Press Releases

Cabo Verde Capital Inc. Acquires Vyre Network

Written by 29 November, 2021

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 for those particular regions.

VYRE Network was created by David Hill and Lamar Seay in 2019.

Background on the Creators of VYRE Network

David Hill has been in media and marketing for over 23 years. He has become a sought after strategist in marketing, business development, media and is a connector in the entertainment space. He initially acquired his passion for working in entertainment at a young age and is recognized for promoting a variety of events early on in his career.

From his early days in event promotion, he turned to his focus to media and marketing with the creation of his first magazine in 1997, True Magazine. Mr. Hill's media company has grown over the years to include four national magazines and leading him to work with Kanye West, Jay-Z, Swedish House Mafia, Rihanna, Travis Barker, Justin Timberlake and top brands like Absolut Vodka, True Religion, Ed Hardy, Red Bull, to name a few. Through David's media and marketing experience he took on the role to publish and revamp the National Space Society's national magazine Ad Astra.

In addition to Mr. Hill's business ventures, he spends a great deal of time volunteering, providing resources, and consulting the Thinkwatts Foundation, an organization founded in 2018 in Watts, California, that focuses on food insecurities, financial literacy, environmental justice, workforce development, health, and sports programming for underserved communities.

Under Mr. Hill's consulting leadership, Thinkwatts Foundation has been able to provide food boxes to over 100,000+ underserved residents, financial literacy to hundreds, improve the water quality in the Watts community, and refurbished and built over 16 basketball courts, a soccer court, and fitness gym free for all community residents.

Lamar Seay is a visionary, leader, entrepreneur, connector, producer, and industry executive who holds a passion for creating what's next. He is one who is known for staying "ahead of the curve," along with his awareness, analytical skills, and forward thinking.

Mr. Seay began his career as an accountant in the United States Marine Corps, where he managed finances for several squadrons in the air wing, where he oversaw the AP/AR for helicopters, equipment, and supplies.

His film industry career began in 2006 as a consultant and co-writer on the independent film "The City is Mine," which obtained global distribution. In those early days he subcontracted to companies such as MySpace Inc., The Hollywood Reporter, Nielsen, and various law offices throughout L.A. In 2011, he became a journalist at the #3 digital Hip-Hop magazine, True Magazine, where he ultimately rose to Chief Editor. He has produced: television shows for multiple media outlets, interviews with major music artists, stand-up comedy series, and over a dozen magazine issues. He has had key roles in music artist campaigns, film festivals, music concerts and more.

Lamar has been instrumental in team and company building within Vyre Network by utilizing his skill of recognizing and discovering talent from executive, administrative, and project-driven standpoints. Mr. Seay has also developed a great number of key relationships, brand partnerships, and content acquisition deals that are a major component in where the company is today.

Deal Terms

The Company will acquire the entire VYRE Network entity, which includes, but not limited to, all content, Vyre Network channels, VYRE Live, VYRE Studios & Productions, VYRE's Intellectual Property, all streaming licenses, any proprietary technology currently in use, and all existing contracts. The Company will issue 286,208,000 restricted common shares of the Company in exchange for the outstanding shares of VYRE Network. The Parties have agreed that details of this transaction will be finalized in a Definitive Agreement, which is to be completed on or before December 10, 2021. Upon execution of the Definitive Agreement, the Company will apply for a name and symbol change to reflect the VYRE name.

Also, on signing of the Definitive Agreement, David Hill will be appointed President of Cabo Verde Capital, replacing John Duggan, and Lamar Seay will become the Chief Operating Officer. John Duggan will remain an independent Director of the Company and Chairman of the Audit Committee.

As compensation for its exclusive M&A Advisory services in connection with this transaction, as well as its ongoing business development consulting work, Twilight Capital Inc. will be issued 35 million Series A Convertible Preferred Shares of the Company.

Last modified on Monday, 29 November 2021 15:00

Discovery+ To Premiere 'My Dream Kitchen: Giada De Laurentiis' & 'My Dream Kitchen: Carla Hall'

Written by 26 November, 2021
discovery+ is rolling out two new specials, My Dream Kitchen: Giada De Laurentiis and My Dream Kitchen: Carla Hall, documenting the ideation, design, and challenges as Food Network stars, Giada De Laurentiis and Carla Hall, pursue building the kitchens of their dreams. In a home, the kitchen is a place where meals are crafted and served, and where family and friends come together; for premier chefs and prolific food media stars achieving the perfect kitchen takes on a whole new meaning to meet the expectations and desires of those whose personal and professional lives center around cooking, whose careers have seen them in kitchens around the country and around the world, and for whom the kitchen must serve even more purposes including as a workplace and a production studio. In My Dream Kitchen, viewers can follow along every step of their respective journeys on the path to their ultimate dream kitchen, hearing directly from both Carla and Giada on their vision, their goals, and even their frustrations, as the road to completion zigs, zags and periodically gets extended due to delays beyond their control.  My Dream Kitchen: Giada De Laurentiis and My Dream Kitchen: Carla Hall will both premiere Saturday, December 18th only on discovery+.

“Kitchen renovations are fodder for addictive voyeurism,” said Courtney White, President, Food Network and Food Streaming Content, Discovery Inc. “And a chef’s home kitchen renovation is particularly fascinating. Giada and Carla allowed our cameras to document every detail— from the glorious to the painful. These renovation journeys end with spectacular results but the road to each finish was so dramatic.”

Giada De Laurentiis grew up in a big Italian family where everything revolved around food, and as a professional chef, she has spent more than twenty years cooking in kitchens all over the world. Now, for the first time, the Food Network star, cookbook author and restaurateur has the opportunity to build her own kitchen from the ground up as she renovates the Mid Century house in Los Angeles that she purchased for her forever home. Giada sets out to create a warm, intimate and cozy space where the kitchen is the heart of the home, custom designed to her cooking needs and specifications, with features and details that make cooking even more fun, and with a special outdoor addition that is a fitting tribute to her Italian heritage. But bringing this vision to reality is filled with unexpected twists and turns as bold design choices come to life, and construction delays and supply chain issues conspire to delay the culmination of this dream!

Chef Carla Hall has lived in her Washington, DC home for over twenty years. She grew into adulthood and built her success in this house, and now she shares it with her husband, Matthew. Despite having two kitchens, Carla doesn’t have the space she needs to cook privately, professionally, or on camera. Finally, she is rewarding herself by building the kitchen of her dreams, but like a tricky recipe, it’s not always as easy as it seems. Differing tastes from Matthew, having to move out during construction, endless delays, and a very lengthy renovation push the project, and Carla’s patience, to its limits. In the end, will the extended wait and costly frustrations be worth it? Will Carla get the chef’s kitchen she has dreamed of?    

My Dream Kitchen: Carla Hall is produced by Balthazar Entertainment and My Dream Kitchen: Giada De Laurentiis is produced by Linguine Pictures. 

SOURCE: Food Network
 
Last modified on Saturday, 27 November 2021 23:58

South Korean Series 'The Silent Sea' To Premiere December 24th On Netflix

Written by 22 November, 2021

Netflix has confirmed the December 24th release and has disclosed the teaser poster for The Silent Sea. Set in the year 2075 when depletion of natural resources has devastated Earth, this Netflix Series tells the story of an elite team sent on a special mission to an abandoned research base on the moon.

The poster for The Silent Sea, unveiled for its Christmas Eve launch to the moon, depicts Song Jian (Bae Doona), an astrobiologist who has just set foot on the moon. She is a member of an elite team sent to the moon to save Earth from ruin with its depletion of natural resources. This lone figure on the moon, still an infinitely mysterious place that remains an uncharted territory for humans, piques our curiosity in this story of exploration and prepares the ground for the question, “What happened at an abandoned Korean research base?” While looking for clues to save Earth, team members become mired in mysterious predicaments and unforeseen events that occur in outer space. Their fates hanging by a thread will keep viewers on the edge of their seats.

The Silent Sea is a series based on director Choi Hang-yong’s short film by the same name, which received much acclaim at the 13th Mise-en-scène Short Film Festival in 2014. Actor Jung Woo-sung was enthralled by this story that Choi has been crafting over a decade. “I loved the spectacular ideas behind the story. I wanted to be involved in creating a sci-fi series that is uniquely Korean,” Jung said. His participation in the production of the series has garnered much attention from early on. Also joining the creative process of this intriguing story of exploration is writer Park Eun-kyo, who received Best Screenplay awards at the Korean Association of Film Critics Awards for Mother and at the Blue Dragon Awards for Crush And Blush. A juggernaut cast — consisting of Bae Doona, Gong Yoo, Lee Joon and others — portrays the elite team members who risk their lives to participate in a special mission. With the synergy and the intense suspense they create, the sci-fi thriller The Silent Sea will surely become the grand finale to the year 2021 for Korean films and series.

The Silent Sea will be released worldwide on December 24th, only on Netflix.

Production Information

Title: The Silent Sea

Directed by: Choi Hang-yong

Written by: Park Eun-kyo

Starring: Bae Doona, Gong Yoo, Lee Joon, Kim Sun-young, Lee Mu-saeng, Lee Sung-wook et al.

Distributed by: Netflix

Produced by: Artist Studio

Last modified on Monday, 22 November 2021 21:34

IMDb TV Launches The Bob Ross Channel

Written by 22 November, 2021

Cinedigm (NASDAQ: CIDM), the leading independent streaming company super-serving enthusiast fan bases, announced today that The Bob Ross Channel, the popular streaming channel featuring the beloved artist, has launched on IMDb TV, Amazon’s free streaming service. The wildly popular Bob Ross Channel is now available on all major FAST/AVOD platforms.

Launched in 2020, The Bob Ross Channel, which airs the iconic Bob Ross series The Joy of Painting, has reinvigorated the public’s admiration for the kindhearted painter and his calm positivity. During its 31 seasons, the much-loved public television series won three Emmy awards. In the decades following the taping of the show’s final episode, Ross has become a refreshing cultural icon. His soothing voice and lasting connection to his audience continue to cultivate a fan base across the world.

“Many of us have grown up with Bob Ross, and even though we never knew him, he was a part of our life,” said Jennifer Soltesz, Vice President, Business Development & Strategy at Cinedigm. “I think now, more than ever, we could all use the happiness and calmness he exudes in our lives. Through launching The Bob Ross Channel on IMDb TV, we are proud to have introduced Bob Ross to a whole new generation of viewers across all major streaming platforms.”  

An innovator in the digital transformation of the entertainment industry for more than two decades, Cinedigm’s core mission is to entertain the world by building the world’s best portfolio of enthusiast channels and services for the streaming generation. Through a diverse mix of premium SVOD services and dedicated AVOD and FAST channels, Cinedigm’s streaming portfolio reaches indie film (Fandor), horror (Screambox & Bloody Disgusting) and family entertainment (Dove Channel), as well as dedicated channels for iconic entertainers, led by Bob Ross (The Bob Ross Channel). Cinedigm’s ultimate goal is to build destinations that immerse viewers in content they love while staying at the forefront of technology as the streaming industry continues to evolve.  

SOURCE: IMDb TV

 

Last modified on Monday, 22 November 2021 11:03

AccuWeather Network Completes Agreement With National Cable Television Cooperative

Written by 18 November, 2021

AccuWeather, the proven leader in weather forecast accuracy, announced a multi-year distribution agreement with the National Cable Television Cooperative (NCTC), meeting an increasing demand for weather and climate news and content on cable television and providing an affordable choice for member operators seeking diverse weather coverage, life-saving weather news, and forecasts for all locations.

NCTC member operators will now have access to another source for weather-related news, from the award-winning AccuWeather Network. This offering brings trusted Superior Accuracy™ to audiences 24/7 with continuous daily programming, dedicated to all things weather, including extreme and natural events, global forecasts, climate and weather-related news impacting our changing world and long-form and short-form documentaries, available only from the AccuWeather Network. 

“We are thrilled the AccuWeather Network will now be available to more than 700 independent cable operators within the NCTC membership,” said AccuWeather Network General Manager, Sarah Katt. “This partnership with NCTC meets a growing demand for complete and comprehensive weather news and provides NCTC member operators with the opportunity to launch AccuWeather Network’s programming in new locations.”

In addition to straight weather news and forecasts, the AccuWeather Network continues to broaden content offerings with engaging programming such as AccuWeather Prime; a new, live two-hour show hosted by American Meteorological Society certified broadcast meteorologist Adam Del Rosso with stories that allow audiences to “see, hear and feel” the weather.”

“NCTC’s member operators are always looking for ways to better serve their customers and NCTC is pleased to offer another option for members to deliver valuable and potentially life-saving weather information to those customers,” said Judy Meyka, NCTC’s Executive Vice President of Programming.

The AccuWeather Network already reaches 34 million households with another 1.5 billion people globally accessing and depending on AccuWeather forecasts via digital devices, such as desktop and apps, as well as radio, television and newspapers and digital out of home.

SOURCE: Accuweather

Last modified on Thursday, 18 November 2021 10:45

Japan SVOD Services Market Revenue To Reach US $6.3bn In 2025, Forecasts GlobalData

Written by 16 November, 2021

The subscription video on demand (SVOD) service revenue in Japan is expected to increase at a robust compounded annual growth rate (CAGR) of 17.7% from US$2.8bn in 2020 to US$6.3bn in 2025, driven by increasing SVOD subscriptions and steady rise in average monthly revenue per SVOD household, according to GlobalData, a leading data and analytics company.

GlobalData’s Japan Subscription Video on Demand Forecast (Q2-2021) reveals that the SVOD subscriptions in the country will increase at a CAGR of 11.9% during 2020-2025 benefiting from the continued rise in household penetration of fixed broadband services, particularly fiber optic (FTTH/B) services, and the subsequent consumer shift from traditional pay-TV services to various OTT video platforms. 

The projected rise in the monthly average SVOD revenue per unique SVOD household from US$ $9.99 in 2020 to $14.01 in 2025, driven by increasing adoption of premium video content, will also lend traction to the overall SVOD revenue growth over the forecast period.

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Hrushikesh Mahananda, Telecom Analyst at GlobalData, says: “Premium video services coupled with local content is key to the success of OTT video platforms over traditional broadcast services in the country.

“Amazon Prime Video platform will hold the largest share of Japan’s SVOD services market, by subscriptions through the 2020-2025 period. This growth can be attributed to the company’s wide, distinct pool of local and original content library, competitive pricing, e-commerce bundling and its partnership with telecom operators such as NTT Docomo and KDDI for local distribution offerings.”

Last modified on Tuesday, 16 November 2021 02:31

E!'s 'Daily Pop' Listings: November 15th - November 19th, 2021

Written by 12 November, 2021

Daily Pop – Weekdays at 11:00am ET/PT

Monday, November 15 – 
Taylor Swift on her "All Too Well" short film and her re-recorded “Red (Taylor's Version)” album, plus Elle Fanning and Nicholas Hoult on Season Two of “The Great.” Then Melissa Gorga joins us LIVE in Studio to talk about her new Peacock series “The Real Housewives Ultimate Girls Trip,” then Fashion Expert Melissa Chataigne is LIVE on set to demonstrate how to be Best Dressed at your Thanksgiving Dinner Celebration, and People’s Choice Awards Nominee Natti Natasha joins us LIVE to discuss her Amazon Original “Everybody Loves Natti.” Plus we are at the Baby2Baby 10-Year Gala Red Carpet with Jennifer Garner, Kerry Washington, Vanessa Bryant, Amy Adams, Kate Hudson, Jessica Alba, Mandy Moore, and so many others!

Tuesday, November 16 - JoJo Siwa and her mom Jessalyn join us LIVE in Studio to talk about their new Peacock series “Siwas Dance Pop Revolution." Then Kendra Wilkinson is LIVE on Set to talk about her new series “Kendra Sells Hollywood,” plus “Real World” Housemates Tami Roman and Beth Stolarczyk are here LIVE to talk about “The Real World Homecoming: Los Angeles,” and Dwyane Wade is spilling all about his new photo memoir!

Wednesday, November 17 - Halle Berry discusses with us her directorial debut film “Bruised,” then Harry Hamlin joins us LIVE in Studio to talk life with Lisa Rinna and his new project “The Hot Zone: Anthrax.” Plus Reba McEntire previews her upcoming Christmas movie and holiday plans! 

Thursday, November 18 - The Jonas Brothers on their Family Roast, then Olivia Jade and Val Chmerkovskiy join us LIVE in Studio to talk about “Dancing with the Stars” and Olivia’s new podcast, plus Jeremy Renner and Hailee Steinfeld on the new “Hawkeye” series.

Friday, November 19 - Vanessa Hudgens joins us to talk about returning in “The Princess Switch 3: Romancing the Star.” Then we are cooking “Housewives”-inspired recipes with Celebrity Chef and Author Stuart O’Keeffe LIVE in Studio promoting his Real Housewives Parody Cookbook.

Listings are subject to change. 

**Denotes changes or additions.

Last modified on Saturday, 13 November 2021 16:26

Facebook Sentiments Down 3% QoQ In Q4 2021 Despite Metaverse Mentions, Says GlobalData

Written by 27 October, 2021

Facebook, which posted better-than-expected profits for the third quarter ended on 30 September 2021, is embarking on a long, costly path to build metaverse as the next big computing platform. However, the social media giant’s overall earnings transcript sentiments declined by over 3% in Q4 2021* compared to Q3 2021 due to iOS headwinds and investigations, according to GlobalData, a leading data and analytics company.

Rinaldo Pereira, Business Fundamentals Analyst at GlobalData, comments: “Facebook’s sentiments were not impacted as much by whistle-blower issues in Q3 2021. In the past, the company witnessed dips in sentiment due to data issues, scandals, or anti-trust investigations. Such issues were raised in its recent earnings call in Q4 2021 and impacted sentiments. Facebook’s moves to improve the brand image and the metaverse launch are steps in the right direction. Sentiments have rebounded and started showcasing improvement in 2021 driven by positivity around advertiser spends due to the e-commerce boom and the metaverse.”

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George Monaghan, Thematic Analyst at GlobalData, says that Facebook’s hiring is a sign of big things to come via its metaverse. He adds that with increasing investment and talks, the puzzle pieces are coming together, and the metaverse could be on par with the Internet boom or the social media and video streaming emergence.

An analysis of GlobalData’s Company Filing Analytics Platform reveals that the earnings transcript theme mentions of ‘Digital Media’ slowed in 2021 compared to 2020. Mentions of AR, VR and AI, on the other hand, rose in 2021, as Facebook expects to evolve from its major advertisement operations via its metaverse focus. Apple’s iOS privacy changes also disrupted Facebook’s ads business. 

Mr Pereira concludes: “There was a slight decline in mentions and sentiment of the metaverse in Q4 2021. However, a sentiment score of 0.92* in the quarter suggests that there is still optimism around the metaverse and could help in boosting Facebook’s current brand image.”

* Filings released in October

Last modified on Wednesday, 27 October 2021 23:50

CMT Presents Next Women of Country ‘All Song No Static’ Tour Featuring Maddie And Tae

Written by 25 October, 2021

Callista Clark and Sacha will join Maddie and Tae on the 16-city, 2022 “CMT Next Women of Country Tour Presents: All Song No Static Your,” kicking off January 6th in Oklahoma City, through February. The CMT tour will make stops in Atlanta, Boston, Houston, Nashville, and New York. Tickets will become available beginning this Friday, October 29th at 10 AM CT at MaddieandTae.com and CMT.com.

“We are so excited to have CMT’s Next Women of Country tour back on the road and to announce our favorite dynamic duo Maddie & Tae as headliners!” shared Leslie Fram, SVP of Music & Talent, CMT. “I’ve loved having the opportunity to watch their careers soar since we first welcomed them into our program in 2015, and equally thrilled Callista and Sacha – two of our brightest newcomers – will have the opportunity to share the stage and be part of such an amazing tour.”

Maddie & Tae — members of the CMT’s Next Women of Country class of 2015 — have seen success with hit songs, including their Double Platinum-certified single “Die from a Broken Heart.” They have also been nominated for Vocal Duo of the Year at the upcoming 55th Annual CMA Awards. As for Callista Clark and Sacha, the former was recently named the only Country artist in BILLBOARD’s “21 under 21” list. As for Canadian singer-songwriter Sacha, she is a member of CMT’s 2021 Next Women of Country in 2021 and continues to build buzz on both sides of the border.

2022 “CMT Next Women of Country Tour” Dates
Jan 6 – Town Theatre – Oklahoma City, OK
Jan 7 – House of Blues – Houston, TX
Jan 12 – Brighton Music Hall- Boston, MA
Jan 13 – Gramercy Theatre – New York, NY
Jan 14 – Baltimore Soundstage – Baltimore, MD
Jan 15 – Jergel’s Rhythm Grille – Warrendale, PA
Jan 19 – Moonshine Beach- San Diego, CA
Jan 20 – The Roxy – West Hollywood, CA
Jan 21 – Club Rodeo Rio – San Jose, CA
Jan 22 – Goldfield Trading Post – Sacramento, CA
Feb 3 – Elevation at The Intersection – Grand Rapids, MI
Feb 4 – The Castle Theater – Bloomington, IL
Feb 5 – The Bluestone – Columbus, OH
Feb 10 – Brooklyn Bowl – Nashville, TN
Feb 11 – Von Braun Center – Mars Music Hall – Huntsville, AL
Feb 12 – Buckhead Theatre – Atlanta, GA

Last modified on Monday, 25 October 2021 12:21

Writer's Guild Of America East & West Issue Statement Of Support For IATSE

Written by 15 October, 2021


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Last modified on Friday, 15 October 2021 16:39
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