🤑 It doesn’t get more affordable. Grab this 60% OFF Black Friday offer before it disappears…CLAIM SALE

Loop Media Fully Migrates to AWS

Published 04/10/2023, 13:04
LPTV
-

Loop Media, Inc. ("Loop®") (NYSE American: LPTV), the free streaming television media company for business which provides over 2 billion video views every month via restaurants, retail businesses, office buildings, doctors’ offices, airports, bars and college campuses, announced today that Loop Media has fully migrated its platform infrastructure to Amazon Web Services (AWS), including Amazon Relational Databases (RDS) use for scalability and reliability, Amazon CloudFront for all media delivery, and Amazon Elastic Compute Cloud (EC2) for all server deployments.

The company leveraged the AWS Startups program, which focuses on helping startups succeed by offering a broad range of infrastructure services, programs, and events to support startups as they launch, grow, and scale. The expanded business relationship between Loop® and AWS includes usage of 35 different AWS services every month on average, as well as Multi-Channel Fulfillment (MCF) and Fulfillment by Amazon (FBA), which now enables Loop Media to rapidly integrate new services to the platform, while simultaneously benefiting from operational cost savings.

“Joining AWS Startups and working with AWS to better align our operational, process and efficiency objectives, has given Loop Media access to cost savings and operational structural improvements which we are starting to see bear fruit across the entire enterprise,” said Liam McCallum, Chief Product Officer of Loop Media. “As we continue to work with AWS Startups, MCF and FBA, among other services, we will obtain greater efficiencies and opportunities usually associated with billion-dollar companies,” McCallum added.

“Loop Media is exactly the type of business that AWS Startups was designed to support--from cloud storage, to database scalability, to video deliverability, to content performance, and more--our goal is to ensure startups can run like any big enterprise, but with cost savings that fit their budgets,” said Sherry Karamdashti, Head of North America Startups at AWS. “We are excited to help Loop Media take full advantage of all the exclusive benefits of our startups program, as well as our relationship with Amazon fulfillment, so they can scale and grow.”

Before its uplist to the NYSE American exchange last year, Loop Media kicked off its cloud journey in 2020 with AWS Activate, AWS's startup hub offering self-service business and technical content covering a myriad of purposeful themes, from fundraising and legal guidance to technical documentation on solutions architecture, as well as up to $100,000 in AWS credits.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.