Music solutions provider Stingray opens regional Hq in Singapore

• Company provides B2B music and in-store media solutions
• Singapore office to be headed by Mathieu Sibille

 
MULTIPLATFORM music solutions provider Stingray Digital Group Inc announced it has opened its Asia Pacific regional headquarters in Singapore.
 
This follows its recent acquisitions of iConcerts, a television channel that reaches more than 250 million households, and Digital Music Distribution in Australia, the company said in a statement.
 
Stingray’s Singapore office will be headed by Mathieu Sibille who, in addition to his current position as chief executive officer of iConcerts, will also act as managing director for Asia Pacific.
 
He will spearhead local operations, develop the company’s growth through strategic partnerships, and liaise with music industry stakeholders in the region, the company said.
 
“I cannot overstate the importance of the Asia Pacific region to our global development plan,” said Stingray cofounder, president and chief executive officer Eric Boyko.
 
“By 2020, pay-TV subscriptions in the region will experience double-digit growth, making a permanent Stingray presence essential to propelling our current momentum.
 
“I am thrilled to count on the experience and expertise of Mathieu Sibille to expand our client network, and look forward to bringing our portfolio of curated products and services to even more music lovers,” he added.
 
Stingray provides business-to-business multiplatform music and in-store media solutions, and claims it reaches an estimated 400 million pay-TV subscribers or households in 152 countries.
 
Its products include digital music and video services such as Stingray Music, Stingray Concerts, Stingray Brava, Stingray Djazz, Stingray Music Videos, Stingray Lite TV, Stingray Ambiance and Stingray Karaoke.
 
The company is headquartered in Montreal and currently has over 300 employees across the world, including in Toronto, Miami, London, Amsterdam and Tel Aviv.
 
“We could not have selected a better location than Singapore, a hub of creativity and technology, to grow Stingray’s operations in the region,” said Sibille.
 
“Singapore’s strategic location will allow us to respond in a flexible and reactive way to our current and future clients’ needs. The new Stingray office will serve as a major centre for our clients and will serve a key role in customer support, sales, and development,” he added.
 
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