Algorhythm Holdings Inc. (RIME)

Overview

The Singing Machine Company, Inc., established in 1982 and based in Fort Lauderdale, Florida, operates in the consumer electronics sector focused on karaoke systems. With operations spanning North America, Australia, the United Kingdom, Europe, and other international markets, the company specializes in the design, marketing, and sale of innovative karaoke audio equipment, accessories, and musical recordings. The Singing Machine brand is well-recognized in this niche market, and the company extends its product line through licensing agreements and brand partnerships, catering to a diverse clientele ranging from retail chains to lifestyle merchants and direct consumers.

Products and Services

• Karaoke Products

  Sold under the Singing Machine brand, these products represent the company's core offering, including a range of karaoke machines that cater to both adults and children, enhancing the home entertainment experience with state-of-the-art technology.

• Licensed Karaoke Microphone Products

  Under the Carpool Karaoke brand, the company offers specialized karaoke microphones that leverage popular culture to attract a broad consumer base, adding a unique twist to the traditional karaoke experience.

• Microphone and Accessories, Portable Bluetooth Microphones

  Marketed under the Party Machine brand, these products include a selection of microphones and accessories designed for portability and ease of use, enabling spontaneous musical fun at parties and gatherings.

• Music Entertainment Singing Machines for Children

  Under the Singing Machine Kids brand, these products are specifically designed for young singers, incorporating fun, engaging designs with user-friendly features to encourage musical interest and talent from an early age.

• Connected Vehicle Karaoke Devices

  This innovative range of products caters to the modern lifestyle, allowing for karaoke entertainment on the go. It blends technology with tradition, bringing a new dimension to vehicle entertainment systems.

• Karaoke Music Subscription Services

  Available for iOS and Android platforms, this service offers users access to a vast library of karaoke music. Users can stream or download songs, enjoying a comprehensive karaoke experience complemented by high-quality tracks and the convenience of mobile technology.

• Web-based Download Store and Integrated Streaming Services for Hardware

  This digital platform enhances the user experience by offering direct access to music downloads and streaming services, ensuring that customers have the latest songs and technology at their fingertips, ready to integrate seamlessly with their Singing Machine products.