop.tv
Follow us on social:
Instagram: @loopforbusiness
X (Twitter): @loopforbusiness
LinkedIn: https://www.linkedin.com/company/loopforbusiness/
Safe Harbor Statement and Disclaimer
This news release includes "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, including, but not limited to, Loop Media's expected
performance, ability to compete in the highly competitive markets
in which it operates, statements regarding Loop Media's ability to
develop talent and attract future talent, the success of strategic
actions Loop Media is taking, and the impact of strategic
transactions. Forward-looking statements give our current
expectations, opinion, belief or forecasts of future events and
performance. A statement identified by the use of forward-looking
words including "will," "may," "expects," "projects,"
"anticipates," "plans," "believes," "estimate," "should," and
certain of the other foregoing statements may be deemed
forward-looking statements. Although Loop Media believes that the
expectations reflected in such forward-looking statements are
reasonable, these statements involve risks and uncertainties that
may cause actual future activities and results to be materially
different from those suggested or described in this news release.
Investors are cautioned that any forward-looking statements are not
guarantees of future performance and actual results or developments
may differ materially from those projected. The forward-looking
statements in this press release are made as of the date hereof.
Loop Media takes no obligation to update or correct its own
forward-looking statements, except as required by law, or those
prepared by third parties that are not paid for by Loop Media. Loop
Media's Securities and Exchange Commission filings are available at
www.sec.gov.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240213491810/en/
Loop Media Investor Contact Andrew J. Barwicki
andrew@barwicki.com ir@loop.tv
Loop Media Press Contact Jon Lindsay Phillips
Loop@phillcomm.global
Grafico Azioni Loop Media (AMEX:LPTV)
Storico
Da Gen 2025 a Feb 2025
Grafico Azioni Loop Media (AMEX:LPTV)
Storico
Da Feb 2024 a Feb 2025