Loop Media, Inc. to Deliver Exciting New Content in Partnership with FITE
Glendale, CA—June 24, 2021—Loop Media, Inc. ("Loop Media") (OTC: LPTV), a multichannel digital platform and a leading provider of video streaming services for businesses and consumers that features Loop Media's own branded music and entertainment channels and curated playlists, today announced a major content partnership with FITE, the premiere digital network for global sports and entertainment.
The new partnership with FITE allows Loop Media to bring thousands of hours of live and on demand free programs to millions of fans around the world. FITE is the leading global digital distributor for the industry's marquee PPV shows, such as Tyson-Jones Jr and Paul-Askren Triller Fight Club events, PBC/Fox, Showtime and Top Rank/ESPN events, along with BKFC, AEW, Impact, and NWA, plus concerts, soccer, motorsports and more, up to 1,000 per year.
"We are very excited for FITE to be added to Loop TV's video distribution," stated Louis Lewow, FITE's VP of Distribution. "Loop Media has built a terrific footprint for consumer awareness and engagement, which will allow us to promote our content offering, and attract new fans to our brand."
"In our never-ending drive to make Loop for business the ultimate service for our clients, we are thrilled with the addition of the FITE content. FITE is a fantastic and exciting new partner. They are a world class producer and provider of high-quality programming and the FITE content opens a compelling and dynamic new category for us and our clients." said Greg Drebin, Chief Content and Marketing Officer for Loop Media.
About FITE:FITE is the premiere global platform for live sports and entertainment offering PPV events and SVOD packages with 4.6M+ registered users. FITE is available worldwide through its iOS and Android mobile apps, Apple TV, Android TV, ROKU, Amazon Fire TV and Huawei apps. In addition, FITE supports Samsung, LG, Cox Contour, Vizio SmartCast™, Virgin Media, Foxxum, Chromecast, PS4, XBOX, ZEASN, Netrange, Vidaa/Hisense, Vewd, Netgem TV, Comcast's Xfinity 1 and Xfinity Flex as well as 7,000 models of Smart TVs. Available online at www.FITE.tv. Follow us on Twitter, Instagram, YouTube, LinkedIN and Facebook.
About Loop Media
Loop Media, Inc. is a multichannel digital platform and a leading provider of video streaming services for businesses and consumers that features Loop Media's own branded music and entertainment channels and curated playlists. Through its proprietary "Loop Player" for businesses and interactive mobile and TV apps for consumers, Loop Media is the only company in the U.S. licensed to stream music videos directly to consumers and venues out-of-home ("OOH").
Loop Media's digital video content reaches thousands of OOH locations including hotels, bars/restaurants, office buildings, and retail businesses, as well as millions of consumers in the U.S., Canada, and Latin America through its apps for iOS, Android, and Huawei, as well as connected TVs and Smart TVs. These TV platforms include Amazon Fire TV, Android TV, AT&T TV, Hisense, JVC, LG, Philips, Roku, Sharp, Sony, Toshiba, VIZIO, and free ad-supported TV platforms TIVO+, Plex, DistroTV, and GSTV.
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. The Loop Media consumer apps allow users to create their own playlists, or "Loops," and share them live with interactive watch parties. 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.
Download the Loop Media app by searching "Loop Media" on your Smart TV's app store or opening loop.tv/app on your mobile device. To learn more about Loop Media products and applications, please visit us online at Loop.tv.
Safe Harbor Statement and DisclaimerThis 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 http://www.sec.gov.
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