Eric Boyko

Stingray Acquires Health, Relaxation and Wellness Streaming App Calm Radio

Retrieved on: 
Monday, July 5, 2021

"We are delighted to welcome Calm Radio to the Stingray family and expect this strategic acquisition to deepen our presence worldwide with its premium life-enhancing and relaxing music offering," said Eric Boyko, President, Co-founder, and CEO of Stingray.

Key Points: 
  • "We are delighted to welcome Calm Radio to the Stingray family and expect this strategic acquisition to deepen our presence worldwide with its premium life-enhancing and relaxing music offering," said Eric Boyko, President, Co-founder, and CEO of Stingray.
  • In Stingray, we have found a partner with global reach who shares our unique vision and drive to expand the reach of wellness and relaxation music programming, making the benefits of Calm Radio accessible to the broadest and most diverse audience possible, said Eric Harry, Founder and CEO of Calm Radio.
  • Stingray will wholly own and operate Calm Radio, under the continued leadership and direction of the Calm Radios current leadership team.
  • Calm Radio is a registered trade-mark of Calm Radio Corp.

Stingray Music Announces its February Special Programming

Retrieved on: 
Monday, February 1, 2021

MONTREAL, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Stingray Music, the streaming arm of music, media, and technology company Stingray(TSX: RAY.

Key Points: 
  • MONTREAL, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Stingray Music, the streaming arm of music, media, and technology company Stingray(TSX: RAY.
  • Montreal-based Stingray Group Inc. (TSX: RAY.A; RAY.B) is a leading music, media, and technology company with over 1,200 employees worldwide.
  • Stingray Music is a multiplatform music service deployed across the world and currently included in the service offering of many digital cable TV, satellite TV, OTT, and IPTV distributors.
  • Stingray Music is offered as audio television channels, a mobile app, and a web player.For more information: www.stingray.com/music

Stingray announces Sale of Non-Core Investment in AppDirect for Proceeds of US$14.6M

Retrieved on: 
Monday, December 21, 2020

The sale in favour of existing shareholders and investors was completed pursuant to the terms and conditions of a stock transfer agreement and Stingray received cash consideration of US$14,611,815.

Key Points: 
  • The sale in favour of existing shareholders and investors was completed pursuant to the terms and conditions of a stock transfer agreement and Stingray received cash consideration of US$14,611,815.
  • This transaction demonstrates our continued commitment to reduce net debt and drive value for our shareholders, said, Eric Boyko, President, Co-founder, and CEO of Stingray.
  • The sale of our non-core investment in AppDirect is an excellent opportunity for Stingray to reduce its net leverage and improve our financial flexibility to realize upon M&A opportunities.
  • Nicolas and I are very grateful for the mentorship and early investment that Eric and Stingray provided to AppDirect, said Dan Saks, Co-CEO of AppDirect, It is a testament to the powerful investment ecosystem in Quebec.

Stingray Launches Premium SVOD Channels with another 7 Partners Worldwide

Retrieved on: 
Wednesday, November 25, 2020

SVOD channels Qello Concerts by Stingray, Stingray Karaoke, and Stingray Classica are offered to customers for a monthly subscription.

Key Points: 
  • SVOD channels Qello Concerts by Stingray, Stingray Karaoke, and Stingray Classica are offered to customers for a monthly subscription.
  • "We are thrilled to bring Qello Concerts by Stingray, Stingray Karaoke, and Stingray Classica to new and existing partners looking for quality entertainment for their customers," said Eric Boyko, President, Co-founder, and CEO of Stingray.
  • Stingray Classica carried by OneHub TV and Rogers Communications is the world's premium television destination dedicated to classical music, opera, and ballet.
  • Montreal-based Stingray Group Inc. (TSX: RAY.A; RAY.B) is a leading music, media, and technology company with over 1,200 employees worldwide.

Stingray Renews and Expands Distribution Agreement with TELUS

Retrieved on: 
Wednesday, November 4, 2020

Qello Concerts by Stingray will be available to Optik TV subscribers for a monthly subscription fee of $8.00.

Key Points: 
  • Qello Concerts by Stingray will be available to Optik TV subscribers for a monthly subscription fee of $8.00.
  • The TV apps - Stingray Music Videos & Stingray Karaoke each with its full catalogue of over 20,000 songs, plus the TV channels Stingray Loud, Stingray Vibe, Stingray Retro, Stingray Country, Stingray Hits!, Stingray Now 4K, Stingray Naturescape 4K, Stingray Festival 4K and PalmarsAdisq par Stingray will continue to be available to most subscribers, free of charge.
  • Together, we will continue providing TELUS subscribers with access to an incomparable entertainment offering across multiple platforms, said Eric Boyko, President, Co-founder,andCEO of Stingray.
  • Montreal-based Stingray (TSX: RAY.A; RAY.B) is a leading music, media, and technology company with over 1,200 employees worldwide.

Stingray Successfully Completes Refinancing of Credit Facilities Providing Additional Flexibility of up to $560M to Pursue M&A Opportunities

Retrieved on: 
Friday, October 9, 2020

The renewed terms add incremental commitments up to $100 million upon request, subject to predetermined conditions.

Key Points: 
  • The renewed terms add incremental commitments up to $100 million upon request, subject to predetermined conditions.
  • The pre-existing sub debt of $40 million maturing in October 2023 combined with the new credit facilities described above accounts for total flexibility of up to $560 million.
  • We are pleased to have the continued commitment from our existing banking syndicate and partners as we pursue growth opportunities, said Eric Boyko, President, Co-founder, and CEO of Stingray.
  • Montreal-based Stingray (TSX: RAY.A; RAY.B) is a leading music, media, and technology company with over 1,200 employees worldwide.

Stingray Music Launches with Six Partners in the US

Retrieved on: 
Monday, August 3, 2020

A; RAY.B), a leading music, media, and technology company, today announced the launch of Stingray Music with six leading platforms in the United States: Comcast Xfinity, Distro TV, Freecasts Select TV, Channel Plus on LG, MX Player, and XUMO.

Key Points: 
  • A; RAY.B), a leading music, media, and technology company, today announced the launch of Stingray Music with six leading platforms in the United States: Comcast Xfinity, Distro TV, Freecasts Select TV, Channel Plus on LG, MX Player, and XUMO.
  • We are thrilled to bring Stingray Music to customers in the US, saidEric Boyko, President, Co-founder, and CEO of Stingray.
  • Stingray Music is a multiplatform music service distributed globally on TV, web, and mobile.
  • Montreal-based Stingray Group Inc. (TSX: RAY.A; RAY.B) is a leading music, media, and technology company with over 1,200 employees worldwide.

Stingray Amplifies its Product Offering for CCSA

Retrieved on: 
Thursday, July 9, 2020

As part of the agreement, CCSA members commercial and residential subscribers will gain access to music video TV channels: PalmarsADISQ par Stingray, Stingray Hits!, Stingray Retro, Stingray Loud, Stingray Vibe, Stingray Country, 4K channels: Stingray Festival 4K, Stingray Now 4K and Stingray Naturescape, as well as Stingray Classica which features the best video recordings of classical orchestras, operas and ballets from the worlds most prestigious venues.

Key Points: 
  • As part of the agreement, CCSA members commercial and residential subscribers will gain access to music video TV channels: PalmarsADISQ par Stingray, Stingray Hits!, Stingray Retro, Stingray Loud, Stingray Vibe, Stingray Country, 4K channels: Stingray Festival 4K, Stingray Now 4K and Stingray Naturescape, as well as Stingray Classica which features the best video recordings of classical orchestras, operas and ballets from the worlds most prestigious venues.
  • Also now available to CCSA residential subscribers are premium subscription Video on Demand services: Stingray Karaoke and Qello Concerts by Stingray.
  • We are thrilled to be expanding our agreement with CCSA to continue providing its members with access to an incomparable entertainment offering, said Eric Boyko, President, Co-founder, and CEO of Stingray.
  • Stingray has been an important partner of the CCSA for many years and were very pleased to be able to offer their exceptional suite of services to the CCSA Membership.

Stingray Reports Fourth Quarter 2020 Results

Retrieved on: 
Wednesday, June 3, 2020

Our fourth quarter results reflect some impact of COVID-19.

Key Points: 
  • Our fourth quarter results reflect some impact of COVID-19.
  • Considering the initial impact of COVID-19 on Radio revenues, we are pleased with our consolidated fourth quarter results as Adjusted EBITDA increased 25.9% to $28.2 million, stated Eric Boyko, President, Co-founder, and CEO of Stingray.
  • The dividend will be payable on or around June 15, 2020, to shareholders on record as of May 29, 2020.
  • The dividend will be payable on or around March 16, 2020, to shareholders on record as of February 28, 2020.

Stingray Grows its Global In-store Music and Digital Display Solutions with the Acquisition of Marketing Sensorial México

Retrieved on: 
Wednesday, May 6, 2020

Under the terms of theacquisitionagreement, Stingray will fully own and operate the business and assets ofMSMwith the continued support and direction of the companys current leadershipteam.

Key Points: 
  • Under the terms of theacquisitionagreement, Stingray will fully own and operate the business and assets ofMSMwith the continued support and direction of the companys current leadershipteam.
  • Improving the in-store customer experience at every level is Stingray Business mission, explainedEric Boyko, President, Co-founder, and CEO of Stingray.
  • The acquisition ofthe MSMbusiness adds an important building block to our offering while addingnew prestigious brands to our already impressive client portfolio.
  • Montreal-based Stingray Group Inc. (TSX: RAY.A; RAY.B) is a leading music, media, and technology company with over 1,200 employees worldwide.