Nice news coming out from MDEX lately including the announcement last week for another acquisition to directly enter the exciting field of television programming production. Lots of new opportunities here.
From the news on October 20th:
Madison Technologies, Inc., (OTCQB:MDEX) today announced a binding deal to acquire the production company "The Jay & Tony Show." The acquisition marks Madison's initial foray into television production as it greenlights plans to offer unique content for its OTA broadcast platform, GO.TV.
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.
"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 TV station base with the goal of ultimately expanding to 100 TV stations nationwide.
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 GO.TV's OTA distribution - creating and aggregating unique content for distribution nationwide with the ability to reach all viewers.
