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Frankly Signs Multi-Year Agreements with Rural Media Group and SNJ TodayNew Wins Accelerate Company's Expansion from its Core Local TV Broadcasting Market into all Digital Media Verticals SAN FRANCISCO, Aug. 23, 2016 /CNW/ -- Frankly Inc. (TSX VENTURE: TLK) (Frankly), a leading content, engagement and monetization platform for brands and media companies, has signed multi-year agreements with both Rural Media Group and SNJ Today. Nashville-based Rural Media Group (RMG) is the world's leading provider of multimedia content dedicated to the rural and Western lifestyle. Through its distribution networks, the content provider reaches more than 100 million homes worldwide across various media, print, and online channels, including RFD-TV, Rural Media Group's flagship network, the nation's first 24-hour television network dedicated entirely to agribusiness, rural lifestyles, and traditional entertainment and music. RMG also operates RURAL RADIO Channel 147 on SiriusXM and FamilyNet. Rural Media Group recently renewed its three-year contract with Frankly to continue using the company's content management system (CMS) and hosting solutions for all RMG properties. In addition, RFD-TV will begin using Frankly's online video services and website development expertise to enrich its content library and overall customer experience. "Building off a strong three-year relationship with Rural Media Group, this renewal contract truly reflects our best-in-class approach of tackling the entire media platform dilemma," said Steve Chung, CEO of Frankly. "With so many media companies possessing fragmented and complex media platforms, it becomes difficult for these organizations to manage their digital presence. We are pleased to not only continue our previous work with Rural Media Group, but to also deliver an expanded suite of solutions that can help them more effectively manage their media properties and service their growing audience." Frankly's other multi-year agreement is with SNJ Today, a southern New Jersey news and information source based in Millville, New Jersey. Across its TV, newspaper, and radio properties, SNJ Today delivers local news, information, weather data, entertainment, and other content relevant to southern New Jersey. SNJ Today selected Frankly to be its provider of multimedia platform services, including CMS, advertising, mobile apps, over-the-top (OTT) apps, and online video and website management. Frankly will offer a complete multimedia management platform that will help SNJ Today optimize its content creation and sharing processes under one integrated workflow. Chung added: "We are honored t have been selected by SNJ Today to provide our comprehensive multimedia management platform. Because we're able to offer a unified workflow that's tailored to comprehensive media companies such as SNJ Today who have video, print and audio needs, we are truly unique and differentiated in the market. Both this new win and our renewal win with Rural Media Group accelerate our expansion into media verticals outside of our core local TV broadcasting market, which we look to continue in the months and quarters ahead." About Rural Media Group About RFD-TV About RURAL RADIO About SNJ Today About Frankly Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Notice regarding forward-looking statements: This release includes forward-looking statements regarding Frankly and their respective businesses. Forward-looking events and circumstances discussed in this release, may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting the parties. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Frankly undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/frankly-signs-multi-year-agreements-with-rural-media-group-and-snj-today-300315975.html SOURCE Frankly Inc. |