Loop Media, Inc. (OTC:LPTV) Q4 2024 Results Conference Call December 10, 2024 5:00 PM ET Company Participants Justis Kao - Interim Chief Executive Officer Ari Olgun - Interim Chief Financial Officer Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss Loop Media's Financial and Operating Results for the Full Year 2024 and the Fiscal Fourth Quarter Ended September 30, 2024. Joining us today are Loop's Interim CEO, Justis Kao; and Interim CFO, Ari Olgun.
Loop Media, Inc. (OTC:LPTV) Q3 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Justis Kao - Interim Chief Executive Officer Neil Watanabe - Chief Financial Officer Conference Call Participants Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss Loop Media's Financial Results 2024 Fiscal Third Quarter Ended June 30, 2024. Joining us today are Loop's Interim CEO, Justis Kao; and the company's CFO, Mr.
Loop Media (LPTV) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.15 per share a year ago.
| Media Industry | Communication Services Sector | Justis Kao CEO | OTC PINK Exchange | 54352F206 CUSIP |
| US Country | 40 Employees | - Last Dividend | 21 Sep 2022 Last Split | 3 Nov 2016 IPO Date |
Loop Media, Inc. is a leading multichannel digital video platform media company based in the United States, specifically headquartered in Burbank, California. The company is renowned for offering a wide array of video content, ranging from hand-curated music videos to a diverse selection of non-music video materials. Loop Media has established partnerships with major music labels like Universal Music Group, Sony Music Entertainment, and Warner Music Group, as well as procured or licensed a variety of content from third parties. They are distinguished by their innovative approach to distributing content and advertising inventory across digital screens situated in out-of-home (OOH) locations. Their distribution mechanism primarily leverages their proprietary platform, including custom-designed Android streaming media players and legacy Screenplay computers, along with third-party digital platforms.
Loop Media sources an extensive collection of music videos from both major and independent record labels, offering users access to a rich library of musical content. This service enhances the musical experience by providing visually engaging content that complements the auditory experience, sourced from industry giants such as Universal Music Group, Sony Music Entertainment, and Warner Music Group.
The company also diversifies its offerings by providing a wide range of non-music video content, which is either licensed from or acquired directly from third-party creators. This variety includes engaging action sports clips, mesmerizing drone and atmospheric footage, educational trivia, timely news headlines, lifestyle channels catering to a broad audience, child-friendly videos for family viewing, and trailers for movies, television shows, and video games. This eclectic mix ensures a broad appeal to different viewer demographics, enhancing the overall platform's value.
Loop Media has developed a robust mechanism for distributing its content and advertising inventory. This system is anchored on their proprietary owned and operated platform (O&O Platform), which utilizes Loop Media-designed small-box streaming Android media players and legacy Screenplay computers. Moreover, the company extends its reach by leveraging digital platforms owned by third parties, ensuring widespread content dissemination across multiple digital screens located in out-of-home (OOH) locations. This strategic distribution maximizes the visibility and engagement of their content, offering a comprehensive solution for digital video consumption in varied environments.