Miami, FL – May 7, 2020 (EmergingGrowth.com NewsWire) — EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on Universal Media Group Inc. (OTC Pink: UMGP).

According to an article on TVNews Check PM:  https://www.nexttv.com/news/verizon-strikes-deal-to-market-pluto-tv?
 
Viacom CBS Inc. (NASDAQ: VIAC) purchased streaming content providers Pluto TV last year for $340 million.  Since the acquisition, Viacom has grown Pluto TV as a vital destination for ad-supported video on demand (VOD) as well as a grid-like, live-streaming linear video experience. 
 
Pluto is now tallying 30 million active monthly users and it is gaining distribution inroads into Europe and Latin America.  To put things into perspective, Netflix (NASDAQ: NFLX), has 167 million users worldwide and 60 million in the US, while Amazon (NASDAQ: AMZN) Prime has almost double the US users coming in at 112 million. 
 
Universal Media Group Inc.”UMGP” a media company out of Boca Raton Fl. that produces celebrity content is positioning itself to capitalize on the millions of viewers from around the world on these OTT platforms. As he demand for quality content is in high demand with millions of dollars in revenues. Universal Media Group Inc. “UMGP will be front and center.
 

About Universal Media Group Inc:

UMGP is a digital media company that focuses on user-generated music content and a sense of community through its brand “High School Icon” and television program “Before the Fame”. It focuses on cutting-edge technology through music, sports and entertainment for engagement with the millennial generation. www.umediagroupinc.com

SOURCE: Universal Media Group Inc.

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