02:51 PM EDT, 07/09/2024 (MT Newswires) -- Stingray (RAY-A.TO), a company involved in music, video content distribution, business services, and advertising solutions, announced Tuesday the acquisition of The Coda Collection, a music-focused streaming platform. However, no financial details are given.
According to a statement, "this strategic move solidifies Stingray's position as the leading provider of concert streaming on the world's most popular platforms."
Launched in February 2021, The Coda Collection is available exclusively on Prime Video Channels in the U.S. and UK, with subscriptions priced at US$4.99 and 3.99 Pounds per month, respectively. It spans various genres, showcasing iconic moments in music history through storytelling.
The exclusive collection has included world-premiere films such as the Grammy-nominated "Music, Money, Madness: Jimi Hendrix In Maui," together with acclaimed original productions such as "Home Again: Carole King Live In Central Park" and a curated library of legendary performances and documentaries.
The Coda Collection has been the home for previously unseen archival footage from legendary artists such as Aretha Franklin, Muddy Waters, and Marvin Gaye, as well as exclusive concert performances from artists such as Marcus King and the Rolling Stones.
Said Mathieu Peloquin, Senior Vice President, Marketing and Communications at Stingray, in the statement. "This acquisition aligns perfectly with our strategy to enhance our portfolio of music streaming services and solidify our leadership in concert streaming on Amazon platforms."
The Coda Collection joins Stingray's other popular streaming services, Qello Concerts, Stingray Karaoke, Stingray Classica, and Stingray DJAZZ.
Price: 7.42, Change: -0.08, Percent Change: -1.07