IBC 2016, page-5

From Existing Company Agreements Update...
" the Company is now preparing for an official global online marketing campaign
over the coming months to coincide with a major feature rich upgrade of K2U in September which will include Karaoke performance video publishing, sharing of
content, chat and friends features, which will boost downloads, subscriber numbers and revenue. "

IBC 2016 seems like a good place to announce a "major feature rich upgrade of K2U".