Thugmuffin
2 years ago
$MDEX Madison Technologies, Inc.’s Acquisition, Kicks Off Content Strategy for New Broadcast & Streaming Plan Streaming PlanPress Release | 06/01/2022
NEW YORK, NY / ACCESSWIRE / June 1, 2022 / Madison Technologies, Inc., (MDEX) recent announcement of the closing of its acquisition of LA based media production company Top Dog Productions, Inc. d/b/a "The Jay and Tony Show" marks Madison's initial foray into production as it green lights plans to offer unique content for it's broadcast and streaming platform.
"The Jay & Tony Show," founded by Jay Blumenfield and Tony Marsh, is an award-winning production company that has been creating and developing groundbreaking content since 2001.
The company has conceived and produced a wide variety of original and critically acclaimed television series such as The Chelsea Handler Show (E!), Gigolos (Showtime), Here Comes The Newlyweds (ABC), Restaurant Stakeout (Food Network), The American Influencer Awards (YouTube), and many others.
The Jay & Tony Show has also been a leader in digital content, having had success creating and producing podcasts, short form series, and other, out-of-the-box, new forms of storytelling.
With the acquisition of The Jay & Tony Show, development has started in the verticals with new projects centered around the brave new world and culture of the Blockchain. These projects are telling stories about Crypto, NFTs, the Metaverse, and the unique and exciting characters in this new economy.
Their Tournament of Laughs, with host Jason Sudeikis, was one of the first, fully remote shows produced. They are currently putting the finishing touches on the highly anticipated Stupid Pet Tricks for TBS, in partnership with David Letterman's Worldwide Pants.
The acquisition comes as Madison continues to build out its broadcast and streaming platform
While "The Jay & Tony Show" will continue its core business of creating and producing innovative and disruptive programming for third-party networks and platforms, it will also bring a creative team to Madison to complement Madison's broadcast and digital distribution platform - creating and aggregating unique content for distribution nationwide with the ability to reach all viewers.
"We are very excited about the acquisition as a first step of many, in a new direction for the company," said Philip Falcone, Founder and CEO of Madison Technologies, Inc.
"The acquisition represents an opportunity to create unique content for distribution and enhance value for Madison shareholders as we move forward with our plan." While Madison has not given any guidance in its history, it is anticipated that the acquisition will be accretive for the Company.
Blumenfield and Marsh will continue as Co-CEOs of the newly formed subsidiary of Madison and be responsible for all content at the entity. They will work closely with Madison's broadcast and OTT unit on content offerings for its future, yet to be announced, network launch.
Blumenfield stated, "With the additional resources of Madison technologies, we are excited to turbo-charge development, to continue delivering captivating content, and to build an unparalleled network group." "It's an exciting time for our company," Marsh added "We can't wait to see what we will all accomplish together."
About Madison Technolgies, Inc.
Madison Technologies, Inc. (Go.tv) is a television broadcast and production company building out a distribution platform to capitalize on the changing media landscape. The company's strategy is to continue with it's television station and production acquisition plan with the objective of creating one of the largest, most comprehensive, OTA content distribution platforms distributing both third party and proprietary content nationwide.
Forward-Looking Statements
Forward-looking statements and risks and uncertainties discussed in this press release may contain forward-looking statements. The words "anticipate," "believe," "estimate," "may," "intend," "expect," and similar expressions identify such forward-looking statements. Expected, actual results, performance, or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein. Forward-looking statements are subject to a number of risks and uncertainties, including but not limited to, risks and uncertainties associated with, among other things, the impact of economic, competitive, and other factors affecting our operations, markets, products, and performance. The matters discussed herein should not be construed in any way, shape, or manner of our future financial condition or stock price.
CONTACT:
Investor Relations
https://twitter.com/madisonbrands
770-235-6053
info@go.tv
Thugmuffin
2 years ago
$MDEX Madison Technologies, Inc. Acquires Renowned Production Company “top Dog Productions, Inc.”Press Release | 05/25/2022
ACQUISITION KICKS OFF CONTENT STRATEGY FOR NEW BROADCAST AND STREAMING PLAN
NEW YORK, NY / ACCESSWIRE / May 25, 2022 / Madison Technologies, Inc., (MDEX) today announced the closing of its acquisition of LA based media production company Top Dog Productions, Inc. d/b/a "The Jay and Tony Show". The acquisition marks Madison's initial foray into production as it green lights plans to offer unique content for it's broadcast and streaming platform.
"The Jay & Tony Show," founded by Jay Blumenfield and Tony Marsh, is an award-winning production company that has been creating and developing groundbreaking content since 2001. The company has conceived and produced a wide variety of original and critically acclaimed television series such as THE CHELSEA HANDLER SHOW (E!), HERE COMES THE NEWLYWEDS (ABC), RESTAURANT STAKEOUT (Food Network), TOURNAMENT OF LAUGHS (TBS), THE AMERICAN INFLUENCER AWARDS (YouTube) and many others. The acquisition comes as Madison continues to build out its broadcast and streaming platform
While "The Jay & Tony Show" will continue its core business of creating and producing innovative and disruptive programming for third-party networks and platforms, it will also bring a creative team to Madison to complement Madison's broadcast and digital distribution platform - creating and aggregating unique content for distribution nationwide with the ability to reach all viewers.
"We are very excited about the acquisition as a first step of many, in a new direction for the company," said Philip Falcone, Founder and CEO of Madison Technologies, Inc. "The acquisition represents an opportunity to create unique content for distribution and enhance value for Madison shareholders as we move forward with our plan." While Madison has not given any guidance in its history, it is anticipated that the acquisition will be accretive for the Company.
Blumenfield and Marsh, who will continue as Co-CEOs of the newly formed subsidiary of Madison, will be responsible for all content at the entity, and will work closely with Madison's broadcast and OTT unit on content offerings for it's future, yet to be announced, network launch. Blumenfield stated, "With the additional resources of Madison technologies, we are excited to turbo-charge development, to continue delivering captivating content, and to build an unparalleled network group."
"It's an exciting time for our company," Marsh added "We can't wait to see what we will all accomplish together."
About Madison Technolgies, Inc.
Madison Technologies, Inc. (Go.tv) is a television broadcast and production company building out a distribution platform to capitalize on the changing media landscape. The company's strategy is to continue with it's television station and production acquisition plan with the objective of creating one of the largest, most comprehensive, OTA content distribution platforms distributing both third party and proprietary content nationwide.
Forward-Looking Statements
Forward-looking statements and risks and uncertainties discussed in this press release may contain forward-looking statements. The words "anticipate," "believe," "estimate," "may," "intend," "expect," and similar expressions identify such forward-looking statements. Expected, actual results, performance, or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein. Forward-looking statements are subject to a number of risks and uncertainties, including but not limited to, risks and uncertainties associated with, among other things, the impact of economic, competitive, and other factors affecting our operations, markets, products, and performance. The matters discussed herein should not be construed in any way, shape, or manner of our future financial condition or stock price.
CONTACT:
Investor Relations
https://twitter.com/madisonbrands
770-235-6053
info@go.tv
ProfitScout
2 years ago
Madison Technologies, Inc. Announces the Purchase of WANN-CD, Atlanta
NEW YORK, NY / ACCESSWIRE / December 10, 2021 / Madison Technologies, Inc., (MDEX) today announced the signing of a Purchase Agreement for WANN-CD, a Class A television station in Atlanta, GA, the number 10 ranked DMA (Designated Market Area) in the nation. The acquisition adds to the already purchased stations in LA, Houston and Seattle and the signed APA ‘s in Chicago, San Diego, New York and Phoenix as well as the signed LOI's for stations in Miami, Tampa, Nashville, St. Louis, Minneapolis and Kansas City.
Madison's goal is to continue with it's acquisition strategy focusing on the top 50-100 DMA's with the objective of building out a state of the art broadcast and OTT platform. The result will be a broad, nationwide, OTA independent distribution platform to host various content providers and data transmissions of many sorts, creating not only a unique, independent platform but an alternative to the existing Cable, OTT, and Internet platforms for those seeking to expand viewership of their content.
"We continue to be very pleased with our progress and very excited about the ability to participate in an industry that is poised for change as viewing habits and new technology play a role not seen before in the broadcast industry", said Philip Falcone, Founder, and CEO of Madison Technologies, Inc. "The continued build out of our broadcast platform coupled with our recent acquisition of Los Angeles based production company "The Jay & Tony Show" puts us in a position to bring unique content to the OTA marketplace and to capitalize on these changes".
Strong Tailwinds for OTA TV and Online Streaming
Consumers have embraced cutting the cord trend and moving to broadband (Netflix, Apple, Disney) and OTA (to continue to watch the basics). OTA households alone have doubled over the last 10 years to 20MM, becoming a material part of the addressable TV universe.
As cord-cutting continues to accelerate in conjunction with other factors (e.g., censorship) affecting distribution, the need for an alternative distribution platform will accelerate, ultimately driving higher rates and higher valuation all without even factoring in the true value of the spectrum.
The OTA market represents a compelling market opportunity. With an estimated 107MM TV households in the U.S., 57.9MM households use Cable, 28.7MM use alternative or satellite dish delivery systems while 20.4MM use OTA antennas - representing 44.8MM people. As any TV set purchase comes equipped by federal law to be OTA accessible, the adoption opportunities are massive if the right offer is presented to the market that is already growing weary of the recurring costs associated with content subscriptions.
An even bigger opportunity lies in the forthcoming advent of NextGen TV. In late 2017, the Federal Communications Commission (FCC) voted to allow broadcasters to use the Next Gen TV using the new ATSC 3.0 broadcast standard on a voluntary basis. This new OTA broadcast technology offers high definition, mobile video, 4K resolution video, interactive features like polling and voting as well as e-Commerce capabilities for TV-based shopping. Sovryn's plans include leveraging these innovations and others to bring a truly modern interactive experience to consumers for free.
About Madison Technologies
Press Contact:
Investor Relations
Madison Technologies, Inc.
770-235-6053
info@go.tv
SOURCE: Madison Technologies, Inc.
View source version on accesswire.com:
https://www.accesswire.com/677026/Madison-Technologies-Inc-Announces-the-Purchase-of-WANN-CD-Atlanta
BlazingStocks
2 years ago
GO.TV currently broadcasts multiple streams of content for stations across the country as an independent distribution platform, serving as an alternative to existing cable, OTT and internet platforms. With owned stations in markets including Seattle, LA, Houston, San Diego, and signed deals to acquire stations in Chicago, Phoenix, New York, Miami, Tampa, Atlanta, Nashville, Indianapolis, Minneapolis and Kansas City, GO.TV plans to air original content in early 2022.
$MDEX
ProfitScout
2 years ago
The latest MDEX acquisition of the Jay and Tony show should please a lot of viewers and certainly help grow the company's range of exposure. MDEX management is making some very smart moves in 2021.
From the news:
The Jay & Tony Show is a prolific and award-winning production company that has been making groundbreaking content since 2001. The reputation and industry-wide relationships of The Jay & Tony Show are second to none. The company has created and produced a wide variety of original, lucrative, and critically acclaimed television series such as The Chelsea Handler Show (E!), Here Comes The Newlyweds (ABC), Restaurant Stakeout (Food Network), Tournament of Laughs (TBS), The American Influencer Awards (YouTube), and many others. The Jay & Tony Show is also known as best-in-class creators in the edgy premium space, having created and produced such long-running series as Gigolos, Sex with Sunny Megatron, andFamily Business.
BlazingStocks
2 years ago
With owned stations in markets including Seattle, LA, Houston, San Diego, and signed deals to acquire stations in Chicago, Phoenix, New York, Miami, Tampa, Atlanta, Nashville, Indianapolis, Minneapolis and Kansas City, GO.TV plans to air original content in early 2022.
$MDEX
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