The acquisition kicks off the development of Sovryn's free-to-consumer OTA video broadcast platform NEW YORK, NY / ACCESSWIRE / June 8, 2021 / Madison Technologies, Inc. d/b/a Sovryn Holdings, (OTCQB:MDEX) today announced the purchase of a Class A television broadcast station in Houston, the number 8 ranked DMA (Designated Market Area) in the nation. Sovryn's acquisition, filed in June with the FCC, was for a Class A broadcast license, KVVV in Houston from TVue Associates, Inc. The station, currently broadcasting over 10 different streams of content to the Houston marketplace 24 hours per day/7 days per week, will be immediately accretive to Sovryn's cash flow: KVVV-LD, using Display Channels 15.1-15.10 This purchase is the second acquisition of a planned series of similar top DMA television broadcast station acquisitions by Sovryn with another 7 stations currently in the pipeline and a plan to further expand the portfolio to 30 stations within the next 12-14 mos.

Madison Technologies, Inc. Completes Purchase of TV Station KVVV, Houston

Transformation of Madison Technologies Begins With New Name NEW YORK, NY / ACCESSWIRE / May 20, 2021 / Madison Technologies, Inc. (OTCQB:MDEX), announced today that it is changing its name to Go.TV, Inc. to better reflect the company's future mission, vision and overall strategy. "Our new name, Go.TV, will unify our brand and demonstrate our purpose to offer free over-the-air television content to capitalize on the continual cord cutting as people move away from cable TV," said Philip Falcone, Go.TV, Inc's founder and CEO.

Madison Technologies Inc To Change Name to Go.TV

The acquisition kicks off the development of Sovryn.tv's free-to-consumer OTA video broadcast platform NEW YORK, NY / ACCESSWIRE / April 28, 2021 / Madison Technologies, Inc. d/b/a Sovryn.TV, (OTCQB:MDEX) today announced the purchase of Class A television broadcast stations in Los Angeles, the number 2 ranked DMA (Designated Market Area) in the nation. Sovryn's $10 million acquisition, filed in February with the FCC, was for two Class A broadcast licenses, KNLA-CD and KNET-CD in Los Angeles from NRJ TV III.

Madison Technologies, Inc. Completes Purchase of Los Angeles TV Stations KNLA & KNET

Madison Technologies Inc. focuses on the development of broadcast over-the-air (OTA) video content distribution platform in the United States. Its programs would include entertainment, shopping, weather, and sports, as well as religious networks and networks targeting select ethnic groups. The company was formerly known as Madison Explorations, Inc. and changed its name to Madison Technologies Inc. in March 2015. The company was incorporated in 1998 and is based in New York, New York.