EMI Music and Stingray Digital Announce Global Content Agreement

LAS VEGAS, NEVADA--(Marketwire - Jan. 11, 2012) - EMI Music and Stingray Digital (operators of VOD and Cable Properties Concert TV, The KARAOKE Channel, and Galaxie) have signed a content agreement that will give Stingray Digital access to EMI Music's library of music and concert videos. This content will appear across the range of Stingray's products on a worldwide basis, on Digital Cable, IPTV, mobile, web and TV-Everywhere platforms.

"We continue to grow our music products on a worldwide scale across new platforms, and we are actively pursuing global deals that will facilitate the deployment of these services", stated Eric Boyko, President and CEO of Stingray Digital. "This innovative deal with EMI Music will secure our access to the best music available on a global as well as on a local scale," Boyko concluded.

"We are always looking to find ways for our artists to connect with their existing fans, and to allow a new and broader fanbase to enjoy their music. With its broad distribution of linear audio services in North America and Europe and their Video On Demand music services, Stingray has an important role to play in that goal," comments Pat Shah, EMI Music North America's Vice President, Digital Business Development.

The EMI library includes thousands of music videos and concerts from artists such as Katy Perry, Coldplay, David Guetta, Norah Jones, Lady Antebellum and Keith Urban. Stingray will also be able to offer local content from artists in specific countries across Europe where their services are available. This content will be offered to the 40 million existing and future customers of the Galaxie Music Videos on Demand service and ConcertTV on video on demand in the US, in Canada, and throughout Europe. The agreement includes worldwide rights, and is for all platforms including TV and VOD.

About EMI Music

EMI Music is one of the world's leading music companies, representing artists spanning all musical tastes and genres. Its record labels include Angel, Astralwerks, Blue Note, Capitol, Capitol Latin, Capitol Records Nashville, EMI Classics, EMI CMG, EMI Records, EMI Records Nashville, Manhattan, Parlophone, Virgin Classics and Virgin Records. www.emimusic.com

About Stingray Digital Group

Stingray Digital is a leader in interactive music distribution. Their properties include The KARAOKE Channel, the world's largest licensed karaoke library and karaoke service on TV and Internet, Galaxie, the leading digital music service on TV in Canada, Music Choice Europe, a digital music service on TV in 14 countries in Europe and Africa, Stingray360, a leader in commercial music and video solutions and its music licensing unit, Stingray Music. Stingray Digital is financially backed by Telesystem and Novacap. Headquartered in Montreal, Stingray Digital has more than 140 employees and additional offices in Los Angeles and London, England.

For more information, visit www.stingraydigital.com.