01 November, 2023, 16:05 ET
Mishra To Drive Day to Day Operations of All India Business Units Including QYOU Media India Pvt. Ltd, Chtrbox Technologies & Maxamtech Digital Ventures
Mandate To Extend Integrated Efforts Among the Units To Support Direct To Consumer and Digital Initiatives in India
TORONTO, MUMBAI, India and LOS ANGELES, Nov. 1, 2023 /PRNewswire/ - 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 that Indian digital leader and strategist, Raj Mishra, has joined the company effective immediately as Group CEO of QYOU Media's India operations overseeing all business units. Mishra will focus on increasing operational and financial synergies and strengths among the three primary business units as the company further pivots in India into digital distribution and direct to consumer initiatives.
Raj Mishra was appointed to QYOU's board of directors on May 30th, 2023 and brings a strong track record of driving business growth and profitability in the mobile, media and entertainment sectors. With over 13 years of experience and a background that includes senior management roles in building some of the most successful app businesses in Indian markets history, Mishra specializes in go-to-market strategies, sales, marketing, business growth, and profit and loss management in India's evolving social media landscape.
Mishra's career highlights include his instrumental role as the first employee at Musical.ly in India (now TikTok), leading it to over 60 million monthly active users.* As the Country Head for both Musical.ly and later for TikTok following their acquisition, he fostered growth for ByteDance in India, established local teams, cultivated business partnerships, and nurtured the creator community. Under his leadership, Musical.ly became the most downloaded app on Android and iOS app stores. He subsequently oversaw the rebranding transition from musical.ly to TikTok after its acquisition in 2017 wherein it became quickly established among the most downloaded apps in India with 610 million downloads in India alone in less than three years representing over a quarter of all global downloads.** In 2019, he took on a new challenge within ByteDance where he was spearheading Strategy for their newly launched suite of products, including the app Helo while closely working with the Core global teams at ByteDance to help further strengthen their overall Go-to- Market strategy. Following that experience, Mishra joined Triller as the Country GM and India Head, laying the foundation for its expansion in India and the Asia-Pacific region. Most recently, Mishra has been consulting for a number of digital and gaming companies including QYOU's India business units, where he provides strategic and revenue generation strategies and tactics for growth.
QYOU Media CEO and Co-Founder, Curt Marvis commented, "We are thrilled to have Raj on board to direct the next phase of growth for our businesses in India. Working with him as a consultant to QYOU India over the last several months, it became clear to me and the Board that his skill set and experience were directly applicable to our overall business objective to become a larger brand with more direct to consumer initiatives in India. This includes our most recent launch of the new freemium version of Q GamesMela. In addition, Raj's understanding and knowledge of how the creator economy works, as a result of his roles at both Musical.ly and Tik Tok are invaluable for us as we build a creator centric brand and business. His appointment to oversee our entire operation in India launches a very exciting new chapter in our history."
Raj Mishra added, "I joined the board of QYOU Media because I was excited about the size and scope of the opportunity for which they have already built the foundation. In working directly with the business since that time, I now know that the potential is even greater than I had first realized. There is a tremendous amount of hard work, coordination and execution ahead and we have only scratched the surface of what is possible for QYOU. I have shared with Curt and the Board my thoughts on how I see the business unfolding and expanding in the coming years. I can't wait to get deeper into working with the executive management and employees at all the business units and to help QYOU raise the India business to a level of success we all know is possible."
The QYOU Media business units in India include QYOU Media India Private Limited which includes the broadcast and CTV channels (88% owned), the influencer marketing business Chtrbox Technologies (98% owned) and Maxamtech Digital Ventures casual mobile free and real money gaming business (51% owned).
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, 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
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SOURCE QYOU Media Inc.
