MONTREAL, June 28, 2018 (GLOBE NEWSWIRE) -- Stingray (TSX:RAY.A) (TSX:RAY.B.), a leading business-to-business multiplatform music and video solutions provider, today announced that it has expanded its OTT distribution by adding Stingray Karaoke to Sling TV’s offering. All Sling TV users will have the ability to purchase a catalog of more than 10,000 karaoke songs and a dozen playlists that are ideal for parties and family get-togethers.
Stingray Karaoke is offered to all Sling TV users for a monthly subscription of US$7/month. Sling TV offers a selection of live and on-demand channels that can be streamed on devices such as Amazon Fire TV, AirTV Player, Apple TV, Roku, Xbox One and more.
To kick-off July Fourth festivities, Stingray Karaoke will offer Sling Orange and/or Sling Blue subscribers a free 5-song sampler of American music icons, including Garth Brooks, Tom Petty, Lee Greenwood, Lynyrd Skynyrd, and Miley Cyrus. From July 9 until Aug. 3, the free song sampler will switch to ABBA’s irresistible favorites such as “Dancing Queen,” “Waterloo,” and “Take a Chance on Me.”
Stingray Karaoke Highlights
“In the past year, the popularity of Stingray Karaoke has been crucial in substantially increasing the potential reach of our SVOD offering,” said Eric Boyko, President, Co-founder, and CEO of Stingray. “We are excited to be pursuing our growth with Sling TV, an innovative and forward-thinking streaming service that is ideally positioned to support our expansion in the SVOD space. With this launch, we prove once again that Stingray is trusted globally to deliver best-in-class music at an affordable price to the leading entertainment content providers.”
Stingray (TSX:RAY.A) (TSX:RAY.B.) is the world-leading provider of multiplatform music and video services as well as digital experiences for pay TV operators, commercial establishments, OTT providers, mobile operators, consumers, and more. Its services include audio television channels, premium television channels, 4K UHD television channels, karaoke products, digital signage, in-store music, and music apps, Stingray reaches 400 million subscribers (or users) in 156 countries and its mobile apps have been downloaded over 100 million times. Stingray is headquartered in Montreal and currently has close to 400 employees worldwide. For more information: www.stingray.com.
This news release may contain “forward-looking information” within the meaning of applicable Canadian securities legislation. Such forward-looking information includes information with respect to Stingray’s goals, beliefs, plans, expectations, anticipations, estimates and intentions. Forward-looking information is identified by the use of terms and phrases such as “may”, “would”, “should”, “could”, “expect”, “intend”, “estimate”, “anticipate”, “plan”, “foresee”, “believe”, and “continue”, or the negative of these terms and similar terminology, including references to assumptions. Please note, however, that not all forward-looking information contains these terms and phrases. Forward-looking information is based upon a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Stingray’s control. These risks and uncertainties could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include, but are not limited to, the risk factors identified in Stingray’s Annual Information Form (AIF) dated June 8, 2017, which is available on SEDAR at www.sedar.com. Consequently, all of the forward-looking information contained herein is qualified by the foregoing cautionary statements, and there can be no guarantee that the results or developments that Stingray anticipates will be realized or, even if substantially realized, that they will have the expected consequences or effects on Stingray’s business, financial condition or results of operation. Unless otherwise noted or the context otherwise indicates, the forward-looking information contained herein is provided as of the date hereof, and Stingray does not undertake to update or amend such forward-looking information whether as a result of new information, future events or otherwise, except as may be required by applicable law.
For more information, please contact:
Senior Vice-President, Marketing and Communications
1 514-664-1244, ext. 2362
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/8ad9591f-673c-49b8-82da-ceee5bc05c10