 Fort Lauderdale, FL, Aug. 11, 2021 GLOBE NEWSWIRE -- The Singing Machine Company, Inc. Singing Machine or the Company OTCQX: SMDM -- the North American leader in consumer karaoke products today announced that Stingray Group Inc. TSX: RAY. A; RAY. B, a leading music, media, and technology company has participated in the Companys recent private placement offering to obtain a minority stake in Singing Machine and will be accepting a seat on the companys newly reconstituted board of directors. 