Loop Media Inc. Announces Platform Certification from Alliance for Audited Media

Rhea-AI Summary

Loop Media (NYSE American: LPTV) has received certification from the Alliance for Audited Media (AAM) for its digital out-of-home (DOOH) platform. This third-party certification confirms that Loop Media's advertising delivery, impression measurement, and digital video advertising processes meet IAB guidelines. The AAM verified the accuracy of Loop Media’s screen network locations and its ad tracking and reporting processes. This certification aims to boost advertiser confidence and expand Loop Media's distribution. Loop Media’s Founder, Jon Niermann, highlighted the importance of accurate audience targeting for business success.

Positive

• Loop Media received AAM certification, validating its DOOH platform's compliance with industry standards.
• The certification may attract more top advertisers and expand Loop Media’s distribution network.

Negative

• None.

Certification Verifies Digital Out-of-Home Advertising Locations, Ad Delivery, and Reporting

BURBANK, Calif.--(BUSINESS WIRE)-- Loop Media, Inc. ("Loop Media") (NYSE American: LPTV), a leading multichannel streaming CTV DOOH platform that provides curated music videos, sports highlights, news, premium entertainment channels and digital signage for businesses, is pleased to announce it has received certification from the Alliance for Audited Media (“AAM”) after an independent review of its digital out-of-home technology platform and screen network.

AAM, a not-for-profit auditing organization, performed the independent third-party certification for Loop Media. AAM verified the location accuracy of the screen network and reviewed Loop Media’s processes for delivering, tracking and reporting digital ad impressions. The certification confirms that Loop Media’s platform meets IAB guidelines for digital advertising delivery, impression measurement and digital video advertising.

"We are honored to have received this certification from AAM,” said Jon Niermann, Founder of Loop Media. "Verification of the accuracy of our partner venues is very important to the success of our business, as it is essential for advertisers and partners to have confidence that their media budgets are going to accurate audiences and locations. With the positive outcome of this independent review, we hope to attract even more top advertisers as well as increased distribution of our Loop Player nationwide."

"The AAM Digital Out of Home (DOOH) certification process is a rigorous review of Loop Media’s screen network and compliance to industry guidelines for digital ad delivery, measurement and reporting. We applaud Loop Media on this achievement,” said AAM President Richard Murphy.

About the Alliance for Audited Media

As the largest not-for-profit media assurance organization, the Alliance for Audited Media delivers impartial, credible data to help media buyers buy and sellers sell. AAM works alongside the media and advertising industry to establish standards that can be verified independently, ensuring the legitimacy of the businesses that drive media's progress. AAM also provides verification for compliance programs including brand safety, privacy, sustainability and tech assurance. Learn more at auditedmedia.com.

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 U.S. licensed to stream music videos to businesses through its proprietary Loop® Player.

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 the United States, Canada, Australia, and New Zealand.

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.

Follow us on social:

Instagram: @loopforbusiness

X (Twitter): @loopforbusiness

LinkedIn: https://www.linkedin.com/company/loopforbusiness/

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/20240709833605/en/

Loop Media Press Contact

Grant Genske

grant@loop.tv

626-610-6913

Source: Loop Media, Inc.

FAQ

What certification did Loop Media (LPTV) recently receive?

Loop Media (LPTV) recently received certification from the Alliance for Audited Media (AAM) for its digital out-of-home (DOOH) platform.

How does the AAM certification benefit Loop Media (LPTV)?

The AAM certification benefits Loop Media (LPTV) by verifying the accuracy of its DOOH platform, which can attract more top advertisers and increase its distribution network.

What does the AAM certification verify for Loop Media (LPTV)?

The AAM certification verifies Loop Media’s (LPTV) screen network location accuracy, ad delivery processes, and compliance with IAB guidelines for digital advertising.

Why is AAM certification important for Loop Media (LPTV)?

AAM certification is important for Loop Media (LPTV) because it ensures advertiser confidence by confirming the accuracy of audience targeting and ad impression measurement.

What is the potential impact of AAM certification on Loop Media's (LPTV) business?

The potential impact of AAM certification on Loop Media's (LPTV) business includes attracting more advertisers and expanding its nationwide distribution.