Stingray

InvestmentPitch Media Video Discusses Victory Battery Metals' New Strategic Focus on Uranium in Two Prolific Regions and Updates on its Lithium Potential at James Bay, Quebec

Retrieved on: 
Wednesday, February 7, 2024

Mark Ireton, President and CEO, stated: "The strategic decision to explore uranium opportunities is driven by demand from nuclear reactors which was projected at 65,650 tonnes of elemental uranium in 2023.

Key Points: 
  • Mark Ireton, President and CEO, stated: "The strategic decision to explore uranium opportunities is driven by demand from nuclear reactors which was projected at 65,650 tonnes of elemental uranium in 2023.
  • For more information, please view the InvestmentPitch Media video which provides additional information about this news and the company.
  • The significant 347 non-contiguous claims cover 17,792 hectares and stretch across 65 km from west to east in the highly sought after James Bay Lithium District.
  • Management is closely monitoring the outcomes of Rio Tinto-Azimut's ongoing winter program to refine its own exploration strategy and target delineation.

Stingray Reports Third Quarter Results for Fiscal 2024

Retrieved on: 
Tuesday, February 6, 2024

Reporting on third quarter results for fiscal 2024, Stingray's President, co-founder and CEO Eric Boyko stated:

Key Points: 
  • Reporting on third quarter results for fiscal 2024, Stingray's President, co-founder and CEO Eric Boyko stated:
    “Stingray delivered exceptional third-quarter results, surpassing the $100-million revenue mark for the first time in the company’s history while generating adjusted EBITDA of $38.6 million and adjusted free cash flow of $32.7 million.
  • The response from the vast U.S. market has been remarkable with overall Stingray sales growing 39.7% south of the border in the third quarter.
  • Given sustained, robust financial results, we are confident Stingray will continue to generate strong revenue growth in fiscal 2025 with a similar margin profile,” Mr. Boyko concluded.
  • The dividend will be payable on or around March 15, 2024 to shareholders on record as of February 29, 2024.

SentinelOne® Launches Threat Hunting for WatchTower™ and WatchTower Pro™

Retrieved on: 
Tuesday, January 30, 2024

To help them, SentinelOne (NYSE: S), a global leader in AI-powered security, today announced the general availability of new threat hunting capabilities in its WatchTower and WatchTower Pro managed threat hunting services specifically designed to support security teams in anticipating and countering threats across the enterprise with machine speed and efficiency.

Key Points: 
  • To help them, SentinelOne (NYSE: S), a global leader in AI-powered security, today announced the general availability of new threat hunting capabilities in its WatchTower and WatchTower Pro managed threat hunting services specifically designed to support security teams in anticipating and countering threats across the enterprise with machine speed and efficiency.
  • “With the expanded threat hunting capabilities now available as part of WatchTower and WatchTower Pro, customers can tap into SentinelOne’s unparalleled threat intelligence and leverage our security experts to quickly overcome these challenges and keep their business secure.”
    As part of the comprehensive managed security services offered by SentinelOne, WatchTower delivers intelligence-driven threat hunting, backed by expert human analysis, to identify emergent attackers and maximize threat visibility across every part of the business.
  • The expanded capabilities launched today provide for:
    Access to WatchTower’s in-house threat intelligence library, including behavioral hunting queries, indicators of compromise and more.
  • “And everything works perfectly whenever we need to perform any investigation, or respond to an event.”
    The expanded threat hunting capabilities within WatchTower and WatchTower Pro are available today, and customers and managed security service providers (MSSPs) can begin leveraging them to stay prepared and responsive in the face of modern threats.

Stingray Karaoke to Elevate In-Car Entertainment in AFEELA Prototype by Sony Honda Mobility

Retrieved on: 
Wednesday, January 10, 2024

MONTREAL, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Stingray (TSX: RAY.A; RAY.B), a leading music, media, and technology company, today announced an exciting opportunity with Sony Honda Mobility Inc. (SHM) as Stingray Karaoke will become a featured in-car entertainment service in the innovative and luxurious AFEELA Prototype.

Key Points: 
  • MONTREAL, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Stingray (TSX: RAY.A; RAY.B), a leading music, media, and technology company, today announced an exciting opportunity with Sony Honda Mobility Inc. (SHM) as Stingray Karaoke will become a featured in-car entertainment service in the innovative and luxurious AFEELA Prototype.
  • This collaboration is being showcased at Consumer Electronics Show (CES) and represents the start of future collaboration between the companies.
  • SHM is enhancing the AFEELA experience by offering an engaging karaoke experience.
  • Stingray Karaoke in AFEELA Prototype will allow passengers to delve into a massive international song catalog, browsable by title, artist, lyrics, or genre.

Ault Alliance Subsidiary Files Lawsuit Against Singing Machine CEO Gary Atkinson and Other Directors Who Approved Highly Dilutive Related Party Stock Sale

Retrieved on: 
Wednesday, December 27, 2023

Ault Lending alleges that the director defendants violated their fiduciary duties of care and loyalty in approving the transaction at an inadequate price following a deeply flawed process led by Singing Machine CEO Gary Atkinson, resulting in two directors, Jay B. Foreman and Mathieu Peloquin, through affiliates, holding a collective 43.2% ownership stake in MICS.

Key Points: 
  • Ault Lending alleges that the director defendants violated their fiduciary duties of care and loyalty in approving the transaction at an inadequate price following a deeply flawed process led by Singing Machine CEO Gary Atkinson, resulting in two directors, Jay B. Foreman and Mathieu Peloquin, through affiliates, holding a collective 43.2% ownership stake in MICS.
  • Milton “Todd” Ault, III, founder and Executive Chairman of Ault Alliance and Executive Chairman of the Singing Machine, stated, “It is extremely unfortunate that Singing Machine’s CEO and the other directors supporting him decided to approve this outrageous transaction giving them de facto control over the Singing Machine.
  • We tried to work constructively with other board members to address issues at Singing Machine, and only filed this lawsuit after it became clear that we do not have good faith partners.
  • For more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section at www.Ault.com or at www.sec.gov.

Stingray Launches 18 New Channels in the US on Samsung TV Plus

Retrieved on: 
Friday, November 17, 2023

The new audio channels on Samsung TV Plus cater to a broad spectrum of musical tastes and genres.

Key Points: 
  • The new audio channels on Samsung TV Plus cater to a broad spectrum of musical tastes and genres.
  • Stingray is also launching video channels on Samsung TV Plus.
  • "This collaboration underscores the appeal of high-quality music experiences and significantly broadens our audience to millions of Samsung TV Plus users across the U.S.
  • This partnership with Samsung TV Plus underscores Stingray's commitment to expanding its reach and delivering its top-tier music content to a broader audience.

Stingray Holidayscapes: Transforming Homes into Holiday Havens, Now Streaming on LG Channels

Retrieved on: 
Thursday, November 16, 2023

With more than 300 channels and growing, LG TV owners can easily discover their favorite programs by launching the LG Channels application on their LG TV's webOS platform (LG smart TV models 2016-present).

Key Points: 
  • With more than 300 channels and growing, LG TV owners can easily discover their favorite programs by launching the LG Channels application on their LG TV's webOS platform (LG smart TV models 2016-present).
  • "The debut of Stingray Holidayscapes on LG Channels marks Stingray's continued commitment to delivering innovative and immersive entertainment experiences," said Jim Riley, President, US Division at Stingray.
  • In the United States, Stingray Holidayscapes is now streaming at IP-108 and available through the Happy Holidays hub on the LG Channels Home App.
  • In Canada, Stingray Holidayscapes is now streaming at IP-106 and accessible via the LG Channels Home App.

Stingray Reports Second Quarter Results for Fiscal 2024

Retrieved on: 
Tuesday, November 7, 2023

Reporting on second quarter results for fiscal 2024, Stingray's President, co-founder and CEO Eric Boyko stated:

Key Points: 
  • Reporting on second quarter results for fiscal 2024, Stingray's President, co-founder and CEO Eric Boyko stated:
    “Stingray delivered solid second quarter results with organic growth of 7.1% year-over-year in Broadcast and Recurring Commercial Music revenues, resulting in Adjusted EBITDA of $29.5 million or an increase of 9.2% compared to last year.
  • In terms of free ad-supported streaming TV (FAST), 18 new Stingray channels appeared on Samsung TV Plus in the U.S. last month.
  • Revenues increased $4.9 million, or 6.3%, to $82.5 million in Q2 2024 from $77.6 million in Q2 2023.
  • For the quarter, revenues in Canada rose $1.2 million, or 2.5%, to $48.4 million from $47.2 million in Q2 2023.

Stingray Partners with Air Transat to Elevate Inflight Entertainment

Retrieved on: 
Wednesday, November 1, 2023

This alliance will provide passengers with an enhanced inflight entertainment experience on Air Transat flights globally.

Key Points: 
  • This alliance will provide passengers with an enhanced inflight entertainment experience on Air Transat flights globally.
  • "We are excited to collaborate with Air Transat, a company that aligns with our dedication to delivering premium experiences," said David Purdy, Chief Revenue Officer of Stingray.
  • "We are thrilled to partner with Stingray, another Montreal-based company, as this collaboration represents a significant step in our commitment to enhancing the in-flight experience for our passengers,” said Miguel Teixeira, Vice President, In-Flight Services and Customer Experience of Air Transat.
  • These enhanced entertainment services are now available on all Air Transat flights worldwide.

VEON Launches Digital-First Operator OQ in Uzbekistan

Retrieved on: 
Tuesday, October 31, 2023

Amsterdam, 31 October 2023: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces the launch of digital operator OQ in Uzbekistan.

Key Points: 
  • Amsterdam, 31 October 2023: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces the launch of digital operator OQ in Uzbekistan.
  • OQ, which translates from Uzbek as "clean and transparent," reflects the values of the new generation—openness, freedom of expression, and choice.
  • "OQ offers an entirely new level of user freedom,” states Abdulaziz Mansurov, Head of  OQ digital operator.
  • We believe that OQ will transform the traditional telecommunications market in Uzbekistan and create a new way for digital native users to engage with digital lifestyle.”