Exciting Opportunity to Leverage Triller’s Underutilized Assets to Create Next-Gen Entertainment Platform

NEW YORK, NY, Oct. 30, 2024 (GLOBE NEWSWIRE) —  Triller Group Inc. (Nasdaq: ILLR) (“Triller Group” or “the Company”) today announced the release of its latest Fact Sheet, providing initial insights into the Company’s mission to become the next generation Entertainment Platform.

NEW YORK, NY, Oct. 30, 2024 (GLOBE NEWSWIRE) —  Triller Group Inc. (Nasdaq: ILLR) (“Triller Group” or “the Company”) today announced the release of its latest Fact Sheet, providing initial insights into the Company’s mission to become the next generation Entertainment Platform.

“I could not be more excited about our future prospects, as an App, as a brand and as a group of leading-edge companies”, said Bob Diamond, Chairman of the Board. “We have the disruptive fighting brand in BKFC, the next generation streaming platform in TrillerTV, sophisticated AI tools helping Presidential candidates and NFL franchises find their audiences, and an App upon which we will build an integrated vertical video and connected TV multimedia entertainment platform.”

With the creator economy valued at a massive $180 billion and experiencing robust growth, Triller Group is well positioned to address emerging issues driven by ongoing technological disruption. Issues such as creators or professional content providers struggling to protect, leverage, or monetize their content. Or users looking for better ways to discover and engage with exciting new content. These unmet needs of creators, brands and users create huge market opportunities for Triller Group.

As the Company develops and implements strategies to meet these needs, Triller Group is not starting from scratch. The Company already has a strong foundation with powerful assets and brands in vertical video (Triller App), connected TV (TrillerTV) and content and events (BKFC) that foster passionate user engagement through authenticity and trust. The transformation journey has already started as evidenced by the fact that the Company has:

• A content-rich Triller App, with 36% of users actively creating content.
• A highly sophisticated, AI-driven suite of tools and services, currently serving top creators and leading brands globally on the Triller App and across the social media landscape.
• More than 3,000 events live-streamed annually without a glitch through TrillerTV.
• Proof of concept with BKFC, the world’s fastest-growing combat league, featuring highly successful events and unique content made accessible across all media distribution channels, including vertical video and connected TV, on a global scale.

As Triller Group connects and integrates these underleveraged assets, Triller Group will start to occupy a truly unique position as an entertainment platform, translating into unparalleled value for all our stakeholders.

Over the next few weeks, the Company will provide further updates as an experienced management team renowned for its execution and integrity is being put into place under the leadership of Kevin McGurn, the Company’s previously announced incoming CEO. More details on the transformation plan and associated business plan will also be provided during a planned investor and media day in November 2024.

Triller Group is excited to embark on this journey to redefine entertainment and create unparalleled opportunities for creators, brands and audiences alike.