Successful migration of workloads leverages
exclusive benefits through the AWS Startups program
Loop Media, Inc. ("Loop®") (NYSE American: LPTV), the free
streaming television media company for business which provides over
2 billion video views every month via restaurants, retail
businesses, office buildings, doctors’ offices, airports, bars and
college campuses, announced today that Loop Media has fully
migrated its platform infrastructure to Amazon Web Services (AWS),
including Amazon Relational Databases (RDS) use for scalability and
reliability, Amazon CloudFront for all media delivery, and Amazon
Elastic Compute Cloud (EC2) for all server deployments.
The company leveraged the AWS Startups program, which focuses on
helping startups succeed by offering a broad range of
infrastructure services, programs, and events to support startups
as they launch, grow, and scale. The expanded business relationship
between Loop® and AWS includes usage of 35 different AWS services
every month on average, as well as Multi-Channel Fulfillment (MCF)
and Fulfillment by Amazon (FBA), which now enables Loop Media to
rapidly integrate new services to the platform, while
simultaneously benefiting from operational cost savings.
“Joining AWS Startups and working with AWS to better align our
operational, process and efficiency objectives, has given Loop
Media access to cost savings and operational structural
improvements which we are starting to see bear fruit across the
entire enterprise,” said Liam McCallum, Chief Product Officer of
Loop Media. “As we continue to work with AWS Startups, MCF and FBA,
among other services, we will obtain greater efficiencies and
opportunities usually associated with billion-dollar companies,”
McCallum added.
“Loop Media is exactly the type of business that AWS Startups
was designed to support--from cloud storage, to database
scalability, to video deliverability, to content performance, and
more--our goal is to ensure startups can run like any big
enterprise, but with cost savings that fit their budgets,” said
Sherry Karamdashti, Head of North America Startups at AWS. “We are
excited to help Loop Media take full advantage of all the exclusive
benefits of our startups program, as well as our relationship with
Amazon fulfillment, so they can scale and grow.”
Before its uplist to the NYSE American exchange last year, Loop
Media kicked off its cloud journey in 2020 with AWS Activate, AWS's
startup hub offering self-service business and technical content
covering a myriad of purposeful themes, from fundraising and legal
guidance to technical documentation on solutions architecture, as
well as up to $100,000 in AWS credits.
About Loop Media, Inc.
Loop Media, Inc. ("Loop®") (NYSE American: LPTV) is a leading
digital out of home (DOOH) TV, CTV and digital signage
platform optimized for businesses, providing free music video,
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 Media’s digital video content reaches millions of viewers
in DOOH locations including bars/restaurants, office buildings,
retail businesses, college campuses, airports and on free
ad-supported TV platforms and at local gas stations on GSTV
terminals in the United States.
Loop TV is fueled by one of the largest and most important short
form entertainment libraries that includes music videos, movie
trailers, branded content, and live performances. Loop Media’s
non-music channels cover a multitude 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 advertising, sponsorships, and from
subscriptions.
To learn more about Loop Media products and applications, please
visit us online at Loop.tv
Follow us on social: Instagram: @loopforbusiness 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 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 SEC filings are available at
www.sec.gov.
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version on businesswire.com: https://www.businesswire.com/news/home/20231004107135/en/
Loop Media Press Contact Jon Lindsay Phillips
Loop@PhillComm.Global
Loop Media Investor Contact Jim Cerna, Head of Capital Markets |
Loop Media ir@loop.tv
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