Stingray Digital expands to Airecable
Juan Fernandez Gonzalez
| 22 May 2014
Airecable is to include Stingray Digital's pay-TV music channels for its Mexican customers.
Subscribers in the country's Northwest region will now receive Stingray's 50 channels from the Galaxie service.
The Canadian firm continues to expand in Latin America after strengthening its position in the Caribbean. Through the deal with Airecable, Stingray will be now available for pay-TV customers in the Mexican districts of Nuevo Laredo, Ciudad Acuña and León.
"This agreement allows Stingray to reinforce its position in Mexico, one of the fastest growing digital markets in Latin American," said Gustavo Tonelli, manager for LATAM at Stingray. "The deal also underlines our intention to partner with large and small pay-TV operators which are looking to increase their music offers."
Stingray Digital bought Mood Media's DMX Media at the beginning of the year, acquiring with it many strategic partners in Latin America and the Caribbean.
The Montreal-based company has offices in Los Angeles, Miami, London and Tel Aviv, and is owned by Telesystem, Novacap and Boyko Investment Corporation. Its music platform targets both individual clients and companies, serving content to music and video providers such as Galaxie, Music Choice International and Karaoke Channel.