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Stock impact report

Singing Machine and Stingray Announce Karaoke Microphone Partnership with BYD

Algorhythm Holdings, Inc. (RIME) 
Company Research Source: GlobeNewswire
FORT LAUDERDALE, Fla., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (Nasdaq: RIME) announces its subsidiary, The Singing Machine Company, Inc. (“Singing Machine”), a worldwide leading consumer karaoke company, has successfully entered into a strategic partnership deal with BYD (BYDDY, BYDDF), the world’s leading manufacturer of new energy vehicles and Stingray (TSX: RAY.A, RAY.B), a leading music, media and technology company. As one of the world’s largest consumer karaoke companies, Singing Machine will be launching a globally available in-car karaoke microphone, designed to fully integrate with Stingray Karaoke app and BYD’s infotainment system in its vehicles. The first-of-its-kind partnership will have enhanced karaoke features and proprietary technology that allows for unique vocal enhancements such as vocal effects and live pitch-detection for karaoke scoring. Singing Machine’s new microphones, co-developed with BYD Automotive Product Strategy and the New Show less Read more
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