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MUZLIVE Inc.

MusicStartup
KiT Album, the content media platform optimized for the smart era.
-KiT Album, developed and released by MUZLIVE, is widely known to global K-pop fans.
-Through the application of EUWC, a new communication protocol developed by MUZLIVE, it can be operated on all types of smart devices by simply clicking the KiT on the microphone of the smart device.
-Users can enjoy multi-contents such as music, photos and videos through KiT Album, and use the fan community for KiT Album buyers.
-Content providers can check the usage data of physical record buyers, which there have never been able to collect at all, on the KiT data platform through KiT Album release and use it for their marketing activities.
-The KiT Album, which simultaneously delivers the collectible value of physical albums and the convenience of using smart devices, will become a new vaccine in the current music market where CD players disappear and streaming profitability decreases.

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Business Description

-MUZLIVE's KiT Album has started selling 50,000 copies in 2017, selling about 350,000 copies in 2018, and about 600,000 copies in 2019, and sales growth has been around 2000 percentage over the past 2 years.
-Already 60 percentage of buyers are overseas buyers, including 210,000 copies sold in China, 120,000 copies sold in Japan, and 170,000 copies sold in English.
-Recently, MUZLIVE started to release not only music albums, but also various contents such as live concert videos, movies, dramas, and audio books along with SM Entertainment, CJ ENM and Genie Music as KiT Albums.
-The establishment of corporations in the United States, Japan and China has been completed, and it is discussing KiT Album releases with major record label and film company in the United States and it is negotiating the release of KiT Albums of famous Japanese singer.

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