Signals move towards India’s rapidly growing internet and broadband user base expected to reach over 800 Million by 2021
TORONTO and LOS ANGELES, 14 May 2019– QYOU Media Inc (TSXV: QYOU; OTCQB: QYOUF) has announced that it has partnered with SonyLIV, India’s leading OTT platform,to bring The Q India’s 24/7 linear stream of digital first content to Indian homes. SonyLIVcustomers can now enjoy expertly curated digital-first premium content from ‘The Q India’, featuring the most talented and popular influencers in the region.
India is expected to become the second largest video-viewing audience globally according to the Federation of Indian Chambers of Commerce and Industry with the growth of Internet users estimated to reach 829 Million by 2021.The digital video market in India is growing at a rapid pace and is expected to exceed 500 million by the year 2020.* SonyLIV represents one of the fastest growing OTT services in the country with reported 7X consumption growth in the last year. For Q India, this marks another distribution win in the region and demonstrates the growing appetite for premium digital-first content.
Uday Sodhi, Business Head – Digital, Sony Pictures Networks India said: “Young India forms a critical part of our audience and it’s imperative that our programming offering in line with their consumption habits and programming preferences. Being a leading VOD platform in India, we understand our viewers needs and provide them with a wide array of content across sports, general entertainment, live TV channels, premium English shows, web originals and much more. We are incredibly excited to associate with ‘The Q India’ to bring the most disruptive online video trends to our programming line-up.”
Sunder Aaron, General Manager and Co-Founder of The Q India comments: “Seeking out exciting premium digital content is second nature to Young India, but for a long time there has beena gap in the market for a youth orientated service that can be easily accessed alongside other programming, such as live sports. We launched The Q India to address this need, and in just a couple of years we are already available across broadcast TV and mobilereaching over 300 million viewers. We are thrilled that SonyLIVrecognizes ‘The Q India’ as an important partner who can help them deliveran OTTservice that remains relevant to Young Indians by providing them with the very best digital content from the region’s most talented influencers.”