Stingray Digit Sv (TSE:RAY.A) has released an update.
Stingray, a global music and media company, has partnered with independent broadcasters to urge the Canadian government for support, seeking funding allocation and tax incentives to bolster the local radio industry. They are advocating for a budget commitment that designates 70% of government advertising to local media and a tax credit to encourage private advertising with Canadian media. These actions aim to sustain local radio’s crucial role in Canadian culture and public safety during emergencies.
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