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, and Outpatient Imaging
Affiliates (OIA), a leading developer and operator of outpatient
imaging centers, are thrilled to announce a strategic partnership
designed to enhance the patient experience in imaging centers
nationwide, further expanding Loop’s footprint with medical-related
venues across the nation.
OIA collaborates with healthcare providers, including health
systems, academic medical centers, and radiology groups, to
develop, market, and manage high-quality, patient-friendly,
service-oriented outpatient imaging centers. Well-known health
system partners include MedStar Health, UVA Health, Vanderbilt
Health, Jefferson Health, and UCONN Health. OIA operates 62
hospitals and clinics, serving over 10 million patients
annually.
By investing equity alongside local partners, OIA provides its
joint ventures with comprehensive development, management,
marketing, billing, and additional services. OIA's imaging centers
range from single to full-modality facilities, offering various
services such as PET/CT, MRI, CT, ultrasound, mammography, nuclear
medicine, bone densitometry (DEXA), and plain film X-ray
procedures.
Loop Media, Inc. will provide streaming content and digital
signage for OIA's imaging center waiting rooms as part of this
partnership. This initiative aims to enhance the patient experience
by offering engaging content and improving communication through
digital signage, which displays vital information while patients
wait for their procedures.
"We are excited to partner with Loop Media, Inc. to bring a new
level of service to our patients," said Devon Bloom, Chief
Operating Officer of Outpatient Imaging Affiliates. "By
incorporating Loop's advanced digital signage solutions, we aim to
create a more informative and enjoyable environment for those
visiting our centers during what could be a stressful time."
"We are thrilled to collaborate with OIA, a leader in the
outpatient imaging sector," said Tara Kolakowski, Head of
Enterprise Business Development for Loop Media, Inc. "Our streaming
content and digital signage will provide more engaging content to
patients, enhancing their overall experience, and our digital
signage will allow locations to inform patients on important
information with ease. Making patient visits better and employees'
jobs easier."
Please visit OIA's website for more information about Outpatient
Imaging Affiliates and their services.
About Outpatient Imaging Affiliates
Outpatient Imaging Affiliates partners with healthcare providers
to develop, market, and operate patient-friendly, service-oriented
outpatient imaging centers. OIA invests equity in each project
alongside its local partners, providing comprehensive development,
management, marketing, billing, and collection services.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240626360110/en/
Loop Media Press Contact Grant Genske grant@loop.tv
OIA Press Contact Cassie Stone cstone@oiarad.com
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