QYOU completes $7.3MN financing | Major Businesses | Business | News | Rapid TV News
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Aiming to capitalise on a global online video explosion and support its next phase of growth, TV everywhere curation, licensing and programming firm QYOU Media has completed a new financing round.

the qyou 3 APril 2017The $7.3 million cash injection forms part of a broader corporate move that will see the company listed on the Canadian TSX Venture Exchange. QYOU Media believes that becoming a publically listed company will allow it to receive investment to continue to roll out both its linear and bespoke services to TV providers worldwide and take advantage of the convergence between TV and video, as consumers’ tastes for online video grow.

The QYOU says its services offer operators a way to entice younger audiences with premium experiences that build long-term loyalty with existing customers and attract new subscribers by delivering the impactful and entertaining video content these audiences are increasingly engaging with online. Earlier in 2017, in its first out of home deployment, the QYOU forged a partnership with retail services provider HeroFi to bring its programming to over 1,100 Buffalo Wild Wings (BWW) restaurants across America.