GLENDALE, Calif.--(BUSINESS WIRE)--Loop Media, Inc. (“Loop Media” or “Loop”) (NYSE American: LPTV), a leading multichannel streaming platform that provides curated music video, sports, news and entertainment channels for businesses, today announced the launch of two new streaming channels optimized for Loop-enabled digital-out-of-home (“DOOH”) venues. Loop TV’s new channels are: “Us Weekly” and “Just For Laughs.” These new channels are available now through Loop’s proprietary Loop Player for businesses.
Through their partnership with Us Weekly, the leading source of real-time pop culture, style, and entertainment related celebrity news, Loop's new Us Weekly channel features top celebrity news, photos, style tips, and exclusive video content. Us Weekly on Loop TV features hundreds of clips, refreshed daily and produced for out of home viewing. With current and compelling stories, visuals, and graphics, Us Weekly is a perfect addition to Loop's ever expanding DOOH channel lineup.
Also now live on Loop TV is the Just For Laughs Gags channel, based on the global smash Canadian series. Loop TV's new Just for Laughs Gags channel features hidden camera stunts and pranks that capture unsuspecting subjects and their hysterical responses. The channel is designed to work with or without audio and Loop has formatted it to be optimized to entertain patrons of businesses of all kinds.
“Loop Media is constantly looking to add new content channels that help create engaging environments for our clients and their customers,” said Greg Drebin, Chief Content Officer at Loop Media. “Us Weekly and Just For Laughs Gags expand categories that we know are popular: celebrity news and visual humor. These new channels fit seamlessly into our ever expanding channel lineup and are a very valuable addition for our clients as they look to enhance and define their venues' environment.”
About Loop Media
Loop Media, Inc. (“Loop Media”) (NYSE American: LPTV) is a leading digital out of home (DOOH) TV and digital signage platform optimized for businesses, streaming more than 200 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 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 video 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, and from subscriptions.
To learn more about Loop Media products and applications, please visit us online at Loop.tv
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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.