NEW YORK, Oct. 13, 2015 /CNW/ - Frankly Media (formerly Worldnow), a Division of Frankly Inc. (TSX VENTURE: TLK) and a leading Content Management System (CMS) provider in the broadcast industry, today announced customer contracts with 19 broadcast and media groups representing 41 sites that will use Frankly Media's publishing platforms and ad sales to power their sites.
The customer contracts represent both new agreements and existing renewals with some of the nation's most important broadcasters and media groups. The new customers include Rodale Inc., CSI Sports, Mobile Video Tapes Inc., Inside Indiana, Lilly Broadcasting, Ramar Communications, WSIL TV Inc., and Saga Broadcasting.
Contract renewals and extensions have been signed with West Virginia Media, Sarkes Tarzian, Heritage Broadcasting, Citadel Communications, Saga Quad State Communications, Pappas Telecasting, Max Media, Lockwood Communications, NPM Inc., Tropical Productions, and Waterman Broadcasting.
Waterman Broadcasting, owners of WBBH-TV in Ft. Myers, Florida, has used Frankly Media's content platform to become a market leader in both traffic and sales. "We are delighted to extend our partnership with the new Frankly Media. We have been clients since 2007 and through their products and services, we have been able to extend our reach in the market and connect to our audiences across all platforms," said Matt Bernaldo, Director of New Media at Waterman Broadcasting, "Additionally with the Frankly acquisition of Worldnow, we are excited about the strategic roadmap of the company and the products being developed, especially in the mobile space."
"Our customers know that they can rely on our innovative products and services for their mission critical digital content operations," said Lou Schwartz, President of Frankly Media. "These new contracts and extensions were signed after the announcement of the Worldnow acquisition, demonstrating strong customer and market confidence in our ability to operate as a combined company."
"In addition to our content platform, our advertising operation is generating significant revenue for our clients," said Craig Smith, Head of Sales for Frankly Media. "We remain focused on developing robust mobile revenue models that our partners can utilize to grow their business."
Frankly Media plans to continue adding new features to its CMS and ad platform, leveraging Frankly Inc.'s expertise in native mobile app development, messaging, data analytics and social content marketing.
About Frankly: Frankly provides a platform and first-in-class data capabilities for media companies, enterprises, and brands to grow their audience, build engagement, manage their content, and generate revenue across their digital properties. Frankly Media provides content management and advertising solutions to local news media in the United States, covering approximately 100 million monthly users. Frankly Platform is a white-labeled engagement platform that serves top brands and influencers along with Frankly Media customers. Founded in 2013, Frankly is headquartered in San Francisco, California, with offices in New York City. The Company is publicly traded under ticker TLK on Canada's TSX Venture Exchange. To learn more, please visit www.franklyinc.com or email [email protected].
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Notice regarding forward-looking statements:
This release includes forward-looking statements regarding Frankly and their respective businesses. Forward-looking events and circumstances discussed in this release, may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting the parties. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Frankly undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
SOURCE Frankly Inc.