MADISON TECHNOLOGIES Business Summary

Madison Technologies Inc. (MDEX) operates as a media and technology firm focused on the acquisition and revitalization of underutilized over-the-air (OTA) television stations across major U.S. Designated Market Areas (DMAs). The company generates revenue primarily through advertising sales, content distribution, and data transmission services on its independent broadcast platform. Its core business strategy involves the roll-out of BlockchainTV, a 24/7 broadcast and streaming network dedicated to cryptocurrency news, financial analysis, and blockchain-related entertainment. By leveraging its OTA footprint, Madison Technologies aims to provide a high-reach alternative to internet-only crypto media outlets, targeting the growing demographic of "cord-cutters" who utilize digital antennas. Primary competitors include established crypto-media entities like CoinDesk and The Block, decentralized streaming platforms such as Theta Network, and traditional broadcast groups like The E.W. Scripps Company. MDEX occupies a niche position by bridging the gap between legacy broadcast infrastructure and emerging digital asset markets. The company is led by Chairman and CEO Philip A. Falcone, a prominent billionaire investor and founder of Harbinger Capital Partners, known for his high-profile background in distressed debt and special situations. Falcone, who previously served as CEO of HC2 Holdings, brings extensive experience in media roll-up strategies and telecommunications infrastructure. Supporting the executive team is Jeffrey Michael Canouse, who serves as Chief Compliance Officer and Secretary, drawing on over two decades of experience in investment banking and financial management at firms such as J.P. Carey Inc. The leadership team was further strengthened in early 2026 with the appointment of Vincent DeVito to the Board of Directors, providing additional strategic and regulatory oversight. The company's capital structure is characterized by significant insider ownership, with Falcone remaining a primary stakeholder and architect of its current media-centric pivot.