Loop Media, Inc. Announces New Partnership and Nationwide Launch of the Red Bull Channel
29 July 2024 - 10:30PM
Business Wire
Loop Media, Inc. ("Loop Media" or "Loop") (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 is excited to announce
a new content partnership with Red Bull and the expansion of its
sports-themed offerings with the launch of the Red Bull TV channel
in all of Loop’s out-of-home venues nationwide.
Red Bull TV offers a diverse library of action sports and
sports-related culture content aimed at giving viewers a unique
entertainment experience, highlighting athletes and the leading
names in the world of Red Bull across the spectrum of sports,
racing, music and dance.
“We are thrilled to start this new relationship with one of the
leading action sports, energy drink and lifestyle companies in the
world,” said Justis Kao, CEO of Loop Media. “Sports and music are
the two most popular forms of entertainment in out-of-home venues.
As a leading provider of music videos in the digital out-of-home
space, this partnership with Red Bull now also gives Loop Media the
opportunity to offer some of the most recognized brand-named sports
content to our venue partners.”
The Red Bull Channel is available in all of Loop Media’s
out-of-home venues beginning today.
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/20240729873851/en/
Loop Media Press Contact Grant Genske grant@loop.tv
OIA Press Contact Cassie Stone cstone@oiarad.com
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