Frontera Group (OTCMKTS:FRTG) Stock In Focus After Recent Development

Frontera Group (OTCMKTS:FRTG) is a technology-focused strategic acquirer of revenue-generating companies and intellectual property, in the technology and human capital markets. It is actively engaged in developing and executing an aggressive, four-tier acquisition and implementation strategy. This move is intended to provide significant increases in profitability to its acquisitions in industries that possess traditionally low and stagnant EBITDA multiples. Several revenue-generating targets have been identified already, which the company is pursuing.

Market Stats

On Tuesday, FRTG stock ended flat at $0.0250 with 3.8K shares, compared to its average volume of 20K shares. The stock moved within a range of $0.0250 – 0.0250 after opening trading at $0.0250.

Frontera Group Announces AI Powered Live Streaming Solution

Frontera Group, Inc. made an announcement on July 5, 2022, about launching its Mixie AI 2.0 powered live video broadcasting solution. It will be aimed at automated broadcasting applications. The company recently acquired Intellimedia’s Mixie suite of solutions that has equipped them with a state-of-the-art mix of media technology, learning and training platforms, and event broadcasting technologies.

The Cricket AI Tata Open Tournament and ISSF Shooting World Championship used Intellimedia’s Mixie AI 2.0 solutions. The purpose was to automate and simplify the capture, analysis, discovery, and broadcast of both events. The resulting professional broadcast quality and considerable cost reduction have been an eye-opener for both organizations to stage and broadcast future events.

Using AI-enabled technologies in broadcasting will allow the broadcast of several sports events, at a fraction of the expenses associated with large-team production. Many sports categories that were previously classified as the second tier, can now don a professional look. Moreover, the utilization of multiple camera angles keeps fans engaged in the live experience. A better broadcast experience means improved monetization opportunities while supporting the teams and leagues in growing respective fan bases.

Andrew De Luna, the interim CEO of Frontera Group, states that these AI-enabled broadcasting solutions will help engage viewers to utilize automated professional-grade broadcasting and analytic techniques that compete with manual production consisting of multiple cameras and production crews. It will help to substantially minimize costs, without compromising on professional quality production.

Thanks to the recent acquisition of Intellimedia Networks, Frontera is now positioned as a premium provider of technology solutions that disrupt existing applications in broadcast, training, and event broadcasting. It solidifies its stand as a company at the technology forefront of a new wave of immersive and engaging technologies that continue to redefine applications.

Key Quote

“Our AI-powered broadcasting solutions will keep viewers engaged utilizing automated professional-grade broadcasting and analytic techniques that compete with manual production consisting of multiple cameras and production crews. The result for our broadcast customers will be a significant cost reduction while maintaining professional quality production,” said Andrew De Luna, interim CEO of Frontera Group. Frontera’s recent acquisition of Intellimedia Networks continues to position Frontera as a prime provider of technology solutions that disrupt existing applications in broadcast, training, and event broadcasting.