Leading digital out-of-home (DOOH) CTV
platform for businesses partners with Adnimation to increase ad
revenue and diversify demand sources
Adnimation Ltd., a leading Google Certified Publishing Partner
(GCPP) for CTV dedicated to helping digital publishers grow their
businesses, and Loop Media, Inc. (“Loop Media”) (NYSE American:
LPTV), a leading multichannel streaming CTV platform for
businesses, announced today a new partnership. The partnership has
already yielded incremental revenue for both companies since it
began.
Loop Media is a leading multichannel streaming CTV platform that
provides curated music videos, sports highlights, news, premium
entertainment channels and digital signage for businesses,
utilizing 150+ CTV out-of-home (OOH) channels to reach millions of
viewers. Seeking to boost its ad revenue, Loop Media partnered with
Adnimation, whose CTV Fusion tool uses a combination of advanced
technology, hands-on expertise, and unique access to Google’s CTV
video advertising demand to increase ad revenue for publishers.
This partnership allows Loop Media to enjoy Google’s premium
demand while still looking to maintain its existing demand to
maximize competition and increase fill rates and CPMs across the
Loop® CTV network.
Adnimation offers a growing suite of monetization tools across
CTV apps, websites and mobile apps. Their unique monetization
technology and hands-on expertise make it easy for publishers to
increase their ad revenue. The CTV Fusion tool for Loop’s CTV
inventory uses Google’s PAL (Programmatic Access Library) SDK
(Software Development Kit) that enables CTV apps to access and
share audience targeting signals with Google Ad Manager. These
signals encompass valuable data points that seek to empower
advertisers to reach highly relevant audiences, boosting campaign
performance and maximizing ROI.
“Our partnership with Adnimation has been a bonafide success,”
said Brian Bloodgood, Head of Sales, Loop Media. “We were looking
for a partner to help us diversify our CTV demand sources and
Adnimation has unlocked one of the largest marketplaces for Loop.
As we continue to test new products and ideas with Adnimation, we
are excited to see how we develop as partners in the future.”
“We are very proud to partner with Loop Media and help them grow
their already impressive business,” said Maor Davidovich, CEO of
Adnimation. “The remarkable results we've witnessed thus far are
just the beginning, paving the way for a great future marked by
expectations of even more mutual growth and success. This
collaboration serves as a testament to the immense value of Loop
Media and the proven capabilities of Adnimation's CTV tool, which
has consistently demonstrated its effectiveness in elevating ad
revenue for CTV publishers.”
About Adnimation Ltd.
Adnimation, a Google Certified Publishing Partner (GCPP), was
founded in 2013 by a team of professionals who value the freedom of
access to information, technology, and data. The company’s
proprietary SaaS platform manages the programmatic ad sales process
for publishers, intelligently selling their advertising space and
maximizing their ad revenue.
For more information about how you can best monetize and
increase ad revenue of your websites, CTV apps, and mobile apps,
please visit www.adnimation.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.
To learn more about Loop Media products and applications, please
visit us online at www.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 cost cutting
measures, exploration of strategic alternatives and financing
opportunities, 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, opinions, beliefs 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240408785397/en/
Adnimation Media Press Contact Eytan Meir
press@adnimation.com
Loop Media Press Contact Jon Lindsay Phillips
loop@phillcomm.global
Loop Media (AMEX:LPTV)
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