TikTok Available Now on Loop TV as New Out of Home Channel

Rhea-AI Summary

Loop Media (NYSE American: LPTV) has launched a dedicated TikTok channel for businesses, integrating TikTok content into its digital out-of-home service. This collaboration brings popular TikTok videos to over 12,500 Loop Players across the U.S., enhancing customer engagement in venues like restaurants and retail spaces. The channel is specifically curated for public viewing, featuring tens of thousands of visually appealing videos optimized for soundless enjoyment. This initiative aims to provide businesses with new entertainment options while expanding TikTok's reach.

Positive

• Launch of TikTok channel enhances customer engagement in over 12,500 venues.
• Curated content allows businesses to offer popular entertainment without needing sound.
• Strengthens Loop Media's position in the digital out-of-home video market.

Negative

• None.

Dedicated TikTok Channel Now Available on Loop TV, Bringing TikTok to Thousands of Businesses Including Restaurants, Retail, Salons, Healthcare Offices, and More

GLENDALE, Calif.--(BUSINESS WIRE)-- Loop Media, Inc. (“Loop Media” or “Loop”) (NYSE American: LPTV), a leading multichannel streaming platform that provides curated music video and branded entertainment channels for businesses and consumers, today announced a new collaboration with TikTok, bringing content from the entertainment platform with a community of over one billion, to Loop Media’s digital out-of-home service on a dedicated TikTok channel.

TikTok and Loop Media have teamed up to bring the platform’s highly engaging and entertaining content to over 12,500 Loop Players and devices across the United States, inviting patrons of bars, restaurants, retail shops and more to experience the joy of TikTok. Optimized for viewing in public spaces, the expertly-curated channel features tens-of-thousands of the platform’s most engaging and visually-appealing videos that can be enjoyed with or without sound. The TikTok community loves to be entertained by their favorite creators, trends and community and Loop TV’s dedicated TikTok channel is an exciting new way for people to experience the platform.

“In our continual pursuit to create channels that bring value to businesses of all kinds, our new TikTok channel on Loop TV is the perfect addition to our service,” said Greg Drebin, Chief Content Officer for Loop Media Studios. “TikTok is the leading destination for short-form mobile video and together we have curated a new channel that captures the diversity and popularity of this world-class platform.”

“TikTok has become the platform more than a billion people turn to for entertainment throughout their day. With TikTok’s dedicated channel on Loop TV, that experience can be extended to new screens, venues, and audiences,” said Dan Page, Head of Global Distribution, New Screens at TikTok. “We are excited to collaborate with Loop to launch a channel that provides viewers with an experience that’s distinctly TikTok and offers our community more opportunities to spark joy throughout their day.”

The new TikTok channel is available now to all businesses and venues using the Loop Player, home to over 200 music, entertainment, and information channels.

About Loop Media

Loop Media, Inc. (“Loop Media”) (NYSE American: LPTV) is a leading multichannel streaming platform that provides curated music video and branded entertainment channels for businesses. Through its proprietary “Loop Player” for businesses, Loop Media is a leading company in the U.S. licensed to stream music videos directly to venues out-of-home (“OOH”).

Loop Media’s digital video content reaches millions of consumers in OOH locations including bars/restaurants, office buildings, retail businesses, college campuses, airports and on free ad-supported TV platforms like Roku and at local gas stations on GSTV terminals and in 400,000 hotel rooms in over 1300 hotels in the United States.

Loop is fueled by one of the largest and most important libraries that includes music videos, movie trailers and live performances. Loop Media’s non-music channels cover a multitude 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 advertising, sponsorships, integrated marketing and branded content from free-ad-supported-television (“FAST”) and from subscription offerings.

To learn more about Loop Media products and applications, please visit us online at Loop.tv

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Twitter: @loopforbusiness

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

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 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 SEC filings are available at www.sec.gov.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221004005471/en/

Loop Media Press Contact

Jon Lindsay Phillips

Loop@phillcomm.global

Loop Media Investor Contact

Sean Mansouri, CFA | Elevate IR

ir@loop.tv

Source: Loop Media, Inc.

FAQ

What is the new partnership between Loop Media and TikTok about?

Loop Media has launched a dedicated TikTok channel, bringing TikTok's content to over 12,500 locations across the U.S., enhancing customer engagement.

How many Loop Players will feature the new TikTok channel?

The TikTok channel will be available on over 12,500 Loop Players and devices nationwide.

When was the TikTok channel launched on Loop TV?

The TikTok channel is available now, according to the recent press release.

What does the TikTok channel on Loop Media offer businesses?

The channel provides businesses with access to curated TikTok content, enhancing the entertainment experience for customers in various venues.

What is the stock symbol for Loop Media?

Loop Media is traded under the stock symbol LPTV on the NYSE American.