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QYOU Media Inc. (QYOUF)

Other OTC - Other OTC Delayed Price. Currency in USD
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0.1279+0.0199 (+18.41%)
As of 11:23AM EDT. Market open.

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  • M
    Marko Polo
    Q India Set To Launch New Gaming Channel Q GAMEX in September 2022

    Channel Will Be The First Targeting Young IndiaGamers on Connected TV and Digital Platforms

    Q India Brand Now Extends Across Five Broadcast and Digital Channels

    QYOU Logo (CNW Group/QYOU Media Inc.)

    Scroll to continue with contentAd

    QGame X Logo (CNW Group/QYOU Media Inc.)

    MUMBAI, India and TORONTO, Aug. 3, 2022 /CNW/ - QYOU Media  Inc. (TSXV: QYOU) (OTCQB: QYOUF) has announced today that QYOU Media India Pvt. Ltd., is launching Q GameX in September 2022, a 24x7 gaming channel which will stream gameplay matches and battlegrounds while taking the viewers through interesting insights on console/gaming equipment, unboxing experiences, tips and tricks and much more. Q GameX will reach digitally savvy young adults between the ages of 18 to 35 and monetize the viewership by working with brands and advertisers seeking that same audience.

    According to analysis by KPMG, India is set to become one of the world's leading markets in the gaming industry where it is expected to cross 450 million online gamers in 2023, second only to China. Growing steadily for the last five years, it is expected to treble in value and reach an overall value of $5 billion by 2025 driven by a rapidly growing younger population with higher disposable income. The total number of online gamers grew 8% from 360 million in 2020 to 390 million in 2021.

    Q India's flagship broadcast Hindi language channel was launched in 2019 and in 2022 the company has launched three new 24/7 channels (with Q GameX to be the fourth) all targeting the Young India demographic and leveraging content from a wide array of top social influencers and digital content creators. New broadcast channel Q Marathi was launched in spring 2022 and with the addition of three digital channels that have distribution through Connected TV's and digital outlets featuring genre specific content, the 2022 channel line-up looks as follows:

    Q India Channels Guide (CNW Group/QYOU Media Inc.)

    Q India Has Inked 70+ Connected TV Distribution Partnerships

    The focus on channels for the Connected TV audience is part of a growing effort to capitalize on a business that is already experiencing tremendous growth worldwide and in India specifically. Recent reports put the share of sales of Connected TV's in overall TV shipments in India to reach 84%. The Q India has established distribution agreements with 70+ Connected TV OEM's including Samsung, Xiaomi, One Plus, TCL and many more premium brands.

    Krishna Menon, COO of The Q India and who leads the current Connected TV platform efforts commented, "We are executing on our goal this year of becoming a leading provider of genre based channels to audiences adopting Connected TV's as a primary destination for their viewing time. Our unique and socially connected content style is perfectly aligned with what this audience is looking for. We believe that Q GameX presents an enormous opportunity on these platforms."

    Added QYOU Media CEO and Co-Founder Curt Marvis, "Investors in North America are keenly aware of the massive viewership and ad sales figures that have accompanied the explosive growth of Connected TV's and content outlets like Roku, Pluto and Tubi. Connected TV's and so called FAST (Free Ad Supported TV) channels have become an essential part of the media distribution landscape. We see the identical phenomenon occurring in India and plan on being a major beneficiary of this new and evolving way for consumers to view their favorite programming."

    Story continues

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  • J
    Jeff
    This stock is way overdue for some respect
  • J
    Johnny
    I am quietly loading up this stock. Will explode sooner or later
  • F
    Fossil
    Curt Marvis on Tel'gram...

    "Lot of hard work over the summer will begin manifesting in news shortly and regularly throughout the end of summer months. Stay tuned!!"
  • R
    RonnyV
    Man, a year ago Q studio USA would have enticed a trading halt. Now adays it barely gets a reaction and doesn't even move the price needle!
    Deep holder who still has confidence in the long term prospects but I tell you. Not much to get excited about for a while. Pretty much the same as all my Holdings of late. lol
  • R
    Rams
    wwwwoooowww USA !!!
  • C
    Cowboys Fan
    Deal in the air !!! Financing Partnership with a major media cie !!!
    Who knows !? UP 14% today on holiday season !!! Interesting to see !
  • F
    Fossil
    Feb 2022 article...regarding ad spending and OTT in India. Qyou has over 680 million users via OTT (connected TV), mobile and app based platforms in India...Qyou is in the right place at the right time.

    "The report, 'This Year, Next Year' 2022, projects ad spending to reach ₹107,987 crore, with a 22.2% growth over 2021"...

    "In 2022, we will also see addressable TV (OTT) coming to India in some scalable form, and a connected TV surge with smart TV sales and new fibre/broadband connections will be on the rise. Focusing on eCommerce, performance marketing, outcome-based media and addressable data is the WINNING (emphasis mine) formula in 2022," Kazi said".

    https://www.google.com/amp/s/m.economictimes.com/industry/services/advertising/ad-spends-in-india-set-to-zoom-past-1-lakh-crore-mark-in-2022/amp_articleshow/89600455.cms
  • L
    LordKristof
    When are Q2 results being released? Anyone knows what's happening with ratings in India?
  • C
    Cowboys Fan
    More info : The Corporation’s cash and working capital balances as at March 31, 2022 were approximately $5.1 million and $7.6 million, respectively. The Corporation has not incurred any debt other than a loan from the U.S. Small Business Administration under the Economic Injury Disaster Loan Program of which $59,743 of the principal amount of the loan is outstanding as at March 31, 2022. The Corporation reported that its cash used in operations for the financial quarter ended March 31, 2022 was approximately $1.3 million, and for the six months ended December 31, 2021, was approximately $5.5 million.
    The cash used in operations for the quarter ending March 31, 2022 represents a substantial decrease from prior quarters.
    The Corporation’s estimated cash flow requirements from operations are expected to continue to decline during
    the twelve-month period beginning on April 1, 2022 for the following reasons:
    (a) India Revenue Growth and Reduced Costs:
    India revenue increases and continued utilization of lower cost local manpower are anticipated to help the
    operations in India achieve cash flow breakeven during this period. For the quarter ended March 31, 2022, the
    Corporation reported revenue in India of approximately $3.9 million versus $0.06 million for the same period
    in 2021, and the current assets to support this revenue were $7.3 million as at March 31, 2022 compared to $1.1
    million of current assets as at March 31, 2021. Over the past year, the operations in India have grown
    - 11 -
    substantially and working capital has been required to fund that growth. Now that the operations have reached
    scale and the Corporation has improved the number of days in which trade receivables are outstanding,
    considerably less working capital is anticipated to be required to fund the continued revenue growth.
  • T
    Thomas
    I have rules about the size of one position in my portfolio. If this could go down a little more I could justify buying more :D :D :D
  • W
    WKRP
    Considering buying if this falls a bit more.
  • R
    RBL
    India to equal China’s population this year. Huge market and at its early stages.. A lot can happen over the next few years as it overtakes China in numbers … ground floor on this one…now that it has made a solid stake in the media industry there.
  • C
    Cowboys Fan
    Interesting to see which new partner may appears with this future financing... Any idea !?
  • F
    Fossil
    Jace Sparks on Dis'cord:

    I cannot stress enough how everything we've done so far has prepared us for the picture above (speaking of Qyou road map) Most people probably still see us as Television network,
    or an Influencer company, that would be a mistake. I challenge you all to think bigger.
    Our roadmap is very real, a lot of the stuff we're doing is stealth mode, i think that's apparent.
  • Y
    Yuri
    Until there is negative impacts internally in the company, i will be adding more. As Curt said, in a bullish market we should be above the $1 range. I also like that in his most recent interview he said he will be talking to investors world wide to buy into the company. It shows that he actually cares about shareholders money
  • z
    zaif
    T minus 15 days
  • T
    Thomas
    qyou is +6.25% on a -2% Russel2000-day... qyou's investors know what they are holding! Pat yourself on the back guys!
  • R
    RBL
    Very bullish on this for the future … I am surprised we are as low as we currently are , patience will pay off on this one …IMO Big Time…..Go Q…!!!!!