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Loop Media, Inc., based in Palo Alto, California, is a streaming media company providing commercial streaming video products and solutions for businesses and consumers. Loop TV offers a plug-and-play option with applications for Amazon Fire TV, Roku, Apple TV, and smart TVs, while Loop Screencast caters to businesses. The company specializes in premium short-form video content, including music videos, film, game, and TV trailers. Loop Media utilizes marketing technology to deliver content in various settings like hospitality, dining, retail venues, branded media sites, and over-the-top TV platforms. The company's innovative approach and diverse content offerings have positioned it as a leading player in the digital media landscape.
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Loop Media, Inc. received a notice from NYSE American regarding non-compliance with listing standards due to stockholders' deficit and losses. The company's common stock will continue trading but with a designation of 'below compliance'. Loop Media must submit a compliance plan by May 23, 2024, to address the issues by October 23, 2025.
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Adnimation partners with Loop Media (LPTV) to boost ad revenue and diversify demand sources, yielding incremental revenue for both companies. Loop Media, a leading multichannel streaming CTV platform, collaborates with Adnimation's CTV Fusion tool to access Google's premium demand and enhance competition, fill rates, and CPMs across the Loop® CTV network.
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Loop Media, Inc. announces CEO Jon Niermann stepping down to focus on distribution and revenue, Justis Kao appointed as Interim CEO, Bruce Cassidy becomes Executive Chairman. The company plans to explore strategic alternatives and financing opportunities.
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Loop Media, Inc. (LPTV) introduces a new enterprise program to create customized business channels for free, enhancing brand awareness and customer engagement. The program aims to help enterprise businesses control costs and attract new customers by providing branded content on in-venue screens via the Loop® TV network.
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Loop Media, Inc. (LPTV) reports financial and operating results for its 2024 fiscal first quarter, showing a significant improvement in revenue and a reduced quarterly Adjusted EBITDA loss. The company's Q1 FY24 revenue exceeded $10 million, marking a 79% increase from the previous quarter. The revenue growth was purely organic, with no political advertising spend. Additionally, the quarterly Adjusted EBITDA loss decreased by 69% compared to the previous quarter. Despite entering the historically worst advertising quarter of the year, the CEO remains optimistic about the company's performance.
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News
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Loop Media, Inc. (LPTV) will host a conference call to discuss its financial and operating results for its 2024 fiscal first quarter. The call will take place on February 6, 2024, at 5:00 p.m. Eastern time. Loop Media is a leading multichannel streaming CTV platform that provides curated music videos, sports, news, premium entertainment channels, and digital signage for businesses. Participants can join the call using the provided registration link and dial-in numbers. The conference call will also be available for replay on Loop Media's investor relations website.
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Loop Media, Inc. (NYSE American: LPTV) has announced additional cash availability of approximately $4.0 million through insider warrant exercises and a new revolving debt facility. The company also converted existing long-term debt into shares and obtained funds from a new credit facility. They aim to strengthen their balance sheet and focus on growing their distribution footprint and revenues.
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OKO Digital (GCPP) partners with Loop Media Inc., a leading provider of Loop®TV, for CTV and DOOH growth opportunities
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Loop Media, a leading multichannel streaming platform (LPTV) reported a revenue increase to $31.6 million, with 103% YoY growth in Quarterly Active Units and a 22% SG&A Expense Reduction in Q4 2023 compared to Q4 2022. However, the company experienced a decrease in gross profit and gross margin, with a net loss of $(32.0) million or $(0.49) per share, compared to a loss of $(29.5) million or $(0.61) in fiscal year 2022.
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Loop Media, Inc. (NYSE American: LPTV) will host a conference call on December 12, 2023, at 5:00 p.m. Eastern time to discuss its financial and operating results for its full year 2023 and fiscal fourth quarter ended September 30, 2023.
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FAQ
What is the current stock price of LOOP MEDIA (LPTV)?
The current stock price of LOOP MEDIA (LPTV) is $0.03 as of December 20, 2024.
What is the market cap of LOOP MEDIA (LPTV)?
The market cap of LOOP MEDIA (LPTV) is approximately 3.1M.
What services does Loop Media, Inc. provide?
Loop Media, Inc. offers commercial streaming video products and solutions for businesses and consumers through its Loop TV and Loop Screencast offerings.
Where is Loop Media, Inc. headquartered?
Loop Media, Inc. is based in Palo Alto, California.
What platforms does Loop TV support?
Loop TV applications are available for popular streaming devices like Amazon Fire TV, Roku, Apple TV, and various smart TVs.
What types of content does Loop Media offer?
Loop Media specializes in premium short-form video content, including music videos, film, game, and TV trailers.
How does Loop Media deliver its content?
Loop Media utilizes marketing technology to deliver content in various settings such as hospitality, dining, retail venues, branded media sites, and over-the-top TV platforms.
What sets Loop Media apart in the digital media industry?
Loop Media's innovative approach and diverse content offerings have established it as a prominent player in the digital media landscape.
What is Loop Screencast?
Loop Screencast is a solution offered by Loop Media, Inc. tailored for businesses seeking streaming video products.
Where can Loop Media's content be viewed?
Loop Media's content can be accessed on branded media and entertainment sites, over-the-top TV platforms, IPTV devices, and select retail, dining, and hospitality venues.
What is Loop Media's focus area?
Loop Media, Inc. is focused on providing premium short-form video content and marketing technology solutions to enhance the streaming experience for businesses and consumers.
How has Loop Media positioned itself in the market?
Loop Media has positioned itself as a leading player in the digital media industry by offering diverse content options and leveraging innovative marketing technology.
What makes Loop Media unique?
Loop Media stands out in the digital media landscape due to its specialization in premium short-form video content and its ability to deliver content across various platforms and settings.
LOOP MEDIA INC
NYSE:LPTV
LPTV Rankings
LPTV Stock Data
3.08M
55.41M
34.08%
0.17%
1.99%
Broadcasting
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United States of America
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