Maybacks Global Entertainment, LLC and Plex Sign Global Licensing and Distribution Agreement

Core Insights - Maybacks Global Entertainment, LLC has signed a Licensing and Distribution Agreement with Plex GmbH, marking a significant milestone in its distribution strategy [1][2] - The partnership aims to integrate Maybacks' networks into a global distribution model utilizing AVOD (Advertising Video On Demand) and expand its content offerings [3][4] Company Strategy - Maybacks is focused on building and expanding its own brands within the iDreamCTV network, including Toro TV, Comfy TV, Winnie's World, and iCowboy, rather than pursuing traditional film sales [2][6] - The acquisition of Goliath Motion Picture Promotions has broadened Maybacks' access to distribution opportunities and innovative revenue models [2][6] Partnership with Plex - Plex is recognized as one of the leading streaming services, providing access to tens of thousands of free-to-watch movies and TV shows, and hundreds of free-to-stream live TV channels to approximately 25 million users [5] - The collaboration with Plex will enhance the distribution and monetization of Maybacks' AVOD and streaming channels, creating new opportunities for content delivery [3][6] Industry Position - Maybacks is positioned as a dynamic, fast-growing international media network, delivering diverse content across connected TVs and multiple devices [6][8] - The company manages a full-service television operation, encompassing acquisitions, programming, production, broadcasting, advertising, and distribution [7]