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YANGAROO Awards HAS GROWN TO BECOME INDUSTRY LEADER
Major Awards Shows Renew Contracts with YANGAROO’s Digital Platform
TORONTO, CANADA June 16, 2016 – YANGAROO Inc. (TSX-V: YOO, OTC: YOOIF), the industry’s leading secure digital media management and distribution company, today announced that since the beginning of the year, The BET Awards, The BET Hip Hop Awards, The Soul Train Awards, and The Golden Globes have all renewed their contracts, and many others have expanded the services provided by YANGAROO. Since its launch in 2009, the YANGAROO Awards digital platform has grown to become the leader, and the industry standard for all aspects of awards show management.
A cloud-based digital solution, YANGAROO Awards, is powered by YANGAROO’s patented Digital Media Distribution System (DMDS) platform, and is an end-to-end solution that instantly and securely connects content owners, judges, event organizers, and auditors. As an example, one major award show client involves over 3,500 submissions in 149 various categories with over six thousand hours of video all reviewed and voted on by 1,750 judges. YANGAROO Awards streamlines every element of award show management including nominations, committee review, voting, results tabulation, and auditing. The YANGAROO Awards platform has been validated by numerous internationally accredited audit firms.
Beginning with The Juno Awards, over 16 major awards shows now rely on YANGAROO technology including The GRAMMYS, The Latin GRAMMYS, The Emmys (Daytime, News and Documentary, and Sports), The Golden Globes, The Academy of Country Music Awards, The MTV Video Music Awards (VMAs), The BET Awards, The Canadian Screen Awards, The BET Hip Hop Awards, and The Soul Train Awards.
“It is extremely gratifying that so many of these major enterprises have entrusted us with their valuable assets, and we take this responsibility very seriously,” said Cliff Hunt, Vice Chairman & COO YANGAROO Inc. “We continually work to improve our product and our service, and we expect continued growth of our awards business in North America and elsewhere.”
YANGAROO is a company dedicated to digital media management. YANGAROO’s patented Digital Media Distribution System (DMDS) is a leading secure B2B digital cloud based solution focused on the music and advertising industries. The DMDS solution provides more accountable, effective, and far less costly digital management of broadcast quality media via the Internet. It replaces the physical, satellite and closed network distribution and management of audio and video content, for music, music videos, and advertising to television, radio, media, retailers, and other authorized recipients. The YANGAROO Awards platform is now the industry standard and powers most of North America’s major awards shows.
YANGAROO has offices in Toronto, New York, and Los Angeles. YANGAROO trades on the TSX Venture Exchange (TSX-V) under the symbol YOO and in the U.S. under OTCBB: YOOIF.
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The statements contained in this release that are not purely historical are forward-looking statements and are subject to risks and uncertainties that could cause such statements to differ materially from actual future events or results. Such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.