Qyou Media - QYOUF STOCK NEWS

QYOU Media Inc. (TSXV: QYOU, OTCQB: QYOUF) announced the launch of The Q India on two major cable platforms, DEN Networks and Hathway, expanding its reach in key Hindi-speaking markets, including Mumbai and Gujarat. The channel now reaches over 100 million TV households and 612 million OTT/mobile users. The Q is recognized as India's fastest-growing youth channel, achieving peak Gross Rating Points (GRP) of 52.96 in May 2021. The partnerships with these cable systems aim to boost audience engagement and ad sales.

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.