Business
Cabo Verde Capital Inc. Acquires Vyre Network - the ART of STREAMING CULTURE
Cabo Verde Capital Inc. Acquires Vyre Network - the ART of STREAMING CULTURE.
About this update from Vyre Network
[{"type":"text","content":"\n LAS VEGAS, Nov. 29, 2021 (GLOBE NEWSWIRE) -- CABO VERDE CAPITAL INC. (OTC: CAPV) (the \"Company\") is pleased to announce that it has executed a Binding Letter of Intent to acquire VYRE Network (https://vyrenetwork.com) (\"VYRE\"), a free global digital distribution multi-platform service that licenses, live-streams and produces a vast catalog of exclusive content for streaming entertainment. VYRE represents a visually driven culture of Millennials and Generation X, Y, and Z's expression of the visuals that they love the most, entertaining & informative original programs, feature films, short films, music videos, live events, and more. VYRE's sole mission is to manage a global portfolio of award-winning content while bridging the gap between quality content creators and the worldwide distribution of their craft. VYRE Network's content includes movies, tv shows, episodic series and documentaries. Content is distributed through the VYRE APP to Apple TV, Roku, Amazon Fire Stick, Samsung TVs, iPhones, Androids and more. Distributed content is monetized by having pre-roll and mid-roll commercials, allowing users to always stream movies and shows completely free. VYRE Live produces and manages the Company's live-stream entertainment distributed through the VYRE APP. This pay-per-view component of the Company live-streams concerts, special events, sporting events and more. VYRE Live brings live events from around the world to the living room of its users. Vyre Studios & Productions (VSP) is the creative arm of the company that manages the creation of all original content, writing teams, content IP and licensing, and production houses, that create original content for distribution to the world, through the VYRE APP. VSP is a one-stop shop for creatives, full production, and sound stage rentals. VYRE's content is categorized by 18 niche brands that range from movies, music and live/on-demand sports. Domestic brands such as Unnecessary Humor, Vyre Living, Vyre Fam, and soon-to-be-launched Just Faith TV and Vyre Business News Global. Music brands consist of True Magazine TV (Hip-Hop,) RnB Magazine TV, MGraceland TV (Pop/EDM,) and Relax TV. International-focused channels such as It's Español (Spanish,) Vasool TV (Hindi) and soon-to-be-launched Vyre Africa, Vyre Asia, and Vyre Brazil will also be heavy with popular content fo...