News: TORONTO, DUBLIN, and LOS ANGELES, April 24, 2018
QYOU Triples Global Distribution in 6 Months to Reach 300M+ Audience
Canada NewsWire
TORONTO, DUBLIN, and LOS ANGELES, April 24, 2018
Growth driven by new distribution partnerships across Asia, Africa, Europe, and North America - including iflix, Super Channel, Go Media and Jio
Global distribution growth driving creation and distribution of popular new original programming formats including esports flagship format Heads Up Daily (HUD)
QYOU Media Co-Founder and Chairman G. Scott Paterson and newly announced board member Steve Beeks, each raised their shareholdings in the company this month.
TORONTO, DUBLIN, and LOS ANGELES, April 24, 2018 /CNW/ - QYOU Media (TSXV: QYOU OTC: QYOUF), the world's leading curator of premium 'best-of-the-web' video for multiscreen distribution, today announced that its programming formats now reach an addressable audience of more than 300 million consumers globally. This marks a threefold increase in distribution reach in six months, fueled by significant new partnerships across Asia, Africa, Europe and North America.
QYOU Media Inc. (CNW Group/QYOU Media Inc.)
New partnerships with iflix, Go Media and Jio combined with the launch of the company's first original programming format, Heads Up Daily (HUD) have driven this growth. HUD, a one-hour daily esports format was picked up by Canada's Super Channel and most recently WPT Distribution, reflecting the growing appetite for broadcast quality esports content for multiscreen television distribution.
Curt Marvis, CEO and Co-Founder, QYOU Media says: "We're living through a period of incredible change as the largest generation ever born and the Gen Z's that follow them dramatically remake the entertainment landscape with a love of short-form and social video content. More and more, we're engaging with broadcasters, MVPDs and mobile network operators who understand that to meet the needs of these subscribers they have to have the best of that digital-first content integrated as part of their programming line-ups.
This shift in consumer appetite has driven a three-fold increase in our programming reach over the last six months alone, with QYOU programming now available to more than 300 million customers worldwide. With this large global footprint, we have the foundation and momentum to launch a number of exciting new original programs and monetizable branded content offerings."
In additional news, recently retired Co-COO of Lions Gate Entertainment Steve Beeks - who announced in March that he is joining the QYOU Board of Directors, and QYOU Media co-Founder and Chairman G. Scott Paterson each acquired 279,000 shares of QYOU Media Inc. in the month of April 2018. Details on these transactions can be found on Sedar.
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