Stingray Digital Group has reached an agreement to acquire four of Canada’s Bell Media music video channels: MuchLoud, MuchRetro, MuchVibe and Juicebox.
“In an industry where consolidation is the watchword, and where growth and scale define success, the acquisition of premium quality music content is our primary strategy,” said Eric Boyko, president, co-founder and CEO of Stingray.
“I am thrilled to have come to an agreement with Bell Media to acquire MuchLoud, MuchRetro, MuchVibe and Juicebox. This transaction with Bell Media paves the way for independent media companies like Stingray to propel their global expansion.”
MuchLoud, MuchRetro, MuchVibe and Juicebox will be added to Stingray’s portfolio of television music channels that already include Stingray Ambiance, Stingray Lite TV, Stingray Concerts as well as the recently acquired Brava and Djazz.
MuchLoud, MuchRetro, MuchVibe and Juicebox are distributed by many Canadian providers including Bell, Cogeco, Eastlink, MTS, SaskTel, Rogers, TBayTel, and Telus. Following the acquisition, the four channels will be reintroduced under the Stingray brand.