04-08-2025
Stingray Acquires The Singing Machine Company to Bolster its In-Car Karaoke Offering with Integrated Microphones
MONTREAL, Aug. 04, 2025 (GLOBE NEWSWIRE) — Stingray Group (TSX: RAY. A; RAY.B), an industry leader in music and video content distribution, business services, and advertising solutions, today announced it has acquired the assets of The Singing Machine Company, the worldwide leader in consumer karaoke products and hardware, cementing its leadership in the global karaoke market. This acquisition builds on a successful long-term partnership between the two companies and solidifies Stingray's position in the karaoke industry by integrating a beloved hardware brand into its extensive portfolio of multi-platform music services.
The deal involves the acquisition of The Singing Machine's global home karaoke business, including all associated intellectual property, customer, supplier contracts and inventory. A key focus will be the growth of innovative microphone solutions for the in-car entertainment market.