Society Pass backed Thoughtful Media Group Announces New CEO and Vision to be the Leader in Digital and Social Commerce in SEA

BANGKOK, Aug 10, 2022 - (ACN Newswire via SEAPRWire.com) - Society Pass Inc (Nasdaq: SOPA) recently announced the acquisition of Thoughtful Media Group ("Thoughtful Media" or "TMG"), a social commerce-focused, premium digital video MPN headquartered in Thailand with an operating presence in the US, Vietnam, and Philippines. The acquisition of Thoughtful Media marks SoPa's first foray into Thailand and adds to SoPa's growing ecosystem of technology-enabled companies located in the SEA countries of Vietnam, Philippines, Singapore and Thailand.Along with this latest acquisition, Bien Kiat Tan has been appointed as the CEO of TMG, along with Jittra Cheng as TMG Thailand Country Director and Quynh Vo as TMG Vietnam General Manager. The three executives will drive Thoughtful Media forward in its next stage of growth.TMG is a leader in digital and social commerce across Southeast Asia region. Thoughtful Media recorded revenues of US$5.8 million in 2021. Since its founding, Thoughtful Media's data-rich MPN has uploaded over 675,000 videos with over 80 billion video views. The current network of 263 YouTube channels has onboarded over 85 million subscribers with an average monthly viewership of over 600 million views.Dennis Nguyen, Society Pass Founder, Chairman and Chief Executive Officer, said, "Thoughtful Media's social commerce-focused business model perfectly complements our future growth strategy for Society Pass as we drive consumer eyeballs and generate revenues for riveting consumer brands throughout SEA. I am proud to appoint Bien Kiat Tan as the CEO of TMG, along with Jittra Cheng as TMG Thailand Country Director and Quynh Vo as TMG Vietnam General Manager, and look forward to their expert leadership in steering our operations to greater heights. As we grow our presence across SEA, we are confident that the SoPa ecosystem will nurture and accelerate the growing portfolio of brands."Originally founded in 2010, Thoughtful Media today creates and distributes digital advertising campaigns across its MPN in both SEA and the US. With its intimate knowledge of local markets, digital marketing technology tools and social commerce business focus, advertisers leverage Thoughtful Media's wide influencer network throughout SEA to market and sell advertising inventory exclusively with specific placement and effect. As a result, Thoughtful Media's content creator partners earn a larger share of advertising revenues from international consumer brands. And according to Accenture, the social commerce market is poised to grow to US$1.2 trillion by 2025 at a CAGR of 26%.Bien Kiat Tan, CEO of TMG, shares his enthusiasm saying, "Partnering with Society Pass allows Thoughtful Media to unlock strategic opportunities with influencers and advertisers as well as design cross-marketing synergies for companies in the SoPa ecosystem. Powered by these synergies, we are confident in driving tremendous revenue growth in 2022 and beyond. Focusing on the new influencer market trends, TMG is nurturing its content creators to develop Short Videos and build presence in the Social Commerce space, which is booming in Vietnam, Thailand, Philippines, Singapore and Indonesia. TMG is creating synergies by leveraging its creators and creative talent to serve the sister platforms in the SOPA ecosystem as well as its Brands and millions of consumer base."Welcoming the renewed foray, TMG Thailand Country Director, Jittra Cheng said, "Given the immense potential of the Thai market, I look forward to lead TMG to be the leader in digital and social commerce across SEA, backed by SoPa's unique modus operandi, and take my team along in this successful journey. With an amplified focus on content creators, TMG is building additional support including infrastructure like new studios for its influencers and creators to host live streaming, and educating creators on content across multiple platforms. TMG assists its creators in effective monetisation through social commerce and earning commissions while working with brands."TMG looks at doubling its current team size of 17 to over 30 people in the next couple of years, powered by the growing ubiquity of social media influencers on shaping purchase decisions and driving increasingly greater numbers of brands to shift advertising budgets to this dynamic outlet. Thoughtful Media's digital advertising tools and expertise bolsters Society Points, SoPa's paradigm shifting loyalty platform. SoPa's product offering uniquely positions Thoughtful Media as a leading SEA retail marketing and advertising hub for international and regional consumer brands.About Society PassAs a loyalty and data marketing ecosystem in Singapore, Vietnam, Philippines, and Thailand and with offices located in Singapore, Hanoi, Ho Chi Minh City, Manila, Angeles and Bangkok, SoPa is an acquisition-focused e-commerce holding company operating 7 interconnected verticals (loyalty, merchant software, lifestyle, F&B, telecoms, digital media, and travel), which seamlessly connects millions of consumers and thousands of merchants across multiple product and service categories throughout SEA.SoPa's business model focuses on analysing user data through its Society Pass loyalty platform and circulation of its universal loyalty points or Society Points. The Society Pass loyalty platform drives customer acquisition and retention for merchants. Since its inception, SoPa has amassed over 2.1 million registered consumers and over 6,700 registered merchants/brands onto its platform. It has invested 2+ years building proprietary IT architecture with cutting edge components to effectively scale and support its consumers, merchants, and acquisitions.Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in Southeast Asia. SoPa operates #HOTTAB Biz and #HOTTAB POS - a Vietnam-based POS, CRM and analytics technology solutions provider for small and medium-sized enterprises, Leflair.com, Vietnam's leading lifestyle e-commerce platform, Pushkart.ph, a popular grocery delivery company in Philippines, Handycart.vn, a leading online restaurant delivery service based in Vietnam, Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator, Thoughtful Media Group, a Bangkok-based, a social commerce-focused, premium digital video multi-platform network, and Mangan, the leading local restaurant delivery service in Philippines. For more information, please check out: http://thesocietypass.com/.Media Contacts:PRecious Communicationssopa@preciouscomms.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

Loop Media, Inc. Launches The Wiggles Channel Exclusively First On The Roku Channel Beginning August 19th

Glendale, CA, Aug 20, 2021 - (ACN Newswire via SEAPRWire.com) - via NewMediaWire - Loop Media, Inc. ("Loop") (OTC: LPTV), a leading multichannel streaming platform that provides curated music video and branded entertainment channels for businesses and consumers, today announced a significant expansion of its existing partnership with Roku, Inc. Loop will bring its fully-dedicated The Wiggles Channel exclusively, initially to Roku(R) beginning August 19th. Now, through Loop Media, The Roku Channel will be the home for 24/7 availability of one of the world's most popular children's entertainment groups. Launched in 2017, The Roku Channel is the home for free entertainment on America's No. 1 TV streaming platform based on hours streamed (Hypothesis Group, April 2021).Today's announcement and launch follows closely on the heels of the companies' recent partnership announcements in both the U.S. and Canada that bring several customized Loop Media music video channels to Roku customers, thereby expanding Roku's entertainment line-up.The Wiggles are one of the most successful global children's franchises of all time. For the past thirty years, The Wiggles have educated, entertained and enriched the lives of millions of pre-schoolers (and their parents) all over the globe. Today, generations of fans that grew up watching are sharing their love of The Wiggles with their own children. Loop's dedicated streaming and broadcast channel for The Wiggles, first available on Roku, will initially air content from the original Wiggles, featuring Greg, Anthony, Murray and Jeff. It will include series such as "Wiggle TV" and "The Wiggles Show," as well as specials such as "Wiggle Time!", "Yummy, Yummy" and "Baby Antonio's Circus.""The Wiggles brand has established itself as a global powerhouse for decades in the children's world, delighting kids and parents alike through song and dance," said Ashley Hovey, Director, The Roku Channel AVOD. "We are thrilled to bring this family-friendly, sought-after content to the millions of engaged users on The Roku Channel just in time for Kids & Family's second anniversary. It's a great way to celebrate this milestone!""Loop's partnership with Roku will finally allow our fans continuous access to some of the most popular Wiggles content of all-time," says Anthony Field, Blue Wiggle and founding member of The Wiggles. "In today's age of cord-cutting and streaming preference, it is important that we give our fans as many options as possible to enjoy The Wiggles.""Roku has been a fantastic partner to Loop Media for our streaming music video channels, so we are pleased that they are our inaugural partner for this channel launch," said Jon Niermann, CEO & Co-founder of Loop Media. "The Wiggles Channel is something that we are very excited about and grateful to have the opportunity to produce and distribute. This is another fantastic, curated revenue-generating channel for Loop Media, and is one that will entertain kids and families globally like few other kids branded channels can."About Loop MediaLoop Media, Inc. ("Loop Media") (OTC: LPTV) is a leading multichannel streaming platform that provides curated music video and branded entertainment channels for businesses and consumers. Through its proprietary "Loop Player" for businesses and interactive mobile and TV apps for consumers, Loop Media is the only company in the U.S. licensed to stream music videos directly to consumers and venues out-of-home ("OOH").Loop Media's digital video content reaches thousands of OOH locations including hotels, bars/restaurants, office buildings, and retail businesses, as well as millions of consumers in the U.S., Canada, and Latin America through its apps for iOS, Android, and Huawei, as well as connected TVs and Smart TVs. These TV platforms include Amazon Fire TV, Android TV, AT&T TV, Hisense, JVC, LG, Philips, Roku, Sharp, Sony, Toshiba, VIZIO, and free ad-supported TV platforms TIVO+, Plex, DistroTV, and GSTV.Loop is fueled by one of the largest and most important libraries that includes music videos, movie trailers and live performances. Loop Media's non-music channels cover a multitude of genres and moods and include movie trailers, sports highlights, lifestyle and travel videos, viral videos, and more. The Loop Media consumer apps allow users to create their own playlists, or "Loops," and share them live with interactive watch parties. Loop Media's streaming services generate revenue from advertising, sponsorships, integrated marketing, and branded content from free-ad-supported-television ("FAST") and from subscription offerings.Download the Loop Media app by searching "Loop Media" on your Smart TV's app store or opening loop.tv/app on your mobile device. To learn more about Loop Media products and applications, please visit us online at Loop.tvFollow us on social:Instagram - @looptvofficial (consumer), @looptvbiz (business)Twitter - @looptvofficial (consumer), @looptvbiz (business)LinkedIn - https://www.linkedin.com/company/looptv/About The Wiggles For three decades, The Wiggles have educated, entertained and enriched the lives of millions of pre-schoolers (and their parents) all over the globe. Today, generations of fans that grew up watching are sharing their love of The Wiggles with their own children. Having sold over 30 million albums and DVDs, 8 million books globally, as well as accumulating over one billion music streams and 2 billion views on YouTube, The Wiggles are a dominant player in the preschool entertainment scene. Their live shows annually sell out to audiences on three separate continents, and their videos are seen in over 190 countries around the world. For more information, visit www.thewiggles.com.Safe Harbor Statement and DisclaimerThis news release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, but not limited to, Loop Media's ability to compete in the highly competitive markets in which it operates, statements regarding Loop Media's ability to develop talent and attract future talent, the success of strategic actions Loop Media is taking, and the impact of strategic transactions. Forward-looking statements give our current expectations, opinion, belief or forecasts of future events and performance. A statement identified by the use of forward-looking words including "will," "may," "expects," "projects," "anticipates," "plans," "believes," "estimate," "should," and certain of the other foregoing statements may be deemed forward-looking statements. Although Loop Media believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. Loop Media takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by third parties that are not paid for by Loop Media. Loop Media's SEC filings are available at http://www.sec.gov.Roku is a registered trademark of Roku, Inc. in the U.S. and in other countries. Trade names, trademarks and service marks of other companies appearing in this press release are the property of their respective holders.Loop Media, Inc. Press: Justis Kao Loop Media, Inc. justis@loop.tv Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)