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Sabio Holdings ( (TSE:SBIO) ) has issued an update.
Sabio’s Creator TV has formed a partnership with Los Angeles-based media and venture studio Convergence to develop creator-led programming for television. The collaboration will span multiple genres, including sports and lifestyle, aiming to translate the authenticity and momentum of social media creators into long-form TV content.
Under the deal, Convergence will produce series that will stream on Creator TV both on demand and via free ad-supported streaming television channels. The move underscores Sabio’s effort to strengthen its footprint in the creator-driven entertainment ecosystem and expand distribution for creator-led shows across platforms such as TCLtv+, Xumo Play, Amazon Fire TV Channels, Sling Freestream, Plex, and LiveTVx.
The most recent analyst rating on (TSE:SBIO) stock is a Buy with a C$0.80 price target. To see the full list of analyst forecasts on Sabio Holdings stock, see the TSE:SBIO Stock Forecast page.
More about Sabio Holdings
Sabio Holdings is a technology and services company focused on the fast-growing ad-supported streaming sector. Its cloud-based, end-to-end technology stack serves major global brands and agencies, combining proprietary ad-serving technology, the non-cookie-based App Science analytics platform, and Creator Television, a creator-led streaming network and content studio that adapts social media-style storytelling for TV audiences.
Average Trading Volume: 24,542
Technical Sentiment Signal: Sell
Current Market Cap: C$23.5M
For an in-depth examination of SBIO stock, go to TipRanks’ Overview page.