Musicaster Stingray casting wide net for growth

By Perry Hoffman

TORONTO - Having 100% of the Canadian TV music channel market makes it very hard for Stingray Digital Group to grow domestically – so the company has been pursuing international expansion in a number of countries. The United States and Latin America are the top two markets in which the company would like to get a stronger foothold, according to company founder and CEO Eric Boyko.During a presentation to BMO Capital Markets’ annual Telecommunications and Media investors conference Tuesday (the first conference Stingray has participated in since it went public in June), he said the U.S. is the number one...