UMGP - Universal Media Announces AI-Powered Universal Streams Platform
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Universal MediaGroup Inc. (OTC: UMGP) ("UMGP"), an emerging producer anddistributor of short and long-form celebrity-based reality content, ispleased to announce the ongoing development of its new streamingplatform, “Universal Streams.” In a groundbreaking move for theentertainment industry, the tool will be a state-of-the-art AI-basedSVOD (Subscription Video on Demand) platform. The introduction of AItechnology into the realm of SVOD platforms represents a significantleap forward in the quest to enhance the user and creator'sexperience. Universal Media Group wants to use the power of AI tobridge the gap between creators and viewers.
Universal Streams isdesigned to understand and adapt to individual user preferences,providing personalized recommendations and content suggestions. Byleveraging the power of artificial intelligence, the platform aims tooffer a more tailored and engaging viewing experience for each user.It is determined to provide advanced Universal Streams Studio tools tohelp creators from ideation to distribution.
Universal Streams has acreator-focused business model and has removed many barriers creatorsface when producing and monetizing their content. We are very excitedto have teamed up with one of the industry's most innovativetechnology partners to build and support Universal Streams.
Our team has alsoexpanded to include industry professionals with decades of experience,including with Disney, MGM, Sony, and Paramount. Our expanding teamenables us to expand our reach and partner with some of the industrygiants providing added value for our productions as well as those byour independent creators. More details regarding our growingdistribution network will follow.
Currently listed on the OTC Pink Market (UMGP),Universal Media is in the process of up-listing to the OTCQB. This isin anticipation of our submittal of a listing application to theNASDAQ by the end of our 2023-2024 fiscal year. More to follow.
About Universal MediaGroup
UniversalMedia Group (UMGP) is a publicly traded Digital Media Productioncompany. Universal creates an eclectic array of content, includingnational television network celebrity programming, streaming financialnews, and opinion shows. The company will continue to pursue strategicbusiness investments, partnerships, and acquisitions that willultimately increase profitability and expand the company's reach,focus, and portfolio of business assets.
For further information, visit: https://UMGP.com
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Company Name: UniversalMedia Group
Contact Phone Number: 561.908.3333
Contact Email Address: ms@umediagroupinc.com
Address: 1199 S FederalHwy, Suite 111, Boca Raton, Fl 33432
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This release contains forward-lookingstatements within the meaning of the Private Securities LitigationReform Act of 1995. You can identify these statements as predictions,projections, or references to future events, expectations,possibilities, or similar. Forward-looking statements involve risksand uncertainties that could cause results to differ materially fromthose projected or anticipated. Although the Company believes theexpectations reflected in our forward-looking statements are based onreasonable assumptions, the Company cannot give any assurance that itsexpectations will be attained due to several variable factors. Factorsor events that could cause results to differ may emerge, and theCompany can't predict all of them. Some of these risks anduncertainties include but are not limited to general economic andbusiness conditions, effects of continued geopolitical unrest andregional conflicts, customer order patterns, changes in consumertrends, and various other factors beyond the Company’s control.Although the Company intends to provide public updates, it undertakesno obligation to publicly update any forward-looking statement,whether as a result of new information, future developments, orotherwise, except as required by law.
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