Madison Technologies, Inc. Completes Purchase of Los Angeles TV Stations KNLA & KNET
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. ...