Yangaroo

Last updated
YANGAROO, Inc.
Type Public
CVE: YOO
IndustryMarketing, advertising & entertainment
Founded1999;24 years ago (1999)
Headquarters Canada
Key people
Grant Schuetrumpf, CEO

Richard Klosa, CTO Dom Kizek, CFO

Adam Hunt, SVP Music
Servicestechnology solutions[ buzzword ] for the advertising, music, and awards industries

YANGAROO, Inc. is a media content technology company that offers a platform used by the advertising and music industries, award shows, and broadcasters for the management and distribution of advertising and entertainment content.

Contents

DMDS: Digital Media Distribution System

The Digital Media Distribution System (DMDS) is a patented technology platform of YANGAROO Inc.

YANGAROO, powered by DMDS, is a secure distribution tool for audio and video media via the internet. Systems like DMDS make it possible for broadcasters, TV advertisers, and post-production companies to move away from physical media like DigiBeta tapes to digital file-based workflows.

The DMDS service supports the following :

  • Broadcasting music videos
  • Distributing television advertisements
  • Distributing award show content and voting
  • Distributing music to television and radio platforms

YANGAROO Music provides programmers, broadcasters, journalists, and other industry professionals the ability to preview and download pre-release media from music professionals, including record labels and independents. [1]


YANGAROO in the Securities Market

In January 2020, YANGAROO Inc. reported that the TSX Venture Exchange has approved the company's proposal for a regular course issuer offer for up to 3,000,000 shares of its common stock, which constitutes 5% or less of the company's issued and outstanding securities. [2]

Key Partnerships

In December 2014, YANGAROO announced a partnership with IMD Fastrax, the music distribution arm of delivery company IMD. The partnership enabled North American record labels and recording artists to deliver their music videos to the UK and Ireland via the IMD Fastrax platform. [3]

YANGAROO has also formed a partnership with Universal Music Canada. [4]

Related Research Articles

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<span class="mw-page-title-main">Universal Music Group</span> Dutch–American music corporation

Universal Music Group N.V. is a Dutch–American multinational music corporation under Dutch law. UMG's corporate headquarters are located in Hilversum, Netherlands and its operational headquarters are located in Santa Monica, California. The biggest music company in the world, it is one of the "Big Three" record labels, along with Sony Music and Warner Music Group. Tencent acquired ten percent of Universal Music Group in March 2020 for €3 billion and acquired an additional ten percent stake in January 2021. Pershing Square Holdings later acquired ten percent of UMG prior to its IPO on the Euronext Amsterdam stock exchange. The company went public on September 21, 2021, at a valuation of €46 billion.

<span class="mw-page-title-main">Warner Music Group</span> American multinational entertainment and record label conglomerate

Warner Music Group Corp. is an American multinational entertainment and record label conglomerate headquartered in New York City. It is one of the "big three" recording companies and the third-largest in the global music industry, after Universal Music Group (UMG) and Sony Music Entertainment (SME). Formerly part of Time Warner, WMG was publicly traded on the New York Stock Exchange from 2005 until 2011, when it announced its privatization and sale to Access Industries. It later had its second IPO on Nasdaq in 2020, once again becoming a public company. With a multibillion-dollar annual turnover, WMG employs more than 3,500 people and has operations in more than 50 countries throughout the world.

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<span class="mw-page-title-main">SoundCloud</span> German audio streaming service

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<span class="mw-page-title-main">Viu (streaming service)</span> Hong Kong streaming service

Viu is a Hong Kong-based over-the-top (OTT) video streaming provider from PCCW Media Group's Viu International Ltd. Operated in a dual-revenue model comprising subscriptions and advertising, Viu delivers content in different genres from Asia's top content providers with local language subtitles, as well as original production series under the Viu Original initiative.

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References

  1. King, Rachel (2008-09-04). "Saving the Music Industry -- Environmentally, At Least". Fast Company.
  2. "YANGAROO Announces Renewal of TSX-V-Approved Normal Course Issuer Bid for 2020". Globe Newswire (Press release). 6 January 2020. Retrieved 14 July 2020.
  3. "YANGAROO Announces Partnership With IMD Fastrax". Market Wired. 2014-12-18.
  4. "Digital Distribution Service Play MPE Launching in Canada With Universal Music Deal". Billboard. 2020-01-22. Retrieved 2020-04-27.