New Wins Accelerate Company's Expansion from its Core Local TV Broadcasting Market into all Digital Media Verticals
SAN FRANCISCO, Aug. 23, 2016 /PRNewswire/ -- Frankly Inc. (TSX VENTURE: TLK) (Frankly), a leading content, engagement and monetization platform for brands and media companies, has signed multi-year agreements with both Rural Media Group and SNJ Today.
Nashville-based Rural Media Group (RMG) is the world's leading provider of multimedia content dedicated to the rural and Western lifestyle. Through its distribution networks, the content provider reaches more than 100 million homes worldwide across various media, print, and online channels, including RFD-TV, Rural Media Group's flagship network, the nation's first 24-hour television network dedicated entirely to agribusiness, rural lifestyles, and traditional entertainment and music. RMG also operates RURAL RADIO Channel 147 on SiriusXM and FamilyNet.
Rural Media Group recently renewed its three-year contract with Frankly to continue using the company's content management system (CMS) and hosting solutions for all RMG properties. In addition, RFD-TV will begin using Frankly's online video services and website development expertise to enrich its content library and overall customer experience.
"Building off a strong three-year relationship with Rural Media Group, this renewal contract truly reflects our best-in-class approach of tackling the entire media platform dilemma," said Steve Chung, CEO of Frankly. "With so many media companies possessing fragmented and complex media platforms, it becomes difficult for these organizations to manage their digital presence. We are pleased to not only continue our previous work with Rural Media Group, but to also deliver an expanded suite of solutions that can help them more effectively manage their media properties and service their growing audience."
Frankly's other multi-year agreement is with SNJ Today, a southern New Jersey news and information source based in Millville, New Jersey. Across its TV, newspaper, and radio properties, SNJ Today delivers local news, information, weather data, entertainment, and other content relevant to southern New Jersey.
SNJ Today selected Frankly to be its provider of multimedia platform services, including CMS, advertising, mobile apps, over-the-top (OTT) apps, and online video and website management. Frankly will offer a complete multimedia management platform that will help SNJ Today optimize its content creation and sharing processes under one integrated workflow.
Chung added: "We are honored to have been selected by SNJ Today to provide our comprehensive multimedia management platform. Because we're able to offer a unified workflow that's tailored to comprehensive media companies such as SNJ Today who have video, print and audio needs, we are truly unique and differentiated in the market. Both this new win and our renewal win with Rural Media Group accelerate our expansion into media verticals outside of our core local TV broadcasting market, which we look to continue in the months and quarters ahead."
About Rural Media Group
Rural Media Group, Inc. is the world's leading provider of multimedia content dedicated to the rural and Western lifestyle. With a mission of reconnecting city with country, RMG is the parent company of RFD-TV, RURAL RADIO, FamilyNet and RFD-TV The Magazine. RMG networks are distributed to more than 100 million homes worldwide by DBS, telco and cable systems including DISH Network, DIRECTV®, Comcast, AT&T U-Verse, Mediacom, Charter Spectrum, Suddenlink, Cox, and more than 600 independent rural cable systems. Corporate headquarters and broadcast operations are in Nashville, Tennessee.
About RFD-TV
RFD-TV is the flagship network for Rural Media Group. Launched in December 2000, RFD-TV is the nation's first 24-hour television network featuring programming focused on the agribusiness, equine and the rural lifestyle, along with traditional country music and entertainment. Top RFD-TV programming includes Market Day Report, Rural Evening News, Rural America Live, Western Sports Weekly, top rodeo events such as The American, and award-winning musical entertainment such as The Marty Stuart Show, Reno's Old Time Music and Larry's Country Diner.
About RURAL RADIO
Found exclusively on SiriusXM channel 147, this is the agribusiness and Western-lifestyle channel for the U.S. and Canada. RURAL RADIO's program schedule revolves around original productions focused on agriculture, equine, hunting, fishing, Western sports, and living the country life in small towns and ranches. Broadcast operations for the station are located in Nashville, Tennessee. The channel airs multiple exclusive series including Market Day Report, Rural Evening News, and Western Sports Round Up. RURAL RADIO also carries live broadcasts of Western sports such as PBR bull-riding events and PRCA rodeos every weekend.
About SNJ Today
SNJ Today, based in Millville, NJ, was founded in 2014 as a new and traditional media company. SNJ Today provides news and other programming on Internet radio at www.snjtoday.com, and its own local Comcast television station as well as leased channels serving nearly 3 million households in the southern New Jersey, Philadelphia, Lehigh Valley and Delaware markets. The company owns and operates both an AM and FM radio station and local newspaper distributed weekly to more than 20,000 homes. SNJ Today's affiliated companies include ClearBridge Media Consulting providing full-service marketing services and solutions, and Glasstown Productions, a full-service video production company with major network studio assets.
About Frankly
Frankly (TSX VENTURE: TLK) builds an integrated software platform for brands and media companies to create, distribute, analyze and monetize their content across all of their digital properties on web, mobile and TV. Its customers include NBC, ABC, CBS and FOX affiliates, as well as top fashion brands, professional sports franchises and global organizations. Collectively, Frankly reaches nearly 80 million monthly users in the United States. The company is headquartered in San Francisco with major offices in New York. To learn more, visit www.franklyinc.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Notice regarding forward-looking statements:
This release includes forward-looking statements regarding Frankly and their respective businesses. Forward-looking events and circumstances discussed in this release, may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting the parties. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Frankly undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
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SOURCE Frankly Inc.
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