Las Vegas, Nevada–(Newsfile Corp. – December 10, 2021) – VYRE Network (OTC Pink: CAPV) (a wholly-owned Cabo Verde Capital company, “VYRE”) is pleased to announce that it has completed its Samsung TV Vyre App integration, increasing VYRE’s reach in the OTT platform marketplace. Users can consume free curated content provided by VYRE Network and its internal channels. This is an addition to VYRE’s ecosystem of niche channels and library of movies, TV shows, and series on Roku, Amazon Fire Stick, and Apple home entertainment platforms.
VYRE felt it was important to be on the Samsung Smart TV platform as Samsung Electronics has topped the global TV market for the 15th consecutive year, according to market research firm, Omdia. Newly released data shows that Samsung TV’s recorded 31.8% in global TV market share by revenue, and retained the largest annual category market share by revenue in 2021, at 31.9%.
This new addition is part of the bigger plan for the VYRE App to be added to all available OTT platform systems. Following Samsung Smart TV, VYRE plans on being live on Playstation, Xbox, Vewd, Tizen, Android TV, and VIZIO in Q2 2022. VYRE’s goal to be the #1 Niche Streaming Platform that streams the culture of various countries for Free, gets closer with each new platform the app is available on.
In addition, the Company is issuing to Directors 2,500,000 restricted common shares and 15,000,000 Series A Convertible Preferred shares.