Loop Media, Inc. Expands Distribution and Content With New "HyperLoop" Viral Video and Action Sports Channel on SONIFI, Four Music Video Channels on Peacock, and the Debut of "TriviaLoop" in All Out-of-Home Venues Using the Loop for Business Service
Loop Media, Inc. ("Loop Media" or "Loop") (NYSE American: LPTV), a leading multichannel streaming platform that provides curated music video and branded entertainment channels for businesses and consumers, today announced both expanded distribution to NBC Universal's Peacock streaming service, and new channels for its SONIFI in-room partnership and its Loop for Business service.
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Loop's popular new channel "HyperLoop," released earlier this year, is now available in more than 400,000 hotel rooms across the United States through its partnership with SONIFI, making it one of Loop's fastest growing out-of-home (OOH) channels. "HyperLoop" combines content from the most relevant, premium sources in viral and action sports videos and features unique editing techniques and compelling music, making the channel impossible to turn off.
"HyperLoop" is already available in Loop's OOH locations in restaurants, bars, and retail stores, and can now also be seen in over 400,000 hotel rooms across national and enterprise hotel brand chains in the United States. "Loop Media's wide variety of content means "HyperLoop" has something for everyone," said Jennifer Leslie, SONIFI's Senior Vice President of Content and Advertising. "We're excited to provide this channel to enhance guests' in-room experiences and entertainment options."
Loop also announced that earlier this year they began producing four new music video channels for Peacock, NBC Universal's streaming service and one of Loop's newest distribution partners. Peacock's audience now has access to music video channels designed and programmed by Loop dedicated to Country, Pop, Latin and Classics.
Topping off its newest offerings, Loop has launched as "TriviaLoop", a set of new channels available on the Loop Player. "TriviaLoop" channels feature non-stop around-the-clock multiple-choice quizzes in eight different categories, including Music, Sports, TV and Films, History, Science and Nature, Art and Literature, Geography and Wild Card. "We designed "TriviaLoop" to be optimized for our out-of-home service," said Greg Drebin, Chief Content Officer of Loop Media Studios. "'TriviaLoop' is yet another great way for our business clients to offer their customers a unique, engaging and interactive new form of in-venue entertainment." "TriviaLoop" as well as the "TriviaLoop All Sports" channel and the "TriviaLoop All Music" channel are now available on the Loop for Business service.
About Loop Media
Loop Media, Inc. ("Loop Media") (NYSE American: LPTV) is a leading multichannel streaming platform that provides curated music video and branded entertainment channels for businesses. Through its proprietary "Loop Player" for businesses, Loop Media is a leading company in the U.S. licensed to stream music videos directly to venues out-of-home ("OOH").
Loop Media's digital video content reaches millions of consumers in OOH locations including bars/restaurants, office buildings, retail businesses, and on free ad-supported TV platforms like Roku and at local gas stations on GSTV terminals and in 400,000 hotel rooms in over 1300 hotels in the United States.
Loop is fueled by one of the largest and most important libraries that includes music videos, movie trailers 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 from free-ad-supported-television ("FAST") and from subscription offerings.
To learn more about Loop Media products and applications, please visit us online at Loop.tv
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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.