iMedia’s ShopHQ Set to Launch in 20+ Million High-Definition Homes in Top U.S. Markets
May 20 2021 - 6:00AM
iMedia Brands, Inc. (the “Company”) (NASDAQ: IMBI) announced today
that its flagship television network, ShopHQ, will launch in 20+
million high-definition homes in late June through its affiliation
agreement with RNN, the nation’s largest independent broadcast
group.
“I can’t emphasize enough how impactful we
believe these new HD homes will be in driving ShopHQ’s revenue and
viewership growth opportunities,” said Tim Peterman, CEO iMedia
Brands. “More consumers today watch television primarily in the
high-definition neighborhoods on their cable and satellite systems,
and now ShopHQ will be available there to engage its customers with
competitive HD channel positioning in the biggest U.S. markets.
This agreement will also allow ShopHQ to engage with consumers who
only watch television via over-the-air broadcast in these markets.
I want to thank RNN’s Dick French and Christian French, who have
been great partners to iMedia over this past year as we
collaborated to complete this strategic affiliation agreement.”
ShopHQ will launch on each of the below listed
RNN’s stations primary channel on June 28, 2021.
1. |
WRNN |
New York City |
2. |
KSCI |
Los Angeles |
3. |
KCNS |
San Francisco |
4. |
WMCN |
Philadelphia |
5. |
KFWD |
Dallas |
6. |
WMDE |
Washington DC |
7. |
KUBE |
Houston |
8. |
WWDP |
Boston |
9. |
KIKU |
Honolulu |
ShopHQ airs today via cable and satellite,
over-the-air broadcasting, mobile app and in OTT on Apple TV, Roku,
Amazon Fire TV, select Samsung Smart TVs, and YouTube.
About iMedia Brands, Inc.iMedia
Brands, Inc. (Nasdaq: IMBI) is a leading interactive media company
that owns a growing portfolio of lifestyle television networks,
consumer brands and media commerce services. Its brand portfolio
spans multiple business models and product categories. Its
television brands are ShopHQ, ShopBulldogTV, ShopHQHealth and
LaVenta. Its media commerce services brands are Float Left
Interactive (floatleft.tv) and i3PL Services. Its consumer brands
include J.W. Hulme jwhulmeco.com, Christopher & Banks
christopherandbanks.com, OurGalleria.com and TheCloseOut.com.
Please visit www.imediabrands.com for more investor
information.
About RNN, Inc.RNN is a
privately held portfolio of independent broadcast assets and
production/distribution capabilities located north of New York
City. In 1993 RNN was established with a single broadcast station
in New York’s Hudson Valley, reaching less than 250,000 homes.
Over the subsequent years, RNN has grown to own the largest group
of independent broadcast stations in the United States covering
more than 28% of households within eight of the top-ten DMAs. RNN’s
total reach exceeds 86MM over-the-air population.
Safe Harbor Statement under the Private
Securities Litigation Reform Act of 1995This release
contains statements, estimates, projections, guidance or outlooks
that constitute “forward-looking” statements as defined under U.S.
federal securities laws. Generally, the words “believe,” “expect,”
“intend,” “estimate,” “anticipate,” “plan,” “project,” “should” and
similar expressions identify forward-looking statements, which
generally are not historical in nature. These statements may
contain information about our prospects, including anticipated
show, event, or product line launches, and involve risks and
uncertainties. We caution that actual results could differ
materially from those that management expects, depending on the
outcome of certain factors.
Contacts:
Media:press@imediabrands.com
(800) 938-9707
Investors:Gateway Investor
RelationsCody SlachIMBI@gatewayir.com(949) 574-3860
iMedia Brands (NASDAQ:IMBI)
Historical Stock Chart
From Mar 2024 to Apr 2024
iMedia Brands (NASDAQ:IMBI)
Historical Stock Chart
From Apr 2023 to Apr 2024