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 RadNet, Inc. (NASDAQ: RDNT), a
national leader in providing high-quality, cost-effective
outpatient diagnostic imaging services, today announced that Loop
Media has been selected by RadNet to power RadNet’s RadNetTV
Channel throughout its network of 366 imaging centers.
Loop Media's ad sales services and technology stack were
selected by RadNet, who was searching for a reliable and consistent
technology partner with capability to deliver programmatic ad
sales, personalized RadNet branded channels, and customized
signage, as well as provide a robust platform for RadNet’s own
content to be streamed across the RadNetTV imaging network venues.
RadNetTV is a network of TVs in RadNet’s imaging locations in seven
states, which broadcasts original, entertaining and educational
programming to its patients and guests, with an estimated
viewership of over ten-million each year.
“Our selection of Loop® provides the logical next step for
RadNetTV,” said Paul Colacchio, Vice President of Communications
and PR at RadNet. “We are able to leverage Loop Media’s technology,
experience and people to monetize our TV network and further define
and promote our brand with a highly personalized entertainment
offering.”
“Our relationship with RadNet demonstrates Loop’s commitment to
partnering with companies seeking to extract the most value from
their entertainment content streamed to their existing network of
venues,” said Jon Niermann, Founder, Loop Media, Inc. “Loop Media
is able to effectively and efficiently curate entertainment
channels for our Partner Platform clients geared towards a
company’s patients, customers, staff, and others, in a very
cost-effective way and use our ad tech stack to deliver
programmatic ad demand to those channels.”
To learn more about how Loop® can optimize your business, visit
http://www.loop.tv
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/
About RadNet, Inc.
RadNet, Inc., is the leading national provider of freestanding,
fixed-site diagnostic imaging services and related information
technology solutions (including artificial intelligence) in the
United States based on the number of locations and annual imaging
revenue. RadNet has a network of 366 owned and/or operated
outpatient imaging centers. RadNet's markets include California,
Maryland, Delaware, New Jersey, New York, Florida and Arizona.
Together with affiliated radiologists, including full-time and per
diem employees and technologists, RadNet has approximately 9,700
employees. For more information, visit http://www.radnet.com
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/20240429402843/en/
Loop Media Investor Contact Andrew J. Barwicki
andrew@barwicki.com ir@loop.tv
Loop Media Press Contact Jon Lindsay Phillips
loop@phillcomm.global
RadNet, Inc. Media Press Contact Paul Colacchio
Paul.colacchio@radnet.com
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