Welcome to our dedicated page for QYOU MEDIA news (Ticker: QYOUF), a resource for investors and traders seeking the latest updates and insights on QYOU MEDIA stock.
QYOU Media Inc. (QYOUF) is a company operating in India and the United States, focusing on producing and distributing content from social media stars and digital content creators. The company has recently announced executive promotions and industry awards, reflecting strong growth in 2024, particularly in the influencer marketing segment. With a robust client portfolio including major brands like Paramount, Warner Brothers, Hulu, Amazon, and more, QYOU Media USA and Chtrbox in India are witnessing remarkable success in campaigns and engagements. The company's strategic expansions, such as the launch of a Business Intelligence unit in the US and the introduction of new CTV channels like QToonz and RDC Movies in India, highlight its commitment to innovation and growth.
QYOU Media Inc. (TSXV: QYOU, OTCQB: QYOUF) has revised its revenue guidance upward by 30% for the quarter ended June 30, 2021, raising the minimum forecast from $2 million to $2.6 million. The overall guidance for this quarter has also been increased to a range of $2.6 million to $2.7 million. Revenue growth was noted across all business segments, with record advertising sales from its Hindi-language youth channel, The Q. Anticipated July ad sales predict a fourth consecutive month of record revenue.
QYOU Media Inc. has received nominations for two significant awards due to its successful TikTok campaign, Croods Take TikTok. The Influencer Marketing Awards and The ThinkLA Idea Awards recognize the campaign's impact on driving engagement for The Croods: A New Age. The campaign generated 140 million organic views and 17 million engagements, growing its TikTok channel to over 660K subscribers. The awards ceremonies will be held virtually on July 22 and August 12, 2021. QYOU Media aims to enhance its influencer marketing capabilities, particularly following its acquisition of Chtrbox in India.
QYOU Media Inc. (OTCQB: QYOUF) announced the launch of five exclusive comedy series featuring popular YouTube stars Rochit Rojha and Ridhu Pidhu, set to debut in July and August 2021. The Q India channel has achieved an average of over 45 Gross Rating Points (GRP) for 11 consecutive weeks, driven by its hit programming and strategic content acquisition. The new series aims to enhance viewership and advertising partnerships as the channel continues to grow, reaching over 712 million viewers across multiple platforms.
QYOU Media Inc. (TSXV:QYOU; OTCQB:QYOUF) has acquired 97% of Chatterbox Technologies Private Limited (Chtrbox), an influencer marketing leader in India. The deal, finalized on June 15, 2021, emphasizes QYOU's aim to enhance its influencer marketing operations significantly in the region. Chtrbox, established in 2016, boasts a diverse influencer pool, including over 300,000 participants. This acquisition is expected to deliver immediate benefits, streamlining QYOU's broadcast efforts and bolstering its position within India's growing creator economy.
QYOU Media Inc. (TSXV: QYOU, OTCQB: QYOUF) announced the addition of Procter & Gamble, a global leader in consumer products, as an advertiser on its Hindi youth channel, The Q India.
With over 100 million TV households and 612 million OTT users, The Q has recently secured eight major advertisers in two months, driven by significant viewership growth, achieving a record 53 Gross Rating Points (GRP).
The company aims to maximize revenue potential from these partnerships.
QYOU Media Inc. (TSXV: QYOU) (OTCQB: QYOUF) announced a record achievement for its Hindi channel, The Q India, with a Gross Rating Point (GRP) of 53 in week 21 of 2021. This milestone reflects significant viewer engagement, with 94.65 million impressions and an average viewing time of 104.56 minutes. The channel is reaching over 100 million TV households and 612 million OTT users in India. CEO Curt Marvis highlighted the organic growth and potential for higher revenue as the channel continues to evolve rapidly without substantial marketing efforts.
QYOU Media Inc. (OTCQB: QYOUF) has announced the acquisition of Chatterbox Technologies Private Limited (Chtrbox), a prominent influencer marketing company in India. The share purchase agreement involves an initial acquisition of shares based on EBITDA multiples, with future earn-outs dependent on performance metrics over the next three years. This strategic acquisition aims to enhance QYOU Media's influencer marketing capabilities and boost its TV channel, The Q India, which has achieved significant viewer engagement. The integration is expected to drive growth in influencer-driven ad campaigns and social commerce.
QYOU Media Inc. (OTCQB: QYOUF) announced revenue guidance of $2 million for the June 30th quarter, driven by record audience growth in India. Following a surge in ratings for their flagship channel The Q, they project total revenue between $9 million and $10.7 million for the remainder of 2021. Despite a net loss of $2.6 million in Q3 2021, the company indicates strong advertising growth from major clients such as Pepsi and Amazon due to improved ratings.
QYOU Media Inc. (OTCQB: QYOUF) announced a live conference call on June 1, 2021, hosted by CEO Curt Marvis, to discuss updates on their operations in India and the US. Key topics will include growth achievements, plans for Q India, updates on the US Influencer Marketing business, and revenue guidance for 2021. Interested participants can join via Zoom or phone. QYOU Media focuses on content created by social media stars, reaching over 700 million consumers globally.
QYOU Media Inc. (OTCQB: QYOUF) announced the addition of Abbott India and Himalaya as new advertising partners for its Hindi channel, The Q India, which reaches over 100 million TV households and over 612 million OTT users in India. The channel has achieved strong ratings, averaging 45 Gross Rating Points (GRP) weekly since April, indicating significant revenue growth potential. Additionally, Ashish Kotekar has been appointed as Head of Ad Sales for the West and South regions, bringing extensive experience to enhance the company's advertising strategy.
FAQ
What is the current stock price of QYOU MEDIA (QYOUF)?
What is the market cap of QYOU MEDIA (QYOUF)?
What is QYOU Media Inc.?
What recent achievements has QYOU Media Inc. announced?
Which major brands are clients of QYOU Media Inc.?
What recent strategic expansions has QYOU Media Inc. undertaken?
What is the focus of QYOU Media Inc.'s operations?
How does QYOU Media Inc. contribute to the influencer marketing industry?
What regions does QYOU Media Inc. operate in?
Who are the key executives at QYOU Media Inc.?
What sets QYOU Media Inc. apart in the industry?
What is QYOU Media Inc.'s vision for the future?
