News Hub | News Direct

Global investors back fintech KTrade - the ‘Robinhood’ of Pakistan

Stockwood Strategy

Leading Pakistani fintech stock trading app KTrade today announced it has raised $4.5m in a funding round from a range of global investors and institutions led by Hong Kong-based TTB Partners, and HOF Capital from New York. German fintech investor Christian Angermayer, the Managing Partner of German bank Berenberg David Mortlock, and leading Pakistani business families also participated in the round. KTrade is the fintech retail trading app created by KASB Securities, the leading stock brokerage in Pakistan. KTrade provides easy access to financial markets for retail investors much like its global peers such as XP in Brazil, Zerodha and Groww in India, Tiger in China, Flatex in Germany and Robinhood in the US. Since launching in 2019, KTrade has over 200,000 users and aims to reach 10 million Pakistani’s at home and abroad by 2023 to invest in stocks, bonds, commodities and mutual funds through its mobile platform. The Karachi Stock Exchange Index (KSE100) has rallied by 19% per annum over the past 20 years despite regular market cycles. The volumes have increased by 7x over the last 18 months driven by regulatory reforms and increase in retail investor participation. Retail investors now account for over 65% of overall trading volume compared to around 45% 24 months ago. KTrade aims to provide users quick and easy accessibility to this investment opportunity. Ali Farid led the creation of KTrade. He was previously the CFO of UK listed fintech company SafeCharge (acquired by Nuvei) and a Partner at Autonomous Research (acquired by Alliance Bernstein) in London. Ali is a Rhodes Scholar and has been a top ranked Technology Analyst in Europe since 2013. Ali Farid, Co-founder of KTrade commented: “People in Pakistan have traditionally turned to gold or real estate when they consider investment options. However, as the regulatory approach, authority and credibility of the Karachi Stock Exchange has grown, more people are getting comfortable with stock market investing. This is an exciting trend but accessibility to these markets remains a hurdle for millions. KTrade will enable this mobile-first population to participate in the investment opportunity. By connecting these people to companies we can drive capital trapped in unproductive assets into the formal economy which would eventually drive a virtuous cycle of economic growth and higher investments”. Pakistan is emerging on the radar of global investors as the next Indonesia. A large, young and growing middle class and high smartphone penetration have created ideal conditions for technology led disruption. KASB’s aim is to provide retail savers access to financial education, information and financial products and to help them make better financial decisions. “Most people in Pakistan lack access to formal financial products and their savings in real estate or gold offer inferior returns, are inefficient and have high transactional costs. We aim to democratise access to the capital markets and enable them to make stock market investments. The strong demand for KTrade shows that the market is ready for this transformation. Other regional and emerging markets have seen similar evolution led by successful fintech companies” added Ali Farid. “Pakistan and South Asia have some of the most exciting market dynamics and demographics globally, and KTrade is well positioned to take advantage of the democratisation of finance in the region” said Jonathan Bond, Managing Partner TTB Partners who were lead investors in the funding round. “We are delighted to be investing in the latest round of funding for KASB, and to support Ali and his first-class team on their continued journey. We have been extremely impressed by what KASB has built over the past few years, both from a tech perspective and from the educational overlay to investing, which the company has embraced. In particular, we believe that in KTrade, the company has a stellar solution to expanding stock market participation across Pakistan” added Jonathan Bond. About KASB Securities KASB is the leading stock brokerage in Pakistan. It is a member of the Pakistan Stock Exchange and Pakistan Mercantile Exchange and regulated by the Securities and Exchange Commission of Pakistan. KASB’s mission is to democratise investments by giving people in Pakistan easy access to financial information, education and products. It operates KASB Varsity, an online MOOC, and KTrade, the leading stock trading application in Pakistan. KASB’s goal is to channel capital to financial markets by broadening the breadth of the capital markets. Further information visit: https://kasb.com or follow the company on LinkedIn, Facebook, Twitter or Instagram and through YouTube. Contact Details Stockwood Strategy Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://kasb.com/ktrade/

June 07, 2021 07:00 AM Eastern Daylight Time

Image

NEW YORK INDIAN FILM FESTIVAL | JUNE 4-13 2021

Indo-American Arts Council

Contact Details Suman Gollamudi suman.gn@iaac.us Company Website https://iaac.us/

June 05, 2021 03:15 PM Eastern Daylight Time

Image

Exclusive “Awesome” First Look at THE LEGO® MOVIE™ WORLD

YourUpdateTV

YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology – Now that LEGOLAND ® California Resort is back open after being closed for 13 months, the family theme park in Carlsbad, CA, is excited to announce the opening of THE LEGO ® MOVIE™ WORLD. Recently, LEGOLAND ® California Senior Media Relations Manager, Jake Gonzales, and Head of Public Relations at Merlin Entertainment, Julie Estrada, teamed up to share an exclusive first look at the new attraction and provide tips on what to know before planning your next trip. A video accompanying this announcement is available at: https://youtu.be/etg50475M_s THE LEGO ® MOVIE™ WORLD will drop visitors into the quirky, frenetic and manic world of Emmet Brickowski, Wyldstyle, UniKitty and Benny the Spaceman from “THE LEGO® Movie™” film franchise. Attractions include: Emmet’s Flying Adventure - This new flying theater ride is the biggest new attraction in THE LEGO ® MOVIE™ WORLD! Join Master Builders on a triple decker flying couch, as cutting-edge technology transports you all over THE LEGO ® MOVIE™ universe. Surrounded by a full-dome virtual screen, you'll feel like you're flying through a world created completely from LEGO bricks! UniKitty’s Disco Drop - This all-new drop tower ride will take you through a rainbow-filled journey based on Unikitty and her many moods. Swoop to the tiptop of Cloud Cuckoo Land, then drop, spin and bounce back down to earth in sync with Unikitty’s wide range of emotions! Benny’s Play-Ship - Benny’s spaceship has landed right in the middle of Bricksburg! Play on this space-themed playground structure and get ready for takeoff! In addition to the new rides and attractions, guests can choose from a host of food and beverage options in THE LEGO® MOVIE™ WORLD. Enjoy delicious homemade ramen, rice bowls and salads in the land's premiere restaurant, Everything is Ramen! After something sweet? You're sure to be satisfied by Cloud Cuckoo Crepes. Finally, Benny’s Rocket Fuel offers a selection of drinks and snacks, including ice cream, popcorn, and slushies. To learn more and to book your next visit, check out Legoland.com About Jake Gonzales: As a father of two girls and an avid traveler, Jake Gonzales is always looking for the best family travel tips to save money and make the most memorable experiences possible for his family. Gonzales is a Carlsbad native who represents LEGOLAND ® California Resort as an on-camera spokesperson providing his expertise on all the interactive activities, services and events the 22-year-old Resort has to offer. About Julie Estrada: Julie Estrada came to LEGOLAND ® California in 2003 after more than 13 years in broadcast news. A mom of two and world traveler, she currently is Head of Public Relations North America, Merlin Entertainments which owns more than 130 attractions globally and is the second largest attractions operator in the world. About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

June 02, 2021 04:00 PM Eastern Daylight Time

Video

LambdaTest rallies global investors raising US$16m Series B funding as it rapidly scales

Stockwood Strategy

Cloud-based browser testing platform LambdaTest today announced it has secured US$16 million in Series B funding led by Sequoia Capital India. Telstra Ventures, MENA region investor Wamda Capital and a leading sovereign wealth fund also joined the series B round. Founded in 2017 by Asad Khan and Jay Singh, San Francisco-based LambdaTest is a cloud-based testing infrastructure company that allows users to seamlessly test their websites’ and apps’ look, feel and performance on over 2,000 different browsers and by operating systems and device combinations. The proliferation of devices and browsers has made it increasingly complex for developers to test their websites and apps. LambdaTest solves this problem by enabling developers to run a variety of tests through their cloud-based platform, spotlight concerns, share immediately with teams and remedy issues quickly. LambdaTest exists to support the developer community to identify defects in code much earlier in the release cycle. These defects present one of the biggest challenges and costs facing businesses. Indeed, the cost of fixing these defects once in production and release is 30x higher than addressing earlier in the development cycle. Since its launch, LambdaTest has attracted over 500,000 developers in 132 countries who have performed more than 20 million tests. Customers include SMEs and Fortune 500 companies such as Xerox, Cisco, Microsoft, Deloitte, Media.net, Coca Cola, Trepp, SurveyMonkey, Capgemini, HBR, 23andme and Dashlane. Asad Khan, CEO of LambdaTest commented: “Companies are increasingly competing on customer experience 1 and as such are releasing software updates faster, more frequently to remain relevant. In doing so, there is a greater demand for continuous testing to ensure quality releases in the production environment. In just six short months since the series A round in 2020, LambdaTest has doubled revenues and increased customer numbers by 20%. In that time headcount has doubled in size from 70 people pre-Series A to 150 today across the engineering, sales, and customer success teams. Harshjit Sethi, Principal at Sequoia India commented: “As every company is becoming a software company and deployment cycles are shrinking, testing is becoming an increasingly important part of the software development cycle. Additionally testing is now happening earlier and earlier in the development cycle as part of the ‘Shift Left’ movement that companies like LambdaTest are enabling. Operating in a USD 35 billion market for testing software and services, LambdaTest has emerged as the go-to platform for its users in browser testing, evident from its best-in-class ratings across review sites. Sequoia Capital India is excited to continue partnering with the LambdaTest team as they execute on their vision of building an end-to-end testing system for developers to enable companies to release more reliable software faster.” The number of software tests run by developers has almost doubled from 12m to over 20m in six months at LambdaTest. As developers shift to cloud-based testing, this number will grow exponentially. This trend has been accelerated by the adoption of the Shift Left approach, as more developers are testing code early before they ship to the testing cycles. “LambdaTest’s vision is to empower 23 million developers and testers worldwide with a powerful, comprehensive and secure continuous quality test platform. Our upcoming product lines will enable tech teams to ship high quality code seamlessly boosting their release velocity” added Asad Khan. Steve Schmidt, General Partner at Telstra Ventures commented: “We have an opportunity to build a very large scale and independent testing company with a modern approach to software development and that’s very exciting. Lambdatest has already signed several customers in Australia without having any local presence and we look forward to helping them build out a local APAC team to meet this demand”. The funding advances LambdaTest’s commitment to scaling the testing ecosystem and building next-generation cloud infrastructure for users. To this end, LambdaTest is broadening its reach with the tester community by engaging with developers as it launches a suite of products in 2021 designed for them to perform tests on scale. “We’ve had an exciting period of growth and there is more to come as we expand our platform capabilities and go deeper in global markets. This funding round validates our efforts in building a robust cloud testing platform that is truly resonating with the testing and developer community globally. We pride ourselves in delivering a highly reliable, stable and secure infrastructure for them to achieve success. This success is born out in the numbers as our customers have been able to increase release velocity by over 60% and half the time to market” concluded Asad Khan. About LambdaTest LambdaTest is a cloud testing infrastructure company that allows users to run both manual and automated tests on their websites and webapps across 2000+ different browsers, browser versions and operating system environments. The platform has been used to perform over 20 million tests in just three years, and is now being used by over 500,000 users across 132 different countries. Contact Details LambdaTest Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.theeditldn.com/

June 02, 2021 05:00 AM Eastern Daylight Time

Image

Jennifer Lang Financial Services Launches Nationwide Retirement Planning Campaign.

Jennifer Lang Financial Services, LLC

Contact Details Jennifer Lang Financial Services, LLC. Jennifer Lang +1 877-487-8926 mail@jenniferlangfinancialservices.com Company Website https://www.jenniferlangfinancialservices.com

June 01, 2021 10:05 AM Eastern Daylight Time

Video

British online store The Edit LDN transforms prized sneaker industry as sales soar

Stockwood Strategy

The UK’s leading online store for limited edition sneakers and high end streetwear The Edit Man London has become The Edit LDN. The name change reflects the rapidly growing female appeal for new and pre-loved sneakers and streetwear as sales grow 60% month-on-month in the last 12 months. The Edit LDN is an online consignment store that sells new and pre-loved goods from a variety of brands including Yeezy, Jordan, Louis Vuitton, Dior, Off-White, Supreme, Fear of God among others to a wide community of fashionistas, collectors and investors. Just as premium sites like Farfetch address the fashion world, The Edit LDN is the leading destination for limited edition sneakers and high end streetwear. They connect premium resellers with a highly engaged, price agnostic and eager audience. Through partnerships with styling services such as Thread.com and various concierge companies, THE EDIT LDN has expanded its community of buyers from TV and film celebrities to professional footballers and royal families around the world. Moses Rashid, founder and CEO of The Edit LDN commented: “As a brand we want to remain current and relevant to our community, our new name now fairly represents and embraces our diverse community but is true to its origins. We dropped the ‘Man’ from the name simply because the number of women buying had been steadily increasing since launch in January 2020 and passed 50% in March this year. It was the right thing to do.” The Edit LDN has established itself as a trusted source of authenticated and high quality new and pre-loved streetwear and sneakers. Their unabating focus on speed (to deliver purchased goods), customer service engagement and ensuring all goods are authenticated has been testament to the growth of the platform and community. “We set out to create a destination that opens up and levels up the opportunity for anyone wishing to own extremely limited edition goods. Essentially we make Inaccessible, accessible. Previous means to buy these goods have been riddled with issues such as sending payments to random resellers found on social media, authenticity issues when buying online and long delivery times on purchases from global marketplaces. The Edit LDN addresses all these concerns and is transforming the customer experience and industry simultaneously, added Moses ”. In 2021 (to April), The Edit LDN attracted more traffic, transactions and revenue than in their first year of trading (2020). With 60% month-on-month growth and mounting interest, the business is set to take-off. “We’re regularly selling sneakers and streetwear worth £1,500 each. Recently, we sold a Gucci TNF jacket for £9,200. It’s not only the variety of goods we offer but the speed at which we send purchases. Just last year we managed to source and sell 44 Playstation 5 games consoles to the England U21 football team within 24 hours, literally dispatching them in Ubers to their homes” said Moses. Looking ahead, Moses added: “This is a marketplace worth $6b a year globally and will grow 5x by 2030. By the end of this year, The Edit LDN will be worth £10m and given the hyper growth rate of our sales and revenues, we will 3x our valuation by the end of 2022 for sure. In meeting the needs of this rapid scaling, we will seek to raise funds this year to propel us as we launch in new markets”. The Edit LDN has its community and social conscious front of mind. They have raised funds and awareness against gun crime, mental health and sustainability issues. In 2020, the company collaborated with the artist McCrow as part of the One Less Gun campaign to create a sneaker with bullet shells from an AK-47 rifle. Working with Gary James McQueen in aid of MIND mental health charity, they raised funds with an exclusive T-shirt drop featuring the famous McQueen Vanitas skull. In owning their sustainability agenda, they turned their focus to the circular economy by selling pre-owned (or pre-loved) goods through the platform. In addition to this, they are a paperless company and only ship products using recycled packaging. “At the heart of The Edit LDN proposition is a focus on social and economic issues. These are matters that are important to us and our community, so we recognise that we’re in a super hot market right now so we want to use our platform to make a long lasting impact where possible” concluded Moses. About The Edit LDN Founded in 2020, The Edit LDN has quickly become the UK’s leading online consignment store for limited edition sneakers and high end streetwear, both new and pre-loved items. Their innovative platform connects premium resellers to a global audience offering a deluxe experience from discovery, packaging and delivery. Brands include Jordan, Yeezy, Louis Vuitton, Dior, Off-White, Supreme, Fear of God among others. The platform is fast becoming synonymous with speed of service, authenticity, diverse selection of secure payment methods, and first class customer service. The Edit LDN is the leading destination for resellers and their premium sneakers and streetwear. Through partnerships with styling services such as Thread.com and various concierge companies, The Edit LDN has a community of buyers celebrities to professional footballers and royal families around the world. Contact Details The Edit LDN Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.theeditldn.com/

May 27, 2021 05:00 AM Eastern Daylight Time

Image

MYBUNDLE.TV EXPANDS STREAMING VIDEO MARKETPLACE PLATFORM WITH LAUNCH OF ‘PROFILES’ FOR BROADBAND PROVIDER PARTNER NETWORK

MyBundle.TV

MyBundle.TV, the premier online platform connecting consumers, streaming services, and broadband partners with tools to simplify streaming television, expanded its broadband provider solutions with the launch of “Profiles,” a personalized interactive streaming TV guide for consumers in MyBundle.TV’s broadband provider network. MyBundle.TV currently has more than 30 broadband partners totaling more than 5.7 million customers, including industry leaders CenturyLink, WOW!, MetroNet and EPB. Introducing MyBundle.TV’s Find My Bundle and Streaming Marketplace The addition of Profiles is an extension of MyBundle.TV’s industry-leading “ Find My Bundle ” tool. Find My Bundle is an easy-to-use, free service that connects consumers with personalized, money saving streaming TV alternatives to traditional pay-TV packages. MyBundle.TV also offers Find My Bundle as a customized, white-labeled experience for broadband providers, helping broadband-first companies win new and retain existing high-speed data (HSD) subscribers by making it easy for consumers to get their traditional TV content through smaller streaming bundles. Profiles adds a level of personalization and interactivity to the MyBundle.TV powered “Streaming Marketplace,” a showcase for the more than 150 streaming services available through MyBundle.TV, where HSD customers can explore and sign up quickly for these services through an easy-to-use virtual video store. Now, in addition to finding new streaming services, consumers can search for and discover new TV shows and movies, identify them on their favorite streaming apps, create watchlists and more. “MyBundle.TV is a trusted resource for broadband providers looking to help their customers navigate the streaming TV world,” said Jason Cohen, Co-Founder and CEO of MyBundle.TV. “Now, in addition to helping broadband partners increase conversion of new customers and retain existing subscribers, our new Profiles offers easy-to-use tools their entire customer base can utilize to simplify streaming, save money and increase overall satisfaction.” "WOW!'s partnership with MyBundle.TV is helping our customers navigate and transition to the exciting world of streaming TV," said Roger Seiken, senior vice president of video programming for WOW!. "With our broadband-first strategy, we provide our customers with numerous video options and MyBundle.TV’s integrated discovery and recommendations tools and marketplace makes it easy for them to find and enjoy the content they're most passionate about and stream it using WOW!'s fast and reliable high-speed data network." Cohen continued, “The media ecosystem is changing rapidly, and with so many streaming services available, the marketplace is overwhelming for even the most tech-savvy consumer. Ultimately, the consumer wins from all the choice available, but we know they need some help. By bringing together consumers, leading broadband providers and streaming services, MyBundle.TV has created a symbiotic ecosystem for all three constituencies.” MyBundle.TV Profiles Features Access to a personalized streaming content hub where they can discover and locate content from across all their streaming apps in one easy to use destination The ability to receive tailored Movie and TV Show recommendations, as well as suggestions for new Streaming Apps, based on their viewing habits and interests A way to plan what they want to watch and monitor what they’re currently watching with custom Watchlists What to Watch Next - A social feature that generates a list of binge-worthy shows from across their apps and interests that their friends can vote on A means to easily track and manage their streaming expenses About MyBundle.TV MyBundle.TV offers the industry-leading consumer and enterprise platform simplifying streaming TV. MyBundle.TV’s free and easy-to-use tools help consumers cut the cord, discover new streaming services and find content to watch across their services. Incorporating more than 150 streaming services and partnering with more than 30 broadband providers serving 5.7 million customers and growing, the MyBundle.TV platform helps consumers navigate the streaming video world and enables new growth opportunities for programmers and high-speed data distributors alike. Contact Details ICR for MyBundle.TV Eric Becker +1 303-638-3469 eric.becker@icrinc.com Company Website https://www.mybundle.tv

May 26, 2021 09:02 AM Eastern Daylight Time

Image

Sports Betting Social Platform Betsperts Acquires Fantasy Life App

Betsperts

Today, Betsperts, the leading crowdsourced sports betting social media platform, announced the acquisition of Fantasy Life App, a platform dedicated to providing the fastest breaking news, updates and advice to give bettors and fantasy players a competitive edge, in an all stock transaction. The new entity will be renamed Betsperts Media and Technology Group, Inc. and form the largest social media platform dedicated to sports betting and fantasy sports worldwide. The acquisition will double the headcount of Betsperts. Fantasy Life App co-founder and ESPN fantasy sports expert, Matthew Berry will stay on with Betsperts as a board member and a significant minority shareholder of the company. Founded in 2018, by co-founders Reid Rooney and Austin Harper, Betsperts was created to allow users to share information, content and resources to create a more informed and stronger betting community. Following the closing of the acquisition, Betsperts is actively raising a multi-million Series A funding round. The round will be used to fund growth strategies including talent, adding more content and user acquisition while also making significant advancements in technology. The company is currently projecting revenue of more than 20x its 2020 full year results. “The future of sports betting is stronger social connectivity between bettors and we are leading the way in building the destinations for communities,” said Reid Rooney, CEO of Betsperts. “The acquisition of Fantasy Life App is a major stepping stone in providing our loyal users with advanced capabilities where they’ll be able to not just interact within the community but utilize Betsperts to grow, fortify and effectively monetize their sports betting following much like how influencers leverage other social media platforms.” With more than 10,000,000+ monthly visits across their properties during the 2020 football season, Betsperts Media & Technology Group will utilize content and technology from the two apps to enhance capabilities and drive deeper user engagement. Sports bettors and fantasy players will receive the fastest news alerts, information and social capabilities on the market. “Community and the social fabric of gaming has been a huge part of my life and career. I write about it extensively and it's what led to the creation of the Fantasy Life App for fantasy and DFS players. When I saw what Reid and Austin had built with the Betsperts community I was really impressed. They've done for sports betting what we have done for fantasy - used advanced technology to create a robust and highly engaged community,” said Matthew Berry. “The companies are a perfect complement to each other and as gaming in all forms keeps growing in America, I know that bettors and fantasy players alike will continue to look to Betsperts and the Fantasy Life Apps for more ways to interact, educate and entertain themselves.” Berry will be joining a Betsperts board that also includes David VanEgmond, ex-Barstool Sports and FanDuel executive and current founder & CEO of Bettor Capital. Investors in the new Betsperts entity include Parlay Capital Holdings, Velo Partners, MLB players Evan Longoria, Adam Wainwright and David Price, NBA All Star Richard Jefferson, NASCAR driver Kyle Busch, Grammy winner Darius Rucker, entrepreneur and Atlanta Hawks owner Jesse Itzler and Eric Norlin of SK Ventures. For more information on Betsperts, please visit Betsperts.com. ABOUT BETSPERTS Founded in 2018 by co-founders and entrepreneurs Reid Rooney and Austin Harper, Betsperts is the leading crowdsourced sports betting social media platform created to allow users to share information, content and resources to create a more informed and stronger betting community. ABOUT FANTASY LIFE APP Fantasy Life App is a mobile sports community created to level the playing field for the fantasy sports player and sports bettor. Fantasy Life enables members to post, poll other players, get the fastest alerts, and chat about sports—providing an advantage for those depending on real-time information for sports betting and fantasy leagues. Contact Details Betsperts Mike Adorno +1 212-931-6143 madorno@hotpaperlantern.com Company Website https://www.betsperts.com/content/0

May 26, 2021 09:01 AM Eastern Daylight Time

DistroTV Diversifies Content to Cater to Growing Audience with New Channel Additions

DistroTV

DistroTV is a natural extension to DistroScale’s expertise in video platforms and advertising space. DistroTV provides brands the opportunity to build a direct-to-consumer relationship with DistroScale and its network partners. Since its launch in 2019, DistroTV has taken note and delivered on the demand for growth concerning its breadth of content and global audience figures. In the last six months, viewership quadrupled and total watch time multiplied eight times over. The streaming platform continues to focus on building a robust global network that delivers news, entertainment, music, sports, and lifestyle programming to international audiences. To become a part of this international audience, visit https://www.distro.tv or install DistroTV on Roku, Amazon Fire TV, Apple TV, iOS or Android. At a time when content consumption across streaming TV services is at an all-time high, DistroTV, the largest, independent, free, ad-supported streaming TV (FAST) platform, sets its sights on diversifying its content offerings to its rapidly growing global audience. The streaming service today introduces a number of new live streaming channels to its lineup in the pop culture, news, sports, and entertainment realms. DistroTV operates under parent company DistroScale and caters its growing, multicultural content lineup to a wide range of passionate viewers in the US, Canada, and the UK. “We are living in a time in which there is a pressing need for content diversification, as viewers across the globe continue to look toward streaming services to fulfill their knowledge and entertainment needs,” said Navdeep Saini, co-founder and CEO of DistroScale, parent company of DistroTV. “We remain committed to expanding our content offerings as our viewership grows. The ultimate goal is to continue to deliver content to our viewers that matches their unique interests and passions.” DistroTV continues to partner with innovative content creators and brands as it expands its own content platform. The streaming services recently added the following channels to its lineup, catering to a diverse and multicultural audience: News/Business Bloomberg Quicktake (Channel #270): Bloomberg Quicktake is a global streaming and social video network for a new generation of leaders and professionals, covering the biggest stories across business, technology, climate, culture, politics, society and personal finance. Bloomberg TV (Channel #277): Bloomberg Television delivers global business and markets news, data, analysis, and video to the world. Law & Crime (Channel #169): From the high-profile cases to the most compelling local trials, Law&Crime features daily trial coverage from around the country along with expert legal commentary and analysis. Original legal and true crime programs include Brian Ross Investigates, Law&Crime Daily, Prime Crime and Trial File. Republic World TV (Channel #283): Republic TV is India's most watched English news channel. It has nationalism at its core, the pursuit of truth as its guiding principle and imbibes the fearlessness to investigate, dig out and broadcast that truth in order to fix accountability for a billion. Seeped in hard-hitting opinion and wound with interactive news content and formats, Republic World follows the principle of breaking the news and breaking the silence. Sports XFC TV (Channel #275): Home of the XFC FightWorld Network. The premier MMA and combat sports television network. Pro Football Focus (Channel #300): Pro Football Focus analyzes every player and every play of every game to deliver our exclusive player grades, performance stats, and rankings for the NFL, college, and fantasy football. Strongman Champions League (Channel #290): The Strongman Champions League is the premiere and largest international Strongman competition. It is a strongman competition circuit, with several Grand Prix events throughout the year and the Strongman Champions League overall champion title going to the overall winner at the end of the season. Wired2fishTV (Channel #272): Features the best content from the biggest names and personalities in fishing. Lifestyle Fuse Backstage (Channel #279): Fuse Backstage is where artists come to play. Superstars and emerging talent light up this collection of music bios, performances, interviews, news, docs, reality shows, films and specials. For music enthusiasts and fans of cutting-edge stories, Fuse Backstage is oversized and overstuffed with legendary artists and fresh new talent. NOSEY (Channel #282): America’s most successful Daytime Television shows including Jerry Springer, Maury Povich, Trisha Goddard and the ALL NEW/ALL NOSEY Judge Mom and Judge Dad. Tune in to the Springer “circus” and Maury’s “You Are the Father!” REAL NOSEY (Channel #283): America’s offenders are confronted and the truth will be discovered. With Steve Wilkos, Divorce Court, Judge Jerry and State Parole, Real Nosey pulls no punches and gets to the truth. Real Nosey brings real people, real drama and real consequences right to your living room. Shop LC (Channel #277): Shop LC, the fastest growing video shopping network in America, offering the lowest prices and greatest value guaranteed. From designer jewelry, watches, beauty products, fashionable apparel, handbags, under $10-day, great gifts, accessories… and so much more!! Plus, every item sold provides a meal to a child in need, through the Your Purchase Feeds program. Shop LC, Delivering Joy 24/7/365. Us Weekly (Channel #274): Us Weekly TV features all-new series that provide breaking celebrity news, unique insights and exclusive interviews with today’s biggest stars as well as including the most intriguing celebrities taking part in a number of fun and revealing Us Weekly games, and the hottest reality TV scoops. Wapp TV (Channel #285): Wapp TV is the first media ecosystem in Chile and Latin America, whose purpose is to contribute to a cultural change that allows us to have a more open and friendly community. ZoomerTV (Channel #273): A Boomer's guide to living well. News, movies, music, plus talks and tips from the world's most influential people on health and wellness, money, technology, travel, and sex and relationships. Entertainment Horror Machine (Channel #278): Behold the granddaddy of all horror channels...not even the dybbuk box has the fear injecting power of Horror Machine! Horror Machine will keep you glued to the screen and curl your toes with serial killers, super psychos, zombies, werewolves, kung fu assassins and more! JOURNY, powered by Ovation (On Demand): JOURNY is the only channel at the intersection of travel, art, and culture! Watch curated content focused on immersive experiences and unique storytelling. Ovation’s Mystery Alley (On Demand): Ovation’s Mystery Alley is your destination for all-things mystery and crime. Enjoy suspenseful ‘whodunnits’ with an international flair. Operation Repo (Channel #259): Take a look inside the fast-paced, high pressure world of car repossession with a team of highly trained professionals from California’s San Fernando Valley. Pinoy Box Office (Channel #256): Pinoy Box Office (PBO) brings you the most popular movies, TV series and stars direct from the Philippines! Sightline (Channel #253): The single largest collection of Military + History programming - Human tales that inspire. Stories that entertain. News that educates. Intel that informs. DistroTV has built a solid core programming lineup of popular mainstream film and television channels, including Reelz, Law&Crime, Qello Concerts by Stingray, Magellan TV, People TV, and TD Ameritrade, among others. Additionally, DistroTV has responded to the growing need of diversity among its independent channels focus on some of the following: Kweli TV, which spotlights the rich history and global diversity of the Black community; Canela TV, featuring Spanish programming; Latido Music, the leading channel for Latin music; BritAsia Live for British Asians around the globe; Filmeraa, short-form movies and television in Indian and Korean; Venus TV, which features popular Bollywood movies, culture, and more. The FAST platform also is beginning to enter a new category, in which it offers shows, such as Operation Repo and World’s Strongest Man, as standalone channels. About DistroTV DistroTV is the largest, independent, free, ad-supported streaming television service on the market. Launched in 2019 by parent company DistroScale, the platform caters to a multicultural, rapidly expanding, globally-minded audience of passionate viewers in the US, Canada, and UK. Satisfying the growing demand for premium video content in multiple languages, DistroTV delivers premium video content from producers globally across North America, the UK, Bollywood, Latin America, China, Southeast Asia, and growing. With more than 150 channels plus thousands of Video on Demand (VOD) shows, DistroTV cultivates content that covers a broad spectrum of topics to connect with peopleâs passion points around Entertainment, Lifestyle, Sports, News, Documentaries and International Content in live, linear and video-on-demand formats. DistroTV is available on the web, as well as through Roku, Amazon Fire TV, Apple TV, and iOS and Android devices. About DistroScale DistroTV is the first direct-to-consumer offering from DistroScale, a technology company founded in 2013 and known for providing a global clientele of thousands of media properties with the industryâs most comprehensive video platform for web, apps, and streaming. DistroScale is an all-in-one solution providing infrastructure, content delivery, curation, analytics and a full suite of monetization options. Video enabled by DistroScale reaches more than 250 million visitors per month. The company is headquartered in San Francisco, CA. To become a DistroTV viewer, visit www.distro.tv. More information on DistroScale & DistroTV is available at www.distroscale.com. Contact Details Mackenzie Gavel +1 631-739-5716 mackenzie@kitehillpr.com Company Website https://www.distro.tv

May 26, 2021 09:00 AM Eastern Daylight Time