Yangaroo
YANGAROO.(TSXV: YOO),Yangaroo is a media content technology company that offers a platform used by the advertising & music industry, award shows and broadcasters for the management & distribution of advertising and entertainment content.
| Industry | Marketing, advertising & entertainment |
|---|---|
| Founded | 1999 |
| Headquarters | Canada |
Key people | Grant Schuetrumpf, CEO
Richard Klosa, CTO Dom Kizek, CFO Adam Hunt, SVP Music |
| Services | technology solutions for the advertising, music, and awards industries |
DMDS: Digital Media Distribution System
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 advertisement
- 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 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 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 & Ireland via the IMD Fastrax platform.[3]
YANGAROO has also a partnership with Universal Music Canada.[4]
References
- King, Rachel (2008-09-04). "Saving the Music Industry -- Environmentally, At Least". Fast Company.
- "YANGAROO Announces Renewal of TSX-V-Approved Normal Course Issuer Bid for 2020". Globe Newswire. 6 January 2020. Retrieved 14 July 2020.
{{cite web}}: CS1 maint: url-status (link) - "YANGAROO Announces Partnership With IMD Fastrax". Market Wired. 2014-12-18.
- "Digital Distribution Service Play MPE Launching in Canada With Universal Music Deal". Billboard. 2020-01-22. Retrieved 2020-04-27.