Market Overview

AfroLife.TV Acquiring BlackTree TV

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AfroLife.TV plans to expand BlackTree TV's business, reach, and
infrastructure

AfroLife.TV announced today that it is acquiring BlackTree TV in a stock
and cash deal that will bring BlackTree TV's live coverage of African
American celebrities on red carpets and sit-down interviews to its
global audience. BlackTree TV is a leader and the voice of black
Hollywood when it comes to interviews, media coverage, and special
events. Since 1997, BlackTree TV has been interviewing entertainers from
the African diaspora, like Michael B. Jordan, Denzel Washington, Lebron
James, Kobe Bryant, Michael Jackson, James Brown, and many others.
BlackTree owns and operates channels on YouTube that have over 1,000,000
active subscribers.

"Jamaal has done something that no one else in the country has been able
to execute on and he's been doing it for over ten years. BlackTree TV is
a true voice in the black Hollywood community and they are a natural fit
within AfroLife.TV. Our goals are very much aligned and we are happy to
have them in our family," says Alberto Marzan, Founder and CEO of
AfroLife.TV.

BlackTree TV will continue to cover events from the red carpet and
others without interruptions. During the next couple of months, we will
be very strategic on what the integration process will be into
AfroLife.TV. The brand of BlackTree will live under the AfroLife.TV
branding without losing the essence of who they are, with potentially
adding a "Live Streaming and Coverage" component to AfroLife.TV.

"It has always been our goal at BlackTree to explore new and innovative
platforms and we believe that AfroLife will be the bridge to
distributing our content to our audiences worldwide," says BlackTree TV
Founder and CEO, Jamaal Finkley.

About AfroLife

AfroLife.TV offers streaming access to a world of curated African
American, Afro-Latino, Afro-European, and African content. Our
integrated, streaming media destination is designed to connect the
African diaspora through premium content. Using a unique blend of
digital streaming, social media, and curated storytelling, AfroLife.TV
offers classic, popular, emerging, and independent content to educate,
inform, and entertain subscribers. For more information on AfroLife.TV,
visit us at www.afrolife.tv

About BlackTreeTV

BlackTree TV is the number one source for entertainment content focusing
and featuring our African-American community. Over the last ten years,
we have become YouTube's premier place for best in Hollywood and have
developed a global audience. BlackTree TV has over three thousand hours
of original videos and never-before-seen footage. Our audience has
become accustomed to amazing sit-down and red carpet interviews with the
most exclusive African American stars. For more information visit BlackTreeTV

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