Core Viewpoint - Stingray Group Inc. has announced a definitive agreement to acquire TuneIn Holdings, Inc. for up to US$175 million, aiming to enhance its global digital audio presence and advertising capabilities [1][2][4]. Financial Details - The acquisition is valued at up to US$175 million, with US$150 million paid at closing and up to US$25 million a year later [1][7]. - TuneIn is expected to generate US$110 million in revenue and US$30 million in adjusted EBITDA for the twelve-month period ending December 31, 2025, implying an adjusted EBITDA multiple of 5.8x pre-synergies [7]. - Estimated operational synergies of US$10 million are anticipated within 12 to 18 months post-closing [7]. Strategic Implications - The acquisition will significantly expand Stingray's global digital audio footprint and accelerate growth in streaming services [2][4]. - By integrating TuneIn's ad platform, Stingray aims to enhance its advertising offerings with targeted audio, video, and display advertising solutions [2][4]. - The combination of TuneIn's 75 million active listeners and Stingray's distribution capabilities will create a highly engaged audience for advertisers [4]. Market Position - This transaction positions Stingray as a global leader in audio entertainment and digital advertising sales, with pro forma revenue expected to exceed US$400 million (CA$560 million) [4]. - The acquisition aligns with Stingray's strategy to enhance its presence in the automotive sector, leveraging both companies' strong integrations with leading manufacturers [4][5]. Operational Integration - Following the acquisition, the TuneIn platform will continue to operate under its existing brand, allowing for a seamless integration of services [5]. - The collaboration is expected to create significant growth opportunities for both companies, enhancing their ability to deliver audio content globally [5].

Core Points - Beasley Broadcast Group, Inc. will report its 2025 third quarter financial results on November 10, 2025, before the market opens [1] - A conference call and webcast will be held at 11:00 a.m. ET on the same day to discuss the results [1] - Interested parties can access the conference call via specific phone numbers or through a live webcast on the company's website [2] Company Overview - Beasley Broadcast Group, Inc. was founded in 1961 and owns 54 AM and FM stations across 10 large- and mid-size markets in the United States [4] - The company's radio stations reach nearly 19 million unique consumers weekly through various platforms, including over-the-air, online, and mobile devices [4]

Core Viewpoint - Stingray Group Inc. has received approval from the Toronto Stock Exchange to renew its normal course issuer bid, allowing the repurchase of up to 3,710,428 subordinate voting shares, which represents approximately 10% of the public float as of September 15, 2025 [1][3]. Summary by Sections Share Repurchase Program - The Toronto Stock Exchange has authorized Stingray to repurchase up to 3,710,428 subordinate voting shares, which is about 10% of the public float as of September 15, 2025 [1]. - The net average daily trading volume for the six months preceding September 1, 2025, was 23,675 subordinate shares, allowing Stingray to purchase up to 5,918 subordinate shares on any trading day, which is 25% of this average daily trading volume [2]. - The repurchase program will commence on September 27, 2025, and will last for twelve months, concluding no later than September 26, 2026 [4]. Financial Implications - Stingray believes that repurchasing shares is a suitable use of its funds and will enhance the interests of remaining shareholders by reducing the number of shares in circulation [3]. - As of September 15, 2025, Stingray had already repurchased 1,159,300 subordinate shares at a weighted average price of $8.7156 per share, under its previous NCIB, which allows for the repurchase of up to 3,542,716 subordinate shares [7]. Automatic Securities Purchase Plan - An automatic securities purchase plan has been established, allowing shares to be repurchased during regulatory restrictions or blackout periods, with purchases made at the discretion of a designated broker [6].

Core Viewpoint - Stingray Group Inc. has nominated The Honourable Jean Charest for election to its Board of Directors at the upcoming Annual General Meeting on August 6, 2025, highlighting his potential contributions to the company's strategic direction and global expansion [1][2]. Company Overview - Stingray is a global leader in music, media, and technology, providing a wide range of services including TV broadcasting, streaming, radio, business services, and advertising solutions [5]. - The company operates 97 radio stations and offers subscription video-on-demand content, FAST channels, karaoke products, and music apps, reaching 540 million consumers in 160 countries [5]. Board of Directors Changes - Mark Pathy, Chair of Stingray's Board, expressed enthusiasm for Mr. Charest's potential election, emphasizing his extensive experience in public policy and international business as beneficial for the company's growth [2]. - François-Charles Sirois, a co-founder and director since 2007, will not seek re-election at the upcoming AGM, marking the end of an 18-year tenure [2][3]. Jean Charest's Background - Jean Charest has a distinguished political and legal career, having served as Premier of Québec from 2003 to 2012 and as Deputy Prime Minister of Canada in 1993 [3]. - Currently, he is a partner and strategic advisor at Therrien Couture Joli-Coeur L.L.P., where he utilizes his expertise in public policy and business for international transactions [3].

Core Viewpoint - Stingray Group Inc. has announced a leadership change due to the CFO's health-related leave, appointing Marie-Hélène Fournier as Interim CFO to ensure continuity in the company's financial strategy [1][2][3] Group 1: Leadership Change - Jean-Pierre Trahan, the Chief Financial Officer of Stingray, is taking a leave of absence for health reasons [1] - Marie-Hélène Fournier has been appointed as Interim Chief Financial Officer, effective immediately, and has extensive experience with over 75 acquisitions and investments [2] - The CEO expressed confidence in Fournier's ability to maintain the company's strategic execution during Trahan's absence [3] Group 2: Company Overview - Stingray is a global leader in music, media, and technology, providing a wide range of services including TV broadcasting, streaming, and advertising solutions [3] - The company operates 97 radio stations and offers various digital services, reaching 540 million consumers across 160 countries [3] - Stingray Business division focuses on commercial solutions such as music, in-store advertising, and AI-driven consumer insights [3]

Core Insights - Stingray Group Inc. will release its financial results for the fourth quarter ended March 31, 2025, on June 10, 2025, after market close [1] - A conference call to discuss these results is scheduled for June 11, 2025, at 10:00 a.m. Eastern Time [1] Company Overview - Stingray is a global music, media, and technology company, recognized as an industry leader in TV broadcasting, streaming, radio, business services, and advertising [3] - The company offers a wide range of services including audio and video channels, over 100 radio stations, subscription video-on-demand content, FAST channels, karaoke products, and music apps [3] - Stingray Business provides commercial solutions in music, in-store advertising, digital signage, and AI-driven consumer insights [3] - Stingray Advertising is the largest retail audio advertising network in North America, reaching over 30,000 major retail locations [3] - The company employs nearly 1,000 people globally and serves 540 million consumers across 160 countries [3]