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Galxy Platform Is Disrupting the Streaming Industry with an Incentivized Profit Share for Users


Galxy TV Pays its users to watch on the platform.
Galxy TV Pays its users to watch on the platform.

Philadelphia, Pennsylvania--(Newsfile Corp. - December 14, 2022) - US-based streaming platform Galxy, owned by the independent film and television distributor Invincible, launches a new initiative called Galxy TV profit share. The initiative intends to redefine the streaming industry by providing its registered users with a profit share based on the amount of hours they watch. Galxy seeks to provide its audiences with a free streaming service that enhances the viewing experience with minimal disruption from ads while simultaneously creating meaningful value for the audiences and advertisers. As part of the new initiative, Galxy reinvests a portion of its revenue in its users and rewards them for being part of the platform. There are a number of streaming platforms on the market. Most of them are subscription-based. However, the accessibility and affordability of those platforms vary, resulting in additional expenditures on household budgets. A recent survey reveals that 24% of households report paying for at least three more additional streaming services than they did one year ago and another 21% are now paying for two more streaming services. It also shows that subscription costs for streaming services per household are on the rise. Galxy intends to provide an alternative streaming platform that not only helps households save money but also pays them for watching their content. "We decided that in a world where everything seems designed to take, it was time for a little giving. We believe that providing great content is paramount to a great streaming service, however our audiences are just as important to our success, and our success should be theirs. We have created a simple system to track and report our daily revenues to users, automatically paying 15% every month," says Thomas Ashley, Founder and CEO of Galxy. Apart from the paid-per-view initiative under 'Galxy TV profit share', the platform also pays its customers for sharing, rating and reviewing the content. Instead of spending huge amounts of money to promote its services, Galxy spends a part of that budget on its users, who help the platform promote its content. "We promote ad-free sponsored content. Brands sponsor titles on Galxy without frequent advertisements, and when the show is over, brands offer the users rewards for watching. These can be coupons, discounts, and free samples, all available in their account or instantly by scanning a QR code. We have also changed how ads are viewed and displayed, creating far fewer ad breaks so audiences can enjoy an uninterrupted viewing experience," Thomas added. Galxy TV's profit-sharing initiative levels the playing field by making streaming services accessible and affordable for many. In addition to that, providing ad-free content free of charge is an innovative advertising experience, creating more brand value and a better viewing experience for the audience. About the Company Invincible Entertainment Partners LLC is a film and TV distribution company with a content library of over 5,000+ movies and TV shows. Highlights include Kevin Smith's "Yoga Hosers" and "The Adventures of Sonic the Hedgehog". Invincible's flagship streaming platform, Galxy TV (www.galxy.tv), pays viewers to watch and offers easy access to free streaming TV, ad-free premium subscription packages and movies on demand. Invincible owns 19 free, ad-supported streaming television channels, which are widely distributed on third party platforms including Plex, LG, Roku, FreeVee, and many others. Invincible also owns the YTA Broadcast Television Network, reaching over 40 million homes across the United States. Media Name: Thomas Ashley Email: tashley@invincibleent.com To view the source version of this press release, please visit https://www.newsfilecorp.com/release/147985



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