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Madison Technologies, Inc. Completes Purchase of Los Angeles TV Stations KNLA & KNET 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. The station combination, currently broadcasting over 15 different streams of content to the LA marketplace 24 hours per day/7 days per week, will be immediately accretive to Sovryn s cash flow:

Jeffreym canouseLos angelesPhilip falconeCommunications commissionMadison technologies sovryn holdings incSovryn holdings incMadison technologies incMadison technologiesDesignated market areaDisplay channelsOnline streamingFederal communications commissionNext genSovryn holdingsலாஸ் ஏஞ்சல்ஸ்பிலிப் ஃபால்கோன்