Stingray Partners with Multi Channels Asia

MONTREAL/SINGAPORE: Stingray Digital Group has inked a deal to provide growth capital to Multi Channels Asia as part of a new strategic relationship with the company, which operates a portfolio of pay-TV channels across Asia.

MCA and Stingray have worked together on the Asian rollout of Stingray Concerts, Stingray Music and Stingray Karaoke.

“We are proud to partner with Multi Channels Asia,” said Eric Boyko, president, co-founder and CEO of Stingray. “We have had the pleasure of working with them over the past year and the experience has confirmed that MCA is at the top of its field with a comprehensive product portfolio and expert knowledge of regional and local television ecosystems. We believe that MCA is a perfect fit for our expansion plans in Asia. This alliance opens up exciting opportunities for Stingray to rapidly reach new markets.”

Gregg Creevey, the managing director of Multi Channels Asia, added: “We are delighted to partner with Stingray Digital. They are a great partner for us since their exciting digital music portfolio has massive appeal and complements our existing lineup of channels and digital properties. Thanks to the terrific technology underpinning their products, their relationships within the industry and their digital know-how, we are looking to quickly expand MCA’s digital-first initiatives region-wide.”