TORONTO, CANADA April 16, 2015 – YANGAROO Inc. (TSX-V: YOO, OTC: YOOIF), the industry’s leading secure digital media management company today announced that its research shows that over 50% of independently produced music videos have been accepted for airing by major national music video networks in the U.S. Based on data gathered in the first three months of 2015, 660 independent music videos have been delivered electronically to two major national broadcasters in the US, that provide the company this information, and 363 have been accepted for airing, a remarkable success rate 55%.
YANGAROO’s DMDS is the industry standard for music video deliveries to all other major and regional broadcasters as well but they do not provide the same detailed information, but it would be fair to assume that there is a similar rate of acceptance by these other broadcasters, based on anecdotal evidence and anecdotal reports.
TORONTO, CANADA – YANGAROO Inc., (TSX-V: YOO, OTCBB: YOOIF) the industry’s leading secure digital media management company and The Canadian Country Music Association (CCMA) have entered into a multi-year agreement to enable online awards management services for the Canadian Country Music Association Awards and Country Music Week Showcases.
A web-based digital solution, YANGAROO Awards, which is powered by YANGAROO’s Digital Media Distribution System (DMDS) platform, is an end-to-end solution that instantly and securely connects artists, judges, event organizers, and auditors. It streamlines every element of award show management, including nominations, committee review, voting, results tabulation, and auditing.
YANGAROO Awards has quickly emerged as the industry standard for awards shows voting in North America, being employed similarly by The GRAMMY Awards, The MTV Video Music Awards (VMAs), The MTV Movie Awards, BET Awards, The Academy of Country Music Awards, and The JUNO Awards, among many others.
TORONTO, CANADA – YANGAROO Inc. (TSX-V: YOO, OTC: YOOIF), the industry's leading secure digital media management company, announced today its results for the third quarter ending September 30th, 2013.
The third quarter growth was 11% higher than the same period in 2012, with revenues of $836,155. Revenues for the first 9 months of the year were $2.4 million, up 26% over same period in 2012.
Quarter over quarter revenue growth was flat, which can be attributed to seasonality of the business, as July and August are historically amongst the slowest months of the year. Normalized adjusted EBITDA for the quarter of $(62,250) was also largely unchanged from the previous quarter.
Growth continues in both the Advertising and Entertainment sectors of the business. The year on year growth, coupled with sequential quarterly growth, is expected to continue for the remainder of 2013 and into 2014.
- Q3 revenue growth: 11% year over year
- Nine month revenue growth up 26%
- Normalized cash burn flat quarter over quarter
- Adjusted EBITDA improved 15% year over year
- Advertising revenue up 18% over previous year
- Entertainment revenue up 8% over previous year
- Loss from operations down 20% over previous year
- U.S. revenue from all sources up 23% over previous year
- Gain on extinguishment of debt in the quarter of $1.67M
Yangaroo Partners with Goran Andersson to Provide its Industy Leading Audio & Music Video Delivery Service in Brazil
Wednesday, October 30, 2013 - 09:00
Exclusive Multi-year Deal For Digital Delivery of
Broadcast Audio and Music Video
Toronto, Canada – October 30, 2013 YANGAROO Inc., (TSX-V: YOO, OTCBB: YOOIF) the industry's leading secure digital media management company, has entered into an exclusive multi-year agreement with Göran Andersson, a leading music industry entrepreneur, with Brazilian-based offices in Sao Paulo and Rio. Andersson’s company, Universi Brazil, works with leading major and independent record labels, and has strong ties with the major radio and television broadcasters in the country.
Brazil is a country of over 200 million people and has a thriving economy with one of the fastest growing middle classes on the planet. The Brazilian recording industry is highly sophisticated and has a well-developed domestic industry, in addition to music it receives from around the world.
The parties have entered into an exclusive three year renewable agreement whereby YANGAROO will provide its patented industry leading Digital Media Distribution System (DMDS) and Göran Andersson will provide his market expertise, proven marketing and customer support team, and well-established customer base.
REVOLT launches October 21st in Chicago,
Dallas, Los Angeles, and New York
TORONTO – October 17, 2013 – YANGAROO Inc. (TSX-V:YOO, OTBB:YOOIF), the industry’s leading secure digital media management company, today announced that Sean ‘Diddy’ Combs’ REVOLT television network has selected YANGAROO’s Digital Media Distribution System (DMDS) for the delivery of high-definition (HD) music videos to REVOLT for airing. Premiering on October 21, REVOLT will initially be available in 20 to 30 million Comcast and Time Warner Cable homes in major markets like Chicago, Dallas, Los Angeles, and New York.
YANGAROO’s patented DMDS platform is the standard for music video delivery via the Internet. Web-based and hardware-free, DMDS is user-friendly and integrates with existing production workflows, enabling the delivery of broadcast-quality digital media with a click of a mouse. To access it, existing DMDS users can select REVOLT in the “Destinations” tab. More information and requests for a “video sender” DMDS account can be obtained by visiting www.dmds.com. REVOLT is now accepting videos for broadcast consideration.