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: