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. “Our team is acquiring stations with the objective of building out a national footprint to provide compelling content to viewers, all of which will deliver strong value and returns for all stakeholders.”

As previously announced, Go.TV purchased two Class A television broadcast stations in Los Angeles, the number 2 ranked DMA (Designated Market Area) in the nation, has FCC approval for the acquisition of KVVV-Houston and KYMU-Seattle and has LOI’s for a number of other top 30 DMA stations. The two stations, (KNLA-CD and KNET-CD) currently broadcasting over 15 different streams of content to the LA marketplace 24 hours per day/7 days per week.

Go.TV expects to ultimately grow the station base to 100 TV stations nationwide through additional acquisitions targeting the top 100 DMA’s, covering 75-80% of the population of the United States. 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.