Live Sports and Other Live Channels Coming to Loop Media
Loop Media (NYSE American: LPTV) has announced a major enhancement to its content offering through an affiliation with Network Communications. This partnership allows Loop to offer 40 live channels to its out-of-home customers, including highly sought-after sports channels like NFL RedZone and NFL Network. The new subscription service will be available just in time for the 2024-25 sports season.
In addition to sports, Loop will offer themed channels covering comedy, news, pets, cuisine, and more. This expansion addresses the top content requests for bars, restaurants, universities, and gyms. Loop Media, already the largest provider of music videos to US businesses, is now positioned to meet the demand for live sports content in commercial venues.
Loop Media (NYSE American: LPTV) ha annunciato un'importante miglioria alla sua offerta di contenuti attraverso un'affiliazione con Network Communications. Questa partnership consente a Loop di offrire 40 canali live ai suoi clienti nel settore out-of-home, inclusi canali sportivi molto richiesti come NFL RedZone e NFL Network. Il nuovo servizio in abbonamento sarà disponibile proprio in tempo per la stagione sportiva 2024-25.
Oltre allo sport, Loop offrirà canali a tema che coprono comicità, notizie, animali domestici, cucina e altro. Questa espansione risponde alle principali richieste di contenuti per bar, ristoranti, università e palestre. Loop Media, già il principale fornitore di video musicali per le aziende statunitensi, è ora posizionata per soddisfare la domanda di contenuti sportivi live nei luoghi commerciali.
Loop Media (NYSE American: LPTV) ha anunciado una importante mejora en su oferta de contenido a través de una afiliación con Network Communications. Esta asociación permite a Loop ofrecer 40 canales en vivo a sus clientes fuera de casa, incluidos canales deportivos muy solicitados como NFL RedZone y NFL Network. El nuevo servicio de suscripción estará disponible justo a tiempo para la temporada deportiva 2024-25.
Además de los deportes, Loop ofrecerá canales temáticos que cubrirán comedia, noticias, mascotas, gastronomía y más. Esta expansión aborda las principales solicitudes de contenido para bares, restaurantes, universidades y gimnasios. Loop Media, ya el mayor proveedor de videos musicales para empresas en EE. UU., está ahora posicionada para satisfacer la demanda de contenido deportivo en vivo en los lugares comerciales.
루프 미디어 (NYSE American: LPTV)는 네트워크 커뮤니케이션과의 제휴를 통해 콘텐츠 제공을 크게 향상시켰다고 발표했습니다. 이 파트너십을 통해 루프는 40개의 라이브 채널을 아웃 오브 홈 고객에게 제공할 수 있게 되었으며, NFL 레드존 및 NFL 네트워크와 같은 인기 스포츠 채널도 포함됩니다. 새로운 구독 서비스는 2024-25 스포츠 시즌에 맞춰 제공될 예정입니다.
스포츠 외에도 루프는 코미디, 뉴스, 애완동물, 요리 등 다양한 테마 채널을 제공할 예정입니다. 이번 확장은 바, 레스토랑, 대학교, 체육관을 위한 주요 콘텐츠 요청에 부응하고 있습니다. 루프 미디어는 이미 미국 기업에 음악 비디오를 제공하는 가장 큰 공급업체로 자리 잡았으며, 이제 상업 공간에서 라이브 스포츠 콘텐츠의 수요를 충족할 준비가 되어 있습니다.
Loop Media (NYSE American: LPTV) a annoncé une amélioration majeure de son offre de contenu grâce à un partenariat avec Network Communications. Ce partenariat permet à Loop d'offrir 40 chaînes en direct à ses clients hors domicile, y compris des chaînes sportives très demandées comme NFL RedZone et NFL Network. Le nouveau service d'abonnement sera disponible juste à temps pour la saison sportive 2024-25.
En plus des sports, Loop proposera des chaînes thématiques couvrant la comédie, les nouvelles, les animaux de compagnie, la cuisine, et plus encore. Cette expansion répond aux principales demandes de contenu pour les bars, restaurants, universités et gymnases. Loop Media, déjà le plus grand fournisseur de vidéos musicales pour les entreprises américaines, est maintenant bien positionnée pour répondre à la demande de contenus sportifs en direct dans les espaces commerciaux.
Loop Media (NYSE American: LPTV) hat eine wesentliche Verbesserung seines Inhaltsangebots durch eine Partnerschaft mit Network Communications angekündigt. Diese Partnerschaft ermöglicht es Loop, 40 Live-Kanäle seinen Kunden außerhalb des Hauses anzubieten, darunter gefragte Sportkanäle wie NFL RedZone und NFL Network. Der neue Abonnementdienst wird rechtzeitig zur Sportsaison 2024-25 verfügbar sein.
Zusätzlich zu Sport wird Loop thematische Kanäle anbieten, die Comedy, Nachrichten, Haustiere, Küche und mehr abdecken. Diese Erweiterung zielt darauf ab, die wichtigsten Inhaltsanfragen für Bars, Restaurants, Universitäten und Fitnessstudios zu adressieren. Loop Media, bereits der größte Anbieter von Musikvideos für US-Unternehmen, ist jetzt in der Lage, die Nachfrage nach Live-Sportinhalten in kommerziellen Einrichtungen zu befriedigen.
- Expansion of content offering with 40 live channels, including popular sports networks
- Timing aligns with the start of the 2024-25 sports season, potentially driving subscriber growth
- Addresses top content requests (live sports and music) for commercial venues
- Diversifies revenue streams through new subscription opportunities
- Potential increase in content acquisition costs due to new channel offerings
- Subscription model may face competition from established sports content providers
Insights
Loop Media's expansion into live sports and other live channels marks a significant strategic move for the company. This development could substantially enhance Loop's value proposition in the out-of-home entertainment market, particularly for venues like bars, restaurants and gyms where live sports are in high demand.
The addition of NFL RedZone and NFL Network is particularly noteworthy, given the immense popularity of American football. This timing, just before the 2024-25 sports season, is strategic and could drive rapid adoption among Loop's business clients. The diverse range of other themed channels, from comedy to cooking, also broadens Loop's appeal across various business types.
However, it's important to consider the competitive landscape. Many venues already have established relationships with traditional cable or satellite providers for live sports content. Loop will need to offer compelling pricing and packaging to encourage businesses to switch or add their service.
From a financial perspective, this move into live content could potentially increase Loop's average revenue per user (ARPU) through premium subscriptions. However, the costs associated with these live channel rights, especially for high-demand content like NFL, could impact margins. Investors should watch for details on subscription pricing and uptake rates in future financial reports.
While this expansion is promising, it's important to note that Loop is still operating in a highly competitive and rapidly evolving market. The company's ability to effectively market and monetize these new offerings will be critical to translating this content expansion into tangible financial growth.
The integration of NFL RedZone and NFL Network into Loop Media's offering is a game-changer for the company's position in the sports entertainment sector. These channels are premium products with a dedicated following, particularly among the coveted demographic of sports bar patrons and restaurant-goers.
The timing of this launch, aligning with the upcoming NFL season, is strategically sound. It allows Loop to capitalize on the surge of interest and viewership that typically accompanies the start of the football season. This could lead to a significant boost in new subscriptions and potentially higher retention rates among existing clients.
However, it's worth noting that the sports broadcasting landscape is increasingly fragmented and competitive. While NFL content is a strong draw, Loop will need to continue expanding its sports offerings to compete with comprehensive packages offered by traditional sports networks and streaming services.
The addition of live sports content also opens up new revenue streams for Loop. Beyond subscription fees, there's potential for targeted advertising during sports broadcasts, which typically command premium rates. This could significantly enhance Loop's advertising revenue, particularly if they can leverage their digital platform for more personalized ad delivery.
Looking ahead, investors should monitor how this expansion affects Loop's operating costs and whether the company can maintain healthy margins as it ventures into the expensive world of live sports broadcasting. The success of this initiative could pave the way for further expansions into other major sports leagues, potentially positioning Loop as a serious contender in the commercial sports entertainment space.
NFL Red Zone, NFL Network and Fight Network Lead List of 40 Channels Now Available to Loop TV Out-Of-Home Client Venues Nationwide
Live Channel Distribution Marks Major Milestone for Loop Media Which is Already the Leader for Music Videos For Businesses
Other themed channels will be available through subscriptions, including Comedy TV, NASA TV, Pets TV, Scripps News, Cuisine & Culture, Recipe TV and Cars TV, offering Loop’s business clients an even wider range of contextualized viewing options for their customers.
“Live sports and music are always the top requests for content in bars, restaurants, universities, gyms and many other commercial venues. Loop TV has been the largest provider of music videos to US businesses for some time already, but we’ve been missing some great live sports offerings until now,” said Justis Kao, Interim CEO, Loop Media, Inc. “With the NFL season about to start, it’s the perfect time to launch this subscription opportunity for venues in addition to all of the other fantastic content available to fit specific themes of our venue partners.”
“Network Communications has been a leader in providing content to Commercial venues and Multiple Dwelling Units,” said Tim McDonald, CEO of Network Communications. “We are very pleased to work with a market leader like Loop Media to complement their current offerings with a strong tier of live channels that we think will work very well in out-of-home environments.”
Please send an email to sales@loop.tv for more information on subscribing, including a full listing of channels.
About Network Communications
Network Communications of
In addition to their IPTV linear TV service, NetComTV has recently entered the OTT space with a robust line-up of programming.
About Loop Media, Inc.
Loop Media, Inc. ("Loop®") (NYSE American: LPTV) is a leading connected television (CTV) / streaming / digital out-of-home TV and digital signage platform optimized for businesses, providing music videos, news, sports, and entertainment channels through its Loop® TV service. Loop Media is the leading company in the
Loop® TV’s digital video content is streamed to millions of viewers in CTV / streaming / digital out of home locations including bars/restaurants, office buildings, retail businesses, college campuses, airports, among many other venues in
Loop® TV is fueled by one of the largest and most important premium short-form entertainment libraries that includes music videos, movie trailers, branded content, and live performances. Loop Media’s non-music channels cover a wide variety of genres and moods and include movie trailers, 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 products and applications, please visit us online at Loop.tv
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Safe Harbor Statement and Disclaimer
This news release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, but not limited to, Loop Media's expected performance, ability to compete in the highly competitive markets in which it operates, statements regarding Loop Media's ability to develop talent and attract future talent, the success of strategic actions Loop Media is taking, and the impact of strategic transactions. Forward-looking statements give our current expectations, opinion, belief or forecasts of future events and performance. A statement identified by the use of forward-looking words including "will," "may," "expects," "projects," "anticipates," "plans," "believes," "estimate," "should," and certain of the other foregoing statements may be deemed forward-looking statements. Although Loop Media believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. Loop Media takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by third parties that are not paid for by Loop Media. Loop Media's Securities and Exchange Commission filings are available at www.sec.gov.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240731970845/en/
Loop Media Press Contact
Grant Genske
grant@loop.tv
Source: Loop Media, Inc.
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