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The latest announcement is out from Stingray Digit SV ( ($TSE:RAY.A) ).
Stingray has expanded its Free Ad-Supported Streaming TV (FAST) portfolio by adding four new channels: Cozy Café, Stargaze, Movie Music, and Cityscapes, available on platforms like LG Channels and Samsung TV Plus across the US and Canada. This move is part of Stingray’s strategy to broaden its reach and innovate within the entertainment industry, offering diverse and high-quality content to cater to varied audience tastes, thereby enhancing its market presence and stakeholder engagement.
More about Stingray Digit SV
Stingray is a global music, media, and technology company leading in TV broadcasting, streaming, radio, business services, and advertising. It provides music, digital, and advertising services to enterprise brands worldwide, including audio and video channels, subscription video-on-demand content, and FAST channels. Stingray Business offers commercial solutions like music and in-store advertising, while Stingray Advertising operates North America’s largest retail audio advertising network.
YTD Price Performance: 9.34%
Average Trading Volume: 59,111
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$565.2M
Find detailed analytics on RAY.A stock on TipRanks’ Stock Analysis page.
