Welcome to our dedicated page for Loop Media news (Ticker: LPTV), a resource for investors and traders seeking the latest updates and insights on Loop Media stock.
This page provides an organized feed of historical news and press releases related to Loop Media, Inc. (LPTV). Loop Media described itself as a multichannel connected television (CTV), streaming, digital out-of-home TV and digital signage platform for businesses, delivering curated music videos, sports highlights, news, premium entertainment channels, select live sports and other channels, along with digital signage solutions through its Loop TV service and proprietary Loop Player.
The news archive includes company announcements about partnerships, distribution agreements and content collaborations that shaped Loop Media’s presence in the CTV and DOOH sectors. Examples from past releases include strategic partnerships to expand advertising sales representation across thousands of venues, collaborations to integrate curated FAST channels and AVOD/TVOD offerings, and agreements aimed at enhancing monetization of premium content in out-of-home environments.
Investors and researchers can also review earnings and financial results releases, where Loop Media reported revenue trends, gross margin, net loss, adjusted EBITDA and operational metrics such as quarterly active units on its owned and operated platform and the number of partner screens. These releases often discussed cost-cutting measures, restructuring of content licenses and efforts to streamline operations in response to a challenging advertising market.
In addition, the news timeline captures key corporate and regulatory developments, including the August 2024 notice of NYSE American delisting proceedings and transition to OTC trading, as well as later communications about creditor actions, loan defaults and the company’s intention to deregister its securities. Subsequent SEC filings reported the filing of a Form 15 to terminate registration and, later, Chapter 7 bankruptcy petitions for Loop Media and its subsidiary, which marked a shift from operating company updates to information about liquidation and winding up.
For anyone researching LPTV, this news page serves as a historical record of Loop Media’s business activities, partnerships, financial performance and eventual move into deregistration and Chapter 7 proceedings. Users can use this context to understand how the company’s strategy and financial condition evolved over time.
Loop Media (OTC: LPTV) has announced a partnership with SONIFI Solutions to provide curated music video content across SONIFI's interactive television systems in over 1,300 hotels nationwide. This collaboration will deliver Loop Media's extensive music library, including top artist music videos, to around 400,000 hotel rooms, enhancing guest experiences and streamlining in-room entertainment options. Loop Media's CEO, Jon Niermann, emphasized the significance of this partnership in expanding their reach while aligning with their mission to deliver premium entertainment in out-of-home environments.
Loop Media, Inc. (OTC: LPTV) has launched two new channels, So Yummy! and Blusher, aimed at out-of-home (OOH) business clients on its Loop Player. Developed by First Media, these channels offer engaging food and beauty content tailored for environments such as bars, restaurants, and salons. The addition complements the recent launches of Global Fashion Channel and GoPro TV, reflecting Loop Media's strategy to enhance its consumer lifestyle offerings. The new channels are available in various OOH venues across North America, expanding Loop Media's reach and diversified content portfolio.
Loop Media (OTC: LPTV) has launched GoPro TV, a new streaming channel available on the Loop Player for out-of-home clients. This addition aims to enhance the entertainment content offered to businesses and consumers with unique, immersive experiences captured by GoPro cameras. CEO Jon Niermann emphasized the channel's role in diversifying content and expanding the audience base. Loop Media's digital content is accessible across various platforms, reaching numerous venues in the U.S., Canada, and Latin America.
Loop Media (OTC: LPTV) has launched the Global Fashion Channel (GFC) on its Loop Player, catering to out-of-home (OOH) business clients. The GFC provides high-quality, 4K fashion and lifestyle content, featuring runway shows, beauty trends, and luxury destinations. Jon Niermann, CEO of Loop Media, emphasized that GFC enhances their video offerings, aligning with their vision of immersive content experiences. This addition aims to strengthen Loop Media's position in the OOH entertainment sector.
On October 6, 2021, Loop Media (OTC: LPTV) announced the appointment of Neil Watanabe as Chief Financial Officer, effective September 30, 2021, succeeding Jim Cerna. Watanabe brings over 25 years of financial leadership experience from companies such as CarParts.com and PetSmart. CEO Jon Niermann highlighted Watanabe's expertise in Nasdaq and NYSE-listed companies as crucial for enhancing shareholder value. Cerna will assist during the transition. Loop Media aims to expand its investor reach while providing curated digital video content across various platforms.
Loop Media, Inc. (OTC: LPTV) announced the expansion of its board of directors by appointing Denise M. Penz and Sonya Zilka as independent directors, effective October 1, 2021. The board will now have four members, with three being independent. The company is setting up an Audit Committee, chaired by Penz, and a Compensation Committee, chaired by Zilka. This move aligns with Loop Media's commitment to enhance corporate governance and shareholder value. Both appointees bring extensive experience in finance and human resources, aimed at improving board composition and governance practices.
Loop Media, Inc. (OTC: LPTV) has launched its first audio-only offering, the "Asia Pop40" podcast, expanding its reach beyond video content. Available on Spotify, the podcast features the top 10 songs in Asia, artist interviews, and segments hosted by Joey Chou. This initiative is part of Loop Media Studios' strategy to diversify content and engage a broader audience.
The Asia Pop40 podcast complements Loop's existing radio program aired in over 100 markets globally, emphasizing the company's commitment to connecting fans with music artists.
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Loop Media, Inc. (OTC: LPTV) announces its new Movie Trailers+ channel, expanding its out-of-home (OOH) service. This channel will stream curated trailers from a vast library, including blockbusters and independent films, aimed at enhancing viewer experience. It will feature unique categories like “Your Star Here” and “End of the Stream” to help audiences discover films and shows. This innovation showcases Loop's strategy to provide engaging content to its OOH clients, beginning this month on the Loop Player.
Loop Media (OTC: LPTV) has expanded its partnership with Roku by launching The Wiggles Channel, dedicated to one of the world's top children's entertainment groups, effective August 19, 2021. This channel will provide continuous access to popular Wiggles content, including shows and specials featuring the original Wiggles members. The initiative aims to enhance Roku's family-friendly offerings while allowing Loop Media to leverage its streaming capabilities for revenue generation. The Wiggles brand has a significant global presence, reaching millions of viewers worldwide.