California-based Loop Media, which claims to be “the first media company focused on fully-integrated 360-degree engagement of music videos and other premium short-form content by consumers and businesses”, is to buy Spkr, an audio short-form content company.
The supplements Loop’s video offering with audio including podcasts, news, politics, pop culture and self-improvement. Spkr was founded by Andy Schuon. Loop Media was founded in 2015 and has a library of over 500,000 short-form videos. Terms not disclosed.
