Stingray grows potential reach by 2.3 million subscribers

• Singtel to premiere the Stingray Music service in the region
• StarHub, first Pay-TV provider in Asia to broadcast Stingray Brava and Stingray DJAZZ
• StarHub renews the distribution of Stingray iConcerts and Stingray Karaoke

Montreal, February XX, 2017 — Stingray Digital Group Inc. (TSX: RAY. A; RAY. B), a leading business-to-business multiplatform music services provider, is proud to announce that, only five (5) months following the opening of its Asian headquarters in Singapore, it has renewed and expanded a distribution agreement with Singapore’s StarHub and concluded a new agreement with Singtel, Asia’s leading communications group.

 

StarHub Agreement Highlights

Launch date: December 2016

• Agreement grows Stingray’s potential subscriber reach by 1.9 million.
• StarHub is the first Pay-TV provider in Asia to broadcast the Stingray Brava and Stingray DJAZZ specialty television channels.
• Stingray Brava presents celebrated classical music concerts, operas, and ballets filmed in the most prestigious venues.
• Stingray DJAZZ showcases the world’s greatest jazz performances filmed around the world.
• StarHub has also renewed the distribution of Stingray iConcerts, the television destination for live music performances (also available on demand), and Stingray Karaoke’s on demand service.

Stingray DJAZZ and Stingray Brava are now included in StarHub’s new premium offering, the Connoisseur Pack, a television package that gives viewers access to the “the finer things in life” including the best in classical and contemporary music programming.

 

Singtel Agreement Highlights

Launch date: April 2017

• Agreement grows Stingray’s potential subscriber reach by 400,000.
• SingTel becomes the first Pay-TV provider in Asia to launch the multiplatform Stingray Music service.
• Singtel subscribers will enjoy 50 audio channels on television in the most popular genres including Mandopop, K-pop, Malay and more.
• Subscribers will also have free access to the Stingray Music mobile app and web player that presents the same channel lineup that listeners enjoy on television.
• Every Stingray Music channel is curated by an expert music programmer to provide the best listening experience for every moment, place, and mood.

Quote

“Establishing a relationship with Singtel and expanding our agreement with StarHub cements Stingray’s position in the Asian market as the preeminent provider of multiplatform music services for entertainment content providers,” said Mathieu Sibille, Managing Director of Stingray for Asia-Pacific and CEO of Stingray iConcerts. “We are thrilled to grow our partnerships with the region’s key players and have the opportunity to introduce Stingray’s comprehensive channel offering which, in addition to its global reach, is always adapted to local taste and trends in response to our partners’ unique requirements.”

 

About Stingray

Stingray (TSX: RAY.A; RAY.B) is a leading business-to-business multi-platform music and in-store media solutions provider operating on a global scale, reaching an estimated 400 million Pay-TV subscribers (or households) in 152 countries. Geared towards individuals and businesses alike, Stingray’s products include the following leading digital music and video services: Stingray Music, Stingray Concerts, Stingray iConcerts, Stingray Brava, Stingray DJAZZ, Stingray Music Videos, Stingray Lite TV, Stingray Ambiance, Stingray Karaoke, Festival 4K, and Classica. Stingray also offers various business solutions, including music and digital display-based solutions, through its Stingray Business division. Stingray is headquartered in Montreal and currently has over 350 employees worldwide, including in the United States, the United Kingdom, the Netherlands, Switzerland, France, Israel, Australia and South Korea. Stingray was recognized in 2013 and 2014 as a finalist in the Top 50 of Deloitte’s Technology Fast 50TM list, and figures amongst PROFIT magazine’s fastest-growing Canadian companies. In 2016, Stingray was awarded best IR for an IPO at the IR Magazine Awards – Canada. For more information, please visit www.stingray.com

Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Such forward-looking information includes information with respect to Stingray’s goals, beliefs, plans, expectations, anticipations, estimates and intentions. Forward-looking information is identified by the use of terms and phrases such as “may”, “would”, “should”, “could”, “expect”, “intend”, “estimate”, “anticipate”, “plan”, “foresee”, “believe”, and “continue”, or the negative of these terms and similar terminology, including references to assumptions. Please note, however, that not all forward-looking information contains these terms and phrases. Forward-looking information is based upon a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Stingray’s control. These risks and uncertainties could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include, but are not limited to, the risk factors identified in Stingray’s Annual Information Form (AIF) dated June 16, 2016, which is available on SEDAR at www.sedar.com. Consequently, all of the forward-looking information contained herein is qualified by the foregoing cautionary statements, and there can be no guarantee that the results or developments that Stingray anticipates will be realized or, even if substantially realized, that they will have the expected consequences or effects on Stingray’s business, financial condition or results of operation. Unless otherwise noted or the context otherwise indicates, the forward-looking information contained herein is provided as of the date hereof, and Stingray does not undertake to update or amend such forward-looking information whether as a result of new information, future events or otherwise, except as may be required by applicable law.

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For more information, please contact:

Mathieu Péloquin

Senior Vice-President, Marketing and Communications

Stingray

1-514-664-1244, ext. 2362

[email protected]