Stingray has purchased the assets of Qello Concerts, a streaming service for concerts and music documentaries that has a footprint in more than 160 countries.
The Qello Concerts OTT platform offers full-length, on-demand music content. It is currently available on Amazon Channels, Apple TV, Roku, Google TV, Samsung Smart TV, on mobile devices, on the web at QelloConcerts.com and more.
“The acquisition of Qello Concerts confirms our position as the market leader in music SVOD services worldwide following the successful launch of Stingray Classica, Stingray DJAZZ and Stingray Karaoke with major providers such as Amazon Channels and Comcast,” said Eric Boyko, president, co-founder and CEO of Stingray. “We see this agreement as a way forward to deliver on our mission of becoming the destination for consumers worldwide who want to discover and enjoy music across all platforms on all of their devices.”
“Qello Concerts’ mission has always been to preserve and curate the most iconic music performances and films, and to deliver the highest quality experience, which is exactly how music fans want to consume entertainment,” added Richard Johnson, president and co-founder of Qello Concerts. “We couldn’t have chosen a more perfect new home than Stingray for Qello Concerts. Our passion for music, coupled with our dedication to deliver the ultimate user experience, falls directly in line with Stingray’s mission. We look forward to accelerating growth and leveraging new opportunities as Stingray and Qello forge ahead together.”