RAY.B fundamentals

Stingray Group, Inc. engages in the provision of multi-platform music services. It operates through the following segments: Broadcasting and Commercial Music, Radio, and Corporate and Eliminations. The Broadcasting and Commercial Music segment specializes in the broadcast of music and videos on multiple platforms, and digital signage experiences, and generates revenues from subscriptions or contracts. The Radio segment operates several radio stations across Canada and generates revenues from advertising. The Corporate and Eliminations segment refers to a non-operating segment comprising corporate and administrative functions that provide support and governance to the corporation’s operating business units. The company was founded by Eric Boyko and Alexandre Taillefer in 2007 and is headquartered in Montréal, Canada.