SOURCE: Trace

TRACE

June 08, 2017 13:22 ET

Global Urban Entertainment Brand and Media Powerhouse TRACE Enters the U.S. Market

Expanding from over 160 countries around the world, TRACE to deliver urban content for U.S. cable, over the top, and digital providers

NEW YORK, NY--(Marketwired - June 08, 2017) - TRACE (www.trace.company), the international urban media company announces its expansion into the US market launching a joint-venture, TRACE USA, LLC with key American media shareholders. Since its initial launch in the US and UK 20 years ago as a niche print magazine, TRACE has become a leading global afro-urban media company. To date, TRACE operates 30 digital and mobile services, 21 paid TV channels, 7 FM radio stations, and develops and produces premium content and syndication activities reaching 59M paid TV subscribers and over 200M viewers, listeners and mobile users across 160 countries worldwide.

As part of its launch, TRACE is leading its foray in the US with an innovative streaming platform, TRACE Play (www.traceplay.tv), which delivers subscribers the best in urban music and content from the US and around the globe, including 2,000 hours of on-demand programming, 30 digital radio stations, 9 live TV feeds, and the soon-to-be launched TRACE Prime TV network.

TRACE USA is majority owned by African-American media experts and content creators who bring their knowledge of the US entertainment industry and significant social influence. Among the US shareholders and advisors are long time TRACE supporters Wyclef Jean joined by FUBU TV founder and FUBU co-founder, J Alexander Martin, JKD Entertainment's Karlie Lewis and Dora Din Whittley, and TV and movie producers, Rob Marriott (Xango Republic) and Tonya Lewis Lee (Tonik Productions).

"After building the undisputed leading destination for afro-urban music and entertainment in Africa, France, the Caribbean and Indian Ocean, we are honored to be part of this US venture with great partners. TRACE has a unique editorial approach, socially connected and rooted at the intersection of American hip-hop culture, Afrobeat movement, and Caribbean sounds. This resonates particularly well with the millions of US-based diasporas of African descent and multicultural fans of urban culture," declares Olivier Laouchez, the TRACE co-founder, group chairman and CEO, who acquired the TRACE brand and magazine in 2003 with a group of investors led by Goldman Sachs New York.

Leading TRACE's introduction in the U.S. is media veteran, John Pasmore, who for many years partnered with Russell Simmons on the media venture, Oneworld, which recognized early on the international appeal of urban culture. Pasmore's rich portfolio and experience spans across content, digital, cable, interactive, print, IPTV and mobile.

"TRACE is the only media company that has successfully connected urban youth and communities of color around the world while respecting their identities. Entering the US market, we want to reach influential young, afro-urban consumers with innovative content that's important to them, and culturally relevant in their daily lives. Our users and subscribers will find a voice that is unique and authentic with TRACE," says Pasmore. "Thanks to our linear and digital platforms, they can engage based on their personal preference, or can lean-back and let TRACE curate an experience for them. Either way, TRACE is leading a diverse cultural movement that has been growing in the US, in Africa, in Europe, and around the world. We will now make sure that the TRACE experience is available everywhere in the US including major cable operators that are looking for new, appealing, and viable minority-owned independent networks."

For more information about TRACE, please visit www.trace.company.

Get TRACE Play service on: www.traceplay.tv, or on the App Store and Android Stores.

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