Digital Media Leader ICARO™, with Over 220M Subscribers Under Contract, Establishes its European Headquarters Following Growth into EMEA Markets

NEW YORK – November 9, 2020ICARO™ Media Group, a TMT sector company, announces the opening of its new office in London, United Kingdom, as part of its international expansion strategy targeting an additional 200M subscribers.  The new ICARO™ UK office and management team will provide marketing, sales, corporate onboarding, and technology support for the company’s recent expansion into England, Italy, Germany, Portugal and Spain.

ICARO™ UK will directly support partnerships with media broadcast companies and telcoms in the European markets, providing ICARO’s artificial intelligence-powered digital content solutions to partners across web, mobile, and OTT devices throughout the region.

“I am proud to announce that ICARO  continues to strategically invest in our growing operations as we expand from North American and LATAM into the European markets,” stated Paul Feller, Chairman & CEO of ICARO Media Group. “Opening our London office and expanding our management team allows ICARO to increase our value proposition and footprint to provide the best AI-driven media to targeted subscribers. As the world moves towards re-opening, ICARO remains focused on connecting technology, media and people to create the most impactful experiences and the best quality solutions for our telecom and media broadcast partnerships through heightened monetization in advertising, E-commerce and video licensing fees, and to create greater value for ICARO shareholders.”

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About ICARO
ICARO empowers Global Telecoms, Media Companies and Broadcast television networks with over 220M subscribers under contract in LATAM and North America to grow revenues, build audience, and access turnkey solutions to stay competitive in an evolving media and technology marketplace.

The ICARO platform features include access to a premium content library in several languages, international content distribution solutions, advanced geofencing controls, e-commerce integrations, advertising integrations, multimedia management and curation tools, metadata enhancement and optimization, channels and playlists, and video management and hosting. ICARO’s platforms support multi-language digital content to a growing list of publishers, telco partners and media groups. Primary languages will include English, Spanish, Portuguese, French and German. ICARO is headquartered in New York, with global offices located in São Paulo, Mexico City, Toronto, Boca Raton and London. For more information, please visit www.icaromediagroup.com.

Forward-Looking Statements: Statements in this press release relating to plans, strategies, projections of results, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors. Although the company’s management believes that the expectations reflected in the forward-looking statements are reasonable, the company cannot guarantee future results, performance or achievements. The company has no obligation to update these forward-looking statements.