Loop Media, Inc. ("Loop Media") (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, and Orange Door, an established music, video and
entertainment distributor in New Zealand, have announced that Loop
Media has been added to Orange Door’s portfolio of offerings in New
Zealand.
This partnership allows Orange Door and Loop Media to further
expand Orange Door’s offerings in New Zealand and Australia and the
opportunity to work with all business verticals – including
healthcare, office buildings, retail, grocery and c-store sectors –
which were previously inaccessible to Orange Door.
“Expanding Loop TV into the Australia-New Zealand markets has
been on our radar for some time,” said Jon Niermann, CEO of Loop
Media. “We’ve had a terrific relationship with Orange Door for
years, and this new partnership is the beginning of the opportunity
to expand our footprint further into the international market.”
“By working with Loop Media, we are able to further penetrate
into the out-of-home market starting in New Zealand,” said Ross
Vickers, CEO of Orange Door. “We can now offer additional
opportunities and service to the retail, fitness, medical and
hospitality sectors with the best-in-class Loop Player and its
curated entertainment channels.”
The partnership kicked off in June 2023.
About Loop Media, Inc.
Loop Media, Inc. ("Loop Media") (NYSE American: LPTV) is a
leading digital out of home (DOOH)TV 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 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, integrated
marketing and branded content, 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
About Orange Door
Orange Door is a music video service provider domiciled in New
Zealand, which services many international markets with a range of
products specializing in the hospitality, fitness centres, bowling
centres and retail markets. It features regularly on the popular
Bar Rescue Show, which is hosted by Jon Taffer.
The company has a long association with New Zealand companies
who have embraced the world of digital entertainment across many
platforms and has developed close working relationships with the AV
industry, in order to deliver cutting edge technology to a broad
range of industry professionals. The company also works with local
entertainers to promote their productions onto the world stage
through its service offerings.
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/20230622029882/en/
Loop Media Press Contact Samara Cooperberg, AVP | 5WPR
looptv@5wpr.com
Loop Media Investor Contact Jim Cerna, Head of Capital Markets |
Loop Media ir@loop.tv
Orange Door Contact Ross Vickers, CEO | Orange Door
ross@orangedoormusic.com
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