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QYOU Media Inc. Reports Record Q1 Revenue

  • Quarterly revenues increase 69% year over year on record quarterly revenue surpassing $1.5M

DUBLIN, IrelandLOS ANGELES and TORONTONov. 29, 2017 – QYOU Media Inc. (TSXV: QYOU) (“QYOU Media”) a global media company that curates and packages premium ‘best-of-the-web’ video for multiscreen distribution has reported financial results for the quarter ended September 30, 2017. All figures appear in Canadian dollars.

Financial Highlights for the Quarter

  • For the quarter ending September 30, 2017, revenues were $1,514,938, compared to revenues of $897,057 for the three months ended September 30, 2016.
  • The adjusted Net Loss increased 23% to $923,210 for the period ended September 30, 2017 compared to $751,232 for the same period in 2016 due primarily to increased operating expenses to support revenue growth.
  • Balance of cash and cash equivalents was $1,982,841 compared to $1,256,050 for the same period in 2016 and represented a reduction of $600,125 from the previous quarter in 2017.

QYOU Media’s CEO Curt Marvis stated, “QYOU continues to build momentum via our strong global partnerships with companies like TATA Sky, Ericsson and Sinclair Broadcast Group. We anticipate a strong finish to 2017 and expect to enter 2018 with great momentum including the launch of HUD, our flagship esports format in January. Our recent launches of localized content in India and Poland has solidified our leadership position in these markets. In addition, our recently completed$5.75 million financing via Clarus Securities has strengthened our balance sheet and provides us growth capital.”

Detailed information in QYOU Media’s financial statements for the three months ended September 30, 2017 and 2016, the notes to the financial statements and QYOU Media’s interim management discussion and analysis and quarterly highlights have been posted to the Company’s website and have been filed under QYOU Media Inc.’s profile on SEDAR at www.sedar.com.

About QYOU Media Inc.

QYOU Media Inc. is a fast-growing global media company that curates and packages premium ‘best-of-the-web’ video for multiscreen distribution. Founded and created by industry veterans from Lionsgate, MTV, and CinemaNow, QYOU’s millennial-focused products including linear television networks, genre-based series, mobile apps, and video-on-demand formats reach millions of customers on six continents. Distribution partners include Sinclair Broadcast Group, Vodafone, 21st Century Fox, Liberty Global, Telenor and TATA Sky. More information on QYOU Media can be found at www.theqyou.com.

Non-GAAP Financial Measures

This press release makes reference to certain non-GAAP financial measures. These measures are not recognized measures under IFRS, do not have a standardized meaning prescribed by IFRS and may not be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement IFRS financial measures by providing further understanding of QYOU Media’s results of operations from management’s perspective. QYOU Media’s definitions of non-GAAP measures used in this press release may not be the same as the definitions for such measures used by other companies in their reporting. Non-GAAP measures have limitations as analytical tools and should not be considered in isolation nor as a substitute for analysis of QYOU Media’s financial information reported under IFRS. QYOU Media uses non-GAAP financial measures, including “adjusted net loss”, to provide investors with supplemental measures of its operating performance and to eliminate items that have less bearing on operating performance or operating conditions, and thus highlight trends in its core business that may not otherwise be apparent when relying solely on IFRS financial measures. QYOU Media defines “adjusted net loss” as the company net loss, less non-cash related expenses of $412,843 (stock based compensation of $142,149, foreign exchange of $264,217 and depreciation of $6,477).

QYOU Media believes that securities analysts, investors and other interested parties frequently use non-GAAP financial measures in the evaluation of issuers. QYOU Media’s management also uses non-GAAP financial measures in order to facilitate operating performance comparisons from period to period.


Contacts
Jeff Walker
Investor Relations, The QYOU
+1 403 221 0915
jeff@howardgroupinc.com

Natasha Roberton
VP Marketing, The QYOU
+49 152 2254 7680
tash@qyoutv.com

Forward-looking Statements
This press release contains certain forward-looking statements within the meaning of applicable securities laws, including statements regarding QYOU Media’s financial outlook, partnerships and new product launches, future financial performance and any growth or expansion of operations. Words such as “expects”, “anticipates” and “intends” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on QYOU Media’s current projections and expectations about future events and financial trends that management believes might affect its financial condition, results of operations, business strategy and financial needs, and on certain assumptions and analysis made by QYOU Media in light of the experience and perception of historical trends, current conditions and expected future developments and other factors management believes are appropriate. These projections, expectations, assumptions and analyses are subject to known and unknown risks, uncertainties, assumptions and other factors that could cause actual results, performance, events and achievements to differ materially from those anticipated in these forward-looking statements. Although QYOU Media believes that the assumptions underlying these forward-looking statements are reasonable, they may prove to be incorrect, and readers cannot be assured that actual results will be consistent with these forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements as a result of numerous factors, including certain risk factors, many of which are beyond QYOU Media’s control. Additional risks and uncertainties regarding QYOU Media are described in its publicly-available disclosure documents, filed by QYOU Media on SEDAR (www.sedar.com) except as updated herein. The forward-looking statements contained in this news release represent QYOU Media’s expectations as of the date of this news release, or as of the date they are otherwise stated to be made, and subsequent events may cause these expectations to change. QYOU Media undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

QYOU joins YoufoneTV line-up in Netherlands

  • QYOU’s linear channel has been incorporated into YoufoneTV, the newly launched OTT service from the Dutch SIM-only provider, Youfone
  • New agreement marks QYOU’s fifth deal in the Netherlands, showing the momentum for short form video content in the region

TORONTO, DUBLIN, and LOS ANGELES, Nov. 24, 2017 – QYOU Media (TSXV: QYOU), the world’s leading curator of premium ‘best-of-web’ video for multiscreen distribution, today announces its linear channel will be available as part of Youfone’s programming line-up on its recently launched OTT service, YoufoneTV. The QYOU’s content will be rolled out to Youfone’s 170,000 mobile subscribers as it looks to engage millennial audiences with the best of short form video through its multiscreen offering.

Youfone is a rapidly growing sim-only provider in the Netherlands, targeting millennials who do not want to be tied into long contracts, preferring to use the device of their choice. To extend its reach among this audience, Youfone launched a new digital OTT service called YoufoneTV last year. The service is targeted at the 18-39 demographic and offers freedom to choose how they watch the highest quality TV. Youfone selected QYOU’s expertly curated ‘best-of-the-web’ channel to meet the tastes of consumers raised on a diet of short form video and viral media.

Tim Seegers, Content Manager, YoufoneTV commented: “Millennials are on the move all the time and comfortable with using a range of devices. YoufoneTV is therefore designed for a highly mobile audience with a multiscreen offering that suits their lifestyles. For Youfone to be successful we need to feature entertainment that reflects the tastes and interests of our younger customers – QYOU’s channel helps us do exactly that.”

The new distribution agreement shows the growing momentum of online video content in the Netherlands.

Curt Marvis, CEO and Co-Founder, QYOU Media says: “There is no doubt that the Netherlands is leading the world when it comes to evolving content strategies that meet the needs of millennial audiences. This is shown clearly by the fact this is our fifth agreement in the country in the last two years. We’re really excited to work with Youfone to introduce more Dutch viewers to the never-dull, always-entertaining world of QYOU.”

About QYOU Media

QYOU Media Inc. is a fast-growing global media company that curates and packages premium ‘best-of-the-web’ video for multiscreen distribution. Founded and created by industry veterans from Lionsgate, MTV, and CinemaNow, QYOU’s millennial-focused products including linear television networks, genre-based series, mobile apps, and video-on-demand formats reach millions of customers on six continents. Distribution partners include Sinclair Broadcast Group, Vodafone, 21st Century Fox, Liberty Global, Telenor and TATA Sky.

About Youfone

Youfone is a provider of sim only subscriptions, especially to young adults (18-39 years). The provider has grown rapidly in recent years, amongst others, through acquisitions. The Rotterdam Telecom Challenger and FD Gazelle are increasingly engaging in connecting services. Youfone looks beyond the limits within its own industry, but also offers innovative products via smartphone or tablet to actively engage new consumers.


Contacts

Holly Searle
Platform Communications for QYOU Media
+44 (0) 207 486 4900
holly@platformcomms.com

Jeff Walker
Investor Relations – for QYOU Media
+ 1 403 221 0915
jeff@howardgroupinc.com

Natasha Roberton
VP Marketing, QYOU Media
+49 152 2254 7680
tash@qyoutv.com

QYOU Media (TSXV: QYOU) – The World Is Watching

Investors frequently tend to only focus on business and financial news as it relates to emerging companies keeping an eye on their investments.

QYOU Media had four significant news releases in the month of October as it shared growth in new global markets as well as announcing the milestone reach of 100 million people.

  • QYOU launches first localized channel in Poland with Mediakraft
  • QYOU set to launch daily esports TV and multiplatform series with Super Channel
  • QYOU strikes again in Portugal with NOWO
  • QYOU Achieves 100 Million Reach Milestone

QYOU Management shared that the reach of these four announcements went far beyond the normal channels of a news release and the summary below has links to 49 additional pieces of coverage across the globe in the month of October.

Click to view summary

 

QYOU Media Raises $5 Million via Bought Deal

TORONTO, ONTARIO and DUBLIN, IRELAND and LOS ANGELES, CALIFORNIA (Oct. 31, 2017) QYOU Media Inc. (TSX VENTURE:QYOU) (the “Company” or “QYOU“) has today entered into an agreement with Clarus Securities Inc. (the “Underwriter“), pursuant to which Clarus Securities has agreed to purchase, on a bought deal basis, 13,514,000 units (the “Units“) of the Company at a price of C$0.37 per Unit (the “Offering Price“) for aggregate gross proceeds to the Company of C$5,000,180 (the “Offering“). Each Unit will be comprised of one common share of the Company (a “Unit Share“) and one-half of one common share purchase warrant (each whole common share purchase warrant, a “Warrant“). Each Warrant will entitle the holder thereof to purchase one common share of the Company (a “Warrant Share“) at a price of C$0.55 per Warrant Share for a period of 24 months following the Closing Date (as defined below).

The Company has also agreed to grant the Underwriter an over-allotment option to purchase an additional 2,027,100 Units at the Offering Price, exercisable in whole or in part, for a period ending 30 days from and including the Closing Date. In the event the over-allotment option is exercised in full, the aggregate gross proceeds of the Offering will be C$5,750,207.

The Units will be offered in each of the provinces of British Columbia, Alberta and Ontario by short form prospectus. The Units may also be sold to United States purchasers on a private placement basis pursuant to an exemption from the registration requirements in Rule 144A of the United States Securities Act, and in those jurisdictions outside of Canada and the United States which are agreed to by the Company and the Underwriters, where the Units can be issued on a private placement basis, exempt from any prospectus, registration or other similar requirements.

The Offering is expected to close on or about November 21, 2017 (the “Closing Date“) and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange.

In connection with the Offering, PowerOne Capital Markets Limited has been appointed as a special advisor to the Company.

The Company intends to use the net proceeds from the Offering for working capital and general corporate purposes.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities of QYOU Media Inc. in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities offered have not been and will not be registered under the United States Securities Act of 1933, as amended, or any U.S. state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons unless registered under the United States Securities Act of 1933, as amended, and applicable state securities laws or unless an exemption from such registration is available.

About QYOU Media Inc.

QYOU Media Inc. (TSX VENTURE:QYOU) is a fast-growing global media company that curates and packages premium ‘best-of-the-web’ video for multiscreen distribution. Founded and created by industry veterans from Lionsgate, MTV, and CinemaNow, QYOU’s millennial-focused products including linear television networks, genre-based series, mobile apps, and video-on-demand formats reach millions of customers on six continents. Distribution partners include Sinclair Broadcast Group, Vodafone, 21st Century Fox, Liberty Global, Telenor and TATA Sky. More information on the company can be found at www.theqyou.com.


Contact Information

QYOU Media Inc.
Curt Marvis
Chief Executive Officer
curt@theqyou.com

Forward-looking Statements
This press release contains certain forward-looking statements within the meaning of applicable securities laws, including statements regarding the Offering and the Closing Date. Words such as “expects”, “anticipates” and “intends” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on QYOU’s current projections and expectations about future events and other factors management believes are appropriate. Although QYOU believes that the assumptions underlying these forward-looking statements are reasonable, they may prove to be incorrect, and readers cannot be assured that the Offering and the closing thereof will be consistent with these forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements as a result of numerous factors, including certain risk factors, many of which are beyond QYOU’s control. Additional risks and uncertainties regarding QYOU are described in its publicly-available disclosure documents, filed by QYOU on SEDAR (www.sedar.com) except as updated herein. The forward-looking statements contained in this news release represent QYOU’s expectations as of the date of this news release, or as of the date they are otherwise stated to be made, and subsequent events may cause these expectations to change. QYOU undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

QYOU Media Announces Shareholder Update Call Tuesday October 24th, 2017

  • QYOU Media Chairman G Scott Paterson Interview by Capital Ideas Mark Bunting ‎to be aired on BNN Sunday October 22, 2017 at 9 pm ET

DUBLIN, LOS ANGELES and TORONTO, Oct. 20, 2017 – QYOU Media Inc. (TSXV: QYOU) (“QYOU Media” or the “Company”) announced today that CEO Curt Marvis and Chairman G. Scott Paterson will host a live conference call on Tuesday, October 24th, 2017 at 4:10 PM ET. A question and answer period will follow the presentation and discussion.

Topics to be discussed include:

  • Significance of recent announcements regarding QYOU’s expanding global distribution of its “best of the web” video programming.
  • Launch of a Polish localized QYOU Polska channel in November.
  • The flourishing TV market in India and an update on the localization plans with Tata/Sky.

To access the conference call by phone within Canada and the U.S.A. dial 888-231-8191 and outside Canada and the U.S.A. dial 647-427-7450. Callers should dial in five to ten minutes prior to the scheduled start time.

Management will accept questions by telephone, and individuals wishing to ask a question during the call can do so after the formal presentation.

An archive of the call will be available on QYOU’s website as soon as it is made available from the conference call provider.

Chairman Interview:

Scott Paterson is the lead interview on the latest episode of Capital Ideas TV. The show features the leaders of innovative growth companies and has a large viewership made up of targeted, relevant, do-it-yourself investors, many of them high-net worth. Mr. Paterson is interviewed by host Mark Bunting. The show can be seen on Business News Network on Sunday, October 22 at 9 pm ET6 pm PT. Mr. Paterson’s interview can also currently be seen on Youtube at www.youtube.com/capitalideastv

About QYOU Media Inc.
QYOU Media Inc. is a fast-growing global media company that curates and packages premium ‘best-of-the-web’ video for multiscreen distribution. Founded and created by industry veterans from Lionsgate Entertainment, MTV, and NewsCorp, QYOU’s millennial-focused products including linear television networks, genre-based series, mobile apps, and video-on-demand formats reach millions of customers on six continents. Distribution partners include Sinclair Broadcast Group, Vodafone, 21st Century Fox, Liberty Global, Telenor and TATA Sky.


Contacts

Jeff Walker
Investor Relations – for QYOU Media
+ 1 403 221 0915
jeff@howardgroupinc.com

Natasha Roberton
VP Marketing, QYOU Media
+49 152 2254 7680
tash@qyoutv.com

This news release contains unaudited financial information concerning QYOU Media, prepared by management and remains subject to audit.

It also contains forward-looking statements, including but not limited to terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. Forward-looking statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause QYOU Media or its industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements contained in this news release including, without limitation those described in the Management’s Discussion & Analysis for the nine months ended March 31, 2017, and the audited financial statements for the year ended December 31, 2016 and notes thereto for its subsidiary.

Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

“QYOU’s Profitability Is Right Around The Corner”

Pending profitability, recurring revenues, and being THE world leader in short-form video content were the points tabled by QYOU Media’s Chairman G. Scott Paterson in a just released interview with Capital Ideas Media publisher, Mark Bunting.

Mr. Bunting bills the interview as “talking to the charismatic, irrepressible and high-energy Scott Paterson, one of Bay Street’s most prolific dealmakers and the Chairman of QYOU Media. Find out how this company is creating a new MTV by packaging web videos for broadcasters and targeting the millennial market.”

In the writer’s view, Mr. Bunting mentioned MTV, as the founders of that very successful company (and groundbreaking for its time) are the founders of QYOU Media.

In addition to the discussion about the rapid pace of revenue growth, Mr. Paterson makes the following key points, as well as the investment thesis for why people should seriously entertain becoming shareholders.

  • Viewership of short-form video “dwarfs” television viewing
  • Growth of mobile video exceeds cannabis sales at nearly 50% per year
  • QYOU Media partners with “major media conglomerates” such as Sinclair Broadcasting
  • 70% – 80% of QYOU Media revenue is recurring partly due to fees
  • QYOU Media recently launched with Lufthansa Airlines and Buffalo Wild Wings
  • QYOU Media has partnerships with Vodafone, Liberty Sky, Tata and others

Mr. Paterson’s interview is the first segment in the program.

Below is the Financial Model referenced during the interview that illustrates management’s thinking on growth in 2017 and 2018.

As a reminder, Clarus Securities Technology Analyst Joseph MacKay has a $1.10 Target Price on QYOU.  For more information on the Clarus report, please click here. 


On the heels of recently announcing that the company’s premium ‘best-of-web’ video for multiscreen distribution for its programs and linear channels now reaches an addressable audience of more than 100 million consumers across six continents, QYOU added to those numbers today (October 10th) with more news titled, QYOU strikes again in Portugal with NOWO.

Here are some key highlights from today’s news release:

  • QYOU Media’s linear channel will bring best-of-web video content to almost a million additional homes through NOWO TV service.
  • The agreement sees further expansion of the QYOU channel reach across Western Europe.

To read the news release, please click here.

QYOU Achieves 100 Million Reach Milestone

  • Growth driven by content offerings on Sinclair’s US broadcast net – TBD, and QYOU India on TATA Sky. Company expects continued reach to new audiences to grow rapidly
  • The audience for QYOU programming extends beyond broadcast and cable to include mobile, over-the-top, and out-of-home delivery

Toronto/Dublin/Los Angeles October 2, 2017 – QYOU Media (TSXV: QYOU), the world’s leading curator of premium ‘best-of-web’ video for multiscreen distribution, today announced that its programs and linear channels reach an addressable audience of more than 100 million consumers across six continents. The company’s rapidly expanding reach demonstrates a growing appetite for millennial-programming globally.

This year, QYOU has launched the new TBD multicast network in the US with Sinclair Broadcast Group, which brings curated digital-first shows and series to TV audiences for the first time. The company has also signed the largest deployment of its QYOUchannel to date with an expansion of its partnership with TATA Sky in India, bringing QYOU’s programming to its mobile, TV,  and on-demand services. The company continues its push into these larger markets with localized content partnerships adding value to the offering for consumers, distributors, and advertisers.

Younger, digital-first generations have grown up on a diet of online video and flock to popular video platforms such as YouTube, Vimeo, Daily Motion, Twitch, Snapchat, and Facebook to satisfy their appetite for bite-sized content. According to eMarketer, 54% of 18-34 year olds use YouTube every day and this number is only expected to increase in the coming years. There is also a growing appetite for short-form online video in developing markets, where viewers are often mobile-first.

As more broadcasters, mobile operators and content owners look to target hard-to-reach youth audiences, The QYOU’s 24/7 linear channel of ‘best-of-web’ curated online video and also the creation of its bespoke shows have been in high demand. In the first half of 2017, QYOU signed a total of 8 new distribution agreements extending the reach of its content in Europe, the Middle East, Africa, Asia, Australia, Latin America and the US, as well as launching its content into new regions such as Sub-Saharan Africa and the Caribbean.

The company’s linear channel, The QYOU, is distributed to cable and OTT services run by TATA Sky, Vodafone, T Mobile, Telenor, Tele2, United Group, M7, TotalPlay and Play Poland. It produces the TBD multicast channel in the US for the Sinclair Broadcast Group; and it’s custom programming clients include Fox Sports, Liberty Global, Showmax Africa, Lufthansa, Buffalo Wild Wings, and FlowSports.

Curt Marvis, CEO and Co-Founder, QYOU Media says: “We’re heading into Q4 of 2017 with amazing new opportunities coming down the pike, that will see us extend our reach even further across Asia and Europe. This is on top of what has already been a high growth year for us: we listed on the Canadian TSX Venture Exchange, while concurrently signing some of our biggest distribution deals to date. Our programming is now available to more than 100 million customers across six continents, from the most densely populated urban cities on earth to remote mining sites in outback Australia. Our momentum is continuing to gather pace as more and more forward-thinking media companies realize that they too can harness the popularity of curated short-form content for their subscribers.”

About QYOU Media
QYOU Media Inc. (TSXV:QYOU) is a fast-growing global media company that curates and packages premium ‘best-of-the-web’ video for multiscreen distribution. Founded and created by industry veterans from Lionsgate, MTV, and CinemaNow, QYOU’s millennial-focused products including linear television networks, genre-based series, mobile apps, and video-on-demand formats reach millions of customers on six continents. Distribution partners include Sinclair Broadcast Group, Vodafone, 21st Century Fox, Liberty Global, Telenor and TATA Sky.

Contacts

Holly Searle
Platform Communications – for QYOU Media
+44 (0) 207 486 4900
holly@platformcomms.com

Jeff Walker
Investor Relations – for QYOU Media
+ 1 403 221 0915
jeff@howardgroupinc.com

Natasha Roberton
VP Marketing, QYOU Media
+49 152 2254 7680
tash@qyoutv.com

QYOU increases its focus in India with new partnerships and formats

  • Following the expansion of reach to 17M Tata Sky subscribers earlier this year, QYOU is increasing its focus on India with a series of new content partnerships and localized programming in the region

  • QYOU India has partnered with leading digital media company Culture Machine to license their content across QYOU’s platforms

Toronto/Dublin/Los Angeles 13 September 2017 – QYOU Media (TSXV: QYOU), the world’s leading curator of premium ‘best-of-web’ video for multiscreen distribution is growing its operations in India following the success of its partnership with Tata Sky. The expansion includes new content partnerships with leading digital creators and the launch of a localized version of its linear feed to cater the tastes of local audiences and meet the needs of broadcast, cable, and mobile operators in India.

India has a flourishing TV market, currently ranking third in the world after the US and China. Much of the TV consumption growth in the region is driven by mobile and broadband. Following the success of The QYOU’s partnership with Tata Sky, where its programming is available to subscribers through the content distribution company’s mobile app and TV channel, QYOU has gone on to sign a series of partnerships with content creators and distributors in the region to boost its presence further.

The partnerships include Culture Machine, a leading digital media company backed by cutting edge technology, with many of the most popular Indian digital networks under its umbrella; Desi Hip Hop Inc, a platform for South Asian hip hop culture; and TheVibe a curator of contemporary Indian lifestyle video content. Through these partnerships and by curating tailored content for the region, QYOU Media will feature localized programming that caters and appeals to Indian viewers. In addition to distribution of Indian content to customers in India, QYOU intends to incorporate certain shows and clips into its other channel feeds and programming around the world.

Curt Marvis, CEO and Co-Founder, QYOU Media says: “India is one of the most exciting markets in the world right now. The huge number of mobile and multiscreen viewers, particularly millennials who form around a third of the Indian population, is really driving the convergence of online video and television there. We are excited to partner with digital innovators Culture Machine, Desi Hip Hop Inc. and TheVibe, which opens-up a myriad of possibilities for us to create more localized content that reflects the unique voice and flavor of India. We plan on building on our work with Tata Sky to gain an even greater footprint in this market moving forward.”

Culture Machine President, Tuhin Menon, adds: “We are excited to partner with QYOU to explore the full scope of our digital first media brands – Being Indian, Blush, Awesome Sauce, Viva and Put Chutney – all of which enjoy pole position in their respective categories. Through this partnership, viewers of the digital broadcast network TBD in the USA, as well as subscribers of QYOU’s offerings globally on linear and VOD platforms, will be able to watch Culture Machine’s varied stable of digital first programming. This content collaboration will pave the way for a wider engagement with CM’s patented Video Machine platform in the coming months. We look forward to building out this engagement further”.

About QYOU Media
QYOU Media Inc. is a fast-growing global media company that curates and packages premium ‘best-of-the-web’ video for multiscreen distribution. Founded and created by industry veterans from Lionsgate, MTV, and CinemaNow, QYOU’s millennial-focused products including linear television networks, genre-based series, mobile apps, and video-on-demand formats reach millions of customers on six continents. Distribution partners include Sinclair Broadcast Group, Vodafone, 21st Century Fox, Liberty Global, Telenor and TATA Sky.

Contacts

Holly Searle
Platform Communications – for QYOU Media
+44 (0) 207 486 4900
holly@platformcomms.com

Jeff Walker
Investor Relations – for QYOU Media
+ 1 403 221 0915
jeff@howardgroupinc.com

Natasha Roberton
VP Marketing, QYOU Media
+353 (87) 792-7166
tash@qyoutv.com

 

 

QYOU Media Is A BUY – Clarus Securities Research – Target Price 170% Above Current Market

Joseph MacKay who is the Technology Analyst for Clarus Securities has just initiated coverage on QYOU Media with a $1.10 Target Price, calling it Undervalued; “QYOU is trading at 4.4x and 1.8x 2018E and 2019E EV/EBITDA in a sector that typically trades at 8.0x-12.0x. We believe that as revenue ramps in 2H17 and as the company becomes EBITDA positive in Q1/18, this valuation discrepancy will disappear.”

As of this writing, the stock was trading in the $0.40 range with Clarus accounting for approximately 40% of the volume of close to 400 thousand shares.

QYOU Media, which is lead by the team that steered MTV, Atlantic Records and Lionsgate Digital to great success, has already created over 5,000 hours of original programming with its “Best-of-the-Web” video content for multiscreen distribution that targets the millennial and Gen-Z market through global content providers on any device. Its programming is now aired in more than 30 countries.

QYOU has proprietary technology that underpins its ability to identify premium “best-of-the-web” content.

Mr. Mackay commented that the low valuation comes from a lack of investor knowledge as QYOU is new to the market as it only began trading in March of this year with the completion of a Reverse Take-Over and it has a short history of publicly reporting financial results.

Below are the analyst’s forecasts through 2019, which call for more than a doubling of revenues in 2018 compared to this year and a healthy jump to more than $25 million in 2019. Mr. MacKay’s statement that the company is slated to become EBITDA positive in Q1/2018 also reflects management’s public position.

Mr. MacKay notes QYOU’s marquee customers, which speaks to the quality and attractiveness of the programming. He noted a few major names; “QYOU provides content to Sinclair’s TV station, “TBD”, which will be available over-the-air in 81 U.S. markets by the end of 2017. With Tata Sky, QYOU is providing content to 17M connections while with Ericsson, QYOU’s content has been added to Ericsson’s new delivery platform which is being rolled out to over 40 service providers”.

The market tends to embrace companies with a strong recurring revenue stream. QYOU is now at the front end of that growth, which prompted the comment from the analyst that, “With the typical contract 2-4 years in length, 70-80% of QYOU’s revenue is recurring on an annual basis. Based on our forecast, QYOU will be EBITDA positive in Q1/18 and will generate $4.9MM in EBITDA in 2018 up from negative $2.7MM in 2017”.

To view QYOU’s latest investor presentation and other related material, please visit: https://howardgroupinc.com/qyou-media/

The QYOU Presentation Now Available for On-Demand Viewing

Company invites individual and institutional investors as well as advisors to log-on to VirtualInvestorConferences.com to view presentation

TORONTOJuly 17, 2017 / The QYOU (TSXV: QYOU), based in Toronto, focused on curation and programming of short-form video content for the Video-Everywhere age, today announced that the July 13 presentation from Curtis Marvis, Founder and CEO, is now available for on-demand viewing at VirtualInvestorConferences.com.

LINK:  https://tinyurl.com/0713postpr

The QYOU’s presentation will be available 24/7 for 90 days. Investors and advisors may download shareholder materials from the “virtual trade booth” for the next three weeks.

Recent Company Highlights

  • The QYOU recently partnered with the Indian television provider Tata Sky in June 2017.
  • The QYOU partnered with European telecommunications operator, Tele2 in April 2017.
  • The QYOU recently partnered with Caribbean telecommunications operator Flow to provide sports content.

About The QYOU
QYOU Media Inc. is a fast-growing global media company that curates and packages premium ‘best-of-the-web’ video for multiscreen distribution. Founded and created by industry veterans from Lionsgate, MTV, and NewsCorp, QYOU’s millennial-focused products including linear television networks, genre-based series, mobile apps, and video-on-demand formats reach millions of customers on six continents. Distribution partners include Sinclair Broadcast Group, Vodafone, 21st Century Fox, Liberty Global, Telenor and TATA Sky.

About VirtualInvestorConferences.com
Since 2010, VirtualInvestorConferences.com, created by BetterInvesting (NAIC) and PRNewswire, has been the only monthly virtual investor conference series that provides an interactive forum for presenting companies to meet directly with investors using a graphically-enhanced online platform.

Designed to replicate the look and feel of location-based investor conferences, Virtual Investor Conferences unites PR Newswire’s leading-edge online conferencing and investor communications capabilities with BetterInvesting’s extensive retail investor audience network.

View original content with multimedia:http://www.prnewswire.com/news-releases/the-qyou-presentation-now-available-for-on-demand-viewing-300488901.html

For further information

The QYOU Contacts:
Holly Searle
Platform Communications – for QYOU Media
+44 (0) 207 486 4900
holly@platformcomms.com

Jeff Walker
Investor Relations – for QYOU Media
+ 1 403 221 0915
jeff@howardgroupinc.com

VirtualInvestorConferences.com
John Viglotti, VP, Investor Relations Products and Services,
Cision / PR Newswire / MultiVu,
+1.201.360.6767
john.viglotti@prnewswire.com