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.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Loop Media's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Loop Media's position in the market.
Rhea-AI Summary
OKO Digital (GCPP) partners with Loop Media Inc., a leading provider of Loop®TV, for CTV and DOOH growth opportunities
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.66%
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Rhea-AI Summary
Loop Media, a leading multichannel streaming platform (LPTV) reported a revenue increase to $31.6 million, with 103% YoY growth in Quarterly Active Units and a 22% SG&A Expense Reduction in Q4 2023 compared to Q4 2022. However, the company experienced a decrease in gross profit and gross margin, with a net loss of $(32.0) million or $(0.49) per share, compared to a loss of $(29.5) million or $(0.61) in fiscal year 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-38.29%
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Rhea-AI Summary
Loop Media, Inc. (NYSE American: LPTV) will host a conference call on December 12, 2023, at 5:00 p.m. Eastern time to discuss its financial and operating results for its full year 2023 and fiscal fourth quarter ended September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
24.07%
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Rhea-AI Summary
Loop Media, Inc. (LPTV) introduces 10 holiday channels on Loop® TV, offering a diverse range of festive music videos to create a joyful and celebratory atmosphere for businesses this holiday season. The channels are meticulously curated by the Loop® team and cater to a wide variety of tastes and preferences, ensuring a positive and engaging experience for customers. With a vast network of screens across North America, Loop® TV embraces the festive spirit by providing uninterrupted celebrations of holiday hits, genre-specific channels, classic holiday melodies, Yule log videos, and inspirational religious music.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.36%
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News
Rhea-AI Summary
Loop Media, Inc. (LPTV) Upgrades Trivia Channel with 400+ New Questions and New Host Grace Demarco. The press release highlights the company's rebranding of its Trivia channel to 'Loop Trivia' and the addition of 400+ new questions with actress Grace Demarco as the new host. Loop Trivia is a top streaming channel on Loop TV, aiming to enhance customer engagement for business operators in the hospitality space. The addition of Grace Demarco as the host is expected to further elevate the interactive customer experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.74%
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Rhea-AI Summary
Loop Media, Inc. has added mitúTV and Loop Estrellas to its Latino-focused channels on the Loop TV platform. These channels offer premium Latino-focused entertainment content for the Hispanic U.S. business community. Loop Media aims to enhance the in-venue experience for its customers by providing additional Latino-focused channels.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-21.32%
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Rhea-AI Summary
Loop Media, Inc. has migrated its platform infrastructure to Amazon Web Services (AWS), leveraging the AWS Startups program. The migration includes the use of Amazon Relational Databases (RDS), Amazon CloudFront, and Amazon Elastic Compute Cloud (EC2). Loop Media now utilizes 35 different AWS services monthly on average, along with Multi-Channel Fulfillment (MCF) and Fulfillment by Amazon (FBA) for operational cost savings. The company expects to achieve greater efficiencies and opportunities through its partnership with AWS.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.09%
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Rhea-AI Summary
Loop Media rolls out beta-testing video advertising platform for local businesses, potentially significant ad revenue
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Rhea-AI Sentiment
End-of-Day
-4.99%
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Rhea-AI Summary
Loop Media converts $4.4 million debt to equity and extends short-term note, improving debt position. Short-term debt reduced by 6.7 million. Management reduces salaries and no bonuses for fiscal 2023. Cost control measures implemented. Excel agrees to convert $4.4 million debt into equity and increase 2025 LOC by $2.27 million. Warrant issued to Excel. Outstanding principal amount of 2025 LOC is $3.17 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.86%
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Rhea-AI Summary
Loop Media adds Latino-focused content to its Loop TV platform for businesses, targeting the Hispanic U.S. business community. Loop TV's Latino-focused channels include Latin Hits, Latin Indie, Latin Kids, Latin Pop, Latin Super Channel, Latino Tropical, Live: Latin, Mood Boost Latin, Cinco de Mayo, and Mexican Restaurant. Loop Media plans to add more Latino-focused content in the future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.39%
Tags
Loop Media, Inc.
NYSE:LPTV
LPTV Rankings
LPTV Stock Data
22.67M
32.63M
69.66%
10.63%
2.37%
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About LPTV
loop media, inc., a streaming media company, provides commercial streaming video products and solutions for businesses and consumers. it offers loop tv a plug and play with the loop tv application for amazon fire tv, roku, apple tv, and various smart tvs; and loop screencast, a solution for business. the company is based in palo alto, california.