Stingray Software
Stingray Software is a company.
Financial History
Leadership Team
Key people at Stingray Software.
Frequently Asked Questions
Who founded Stingray Software?
Stingray Software was founded by Scot Wingo (CEO / Founder).
Stingray Software is a company.
Key people at Stingray Software.
Stingray Software was founded by Scot Wingo (CEO / Founder).
Key people at Stingray Software.
Stingray Software was founded by Scot Wingo (CEO / Founder).
Stingray Group Inc. (TSX: RAY.A, RAY.B) is a Montreal-based music, media, and technology company founded in 2007, specializing in curated direct-to-consumer and B2B music services such as audio television channels, radio stations, SVOD content, 4K UHD channels, karaoke products, digital signage, and in-store music.[1][2] Its Stingray Business division leads in in-store media solutions, serving 88,000 commercial establishments across Canada—including restaurants, retail, offices, and hotels—with rights-included background music, messaging, and on-screen visuals to create branded multimedia atmospheres; the company employs nearly 300 people worldwide and generates around $263 million in revenue.[1][2] As a publicly traded firm with strategic investors, Stingray focuses on music distribution, business services, and advertising, recently expanding into FAST (Free Ad-Supported Streaming TV) channels like Cozy Café and Stargaze.[2]
Stingray was founded in 2007 in Montreal by seasoned media entrepreneurs, backed by strategic investors, evolving from a music-focused startup into a global leader in media and technology.[1][2] The company's growth has centered on expanding B2B offerings, notably through Stingray Business, which delivers immersive in-store experiences, and international operations spanning the US, UK, Europe, Israel, Australia, and South Korea.[1] Key milestones include public listing on the TSX, raising $24.6 million across funding rounds, and recent innovations like new FAST channels launched in February 2025, reflecting its adaptation to streaming trends.[2]
(Note: Stingray Technology Services, a separate IT firm from a Warwick Enterprises/JSNetworks merger, is unrelated to this media company.[3])
Stingray rides the wave of digital audio transformation and FAST streaming growth, capitalizing on the shift from traditional radio to on-demand, ad-supported content amid cord-cutting trends.[2] Its timing aligns with rising demand for ambient media in commercial spaces—post-pandemic recovery boosting in-store experiences—and global streaming adoption, where B2B music enhances customer engagement in retail and hospitality.[1] Market forces like proliferating connected devices and programmatic advertising favor Stingray's rights-cleared, scalable solutions, positioning it to influence the ecosystem by bridging music tech with physical retail and expanding free-tier video distribution.[2]
Stingray is poised for continued expansion in FAST and international B2B markets, leveraging its content library to capture share in the $30B+ digital music and signage sectors. Trends like AI-curated playlists and immersive retail tech will shape its path, potentially amplifying influence through partnerships or acquisitions. As streaming evolves, Stingray's blend of music heritage and tech agility could solidify its role as a go-to for branded environments, building on its proven momentum from 88,000+ locations and recent channel launches.[1][2]