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Stingray (TSX:RAY.A) pivots to streaming with 8 new partners worldwide

Media
TSX:RAY.A
27 October 2021 15:45 (EDT)
Stingray - President and CEO, Eric Boyko

Source: Canadian Business

Stingray (RAY.A) has now launched TV channels and premium services with eight major TV and over-the-top (OTT) media providers.

With this announcement, Stingray confirms new partnerships with Local Now, Plex TV and Struum, and solidifies existing relationships with Altice USA, Amazon Prime Video Channels, Claro, Pluto TV and Totalplay.

The providers are based around the world in countries like the United States, Italy, the Netherlands, Spain, Brazil, Canada, and Mexico.

Eric Boyko, President, Co-founder, and CEO of Stingray, commented,

“What attracts the world’s biggest entertainment content providers to Stingray’s music and lifestyle services is our expert curation and adaptability to varied platforms as technologies and audience needs evolve.”

Stingray’s free ad-supported TV channels (FAST channels) offer audiences a way to access music and lifestyle content at no extra cost through free streaming services.

The channels include Qello Concerts by Stingray, Stingray Karaoke, Stingray Naturescape, and Stingray Music.

“We are thrilled to bring Stingray services to new and existing partners looking to provide quality entertainment for their customers,” said Mr. Boyko. “With these new distribution agreements, we have grown our potential worldwide reach by over millions of viewers.”

Montreal-based Stingray is a leading global music, media, and technology company with over 1,000 employees worldwide.

Shares in Stingray Group Inc. (RAY.A) are up 0.15 per cent, trading at $6.70 per share as of 3:17 pm ET.

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