08:49:53 EDT Tue 14 May 2024
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Stingray Group Inc
Symbol RAY
Shares Issued 50,494,450
Close 2024-03-11 C$ 7.40
Market Cap C$ 373,658,930
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Stingray rolls out new channels on Samsung TV Plus

2024-03-11 13:08 ET - News Release

Mr. David Purdy reports

STINGRAY INTRODUCES A NEW WAVE OF MUSIC AND VIDEO CHANNELS ON SAMSUNG TV PLUS ACROSS CANADA, AUSTRALIA, AND NEW ZEALAND

Stingray Group Inc. has launched new channels on Samsung TV Plus, Samsung's 100-per-cent-free ad-supported streaming TV (FAST) and video-on-demand service with over 2,500 ad-supported linear channels available globally in 24 countries and across 561 million active devices. This rollout introduces a rich selection of music and video channels tailored to diverse tastes and preferences, now available to users across Canada, Australia and New Zealand on Samsung smart TVs, Galaxy devices and more.

For Canadian audiences, Stingray presents an array of channels to explore. The lineup starts with Qello Concerts, presenting legendary full-length concert films and riveting documentaries. Music lovers can also discover Spa for serene soundscapes, Classic Rock for timeless anthems, Smooth Jazz for mellow vibes, Flashback for a journey through music's greatest eras and Remember the 80s for a dose of nostalgia.

The collection is set to expand on March 13, 2024, with the introduction of Stingray DJazz, delivering premier jazz performances, films and documentaries, alongside Stingray Classica, featuring breathtaking classical music concerts and ballets from the grandest venues around the world. These will be complemented by an assortment of new Stingray Music audio channels, including Nothin' But 90s with its throwback hits, Easy Listening for a mellow escape, Hip Hop with its vibrant beats, Today's K-Pop capturing the pulse of the Korean pop scene and Hot Country showcasing the latest in country music.

In Australia and New Zealand, the festive spirit arrives with Stingray Holidayscapes, a channel designed to elevate any home and make every celebration memorable with perfectly themed holiday backdrops set to uplifting season-based music. As of April 3, 2024, New Zealanders will have the opportunity to immerse themselves in the tranquility of Stingray Naturescape, which offers an escape to a world of stunning nature scenes, all set to peaceful soundtracks.

"We are incredibly excited to join forces with Samsung TV Plus, a leading FAST service with unparalleled reach in delivering free premium entertainment, to showcase our diverse portfolio of audio and video channels," said David Purdy, chief revenue officer at Stingray.

This partnership with Samsung TV Plus underscores Stingray's commitment to expanding its reach and delivering its top-tier music and video content to a broader audience.

About Stingray Group Inc.

Stingray, a global music, media and technology company, is an industry leader in TV broadcasting, streaming, radio, business services and advertising. Stingray provides an array of music, digital and advertising services to enterprise brands worldwide, including audio and video channels, over 100 radio stations, subscription video-on-demand content, FAST channels, karaoke products and music apps, and in-car and on-board infotainment content. Stingray Business, a division of Stingray, provides commercial solutions in music, in-store advertising solutions, digital signage, and AI-driven (artificial intelligence) consumer insights and feedback. Stingray Advertising is North America's largest retail audio advertising network, delivering digital audio messaging to more than 30,000 major retail locations. Stingray has close to 1,000 employees worldwide and reaches 540 million consumers in 160 countries.

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