QYOU Media (TSXV: QYOU) continues to smash ratings records. After seeing explosive growth over the last several weeks in terms of viewership numbers, the company has yet again set a new record.
The company has now seen the BARC ratings for its flagship channel, The Q India, hit 49.06 GRP, the highest figure recorded yet for the channel. The increase marks the fourth consecutive all time high rating for the company, surpassing the prior record of 48.1 GRP.
Average time spent viewing meanwhile has remained strong, with the weekly figure sitting at 105 minutes per viewing session. The continued performance is expected to drive further monetization for the channel, which has notably signed household brand names including Pepsi, Mountain Dew, Dove, Unilever and more.
“With each passing week we gain increased confidence that we are solidifying this new plateau in viewership. Average Time Spent Viewing (TSV) continued at 105 minutes per viewing session which is remarkable for a channel like ours. As we have noted over the entirety of 2021, we believe these numbers represent the most reliable view into where revenues are headed as well.”
Curt Marvis, CEO
QYOU Media last traded at $0.465 on the TSX Venture.
Sponsored · Selkirk Copper Mines
FULL DISCLOSURE: QYOU Media is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover QYOU Media on The Deep Dive, with The Deep Dive having full editorial control. Additionally, the author personally holds shares of the company. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
