Frankly Media Enters into Long Term Contract Extensions with Two Market-Leading Local Broadcast Customers

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Frankly Media Enters into Long Term Contract Extensions with Two Market-Leading Local Broadcast Customers

Canada NewsWire

NEW YORK, March 6, 2019 /CNW/ -- Frankly Media (TSX VENTURE: TLK) (Frankly), a leader in transforming media companies by enabling them to publish and monetize their digital content across all platforms, has entered into long-term extensions of its publishing platform and services agreements with Lilly Broadcasting and Waterman Broadcasting.  Frankly's next generation multiscreen platform, Express, enables broadcasters to deliver the highest quality live and on-demand video, content, and monetization to any platform and IP connected device. 

Frankly's Express Platform has many new features, including drag and drop functionality that gives publishers the ability to simply and quickly build responsive sites using flexible, scalable modules.  Frankly's content management system (CMS), Express Producer, provides a unified integration of live and on-demand broadcast streams with digital cloud-publishing technology, creating a streamlined workflow so that publishers can easily clip, edit and publish video and distribute media to any device, channel or site.  In partnering with Frankly, customers gain access to Frankly's leading-edge advertising platform to holistically manage ad and revenue operations for cross-channel ad inventory (Display, Mobile, Video and iPTV) and demand.  Frankly's real-time, robust reporting and analytics provides transparency for yield management to continually optimize advertising ROI.

"We have been a customer of Frankly for over a decade," said Matthew Bernaldo, Digital Media Director at Waterman Broadcasting, "and over this period Frankly's toolset has allowed us to adapt to and thrive in the ever-changing digital landscape and reach our audiences on new devices and platforms as their consumption habits evolve.  The enhancements Frankly has made to its product suite will allow us to continue expanding our online focus and reach."

"Frankly's tools enable us to publish content across all digital platforms – web, video, mobile apps, and OTT apps – efficiently. We now have a fresh face on our responsive web sites and mobile apps, and are finalizing OTT apps in all of our markets, and consumers are responding.  Frankly's Customer Success team continues to over deliver, and they provide the monetization tools and support that we need to grow digital revenue," said John Christianson, Executive Vice President at Lilly Broadcasting.

Lou Schwartz, CEO of Frankly, commented: "I am pleased to hear these stellar remarks from our most loyal customers. For the past few years, our team has worked tirelessly to execute on our long-term product plan, which we developed shortly after the acquisition of Worldnow. By transforming the way broadcasters create stories, develop richer content experiences, and seamlessly manage live and VOD content distribution to web, native mobile, and a variety of downstream OTT devices, we have successfully completed the re-architecture of our platform to meet the needs of modern-day broadcasters, media companies, and publishers.  Accordingly, by the end of the second quarter of this fiscal year, we will have all of our customers leveraging our latest platform enhancements. More importantly, our significant investment in R&D is now leading to untapped opportunities in other adjacent markets which will drive top-line revenue growth. Frankly has enabled its customers to be leaders in experience-led digital transformation.  We are proud to be continuing our partnerships with Waterman Broadcasting and Lilly Broadcasting."

About Frankly

Frankly Media provides a complete suite of solutions that give publishers a unified workflow in the creation, management, publishing and monetization of all content to any device maximizing audience value and revenue.  Frankly brings publishers and their audiences the solutions to meet the dynamic challenges of a diverse content multiscreen world. The company is headquartered in New York with offices in Atlanta.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Cision View original content:http://www.prnewswire.com/news-releases/frankly-media-enters-into-long-term-contract-extensions-with-two-market-leading-local-broadcast-customers-300807261.html

SOURCE Frankly Media

View original content: http://www.newswire.ca/en/releases/archive/March2019/06/c9089.html

Copyright CNW Group 2019

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).