QYOU Media is a publicly and privately owned company founded in 2014 and headquartered in the United States. The company provides broadcast professional services and focuses on millennial and Gen Z audiences. QYOU Media's programming includes linear television networks, genre-based series, creator marketing campaigns, mobile apps, and video-on-demand formats. With a team of approximately 70 employees, the company aims to deliver engaging and relevant content to its target audience.
QYOU Media reported its second-quarter results for 2024, marking several milestones. The company achieved its first-ever positive quarterly Adjusted EBITDA, signaling financial success. This was accompanied by record-high revenues and a significant reduction in net loss. The company attributed its success to robust growth and cost reductions in its US and India operations. Despite a loss of US$0.89 million in the second quarter, QYOU Media highlighted a 62% improvement compared to the same period in the previous year.
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