Loop Media, a leading provider of streaming
television media solutions for businesses, has introduced an
advanced brand safety layer to safeguard its venue partners against
unsuitable or competitive advertisements.
Loop Media, Inc. ("Loop Media") (NYSE American: LPTV), the
premier streaming television media company for businesses, serving
over 2 billion monthly video views across restaurants, retail
stores, office buildings, medical facilities, airports, bars, and
college campuses, proudly announces the deployment of its
AI-Powered Brand Safety Layer to all clients and partners, at no
additional cost.
Maintaining brand integrity is of paramount importance for
venues that operate free ad-supported streaming television
channels. Loop Media now offers state-of-the-art ad detection
techniques at scale, ensuring businesses are shielded from
inappropriate or competitive advertisements.
"Preserving a business' reputation is paramount," stated Bob
Gruters, Chief Revenue Officer of Loop Media. "Traditionally,
businesses have not only been burdened with the cost of their
television service but have also been compelled to accept all ads
displayed without any control."
Loop Media's Brand Safety Layer is a cutting-edge network
service that operates seamlessly with any demand-side platform
(DSP). Through a partnership with AssemblyAI, Loop Media leverages
advanced artificial intelligence models to analyze speech, detect
unsuitable content, and identify competitive keywords in
advertisements streamed on Loop TV streaming channels.
"Platforms like Loop TV have to process billions of ad requests
monthly. Thanks to recent significant advances in AI, Loop TV can
now rely on the AI technology AssemblyAI offers, to more
effectively and efficiently ensure brand safety and that each
advertisement shown on the Loop TV platform aligns with venue brand
values," explained Dylan Fox, Founder & CEO at AssemblyAI.
AssemblyAI builds on the latest state-of-the-art AI research to
offer production-ready, secure, and scalable AI models for speech
recognition, speaker detection, speech summarization, and more. The
Company's AI models are used by thousands of breakthrough startups
and global enterprises.
About Loop Media, Inc.
Loop Media, Inc. ("Loop Media") (NYSE American: LPTV) is a
leading digital out of home (DOOH)TV and digital signage platform
optimized for businesses, providing free music video, 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 Media’s digital video content reaches millions of viewers
in DOOH locations including bars/restaurants, office buildings,
retail businesses, college campuses, airports and on free
ad-supported TV platforms and at local gas stations on GSTV
terminals in the United States. Loop is fueled by one of the
largest and most important short form entertainment libraries that
includes music videos, movie trailers, branded content and live
performances. Loop Media’s non-music channels cover a multitude of
genres and moods and include movie trailers, sports highlights,
lifestyle and travel videos, viral videos and more. Loop Media’s
streaming services generate revenue from advertising, sponsorships,
integrated marketing and branded content, and from
subscriptions.
To learn more about Loop Media products and applications, please
visit us online at Loop.tv
Follow us on social:
Instagram: @loopforbusiness 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 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, opinion,
belief 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 SEC filings are available at
www.sec.gov.
About AssemblyAI
At AssemblyAI, we build AI models and systems that developers
and product teams use to ship transformational AI-powered products.
As an applied AI company, our mission is to empower app builders to
build 10x faster, focus on their specific use cases and user needs,
and win market share with a true technology partner. We've raised
over $63M in funding from leading investors, including Insight
Partners, Accel, and Y Combinator. Learn more at
AssemblyAI.com.
Follow AssemblyAI on social:
Twitter: https://twitter.com/AssemblyAI LinkedIn:
https://www.linkedin.com/company/assemblyai/ YouTube:
https://www.youtube.com/@AssemblyAI
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230725818778/en/
Loop Media Press Contact Jon Lindsay Phillips | PhillComm Global
Loop@PhillComm.Global
Loop Media Investor Contact Jim Cerna, Head of Capital Markets |
Loop Media ir@loop.tv
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