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.
Loop Media Inc. (LPTV) delivers streaming media solutions and digital out-of-home (DOOH) advertising for commercial venues worldwide. This news hub provides investors and industry professionals with essential updates about the company's strategic initiatives, financial performance, and technological advancements.
Key resources include earnings announcements, partnership developments like the Velocity Media collaboration, and product updates for Loop TV/Screencast platforms. Track innovations in programmatic advertising solutions and expansion of the company's venue network across retail, healthcare, and hospitality sectors.
Discover timely reports on content licensing agreements, technology patents, and market positioning within the competitive digital signage industry. All materials are vetted for accuracy and presented in accessible language suitable for both casual observers and professional analysts.
Bookmark this page for consolidated access to Loop Media's official communications, including SEC filings analysis and executive commentary. Check regularly for updates on advertising revenue trends, device compatibility expansions, and international growth strategies.
Loop Media, Inc. (NYSE American: LPTV) has successfully priced an underwritten public offering of 2,400,000 shares at $5.00 per share, aiming to raise $12 million before expenses. The offering includes a 30-day option for the underwriter to purchase an additional 360,000 shares. Trading under the ticker symbol “LPTV” commenced on September 22, 2022, with expected closure on or around September 26, 2022, subject to customary conditions. Roth Capital Partners is the sole manager of the offering, which seeks to support Loop Media's multi-channel streaming platform growth.
Loop Media, Inc. (OTC: LPTV) will uplist to the NYSE American, with trading expected to commence around September 22, 2022. The uplisting is contingent upon meeting NYSE American requirements and SEC approval of its registration statement for a public offering. Additionally, the company plans a 1-for-3 reverse stock split effective at 4:01 PM ET on September 20, 2022, reducing shares from approximately 153.5 million to 51.2 million. Following the split, a temporary ticker symbol will be used until it trades under
Loop Media, Inc. (OTC: LPTV) has partnered with Hivestack, a leading programmatic digital out-of-home ad tech company. This collaboration will enhance Loop's advertising business by integrating its inventory into Hivestack's supply-side platform, enabling the generation of increased programmatic ad revenue. With Hivestack's machine learning technology, ads will be effectively sold, delivered, and measured across Loop's extensive digital screen network. The partnership is expected to provide greater market reach, particularly beyond the U.S.
Loop Media (OTC: LPTV) has announced the rollout of an upgraded user experience on its Loop Player, which serves businesses in the Digital Out Of Home (DOOH) sector. The new interface enhances navigation and search functionality, featuring an image-based layout and highly requested controls. With over 145 channels of music and entertainment, the Loop Player aims to boost customer engagement. Loop Media has previously been recognized with awards for its programming strategy, emphasizing its commitment to innovation in digital signage solutions.
Loop Media, Inc. (OTC: LPTV) announced a performance by RECORDS Nashville artist Erin Kinsey at Texas Roadhouse in The Colony, TX, on August 6, 2022, marking the anniversary of her single "Just Drive," which has over 36 million streams. The event highlights Loop's commitment to promoting out-of-home (OOH) and digital out-of-home (DOOH) opportunities for artists. The OOH industry is projected to be worth nearly $1 trillion by 2028. CEO Jon Niermann emphasized their role in connecting artists with fans through unique venues, expanding revenue opportunities for the music and entertainment sectors.
Loop Media (OTC: LPTV) is holding a meet and greet performance featuring RECORDS Nashville artist Erin Kinsey at Texas Roadhouse in Dallas on August 6, 2022. This event celebrates the anniversary of Kinsey's single, 'Just Drive,' which has garnered over 36 million streams. Loop Media aims to create new opportunities for artists through live performances and its proprietary Loop Player, enhancing their reach and revenue in the out-of-home (OOH) sector. CEO Jon Niermann emphasizes expanding artist opportunities across various genres in unique venue settings.
Loop Media, Inc. (OTC: LPTV) announced the launch of a new specialty channel, “Tequila Day,” set to debut on July 22, 2022. This channel will feature curated tequila-themed music videos to enhance customer experiences at venues using Loop’s digital-out-of-home (DOOH) video service. The channel coincides with National Tequila Day on July 24, which aims to attract patrons to bars and restaurants. Loop Media boasts a wide range of music and lifestyle video channels, reaching numerous OOH locations across the U.S.
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