Singing Machine and Talpa partner to create ‘The Voice Karaoke’ consumer products
Fort Lauderdale, FL, April 09, 2019 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (OTCQX: SMDM) – the worldwide leader in consumer karaoke products – announces it has entered into a three-year multi-country licensing agreement with Talpa Global for the hit show THE VOICE. Under the terms of the Agreement, Singing Machine will be launching a range of consumer karaoke products for distribution in multiple countries around the world, starting in Fall 2019.
The star-studded competition show is the best-selling unscripted format of the last decade with 67 local productions and has already taken home numerous awards, including 4 Emmy's, 4 Producers Guild Awards and 5 People’s Choice Awards.
Gary Atkinson, Singing Machine CEO, commented, “We are excited to be partnering with Talpa to bring fun, quality music entertainment products to the millions of fans of The Voice around the world. The Voice is the premier singing performance television show in the world and we are delighted to align with such a strong brand for music entertainment.”
Lucie Stoffers, VP Brand & Licensing of Talpa Global says, “We’re excited to partner up with The Singing Machine. Their extensive range of Karaoke products are a great addition to our existing merchandise portfolio.
The Voice has a large loyal fanbase that we keep engaged through different platforms and with these new Karaoke products we are able to bring the excitement of The Voice right into the homes of our fans.”
First on air in The Netherlands in 2010, the record-breaking show is currently being watched on every continent, airing in over 180 territories, has close to 75 million Facebook fans and almost 16 million Twitter followers. The Voice and The Voice Kids have over 50 billion YouTube views and almost 72 million subscribers today.
About The Singing Machine
Based in the U.S., Singing Machine® is the North American leader in consumer karaoke products. The first to provide karaoke systems for home entertainment in the United States, the Company sells its products worldwide through major mass merchandisers and on-line retailers. We offer the industry's widest line of at-home karaoke entertainment products, which allow consumers to find a machine that suits their needs and skill level. As the most recognized brand in karaoke, Singing Machine products incorporate the latest technology for singing practice, music listening, entertainment and social sharing. The Singing Machine provides consumers the best warranties in the industry and access to over 14,000 songs for streaming and download. Singing Machine products are sold through most major retailers in North America and internationally. See www.singingmachine.com for more details.
Investor Relations Contact:
Brendan Hopkins
(407) 645-5295
investors@singingmachine.com
www.singingmachine.com
www.singingmachine.com/investors
Forward-Looking Statements
This press release contains forward‑looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward‑looking statements are based on current expectations, estimates and projections about the Company's business based, in part, on assumptions made by management and include, but are not limited to statements about our financial statements for the fiscal year ended March 31, 2018. You should review our risk factors in our SEC filings which are incorporated herein by reference. Such forward‑looking statements speak only as of the date on which they are made and the company does not undertake any obligation to update any forward‑looking statement to reflect events or circumstances after the date of this release.