Yangaroo Partners with Goran Andersson to Provide its Industy Leading Audio and Music Video Delivery Service in Brazil
31 October 2013 - 12:01AM
Access Wire
Exclusive Multi-year Deal For Digital
Delivery of Broadcast Audio and Music Video
Toronto, Canada - October 30, 2013
YANGAROO Inc., (TSX-V: YOO, OTCBB: YOOIF) the industry's leading secure
digital media management company, has entered into an exclusive
multi-year agreement with Goran Andersson, a leading music industry
entrepreneur, with Brazilian-based offices in Sao Paulo and Rio.
Andersson's company, Universi Brazil, works with leading major and
independent record labels, and has strong ties with the major radio
and television broadcasters in the country.
Brazil is a country
of over 200 million people and has a thriving economy with one of
the fastest growing middle classes on the planet. The Brazilian
recording industry is highly sophisticated and has a well-developed
domestic industry, in addition to music it receives from around the
world.
The parties have
entered into an exclusive three year renewable agreement whereby
YANGAROO will provide its patented industry leading Digital Media
Distribution System (DMDS) and Goran Andersson will provide his
market expertise, proven marketing and customer support team, and
well-established customer base.
YANGAROO's DMDS music
video delivery has become the standard in North America delivering
the vast majority of all HD videos to all major broadcasters
including MTV/VH1, REVOLT, BET, Fuse, Music Choice, CMT, GAC,
MuchMusic, AUX, MusiquePlus, and many others. DMDS also delivers
music audio tracks to over 3,000 radio stations plus other
destinations in the U.S. and Canada.
"YANGAROO's DMDS
service is a world class proven technology that has been operating
successfully in North America for many years," said Goran
Andersson. "YANGAROO's service will receive great interest from the
Brazilian domestic market and we know that the Brazilian music
industry will be welcoming the ability to access the North American
market."
"What a great time to
partner with Goran Andersson and Universi Brazil. Goran's market
knowledge, experience, and established network is a great asset as
we move into this vibrant new market," said Cliff Hunt, Vice
Chairman and COO of YANGAROO Inc. "This coming year should be one
of the most exciting in Brazil's history and we look forward to
being a part of it."
About Goran Andersson/ Universi
Brazil:
Goran Andersson is a global music business
entrepreneur, focused on music production, publishing, management
and international consulting, with offices in New York, LA, London,
Miami, Paris, Rio and Sao Paulo and has been active in Brazil since
1995. Among his many
accomplishments, Andersson is a member of the Board of
Trustees of the ARChive of
Contemporary Music, located in New York City. Since 1985 the
archive's holdings have grown to 2,000,000 sound recordings
(20,000,000 + songs), making the ARChive the largest popular music
collection in the United States. Members of the Board of Advisors
include: David Bowie, Jellybean Benitez, Ellie Greenwich, Keith
Richards, Nile Rodgers, Todd Rundgren, Martin Scorsese, Paul Simon,
Mike Stoller, Youssou N'Dour and Jerry Wexler.
About
YANGAROO:
YANGAROO is a company dedicated to
digital media management. YANGAROO's patented Digital Media
Distribution System (DMDS) is a leading secure B2B digital cloud
based solution focused on the music and advertising industries. The
DMDS solution provides more accountable, effective, and far less
costly digital management of broadcast quality media via the
Internet. It replaces the physical, satellite and closed network
distribution and management of audio and video content, for music,
music videos, and advertising to television, radio, media,
retailers, and other authorized recipients. The YANGAROO Awards
platform is now the industry standard and powers most of North
America's major awards shows.
YANGAROO has offices in Toronto, New
York, and Los Angeles. YANGAROO trades on the TSX Venture Exchange
(TSX-V) under the symbol YOO and in the U.S. under OTCBB: YOOIF.
For further information, please contact Gary Moss at 416-534-0607
ext.111 or visit www.yangaroo.com.
The statements
contained in this release that are not purely historical are
forward-looking statements and are subject to risks and
uncertainties that could cause such statements to differ materially
from actual future events or results. Such forward-looking
statements are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. The TSX Venture
Exchange does not accept responsibility for the adequacy or
accuracy of this release.
###
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