Newly Launched Channels QToonz and
RDC Movies Builds QPlay+ & CTV Offering to Seven
Channels
Global Distribution Partnership With ZEASN
Opens Their Installed Base to 85 Million CTV's Worldwide
MUMBAI,
India and TORONTO,
March 27,
2024 /CNW/ - QYOU Media Inc., (TSXV: QYOU)
(OTCQB: QYOUF) a company operating in India and the United
States producing and distributing content created by social
media stars and digital content creators has announced two major
new channel launches along with a significant distribution
agreement expanding its global Connected TV (CTV) distribution via
QPlay+ and its growing universe of direct CTV distribution
partnerships. The two new CTV channels, QToonz
and RDC Movies feature premium animation series
and South Indian movies respectively, growing the diverse CTV
channel offering in the world's fastest growing television
distribution marketplace. QYOU Media India's growing portfolio of
seven FAST (Free Ad Supported TV) CTV channels - now includes:
The Q, The Q Kahaniyan, Q GameX, Sadhguru TV, Bollywood
Hungama, QToonz and RDCMovies. All channels are offered to
users for free and drive revenue on an ad supported basis
leveraging the deep advertiser relationships established in
India with dozens of top global
brands.
The Connected TV (CTV) business in both India and globally continues to grow at an
unprecedented rate with 9 out of 10 TV's sold in India last year being Smart TV's.* A recent
article in Exchange4Media** noted that CTV in India is expected to have 40 Million homes by
2026 up from the current estimate of 19 Million in 2024. In
addition, broadband proliferation throughout the country is
expected to boost that number to 100 Million by 2030. Ad revenues
globally in the Connected/Smart TV space have also experienced a
rapid rise over the last several years driving $25.9 billion in revenue globally representing
a CAGR of 13.2% in 2023.
Two New CTV Channels:
The QToonz channel (PromoLink) is a partnership
with legendary Indian animation producer Toonz Media Group. Toonz
has created animation series and content for the largest media
companies in the world including virtually every major US studio
from Disney to Paramount and via content partners from Marvel to
the BBC. QToonz will feature a diverse range of
multi-genre animation content appealing to audiences from children
to young adults. P. Jayakumar, CEO of Toonz Media Group commented,
"We are excited to partner with QYOU to launch this FAST channel in
India which will be powered 100%
with Toonz managed content. By leveraging their reach into various
platforms, we are now in an even better position to offer high
quality Toonz kids content."
RDC Movies (PromoLink) is a unique addition to the
India CTV channel universe and features megastars featured in
hundreds of movies from South
India that have been dubbed into Hindi. From
adrenaline-pumping action films to heart wrenching dramas, RDC
Movies caters to a Hindi audience that is passionate about the
films and stars that have been created from a South India film industry that now rivals
Bollywood. Durgaram Choudary,
Founder & CEO of RDC Media added, "We are constantly looking
for new avenues to distribute and monetize our rich catalog of
movies and FAST is an emerging opportunity that can draw millions
of new users to our movies globally. We are confident that our
association with QYOU will deliver the desired results and
successfully tap this huge opportunity."
New Global CTV Distribution via
ZEASN
The new and existing channels are being further supported by the
newly announced CTV distribution of QPlay+ with ZEASN
(https://www.zeasn.com/), the world's leading smart home ecosystem
operator. The Singapore based
company acquired Foxxum and rlaxx TV in August 2023 to form the world's leading
independent CTV operating system known as Whale OS. ZEASN currently
provides customized digital entertainment solutions to over 400
global OEMS and brands.
Commenting on the strengthening of its connected TV presence in
India and across the globe,
Curt Marvis, CEO, QYOU Media, said,
"Advertisers and brands in the US have already seen the seismic
shift of ad dollars into the CTV business on platforms from the
major TV manufacturers like Samsung and Vizio and via platforms
including Roku, Pluto and Tubi. We have seen in the US how many
businesses have become multi billion dollar advertising enterprises
as aggregators of CTV channels. We are at the very beginning of
this same shift in India and it is
critical to get early channel distribution and positioning. We will
continue to grow our channel assets with unique and strong content
partners like Toonz and RDC movies alongside our previous
partnerships with major partners including Sadhguru. The CTV space
is a strong area for growth in India and beyond in the years ahead."
QPlay+ is available globally on both Google Play and the Apple
AppStore
*businessinsider.in
|
**https://www.exchange4media.com/media-tv-news/pay-tv-homes-on-the-decline-will-ctv-run-the-show-133199.html
|
About QYOU Media
One of the fastest growing creator-media companies, QYOU Media
operates in India and the United States producing, distributing and
monetizing content created by social media influencers and digital
content stars. In India, under our
flagship brand, The Q and on connected TV, via channels Q
Kahaniyan, Q GameX, Q Comedistaan & Sadhguru TV,
QToonz and RDCMovies we curate, produce and
distribute premium content across television networks, VOD and OTT
platforms, mobile phones, smart TV's and app-based platforms. In
addition, QYOU has numerous additional content destinations, apps
and gaming platforms engaging over 125 million Indian households
weekly. Our influencer marketing company, Chtrbox, has been
a pioneer in India's creator
economy, leveraging data to connect brands to the right social
media influencers. QGamesMela is a recently launched casual
gaming business leveraging access to the large audience enjoyed by
Q India products. In the United
States, we power major film studios, game publishers and
brands to create content and market via creators and influencers.
Founded and created by industry veterans from Lionsgate, MTV,
Disney and Sony, QYOU Media's millennial and Gen Z-focused content
reaches more than one billion consumers around the world every
month. Experience our work at www.qyoumedia.com
Neither the 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.
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multimedia:https://www.prnewswire.com/news-releases/qyou-expands-connected-tv-and-qplay-via-major-new-channel-and-distribution-partnerships-302100680.html
SOURCE QYOU Media Inc.