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, 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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