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DRiP Haus Acquires Vault Music, Solana’s Limited-Edition Music Platform

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By joining forces, DRiP becomes the defacto home for on-chain music on Solana

AUSTIN, Texas, July 1, 2024 /PRNewswire/ — Solana-based creator platform DRiP is thrilled to announce the acquisition of Vault Music, the limited-edition music platform on the Solana blockchain. By joining forces, DRiP will enhance its experience for musicians and on-chain music collectors in the Solana ecosystem.

All Vault Music drops and users will transition to the DRiP platform, in alignment with the upcoming release of DRiP’s mobile app, which will expand the types of content and experiences available to the creator platform’s users.

“Vault was our first music partner on DRiP,” says CEO Vibhu Norby. “They did a phenomenal job harboring musicians from outside of the existing ecosystem, and we’re excited to help them continue that effort.”

Founded in November 2021 by the co-founders of FanDuel, Vault Music allows artists to create exclusive, limited-edition music releases. Vault released over 100 music drops a year from breakout artists like FLETCHER, Kids That Fly, Caroline Rose, AKTHESAVIOR, Naika, BLÜ EYES, and many more. By joining the DRiP ecosystem, all of Vault’s artists and fans will now release and enjoy on-chain music via DRiP’s forthcoming mobile app.

“We’re incredibly proud of the tools and community we’ve built to help independent artists sustain their careers directly with their own fanbases,” says Vault Music CEO Kara Burney. “DRiP shares our belief that web3 technology can be used thoughtfully to create true ownership and new royalty models that did not previously exist for artists. Ultimately, this is a win for our community, who believed that on-chain music could make a sustainable difference in the livelihoods of artists, and improve fan experiences in the process. We believe wholeheartedly in DRiP’s vision to transform the creator economy, and we are grateful to be a part of their ongoing investments to serve the music industry.”

DRiP will release its tier-1 mobile app on Android and iOS later this summer, according to Vibhu Norby, founder and CEO of DRiP Labs. The mobile app, currently in alpha testing, will feature a natively embedded wallet automatically created for the user, as well as highly requested music-specific features, significantly easing the onboarding process for non-crypto music fans.

DRiP has already established a strong foundation in the music vertical, including onboarding both web3 and mainstream artists, such as Jason Derulo and Waka Flocka Flame. DRiP also plans to expand the types of content and experiences available to creators, including news, video, and podcasts on the platform. These will be directly accessible in the app and can also be viewed in compatible wallets like Phantom.

Vault Music, known for its unique rare music DSP model, allows artists to create exclusive, limited-edition music releases. Co-founded by the creators of FanDuel, Vault Music’s format hyper-rewards top fans and creates a new revenue stream for artists. Music releases on Vault Music are limited — the artist decides the price and scarcity — allowing only a few fans to access each release. Fans can choose to hold their collection or resell it on the Vault Music secondary market. Unlike secondary markets for physical vinyl, which don’t benefit artists, Vault Music artists receive royalties every time a music release is resold, creating a perpetual revenue stream.

For more information, please contact:
Kara Burney
kara@vault.fan
210-912-2475

About DRiP

DRiP is the leading creator platform on the Solana blockchain that allows artists and creators to distribute digital works, such as art and music, to their followers. With a focus on mainstream-friendly user experience, DRiP is expanding the types of content and experiences available to creators, including news, video, and podcasts.

About Vault Music

Vault Music is a groundbreaking music platform that allows artists to create exclusive, limited-edition music releases. Co-founded by the creators of FanDuel, Vault Music provides a unique format that rewards top fans and creates new revenue streams for artists, ensuring artists benefit from every resold release.

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SOURCE Vault Music

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TNL Mediagene Publicly Announces Its Company Snapshot Presentation Including Preliminary FY2024 Revenue and Adjusted EBITDA Guidance

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NEW YORK and TOKYO, April 22, 2025 /PRNewswire/ — TNL Mediagene (Nasdaq: TNMG), a Tokyo-based next-generation digital media and data group in Asia, today publicly filed its Company Snapshot presentation highlighting key aspects of its business including preliminary 2024 Revenue and Adjusted EBITDA Guidance:

30%+ Year-on-Year Revenue Growth in FY2024: The group achieved a revenue increase of more than 30% year-over-year. Revenue growth was driven by diversification into tech- and data-powered products, including retail media networks, new strategic data partnerships, as well as innovative content, resulting in increased user engagement, especially in short-form video formats.

Operating Earnings in FY2024: TNL Mediagene is cost efficient and adjusted operating results are expected to be at or near adjusted EBITDA profitability excluding extraordinary items, including one-time DeSPAC and public-company expenses, and one-time transaction-related impairment losses.

Strong Stable of Media Brands: The group operates five content categories including News & Business, B2B Media, Technology, Lifestyle & Food, Sports & Entertainment.

Large Prestigious Customer Base: 850+ advertisers have used TNL Mediagene’s platform include Tier-1 multinational, Fortune 500 companies and large Asian companies. Customers are global and regional, as well as diversified across sectors.

45 Million Monthly Unique Users* : TNL Mediagene’s reach is among the largest of major Asian media companies and comparable to some major US media outlets.

* Monthly Unique Users refers the average monthly unique users of the group’s owned sites and accounts on social platforms (YouTube + TikTok) based on the group’s data for the twelve months ended March 31, 2025.

Founder-Led, Supported by Experienced Public Company Board of Directors: Co-founders Joey Chung and Motoko Imada serve as CEO and COO. First-rate international board includes directors with senior operational, advisory and director roles at companies including Yahoo!, Wall Street Journal, NBC Universal, SBI Financial, BCG and Reapra.

Track Record of Successful M&A Transactions : TNL Mediagene operates a disciplined and successful M&A roll-up strategy and maintains an active pipeline of potential future M&A opportunities.

Attractive Valuation vs. Reference Comparables: TNL Mediagene is currently trading at an EV/Revenue discount to reference median multiples of 2.8x in AdTech and 6.2x in Digital & Social Media.

Co-Founder & CEO Joey Chung said “We are proud of our heritage and our journey over the years and excited about what’s next, as we focus on building the largest pan-Asia, multi-language, multi-market, digital media, technology and data analytics group. Completing our public listing was a meaningful milestone and we now turn our attention toward introducing ourselves and our business to the global investor community.”

Co-Founder & President Motoko Imada said “We have been a pioneer in digital media in Japan and Taiwan over the years. The fusion of content and technology has expanded the potential of the media business. With the funds raised through our IPO, we will leverage our expertise in advertising and content commerce to acquire and integrate new media and technology companies through M&A, with the goal of becoming one of the largest media, tech and data companies in Asia. “

About TNL Mediagene

Headquartered in Tokyo, TNL Mediagene was formed in May 2023 through the merger of Taiwan’s The News Lens Co. and Japan’s Mediagene Inc., two of the region’s leading independent digital media groups. The company’s operations span original and licensed media brands in Japanese, Chinese, and English, covering topics such as news, business, technology, science, food, sports, and lifestyle. It also offers AI-driven advertising services, marketing technology platforms, e-commerce, and innovative solutions tailored to the needs of advertising agencies. Known for its political neutrality, appeal to younger audiences, and high-quality content, TNL Mediagene has approximately 500 employees across Asia, with offices in Japan, Taiwan, and Hong Kong.

https://www.tnlmediagene.com/

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are based on beliefs and assumptions and on information currently available to TNL Mediagene. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing,” “target,” “seek” or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements contain these words. Any statements that refer to expectations, projections or other characterizations of future events or circumstances, including strategies or plans, are also forward-looking statements. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by these forward-looking statements. Forward-looking statements in this communication or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for TNL Mediagene to predict these events or how they may affect TNL Mediagene. In addition, risks and uncertainties are described in TNL Mediagene’s filings with the Securities and Exchange Commission. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. TNL Mediagene cannot assure you that the forward-looking statements in this communication will prove to be accurate. There may be additional risks that TNL Mediagene presently does not know or that TNL Mediagene currently does not believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by TNL Mediagene, its directors, officers or employees or any other person. Except as required by applicable law, TNL Mediagene does not have any duty to, and does not intend to, update or revise the forward-looking statements in this communication or elsewhere after the date of this communication. You should, therefore, not rely on these forward-looking statements as representing the views of TNL Mediagene as of any date subsequent to the date of this communication.

Use of Non-IFRS Financial Measures

In this press release we have included adjusted EBITDA, a non-IFRS financial measure, which is a key measure used by our management and board of directors in evaluating our operating performance.

Adjusted EBITDA is our preferred metric for profitability because we believe it facilitates operating performance comparisons on a period-to-period basis and excludes items that we do not consider to be indicative of our core operating performance.

We define adjusted EBITDA as profit (loss) for the period excluding depreciation expenses and amortization expenses as well as extraordinary items associated with one-time events and transactions, such as one-time transaction-related expenses not eligible for capitalization and one-time transaction-related impairment losses.

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SOURCE TNL Mediagene

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VERSABANK’S 2025 ANNUAL MEETING ON APRIL 24 TO BE LIVESTREAMED FROM NASDAQ MARKETSITE IN NEW YORK CITY / BANK TO RING NASDAQ CLOSING BELL APRIL 25

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LONDON, ON, April 22, 2025 /CNW/ – VersaBank (the “Bank”) (TSX: VBNK) (NASDAQ: VBNK) today announced its upcoming annual meeting of shareholders (the “Meeting”) will be held at the VersaBank Innovation Centre of Excellence, 1979 Otter Place, London, Ontario on Thursday, April 24, 2025 at 10:30 a.m. and will be livestreamed from the Nasdaq MarketSite in New York City.  The link to the Live Webcast will be available on the Bank’s website here:  Events & Presentations – VersaBank.

VersaBank to Ring Nasdaq Closing Bell on Friday, April 25 at 4:00 p.m. ET

The Bank also announced that David Taylor, Founder, President and Chief Executive Officer, VersaBank, and Tel Matrundola, President, VersaBank USA, will ring the Nasdaq Stock Market Closing Bell on Friday, April 25, 2025 at 4:00 p.m. ET. A livestream of the Closing Bell ceremony will be available at: https://www.nasdaq.com/marketsite/bell-ringing-ceremony.  Photos, videos and behind the scenes content, will be available via Nasdaq’s social media channels:

http://x.com/nasdaqexchangehttp://instagram.com/nasdaqhttp://facebook.com/nasdaq.

About VersaBank

VersaBank is a North American bank with a difference.  Federally chartered in both Canada and the US, VersaBank has a branchless, digital, business-to-business model based on its proprietary state-of-the-art technology that enables it to profitably address underserved segments of the banking industry in a significantly risk mitigated manner. Because VersaBank obtains substantially all of its deposits and undertakes the majority of its funding electronically through financial intermediary partners, it benefits from significant operating leverage that drives efficiency and return on common equity.  In August 2024, VersaBank launched its unique Receivable Purchase Program funding solution for point-of-sale finance companies, which has been highly successful in Canada for nearly 15 years, to the underserved multi-trillion-dollar US market.  VersaBank also owns Washington, DC-based DRT Cyber Inc., a North America leader in the provision of cyber security services to address the rapidly growing volume of cyber threats challenging financial institutions, multi-national corporations and government entities.  Through its wholly owned subsidiary, Digital Meteor Inc. (“Digital Meteor”), VersaBank owns proprietary intellectual property and technology to enable the next generation of digital assets for the banking and financial community, including the Bank’s revolutionary Digital Deposit Receipts (“DDRs”).

VersaBank’s Common Shares trade on the Toronto Stock Exchange and NASDAQ under the symbol VBNK.

Visit our website at:  www.versabank.com
Follow VersaBank on Facebook, Instagram, LinkedIn and X.

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SOURCE VersaBank

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Therap Enhances Case Note Module with New Billing Unit Features for Streamlined Documentation

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TORRINGTON, Conn., April 22, 2025 /PRNewswire/ — Therap Services, the key provider of HIPAA-compliant electronic documentation solutions for organizations and agencies in Long-Term Services and Supports (LTSS), Home and Community-Based Services (HCBS), and broader human services sectors, has introduced updates to the Case Note module that will streamline documentation and billing for provider agencies. These new features are designed to improve the ease and accuracy of tracking service delivery, benefiting providers by simplifying their workflows and supporting better billing practices.

Key Benefits of the New Enhancements:

Efficient Billing Integration: With the new Billing Unit(s) feature, providers can easily mark case notes as billable and track service delivery accurately. This ensures that agencies can streamline their billing processes.
 Streamlined Billing Process: With the new Billing Unit(s) column and improved search features, billing information is now more accessible and organized. After service delivery, billing can be generated quickly, ensuring a smoother financial process for agencies.
 Better Visibility and Guidance: Users now have clear, easy-to-understand guidance built into the system. Helpful messages prompt them when certain fields are important for billing, which ensure compliance and help avoid confusion during documentation.
 Seamless Integration for Better Care Coordination: These updates support improved coordination across care teams by making it easier to track the services delivered, how they are billed, and the necessary documentation in one place. This not only saves time but also supports more personalized and responsive care.

By enhancing the Case Note module, Therap is empowering provider agencies to work more efficiently, improve billing accuracy, and streamline operational processes. These updates will help agencies focus more on providing quality care while saving time and resources.

Learn More

To explore how Therap’s Care Plan module can enhance service delivery, visit: https://www.therapservices.net/products/comprehensive-electronic-health-records-for-service-providers/

About Therap Services 

Therap’s comprehensive and HIPAA-compliant software is used in human services settings for documentation, communication, reporting, EVV and billing.

Learn more at:

https://www.therapservices.net/

View original content:https://www.prnewswire.com/news-releases/therap-enhances-case-note-module-with-new-billing-unit-features-for-streamlined-documentation-302434685.html

SOURCE Therap Services

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