Frankly drew down $1 million of the additional $1.5 million of credit available under its August 31, 2016 credit agreement with Raycom Media, bringing the total outstanding loan balance under the credit agreement to $15.5 million.
Frankly has an integrated software platform for media companies to create, distribute, analyze and monetize their content across digital properties on web, mobile and TV. Its customers include NBC, ABC, CBS and FOX affiliates.
