Velocity Media Expands its Advertising Sales Network with Loop Media Agreement
Rhea-AI Summary
Velocity Media has announced an exclusive media sales partnership with Loop Media Inc. (OTC: LPTV), expanding its digital out-of-home (DOOH) advertising network to over 50,000 venues. The agreement adds approximately 10,000 Loop Media venues, including bars, retail stores, salons, and office buildings to Velocity's network, effectively doubling its scale in the past year.
The expanded network now includes 22,000 bars and restaurants, 9,000 healthcare locations, 5,000 independent retailers, and 6,000 grocery venues. Velocity has developed specialized audience networks, including a traveler audience (22,000) and sports fan audience (25,000). The company has established an internal sales team across major cities including Denver, Los Angeles, New York, and Chicago to support this growth.
Positive
- Partnership adds 10,000 new venues to Velocity's network
- Network expansion doubles scale in past year to 50,000 venues
- Diversification across multiple venue types strengthens audience reach
- Exclusive media sales partnership provides new revenue stream
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, LPTV declined 2.75%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Loop Media is the Latest to Join the Network With 10,000 Venues
Velocity Media Network digital out-of-home (DOOH) Now Surpass 50,000 Venues
Loop Media, a leading multichannel and DOOH platform, specializes in streaming curated music videos, sports highlights, news, premium entertainment channels, and digital signage solutions for businesses. Loop Media's venues include a diverse array of consumer-facing locations such as bars, independent retail stores, salons, point-of-care offices, recreational and entertainment centers, and office buildings. With this partnership, Velocity Media has expanded its ad sales network to over 50,000 venues, doubling its scale in the past year.
Jon Niermann, founder of Loop Media, emphasized the value of Velocity's investment in DOOH and its impact on Loop Media's growth, stating:
"Velocity has made a real commitment to the DOOH space, investing in sellers, increasing scale, and enhancing audience strategies to broaden opportunities for buyers to include DOOH media as an essential part of omnichannel campaigns. We are enthusiastic about the growth they can bring to Loop in 2025 and beyond."
The Loop Media collaboration enhances Velocity's depth and breadth across venue types and formats, strengthening audience-buying capabilities for brands and agencies. Among its 50,000 venues, Velocity expands its scale in key verticals such as bars and restaurants (22,000), healthcare (9,000), independent retailers (5,000), and grocery (6,000). The network's growth enables Velocity to build larger, more robust campaigns that span multiple venues, delivering core and custom audiences for clients. Velocity has focused on building high-indexing audience networks, including the valued traveler audience (22,000) and sports fan audience (25,000). Velocity's expanded scale follows its decision to establish an internal sales team with sellers based in
Joe Ross, Chief Commercial Officer of Velocity Media, highlighted the company's efforts and goals in expanding its network:
"We have been working hard to aggregate more scale to our network, facilitating the process for brands and agencies to plan and buy audiences on a direct basis across multiple DOOH venue types. We are excited to add Loop Media to our network as they strengthen our offering and the additional short-form video and programming format. It is a dynamic time within DOOH, and we look forward to bringing more scale and continuing to be a single source option for direct DOOH audiences buying to complement programmatic buying."
This partnership with Loop Media marks a significant milestone in Velocity's mission to expand its Media Solutions offerings. By incorporating Loop Media's extensive place-based network, Velocity enhances its ability to deliver targeted, high-impact advertising campaigns across diverse venues. This collaboration exemplifies Velocity's dedication to providing innovative and effective DOOH solutions, ensuring brands connect with their audiences in meaningful and engaging ways.
About Velocity
Velocity, A Managed Solutions Company, is a technology-managed solutions provider specializing in voice, data, and connectivity services. With 24/7/365
Velocity Media Network, a division of Velocity, is a leading digital out-of-home (DOOH) media company offering a nationwide advertising network that connects brands with consumers through high-impact digital signage. Our network spans retail, hospitality, entertainment, and high-traffic venues, engaging audiences where they work, shop, dine, and travel. We provide a vast inventory of digital screens, including menu boards, panels, storyboards, and standees, delivering dynamic, real-time messaging at key consumer touchpoints.
With end-to-end solutions, we handle hardware provisioning, software integration, installation, content management, technical support, and media sales. Our advertising capabilities include programmatic and direct media buying, OOH and digital sales, and mobile media amplification. Backed by Velocity's IT and managed services expertise, we deliver seamless, data-driven advertising experiences with real-time content management, dynamic targeting, and measurement to help brands maximize visibility and engagement through a scalable DOOH ecosystem. For more information, visit www.velocitymsc.com.
About Loop Media, Inc.
Loop Media, Inc. is a digital out-of-home streaming TV network for businesses, providing premium music videos, news, sports, lifestyle, and entertainment channels through its Loop® TV service. Loop Media is the leading company in the
Loop Media's non-music channels cover a wide variety of lifestyle and entertainment genres, such as sports highlights, lifestyle and travel videos, viral videos, and more. Loop Media's streaming services generate revenue from programmatic and direct advertising, and subscriptions. To learn more about Loop Media, please visit Loop.tv.
Media Contact
Sarah Sandoval Chambers
Head of Corporate Communications
Velocity, A Managed Solutions Company
communications@velocitymsc.com
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SOURCE Velocity, A Managed Solutions Company