Stingray Digital Group Inc. - a business-to-business multiplatform music solutions provider - has opened its regional headquarters in Singapore.
The move follows the company's recent acquisitions of television channel iConcerts and Digital Music Distribution PTY in Australia.
"I cannot overstate the importance of the Asia Pacific region to our global development plan," said Eric Boyko, President, Co-founder and CEO of Stingray. "By 2020, Pay-TV subscriptions in the region will experience double-digit growth, making a permanent Stingray presence essential to propelling our current momentum."
The current CEO of iConcerts, Mathieu Sibille, will head the Singapore office and act as the Managing Director for Asia Pacific. Sibille will lead the local operations, develop the company's growth through strategic partnerships, and liaise with stakeholders of music industry from Tokyo to Sydney.
"We could not have selected a better location than Singapore, a hub of creativity and technology, to grow Stingray's operations in the region," said Mathieu Sibille, General Manager of Stingray in APAC. "Singapore's strategic location will allow us to respond in a flexible and reactive way to our current and future clients' needs. The new Stingray office will serve as a major centre for our clients and will serve a key role in customer support, sales, and development."
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