Universal Media Group Expands Business Verticals with Universal Streams

02/27/2023 20:18 • Daily Digest • 103 views

It is reported that Universal Media Group (UMGP) has announced the expansion of several business verticals. One product vertical expansion is a joint venture project called Universal Streams, which is an OTT streaming media platform for independent creators. The first internal product will be a stock, encryption, blockchain, NFT and game-centric news network, covering the global market. The company will use the combined network to cover tens of millions of content consumers through Universal Streams.

Global Media Group announced the expansion of news networks centered on encryption and blockchain

Interpretation of the news:

Universal Media Group (UMGP) recently announced the expansion of its business verticals, and one of the products that will be part of this expansion is the Universal Streams. This OTT (over-the-top) streaming media platform is designed for independent creators, and it will enable them to distribute and monetize their content to a global audience.

The first internal product of Universal Streams will be a news network that is centered on the stock market, encryption, blockchain, NFTs (non-fungible tokens), and game-centric topics. The network is expected to provide coverage of the global market and target tens of millions of content consumers through Universal Streams.

The decision of UMGP to expand its business verticals to include Universal Streams is a significant move that reflects the growing demand for OTT streaming platforms, especially those that cater to independent creators. UMGP’s move also indicates the increasing role of blockchain technology and NFTs in the media and entertainment industry.

Universal Streams will take advantage of the latest technologies to provide a seamless and immersive streaming experience for its audiences. The use of blockchain technology will enhance the platform’s security, while NFTs will enable creators to monetize their content through unique and valuable digital assets.

The news network that will be part of Universal Streams will cater to a niche audience interested in stocks, blockchain technology, and other related topics. The network will provide in-depth analysis, market insights, and relevant news stories that will be valuable to investors, traders, and other players in the stock market.

In conclusion, UMGP’s announcement of the expansion of its business verticals with the launch of Universal Streams is a positive development in the media and entertainment industry. The platform will provide independent creators with a new avenue to distribute and monetize their content while also catering to a niche audience interested in stocks, blockchain technology, and other related topics. Universal Streams is poised to become a significant player in the OTT streaming market, and its success will be a testament to the growing role of blockchain technology and NFTs in the industry.

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