YANGAROO Inc., (TSX-V:YOO)
(OTCBB:YOOIF) the industry's leading secure digital media
management and distribution company, today announced a multi-year
agreement with Hub Artist Services to provide secure delivery of
music from record labels and independent music artists to
broadcasters, music reviewers and other destinations in Australia
and New Zealand with the newly minted brand, “HUB DIGITAL
DISTRIBUTION, powered by YANGAROO”. The agreement initially is for
delivery of audio files only.
YANGAROO Music is a proven solution that has
been successfully delivering music securely and electronically for
content owners to radio broadcasters and other destinations in
North America and other territories for over a decade.
YANGAROO has also become the industry standard
for delivering secure media on behalf of the premier awards
ceremonies in North America including the GRAMMY’s, JUNO Awards and
Golden Globes.
The HUB DIGITAL DISTRIBUTION service will be
officially launched in Australia at the BIGSOUND Music Conference
in Brisbane on 6th September 2017. The introduction of YANGAROO’S
world class technology solves a number of issues for artists,
labels, as well as broadcasters and other media outlets in
Australia and New Zealand. For the former, it delivers the highest
quality, watermarked, broadcast ready files, instantly, securely,
inexpensively, and directly to the decision makers, in a format in
which they prefer to receive it. For media, HUB DIGITAL
DISTRIBUTION is for the exclusive use to pre-approved recipients,
and these releases are easily accessible in one library via
computer or mobile device.
“We are very pleased to partner with HUB DIGITAL
DISTRIBUTION to provide the same workflow efficiencies in
distributing music in the Australia and New Zealand markets as we
currently do in Canada, the US, and Ireland,” said Adam Hunt, SVP
Entertainment, YANGAROO Inc. “There is a savvy and well-connected
team in place to lead this transition, with the potential to expand
to services beyond audio delivery and to markets beyond Australia
and New Zealand.”
Paul Paoliello, Director of HUB DIGITAL
DISTRIBUTION says, “This is an incredibly exciting opportunity to
bring a new service to market. We’ve spoken to potential users in
order to understand their needs and have complete confidence in the
YANGAROO service to meet these needs. It is a service that is cost
effective, user friendly and full of practical features – and
critically YANGAROO’s resources and flexible approach means it is
always evolving to meet market requirements. The fact that they
were chosen to service partners like the GRAMMY’s reflects the
calibre of their operations. We’re here on the ground, to make sure
our clients’ needs are met, as well as grow opportunities for them.
Our commitment is to continue to build innovative and valuable
products and services for the local music ecosystem and our vision
is the delivery of a network of services connecting artists into
North American and Asian markets.”
About HUB DIGITAL
DISTRIBUTION:
HUB DIGITAL DISTRIBUTION is the latest extension
of the Hub Artist Services ecosystem, which has provided innovative
and career-changing opportunities for Australian artists for more
than a decade through their management, record label and publishing
services. The past 12-months has seen an exciting evolution of the
company engaging with Paul Paoliello and The Kennel AB in
Stockholm, to continue developing an exciting management roster and
production business. Hub has delivered new energy to the University
space through the Unisounds platform and are continuing their
passionate work with label partners such as Dine Alone Records. The
artists are at the heart of the business and include a diverse
roster of amazing talent like Tom Jay Williams, Gold Fields, DOE
and Peta & The Wolves. HUB DIGITAL DISTRIBUTION provides an
opportunity to pull all of these threads together and connect more
Australian music and artists than ever with the key industry
decision makers, underpinned by experience, strategy and access to
the global leader in digital distribution.
About YANGAROO:
YANGAROO is a company dedicated to digital media
management. YANGAROO’s patented Digital Media Distribution
System (DMDS) is a leading secure B2B digital cloud based solution
focused on the music and advertising industries. The DMDS solution
provides more accountable, effective, and far less costly digital
management of broadcast quality media via the Internet. It replaces
the physical, satellite and closed network distribution and
management of audio and video content, for music, music videos, and
advertising to television, radio, media, retailers, and other
authorized recipients. The YANGAROO Awards platform is now the
industry standard and powers most of North America’s major awards
shows.
YANGAROO has offices in Toronto, New York, and
Los Angeles. YANGAROO trades on the TSX Venture Exchange (TSX-V)
under the symbol YOO and in the U.S. under OTCBB: YOOIF. For
further information, please contact Gary Moss at 416-534-0607
ext.111 or visit www.yangaroo.com.
THE TSX VENTURE EXCHANGE HAS NOT
REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
Cautionary Note Regarding
Forward-looking Statements
This news release contains certain
forward-looking statements and forward-looking information
(collectively referred to herein as "forward-looking statements")
within the meaning of applicable Canadian securities laws. All
statements other than statements of present or historical fact are
forward-looking statements. Forward-looking statements are often,
but not always, identified by the use of words such as
"anticipate", "achieve", "could", "believe", "plan", "intend",
"objective", "continuous", "ongoing", "estimate", "outlook",
"expect", "may", "will", "project", "should" or similar words,
including negatives thereof, suggesting future outcomes.
Forward looking statements are subject to both
known and unknown risks, uncertainties and other factors, many of
which are beyond the control of YANGAROO, that may cause the actual
results, level of activity, performance or achievements of YANGAROO
to be materially different from those expressed or implied by such
forward looking statements, including but not limited to: the use
of proceeds of the offering, receipt of all necessary approvals of
the offering, general business, economic, competitive, political
and social uncertainties; negotiation uncertainties and other risks
of the technology industry. Although YANGAROO has attempted to
identify important factors that could cause actual results to
differ materially from those contained in forward-looking
statements, there may be other factors that cause results not to be
as anticipated, estimated or intended.
Forward-looking statements are not a guarantee
of future performance and involve a number of risks and
uncertainties, some of which are described herein. Such
forward-looking statements necessarily involve known and unknown
risks and uncertainties, which may cause YANGAROO’s actual
performance and results to differ materially from any projections
of future performance or results expressed or implied by such
forward-looking statements. Any forward-looking statements are made
as of the date hereof and, except as required by law, neither
YANGAROO assumes no obligation to publicly update or revise such
statements to reflect new information, subsequent or otherwise.
For YANGAROO Investor Inquiries:
Gary Moss
Phone: (416) 534-0607
gary.moss@yangaroo.com
For Hub Artist Services and Hub Digital powered by YANGAROO Inquiries
Paul Paoliello
Phone: +61 408 339 067
paul@hubdigital.org
or
Troy Barrott
Phone: +61 424 387 757
troy@hubdigital.org
www.hubdigital.org
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