Loop Media, Inc. ("Loop Media") (NYSE American: LPTV), a leading
multichannel streaming CTV OOH (Connected TV Out-of-Home) platform
that provides curated music videos, sports highlights, news,
premium entertainment channels, and digital signage for businesses,
is thrilled to announce the launch of several premium Free
Ad-Supported Streaming TV (FAST) channels beginning this summer.
This global expansion will bring Loop’s highly acclaimed
entertainment channels, already beloved by millions in venues,
directly into the homes of viewers by extending Loop’s audience and
reach even further. The new FAST channels will create incremental
revenue opportunities for the company along with expanded exposure
for CTV advertising partners.
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the full release here:
https://www.businesswire.com/news/home/20240712450299/en/
Loop's Trivia channel - along with Loop
Fresh Music, Global Fashion Channel and Weather - will soon be
available in homes across the country. (Graphic: Business Wire)
A New Era for Loop Media: Premium FAST Channels
Loop Media’s FAST channel portfolio features a diverse lineup of
premium genre channels offering an engaging entertainment
experience that highlights the best-performing content from Loop’s
OOH channels. This expansion aims to revolutionize the FAST
landscape with innovative and high-quality programming. Leading
this initiative is Loop Trivia, one of the company’s top-performing
channels in OOH that reaches over 25 million unique viewers per
month. Now, a revamped Loop Trivia is set to make history as one of
the first trivia channels of its kind in the FAST environment,
offering fan-favorite categories such as Music, TV & Film,
Sports, and History via video, image and text trivia questions
giving viewers a fun way to engage with family, friends or just
playing solo while enjoying TV in their homes.
In addition to Loop Trivia, other exciting channels joining the
FAST lineup include:
- Loop Fresh Music: Discover the next big names in music and
entertainment. This dynamic channel showcases rising talents and
delivers captivating original programming, providing music
enthusiasts with a premier discovery platform.
- Global Fashion Channel: A 24/7 ultimate fashion media
experience featuring couture, bridal, beauty, art, fashion films,
luxury lifestyle, and more. Watch your favorite designers sketch
and sew their collections, with top supermodels strutting the
runway.
- Weather: This groundbreaking weather channel is designed to
disrupt the traditional weather channel model and delivers
forecasts in an entertaining and regionalized video feed format,
providing up-to-date and reliable weather updates in a captivating,
modern manner.
Innovating the Home Viewing Experience
“Loop Media is excited to bring its innovative channels into
homes worldwide, offering viewers the same premium entertainment
that has made us the leader in the DOOH streaming space,” said Jon
Niermann, Founder of Loop Media. “By leveraging our extensive
content library and expertise in audience engagement, Loop aims to
set a new standard in the FAST TV landscape. We have had previous
success with FAST channels on Roku, Peacock and many other
platforms a couple of years ago, so we look forward to returning to
the consumer side of the business. This will complement the
extensive business streaming platform that we’ve built across many
venues nationwide who have grown to become familiar with the Loop
brand.”
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/20240712450299/en/
For media inquiries, please contact:
Loop Media Press Contact Grant Genske grant@loop.tv
626-610-6913
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