ACN Inc., an essential services direct selling company, announced its agreement to purchase the assets of Kynect Ltd. Formerly known as Stream Energy, Kynect was founded in 2005 as an energy service provider in the direct selling space before adding wireless, home security and other essential services to its product portfolio.

Starting with the July 2019 issue, Direct Selling News is introducing a new monthly ranking, the DSN Digital 100, that will offer added insight on the digital marketing efforts of direct selling companies. The goal of the DSN Digital 100 is to see who within the direct sales industry is executing a sound social media […]

Stream Energy announced that it has entered into a definitive agreement to sell its retail energy business to NRG Retail LLC, a subsidiary of NRG Energy, Inc. (NYSE: NRG). At closing, the Dallas, Texas-based Stream’s remaining business will emerge as a new brand to market energy and wireless services through its independent sales organization and will be the exclusive […]

Stream (formerly Stream Energy), a provider of energy and connected life services, will be expanding into Ohio. The announcement was made by Stream Chief CEO Larry Mondry during the company’s recent national conference, Stream Ignition, held this year in Fort Worth, Texas. On April 24, Stream Energy Services will expand to six territories in Ohio, which […]

Dallas, Texas-based Stream (formerly Stream Energy), a provider of connected life services, recently launched its line of energy services, in addition to wireless, protective and home services, in Delaware. This is the company’s second energy expansion in 2017, following the opening of the Illinois market in September. Delaware is the eighth state added to Stream’s […]

Dallas, Texas-based Stream (formerly Stream Energy), a direct selling company and provider of connected life services, recently announced the addition of David Faranetta as Executive Vice President and Chief Financial Officer. Faranetta will oversee the company’s financial planning and reporting, accounting, tax and treasury functions. A veteran of the energy industry, Faranetta brings with him […]

Dallas-based Stream (formerly Stream Energy), a leading direct selling company and provider of connected life services, recently launched its line of Energy Services, in addition to Wireless, Protective and Home Services, in northern Illinois. Illinois is the seventh state added to Stream’s growing energy retail provider footprint, which includes Texas, Pennsylvania, New York, New Jersey, […]