10:07 AM EDT, 07/12/2024 (MT Newswires) -- Loop Media ( LPTV ) said Friday it is launching new premium Free Ad-Supported Streaming TV, or FAST, channels this summer.

The streaming media platform operator said it expects the move to support revenue opportunities for advertising partners.

The new FAST channels include a trivia channel, a music channel for emerging artists, and a fashion channel, Loop said.

Shares of the company were up 2.2% in recent Friday trading.