{"id":760001,"date":"2023-05-23T08:18:01","date_gmt":"2023-05-23T12:18:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/loop-media-set-to-join-russell-2000-russell-3000-and-russell-microcap-indexes\/"},"modified":"2023-05-23T08:18:01","modified_gmt":"2023-05-23T12:18:01","slug":"loop-media-set-to-join-russell-2000-russell-3000-and-russell-microcap-indexes","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/loop-media-set-to-join-russell-2000-russell-3000-and-russell-microcap-indexes\/","title":{"rendered":"Loop Media set to join Russell 2000\u00ae, Russell 3000\u00ae and Russell Microcap Indexes"},"content":{"rendered":"

<\/p>\n

Loop Media set to join Russell 2000\u00ae<\/sup>, Russell 3000\u00ae<\/sup> and Russell Microcap Indexes<\/b><\/p>\n

GLENDALE, Calif.–(BUSINESS WIRE<\/a>)–
\nLoop Media, Inc. (“Loop Media”) (NYSE American: LPTV), a leading multichannel streaming platform that provides curated music video, sports, news and entertainment television channels for businesses, is set to join the broad-market Russell 3000\u00ae<\/span><\/sup>Index, as well as Russell 2000 and Russell Microcap Indexes, at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, according to a preliminary list of additions posted May 19.<\/p>\n

\nAnnual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, ranking them by total market capitalization. Membership in the US all-cap Russell 3000\u00ae<\/sup> Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000\u00ae<\/span><\/sup> Index or small-cap Russell 2000\u00ae<\/span><\/sup> Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.<\/p>\n

\n\u201cThis is a significant moment for everyone associated with Loop Media to be selected to join the Russell 2000, 3000 and Microcap Indexes within our first year of being listed on the NYSE American,\u201d said Jon Niermann, CEO and Co-Founder of Loop Media. \u201cIt really is recognition of how far Loop has come in a short period of time to become a state-of-the art streaming television and digital signage company that brick-and-mortar businesses have come to rely on for entertainment, curated customer experiences, engagement and brand loyalty. Advertisers and agencies are also seeing the unique highly targeted value that Loop provides as part of their CTV and Digital Video media mix. With Loop\u2019s inclusion in the Russell Indexes, Loop\u2019s profile will have increased visibility and awareness within the investment community, as well.\u201d<\/p>\n

\nRussell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12.1 trillion in assets are benchmarked against Russell\u2019s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.<\/p>\n

\nFor more information on the Russell 3000\u00ae<\/sup> Index and the Russell indexes reconstitution, go to the \u201cRussell Reconstitution\u201d section on the FTSE Russell website<\/a>.<\/p>\n

About Loop Media, Inc.<\/b><\/p>\n

Loop Media, Inc.<\/a> (“Loop Media”) (NYSE American: LPTV) is a leading digital out of home (DOOH) TV and digital signage platform optimized for businesses, streaming more than 200 free music video, news, sports and entertainment channels through its Loop TV service. Loop Media is the leading company in the U.S. licensed to stream music videos to businesses through its proprietary Loop Player.<\/p>\n

\nLoop Media\u2019s digital video content reaches millions of viewers in DOOH locations including bars\/restaurants, office buildings, retail businesses, college campuses, airports and on free ad-supported TV platforms like Roku and at local gas stations on GSTV terminals in the United States.<\/p>\n

\nLoop is fueled by one of the largest and most important video libraries that includes music videos, movie trailers and live performances. Loop Media\u2019s non-music channels cover a multitude of genres and moods and include movie trailers, sports highlights, lifestyle and travel videos, viral videos and more. Loop Media\u2019s streaming services generate revenue from advertising, sponsorships, integrated marketing and branded content, and from subscriptions.<\/p>\n

\nTo learn more about Loop Media products and applications, please visit us online at Loop.tv<\/a><\/p>\n

\nFollow us on social:<\/p>\n

\nInstagram: @loopforbusiness
\n<\/a>
Twitter: @loopforbusiness
\n<\/a>
LinkedIn: https:\/\/www.linkedin.com\/company\/loopforbusiness<\/a><\/p>\n

About FTSE Russell:<\/span><\/b><\/p>\n

\nFTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally.<\/p>\n

\nFTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $20.1 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.<\/p>\n

\nA core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.<\/p>\n

\nFTSE Russell is wholly owned by London Stock Exchange Group.<\/p>\n

\nFor more information, visit www.ftserussell.com<\/a>.<\/p>\n

\nSafe Harbor Statement and Disclaimer<\/p>\n

\nThis 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\u2019s ability to compete in the highly competitive markets in which it operates, statements regarding Loop Media\u2019s 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\u2019s SEC filings are available at www.sec.gov<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230523005550\/en\/<\/a><\/span><\/p>\n

\nLoop Media Press Contact
\n
Samara Cooperberg, AVP | 5WPR
\n
looptv@5wpr.com<\/a><\/p>\n

\nLoop Media Investor Contact
\n
Jim Cerna, Head of Capital Markets | Loop Media
\n
ir@loop.tv<\/a><\/p>\n

KEYWORDS:<\/b> California United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Entertainment Technology TV and Radio General Entertainment Online Music Audio\/Video<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Loop Media set to join Russell 2000\u00ae, Russell 3000\u00ae and Russell Microcap Indexes GLENDALE, Calif.–(BUSINESS WIRE)– Loop Media, Inc. (“Loop Media”) (NYSE American: LPTV), a leading multichannel streaming platform that provides curated music video, sports, news and entertainment television channels for businesses, is set to join the broad-market Russell 3000\u00aeIndex, as well as Russell 2000 and Russell Microcap Indexes, at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, according to a preliminary list of additions posted May 19. Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, ranking them by total market capitalization. Membership in the US all-cap Russell 3000\u00ae Index, which remains in place … <\/p>\n

Continue reading “Loop Media set to join Russell 2000\u00ae, Russell 3000\u00ae and Russell Microcap Indexes”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-760001","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLoop Media set to join Russell 2000\u00ae, Russell 3000\u00ae and Russell Microcap Indexes - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/loop-media-set-to-join-russell-2000-russell-3000-and-russell-microcap-indexes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Loop Media set to join Russell 2000\u00ae, Russell 3000\u00ae and Russell Microcap Indexes - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Loop Media set to join Russell 2000\u00ae, Russell 3000\u00ae and Russell Microcap Indexes GLENDALE, Calif.–(BUSINESS WIRE)– Loop Media, Inc. 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