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YANGAROO AND HUB ARTIST SERVICES ENTER AGREEMENT FOR DIGITAL DELIVERY OF MUSIC IN AUSTRALIA AND NEW ZEALAND.
TORONTO, CANADA – September 5, 2017 – YANGAROO Inc., (TSX-V: YOO, OTCBB: YOOIF) the industry’s leading secure digital media management and distribution company, today announced a multi-year agreement with Hub Artist Services to provide secure delivery of music from record labels and independent music artists to broadcasters, music reviewers and other destinations in Australia and New Zealand with the newly minted brand, “HUB DIGITAL DISTRIBUTION, powered by YANGAROO”. The agreement initially is for delivery of audio files only.
YANGAROO Music is a proven solution that has been successfully delivering music securely and electronically for content owners to radio broadcasters and other destinations in North America and other territories for over a decade.
YANGAROO has also become the industry standard for delivering secure media on behalf of the premier awards ceremonies in North America including the GRAMMY’s, JUNO Awards and Golden Globes.
The HUB DIGITAL DISTRIBUTION service will be officially launched in Australia at the BIGSOUND Music Conference in Brisbane on 6th September 2017. The introduction of YANGAROO’S world class technology solves a number of issues for artists, labels, as well as broadcasters and other media outlets in Australia and New Zealand. For the former, it delivers the highest quality, watermarked, broadcast ready files, instantly, securely, inexpensively, and directly to the decision makers, in a format in which they prefer to receive it. For media, HUB DIGITAL DISTRIBUTION is for the exclusive use to pre-approved recipients, and these releases are easily accessible in one library via computer or mobile device.
“We are very pleased to partner with HUB DIGITAL DISTRIBUTION to provide the same workflow efficiencies in distributing music in the Australia and New Zealand markets as we currently do in Canada, the US, and Ireland,” said Adam Hunt, SVP Entertainment, YANGAROO Inc. “There is a savvy and well-connected team in place to lead this transition, with the potential to expand to services beyond audio delivery and to markets beyond Australia and New Zealand.”
Paul Paoliello, Director of HUB DIGITAL DISTRIBUTION says, “This is an incredibly exciting opportunity to bring a new service to market. We’ve spoken to potential users in order to understand their needs and have complete confidence in the YANGAROO service to meet these needs. It is a service that is cost effective, user friendly and full of practical features – and critically YANGAROO’s resources and flexible approach means it is always evolving to meet market requirements. The fact that they were chosen to service partners like the GRAMMY’s reflects the calibre of their operations. We’re here on the ground, to make sure our clients’ needs are met, as well as grow opportunities for them. Our commitment is to continue to build innovative and valuable products and services for the local music ecosystem and our vision is the delivery of a network of services connecting artists into North American and Asian markets.”
About HUB DIGITAL DISTRIBUTION:
HUB DIGITAL DISTRIBUTION is the latest extension of the Hub Artist Services ecosystem, which has provided innovative and career-changing opportunities for Australian artists for more than a decade through their management, record label and publishing services. The past 12-months has seen an exciting evolution of the company engaging with Paul Paoliello and The Kennel AB in Stockholm, to continue developing an exciting management roster and production business. Hub has delivered new energy to the University space through the Unisounds platform and are continuing their passionate work with label partners such as Dine Alone Records. The artists are at the heart of the business and include a diverse roster of amazing talent like Tom Jay Williams, Gold Fields, DOE and Peta & The Wolves. HUB DIGITAL DISTRIBUTION provides an opportunity to pull all of these threads together and connect more Australian music and artists than ever with the key industry decision makers, underpinned by experience, strategy and access to the global leader in digital distribution.
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. For further information, please contact Gary Moss at 416-534-0607 ext.111 or visit http://www.yangaroo.com.
For YANGAROO Investor Inquiries:
Phone: (416) 534-0607
For Hub Artist Services and Hub Digital powered by YANGAROO Inquiries:
Phone: +61 408 339 067
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
Cautionary Note Regarding Forward-looking Statements
This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “may”, “will”, “project”, “should” or similar words, including negatives thereof, suggesting future outcomes.
Forward looking statements are subject to both known and unknown risks, uncertainties and other factors, many of which are beyond the control of YANGAROO, that may cause the actual results, level of activity, performance or achievements of YANGAROO to be materially different from those expressed or implied by such forward looking statements, including but not limited to: the use of proceeds of the offering, receipt of all necessary approvals of the offering, general business, economic, competitive, political and social uncertainties; negotiation uncertainties and other risks of the technology industry. Although YANGAROO has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.
Forward-looking statements are not a guarantee of future performance and involve a number of risks and uncertainties, some of which are described herein. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause YANGAROO’s actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Any forward-looking statements are made as of the date hereof and, except as required by law, neither YANGAROO assumes no obligation to publicly update or revise such statements to reflect new information, subsequent or otherwise.