<img src="https://ml.globenewswire.com/Resource/Download/f5e4a75a-9140-48e1-b86e-14fd26e17c15?size=2" nborder="0" align="left" hspace="5" vspace="5" title="eel streaming netwrok logo non transparent - 4096 px x 2304.png" alt="Eel, Inc."/>As subscription fatigue accelerates the shift toward free streaming, award-winning filmmaker, Majiye Uchibeke launches "eel – Movies, Music, Sports + Live TV" with Watch & Win, its Monthly Viewer Sweepstakes that gives its users a chance to win cash, instead of asking them to add another monthly subscription<div style="float:right;padding:0 0 15px 20px;margin:15px 0 20px 20px;width:300px">
 eel Streaming Platform on Connected TV
 <figure>
 <img src="https://ml.globenewswire.com/Resource/Download/3d8a1d69-f11a-4e29-8941-98875b7dcccb" title="eel Streaming Platform on Connected TV" alt="eel streaming platform brings together free movies, TV shows, documentaries, music videos, sports and live TV." />
 <figcaption>eel streaming platform brings together free movies, TV shows, documentaries, music videos, sports and live TV.</figcaption>
 </figure>
</div><div style="float:right;padding:0 0 15px 20px;margin:15px 0 20px 20px;width:300px">
 eel Music Video Streaming Experience
 <figure>
 <img src="https://ml.globenewswire.com/Resource/Download/19898ac8-0bad-4543-85bb-afc30bb7c179" title="eel Music Video Streaming Experience" alt="The eel streaming platform features a unified entertainment experience with music videos, movies, TV shows, documentaries, sports, events and live TV in one destination. Users can discover and stream content across multiple genres on web, mobile and connected TV devices." />
 <figcaption>The eel streaming platform features a unified entertainment experience with music videos, movies, TV shows, documentaries, sports, events and live TV in one destination. Users can discover and stream content across multiple genres on web, mobile and connected TV devices.</figcaption>
 </figure>
</div><div style="float:right;padding:0 0 15px 20px;margin:15px 0 20px 20px;width:300px">
 eel Music Video Streaming Platform
 <figure>
 <img src="https://ml.globenewswire.com/Resource/Download/2131c5d1-c473-4513-8311-81d4e80e3d11" title="eel Music Video Streaming Platform" alt="The eel streaming platform offers free access to music videos alongside movies, TV shows, documentaries, sports, events and live TV—all in one destination. Available on web, iOS, Android, Apple TV, Roku, Fire TV and Google TV." />
 <figcaption>The eel streaming platform offers free access to music videos alongside movies, TV shows, documentaries, sports, events and live TV—all in one destination. Available on web, iOS, Android, Apple TV, Roku, Fire TV and Google TV.</figcaption>
 </figure>
</div>LOS ANGELES, June 25, 2026 (GLOBE NEWSWIRE) -- As millions of viewers rethink the growing cost of entertainment, Black-owned streaming platform “eel” officially launches during BET Weekend with a clear and decisive vision for the future of streaming: make premium entertainment free, unfragmented, and rewarding. <img alt="The eel streaming platform interface featuring Movies, Music, Sports and Live TV categories on a connected television." height="338" src="https://ml.globenewswire.com/Resource/Download/cc2a2c3d-ca3b-4561-8c23-b2857e47ad49/eel-streaming-network-10.png" width="600" data-dpi="96" data-caption="The eel streaming platform interface showcases a unified entertainment experience that brings together free movies, TV shows, documentaries, music videos, sports and live TV in one destination. Available on web, iOS, Android, Apple TV, Roku, Fire TV and Google TV." data-filename="eel Streaming Network 10.png" /> Consumers today are facing unprecedented subscription fatigue. Between streaming platforms, music services, sports packages and live TV subscriptions, households are managing more entertainment subscriptions than ever before. Rising monthly costs, password-sharing restrictions, and increasing price hikes have led many consumers to cancel paid services or seek free alternatives. Against that backdrop, eel enters the market as a free, ad-supported streaming platform designed to deliver movies, TV shows, music videos, sports, documentaries and live television, all in one destination. Launching across web, mobile and connected TV devices, eel is available on the web at www.watcheel.com, iOS, Android, Apple TV, Roku, Fire TV and Google TV, giving audiences the flexibility to watch wherever they choose. Founded by award-winning filmmaker Majiye Uchibeke, eel is built on a simple belief: entertainment should be easier to discover, more accessible, and should not require viewers to constantly add another monthly bill. <img alt="Portrait of Majiye Uchibeke, award-winning filmmaker and Founder &amp; CEO of eel, a Black-owned free streaming platform." data-mce-style="display: block; margin-left: auto; margin-right: auto;" height="600" src="https://ml.globenewswire.com/Resource/Download/ac431010-b4de-4e1b-acd5-c8ff8f00bd03/maj-portrait-ken.jpeg" style="display:block; margin-left:auto; margin-right:auto;" width="483" data-dpi="96" data-caption="Majiye Uchibeke is the Founder and CEO of eel, a Black-owned free streaming platform offering movies, Music Videos, etc " data-filename="maj portrait ken.jpeg" /> "Streaming has become fragmented," said Uchibeke, Founder and CEO of eel. "People subscribe to one app for movies, another for music, another for sports, another for live television, and every few months another price increase arrives. We believe entertainment should be consolidated instead of spread across countless apps.” Uchibeke continues by saying, “Just as importantly, we believe streaming shouldn't only take from viewers, it should give something back. That's why we created Watch &amp; Win, where we're giving our viewers the opportunity to be rewarded simply by being a user." <img alt="The eel streaming platform displaying its Movies section with featured films alongside categories for movies, music, sports, events and live TV." src="https://ml.globenewswire.com/Resource/Download/b436eb2e-460e-4466-9d5c-06dd8baefac3/eel-streaming-network-1.png" data-dpi="96" data-caption="The eel streaming platform brings together free movies, TV shows, documentaries, music videos, sports, events and live TV into one destination. Available on web, iOS, Android, Apple TV, Roku, Fire TV and Google TV, eel helps viewers discover premium entertainment without a monthly subscription." data-filename="eel Streaming Network 1.png" /> Watch &amp; Win is a monthly viewer sweepstakes designed to reward eel users. Beginning in August 2026, one viewer each month will receive a $250 cash prize. Users can sign up now and opt in for reminders when the sweepstakes open. Winners will be announced on eel's Instagram and TikTok, @watcheelhq. For Uchibeke, the launch of eel represents the culmination of a journey defined by resilience, perseverance and purpose. Just two weeks after arriving in the United States in 2015 to pursue filmmaking, he lost his mother, a tragedy that became a lifelong source of motivation to honor her legacy of kindness, activism and positive change. A year later, he lost the government scholarship that had funded his education after a change in political leadership ended the program. Facing financial uncertainty while navigating Hollywood as both an immigrant and a Black filmmaker, Uchibeke continued pursuing his craft, supported by mentors who believed in his vision. Today, he is an award-winning filmmaker whose work has earned international recognition, including the Directors Guild of America for Outstanding Documentary Direction and finalist recognition from the BAFTA Awards. Through eel, he now combines his background in filmmaking with years of experience in streaming and digital media to build a platform focused on accessibility, discovery and opportunity for audiences and creators alike. As a Black-owned streaming platform launching during BET Weekend, a celebration of Black entertainment, creativity and culture, eel also aims to expand opportunities for diverse stories and voices while making premium entertainment accessible to everyone. The company applauds platforms like BET for their longstanding role in elevating Black artists, filmmakers, musicians and creators, and views its own launch during BET Weekend as a celebration of that continued cultural impact. With the streaming industry’s continued shift toward ad-supported and free streaming models, eel aims to offer consumers with a compelling alternative that brings entertainment, technology and community together in one destination. Watch &amp; Win Sweepstakes Disclosure: NO PURCHASE, PAYMENT, OR VIEWING REQUIRED TO ENTER OR WIN. A purchase, payment, or viewing will not improve your chances of winning. Open to legal residents of the fifty (50) United States and the District of Columbia (excluding U.S. territories), subject to the eligibility requirements in the Official Rules. Void where prohibited. See the Official Rules at www.watcheel.com before the promotion begins for complete details, eligibility requirements, entry methods, prize information, and restrictions. About eel eel is a Black-owned, free ad-supported streaming platform bringing together movies, TV shows, documentaries, music videos, sports and live television into one entertainment destination. Available across web, mobile and connected TV devices, eel is committed to making premium entertainment more accessible while helping audiences discover diverse stories from around the world. Through its Watch &amp; Win program, eel is also reimagining viewer engagement through incentive-based audience participation by giving its viewers the opportunity to earn monthly cash rewards simply by being a user. Media Contact Majiye Uchibeke Founder &amp; CEO, eel maj@watcheel.com <a href="https://www.globenewswire.com/Tracker?data=18ybB6HgnVpLgxRU-1RmNzsEfDvnpOFxQl1GwfU4vQxmHaZ6lS4rV7ebYDhQrgODseqJRaABzeiXD1ttr4zVSSEICvhvFVpqtFbnePD9Iew=" rel="nofollow" target="_blank" title="">www.watcheel.com</a> Photos accompanying this announcement are available at <a href="https://www.globenewswire.com/Tracker?data=Y9l5rCCz5SjsnXxOb98oXiUxgRG7x2z3bwBz7Ko-1M4vK_1T_HKQUqjeOMX3kf2PbZyOmh69UVnmelJ44le9mJK7J5JAIsRHDaTXR0ymXFQ8TDVGBnvHRANX8RHhKriDOECWtbA1rZVjFquWL9YBvKNGf6teZXEI4CDdw7zFYqFqKO0l5d6oq-lh5u8_TxqlY5BnBGp52CGmOC15ebybjJBTCb0RxSF_i4ozODI9N4gcjeG31RXCIZpk_CF31JLF0ljWbXMJNocickpzCwtIwA==" rel="nofollow" target="_blank" title="">https://www.globenewswire.com/NewsRoom/AttachmentNg/cc2a2c3d-ca3b-4561-8c23-b2857e47ad49</a> <a href="https://www.globenewswire.com/Tracker?data=Y9l5rCCz5SjsnXxOb98oXiUxgRG7x2z3bwBz7Ko-1M4vK_1T_HKQUqjeOMX3kf2P4Hn9VDxKk9LtYWYpctFHbIbntMHngVB6rMebQjx2ZpbLRMv7xkl5nLyqqIiM9poCar8c7wIyI14czH5x3i9mDiq1HtL7FlP01Z_NeBg3UOLAEWpPNprLl1eNOfYEfN8auXDKrrfz06aWPJUYbZxqwlayEHJC7FynElNuomuGzHTEaF6Pzv8kf5xnSbcaLCXMpFVIqzmeJG5RWd0EVHN9DA==" rel="nofollow" target="_blank" title="">https://www.globenewswire.com/NewsRoom/AttachmentNg/ac431010-b4de-4e1b-acd5-c8ff8f00bd03</a> <a href="https://www.globenewswire.com/Tracker?data=Y9l5rCCz5SjsnXxOb98oXiUxgRG7x2z3bwBz7Ko-1M4vK_1T_HKQUqjeOMX3kf2PDFX2IScJ7SNh4ZtzcvOqRpiqhLykjzBmgKCBPVArwv8tkZRCDAvPbR8AIkcsPeij9T2CRNOLkU51azOUVYhKO2q3p5zyhATz0u_AtfAilOu0MMexF6533nvccSTVLWJc0uIGNNh1b1UsW37yb1YyFSg29I3GvW1Zj-Q2EI6d6wjrfUagFUWyL0iXkS2rx6mM2ZI6wx-hZfqnXQz1gcyaMg==" rel="nofollow" target="_blank" title="">https://www.globenewswire.com/NewsRoom/AttachmentNg/3d8a1d69-f11a-4e29-8941-98875b7dcccb</a> <a href="https://www.globenewswire.com/Tracker?data=Y9l5rCCz5SjsnXxOb98oXiUxgRG7x2z3bwBz7Ko-1M4vK_1T_HKQUqjeOMX3kf2P46ihZ65YoaVQ49PiZN6-Gzha-JncQLFE1iDm5PUEnjcdNS-2rLN0QujZ6agmuUcco50mlsiEgh_kAWdnzC7uIFWBHQJ-Mg1P8xmQW_ow7PILJXRqUDnXPM-DwxNix1uZxAvoqLqt5Ac0nAxl9cx2N1Tqk4COdsY20b9lijm7bXE48Tz9FUd4p-WCsC9_-9IGlv47Vb1D_UjCXso4z_82Uw==" rel="nofollow" target="_blank" title="">https://www.globenewswire.com/NewsRoom/AttachmentNg/19898ac8-0bad-4543-85bb-afc30bb7c179</a> <a href="https://www.globenewswire.com/Tracker?data=Y9l5rCCz5SjsnXxOb98oXiUxgRG7x2z3bwBz7Ko-1M4vK_1T_HKQUqjeOMX3kf2Pn-DwDdv4Xa0gL5xULTnpLvDe6uYf1DTbXnP4NJDGgTSjFe-IjEUE7us45w4WwAEgMoXh6SsfJ3kH7vYI6DKYQ8qm04RE9cgslMb2PohKFkJ280kTsBGxRUOx3CXUFbCDRmWEIrNJq7fcOY--MdREnAu41ouem9ATRtPzm6ngyw5YxjcNbqwhrN9PNF1q1TjXovfnINp2hw2OV8L9joVwQg==" rel="nofollow" target="_blank" title="">https://www.globenewswire.com/NewsRoom/AttachmentNg/b436eb2e-460e-4466-9d5c-06dd8baefac3</a> <a href="https://www.globenewswire.com/Tracker?data=Y9l5rCCz5SjsnXxOb98oXiUxgRG7x2z3bwBz7Ko-1M4vK_1T_HKQUqjeOMX3kf2P-p8bKpvVMU1wJ0GsVj65zcXglxoj7eSLcwbBjAFVY8ahAGjCg5Rj6M5vHjs7cK6pqbVdmMUlAadlhuk904aVmZqyka9ItuPcRsgvfSg8CfS6X1-f8ke7aSGx80lg-goqYv-A1THg8Ta0vNl-H6tHW-_PTi3Ukk7DM1C-GYIPmLBYHk-xft-QMAvRW5XwtdBzuqn52l5n5Dsd2DbT-p69MA==" rel="nofollow" target="_blank" title="">https://www.globenewswire.com/NewsRoom/AttachmentNg/2131c5d1-c473-4513-8311-81d4e80e3d11</a> <img alt="" src='https://ml.globenewswire.com/media/NTNkMzk1ZGUtOThmYy00MTExLTg0MzQtMDJiN2U5ZGJiODVhLTEzMTkzNzktMjAyNi0wNi0yNS1lbg==/tiny/Eel-Inc-.png' referrerpolicy='no-referrer-when-downgrade' />

GlobeNewswire Inc.

Black-Owned Streaming Platform, eel, Launches During BET Weekend with Free Movies, Music Videos and Monthly Viewer Reward

Latest news from the world of business and finance – both local and global

MONEY FM 89.3 is Singapore's first and only Business and Personal Finance station, featuring local and international business and financial news.

MONEY FM 89.3

Discover newsletters from our DJs on LinkedIn