Core Insights - Stingray has announced the acquisition of DMI, enhancing its retail media network by approximately 8,500 locations in the U.S., bringing the total to 33,500 locations, thereby solidifying its leadership in the industry [1][2][3] Company Overview - Stingray is a global leader in music and video content distribution, business services, and advertising solutions, providing a wide range of services including audio and video channels, radio stations, and digital signage [4] - DMI, founded in 1997, specializes in music branding and in-store audio advertising, with a strong portfolio that includes a large national pharmacy chain [5] Strategic Implications - The acquisition positions Stingray as the definitive leader in in-store audio advertising within the U.S. pharmacy sector, covering the two largest pharmacy chains in the country [2][3] - DMI's expertise in audio branding and its impressive client portfolio complement Stingray's existing offerings, enhancing the overall value proposition for clients [3] Additional Services - DMI's business includes advertising in cinemas, brand marketing support, and event production, which will further enrich Stingray's comprehensive suite of services for brands and businesses [3]