HCN and Stingray Partner to Bring FREE In-Room Music Streaming to Hotel Rooms
Hotel Communications Network (HCN) can now equip hotels with 20 channels of genre-diverse, royalty-paid Stingray music streaming services via its ad-supported, AI Concierge enabled in-room tablets
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CHICAGO — Hotel Communication Network (HCN), the leading global provider of ad-supported, AI Concierge enabled in-room tablets for hotels, announces a groundbreaking partnership with Stingray, the Montreal-based global music, media, and technology company. This industry-first collaboration will bring 20 channels of genre-diverse, fully licensed music streaming to HCN's in-room tablets — delivering a new layer of entertainment to hotel guests at no cost to hoteliers.
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With this partnership, guests can now enjoy curated music playlists from Stingray directly on the HCN tablet. The player, designed for flexibility, can be minimized on the screen to allow for multitasking while listening. After every three songs, an audio ad will play—mimicking the familiar rhythm of traditional radio. The best part? All applicable licenses and royalty fees are fully covered through HCN's innovative ad-supported tablet platform, meaning no cost or additional infrastructure is required from the hotel.
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'This is a major evolution in the guest experience,' said Kevin Bidner, CEO of HCN. 'Hotels have never had a way to legally stream music in guestrooms before. By teaming up with Stingray, we're making it possible for hotels to offer high-quality, licensed music without a penny coming out of their budgets. It's a win for hotels and a win for guests.'
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Stingray's music channels span a broad range of genres—from pop and jazz to chill lounge and classical—catering to every guest's mood and preference. This exclusive feature enhances the in-room ambiance and contributes to a more personalized, comfortable stay.
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'This partnership is a natural fit,' said David Purdy, Chief Revenue Officer of Stingray. 'Our goal is to bring the best music experiences to people wherever they are — and what better place than a hotel room, where guests are looking to relax, work, or recharge. Thanks to HCN's smart, ad-supported platform, we can offer our full music experience with no royalties passed on to hotels.'
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With HCN based in Ottawa and Stingray headquartered in Montreal, this partnership marks a powerful Canadian collaboration driving innovation in hospitality tech. Together, they're setting a new standard in guest engagement and entertainment.
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About The Hotel Communication Network (HCN)
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Hotel Communication Network (HCN) is the hospitality industry's leading provider of in-room guest engagement and monetization platforms. Following its acquisition of Crave Interactive, HCN now operates the largest global network of smart hotel tablets and mobile solutions, seamlessly integrating guest services, hotel operations, and contextual media delivery. The combined platform delivers personalized digital concierge services, revenue-generating programmatic advertising, and strategic brand activations at scale. HCN supports major hotel brands across North America, Europe, and the Middle East, offering a turnkey solution that enhances the guest experience while unlocking new revenue streams for hotel operators. For more information, visit
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About Stingray
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Stingray (TSX: RAY.A; RAY.B), a global music, media, and technology company, is an industry leader in TV broadcasting, streaming, radio, business services, and advertising. Stingray provides an array of global music, digital, and advertising services to enterprise brands worldwide, including audio and video channels, 97 radio stations, subscription video-on-demand content, FAST channels, karaoke products and music apps, and in-car and on-board infotainment content. Stingray Business, a division of Stingray, provides commercial solutions in music, in-store advertising solutions, digital signage, and AI-driven consumer insights and feedback. Stingray Advertising is North America's largest retail audio advertising network, delivering digital audio messaging to more than 30,000 major retail locations. Stingray has close to 1,000 employees worldwide and reaches 540 million consumers in 160 countries. For more information, visit
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National Post
30 minutes ago
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Article content Asset Management Article content The Asset Management segment, which primarily operates through Arena Investors Group Holdings, LLC and its subsidiaries and affiliates ('Arena'), had Adjusted EBITDA loss of $6.3 million from the closing of the Strategic Transaction through June 30, 2025, inclusive of the $2.4 million reversal of incentive fees and performance allocations and $1.0 million of non-recurring professional fees related to the Strategic Transaction. Adjusted EBITDA included $10.0 million of management, servicing, and other fee revenues. AUM and Programmatic Capital 1 was $4.6 billion at June 30, 2025, compared to $3.4 billion at December 31, 2024. Fee-paying AUM was $2.7 billion at June 30, 2025 (including $0.3 billion from the Insurance segment), compared to $2.4 billion at December 31, 2024. Article content Corporate and Other Investments Activity Article content While Corporate is not considered a separate operating segment of the Company, the Corporate column of our segment reporting comprises activities of the Company that reside outside of our two operating business segments and includes the investments within the Arena FINCOs, other cash and investments that are held outside of our operating segments, compensation (including share-based compensation) for employees and directors of the company that are not included in our operating segments, and other corporate overhead expenses. 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Article content This press release should be read in conjunction with Westaim's unaudited interim consolidated financial statements (the 'Financial Statements') and management's discussion and analysis for the three and six months ended June 30, 2025 and 2024 (the 'MD&A') which were filed on SEDAR+ at These documents and the Company's Q2 2025 Investor Presentation can be found on the Company's website at Article content Non-GAAP Financial Measures Article content Westaim reports its Financial Statements using GAAP and accounting policies consistent with IFRS. Westaim uses both IFRS and non-GAAP measures to assess performance. The Company cautions readers about non-GAAP measures that do not have a standardized meaning under IFRS and are unlikely to be comparable to similar measures used by other companies. Readers are urged to review Section 15 Non-GAAP Measures in the MD&A (available on SEDAR+ at which is incorporated by reference into this news release and discloses historical figures for book value per share in respect to the three and six months ended June 30, 2025 as well as additional disclosures regarding this measure. Additionally, Adjusted EBITDA is a new non-GAAP measure that was introduced as a result of the company's previously announced strategic transaction with CC Capital that closed on April 3, 2023, as described more fully in Section 15 of the MD&A. Article content Long-Term Incentive Plan Amendments Article content Pursuant to the requirements of the TSX Venture Exchange (the ' TSXV '), the Company also today announces that it has amended its long-term equity incentive plan (the ' LTIP ') to permit awards under the LTIP to be granted to persons providing services to Ceres Life. Article content About Westaim Article content Westaim is an integrated insurance and alternative asset management company with two primary operating businesses: Ceres Life and Arena. Article content Ceres Life is a cloud-native, highly scalable, de novo annuity insurance company. Inspired by the belief that technology can reinvent the way insurance providers meet the needs of investors, Ceres Life is building a nimble, highly efficient, and risk-conscious insurance company that provides simple-to-understand and easily accessible annuity products to create better outcomes for policyholders. Ceres Life is led by Deanna Mulligan, former CEO and Chair of Guardian Life Insurance. For more information, see Article content Founded in 2015, Arena is a global institutional asset manager with deep expertise in credit and asset-oriented investments, including the full spectrum of corporate, real estate and structured finance opportunities. 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Forward-looking statements are often, but not always, identified by the use of words such as 'anticipate', 'achieve', 'could', 'believe', 'plan', 'intend', 'objective', 'continuous', 'ongoing', 'estimate', 'outlook', 'expect', 'project' and similar words, including negatives thereof, suggesting future outcomes or that certain events or conditions 'may' or 'will' occur. These statements are only predictions. Article content Forward-looking statements are based on the opinions and estimates of management of Westaim at the date the statements are made based on information then available to Westaim. Various factors and assumptions are applied in drawing conclusions or making the forecasts or projections set out in forward-looking statements including past practice of the Company. Forward-looking statements are subject to and involve a number of known and unknown, variables, risks and uncertainties, many of which are beyond the control of Westaim, which may cause Westaim's actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Article content No assurance can be given that the expectations reflected in forward-looking statements will prove to be correct. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looking statements and information contained in this news release. Additional information regarding risks and uncertainties relating to the Company's business are contained under the heading ' Risk Factors ' in its annual information form for its fiscal year ended December 31, 2024. Article content Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. Article content Article content Article content Article content Article content Article content
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