Singing Machine And Stingray Unveil New Karaoke Gaming & Scoring Capabilities Targeting The Automotive Market
Portfolio Pulse from Benzinga Newsdesk
Singing Machine (NASDAQ: MICS) partners with Stingray (TSX:RAY, RAY.B) to launch a new in-car karaoke system with vocal scoring and gamification, debuting at CES 2024. The system includes a karaoke app with 100,000+ songs and a microphone with pitch detection and vocal enhancements. The partnership aims to tap into the growing in-car entertainment market, offering a safe and engaging experience for passengers.
January 08, 2024 | 1:17 pm
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Singing Machine announces a partnership with Stingray to introduce a new in-car karaoke system featuring vocal scoring and gamification, leveraging its microphone technology.
The announcement of a new product launch, especially in a growing market segment like in-car entertainment, is typically received positively by investors. The partnership with Stingray and the debut at a high-profile event like CES could generate significant interest and potentially increase the stock's value in the short term.
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