VANCOUVER, British Columbia--(BUSINESS WIRE)--Jun 11, 2019--
Today, BroadbandTV Corp. (BBTV) a Canadian media-tech company that is advancing the world through the creation, distribution, management and monetization of video content, unveils that its video content is viewed by more than 575 million unique viewers each month. Only Google sites exceed BBTV monthly unique viewership and BBTV now represents 56% of Google’s Unique viewership at 1.02B*. To put that into perspective, BBTV content is now viewed by more individuals on a monthly basis than the population of the United States (327 million**), Mexico (132 million***) and Canada (37 million****) combined.
In addition to being second in unique viewership only to Google, BBTV is number one across all media companies in terms of total monthly watch-time, with 46.9 billion minutes across comScore’s top 12 countries report, February 2019*. In the report, UPROXX achieves 19.1 billion minutes, Disney achieves 16.9 billion minutes, NBC achieves 10.3 billion minutes, and CBS is at 3 Billion minutes per month.
These milestones follow a long line of successes for the business, today the business achieves 38 billion video views on a monthly basis***** and its total annual video viewership has increased at a compound annual growth rate (CAGR) of 102% from 2014 to 2018, and it achieved a total of 405 billion video views in 2018. Revenues for the media technology company continue to grow significantly, with 927% revenue growth from FY14 to FY18, equating to a compound annual growth rate (CAGR) of 79% over the four year period. BroadbandTV Corp. also achieved break-even EBITDA last year******.
“With unprecedented growth and an unwavering commitment to profitability, we continue to lead our peer group in all key measures, including unique viewers and watch-time,” comments Shahrzad Rafati, Founder & CEO, BroadbandTV Corp. “We’re building one of the most successful media technology companies in the world from the West Coast of Canada, and despite all that we have achieved, this is really just the beginning.”
Today, BBTV actively operates in 10 languages and 29 countries, and is the leading player in English, Spanish, and Portuguese markets in terms of content viewership, and is top three in the French, Arabic and Russian markets.
Headquartered in Downtown Vancouver, British Columbia, Canada, the business has been committed to further expanding revenue streams and has successfully built monetization arms within the business to expand revenue opportunities for its vast and growing catalogue of Intellectual Property. BBTV’s successful revenue streams to date, include: advertising video on demand, subscription video on demand, SaaS, mobile apps, e-commerce, and licensing.
“We believe that true success goes far beyond the financials. My goal has always been to build a quadruple bottom line business: an organization that measures success not just based on financial performance but also employee, social, and environmental KPIs. At BBTV, our People bottom line is as important as our Financial one.” commented Rafati. “We’ve achieved our global market leading position with a gender balanced workforce and other companies should pay attention as it’s a huge driver of our success. Today, pay disparity across our male and female employees is 0%, 43% of our employees are female, and 46% of our managers are female managers. Equal is equal.”
In May 2019, Founder & CEO Shahrzad Rafati interviewed Canadian Prime Minister, Justin Trudeau on the opening evening of the Collision Conference in Toronto. Together, the multi-award winning Founder & CEO and Canadian Prime Minister, discussed the future of the Canadian Technology industry. For more information, please find the conversation here.
Calculations made by BBTV, based on data received in part from ComScore, February 2019, and other sources
*Based on: Top 12 Countries = February 2019 comScore Video Metrix Media Trend - Desktop and Mobile - Top 100 Video Properties Report: United States, Canada, Argentina, Brazil, France, Germany, India, Indonesia, Italy, Mexico, Spain, United Kingdom
**2019 US Census estimate: http://worldpopulationreview.com/countries/united-states-population/
***2019 Mexico Census estimate: http://worldpopulationreview.com/countries/mexico-population/
****2010 Canada Census estimate: http://worldpopulationreview.com/countries/canada-population/
*****Based on May 2019 Google Analytics.
******RTL Group Annual Report 2018 (Page 85): http://www.rtlgroup.com/files/pdf2/rtl—group—annual—report—20181.pdf
BroadbandTV (BBTV) is a media-tech company that is advancing the world through the creation, distribution, management and monetization of content. As of May 2019, BBTV generates 38 billion monthly impressions, and in February it achieved 575 million unique viewers which consume 46.9 billion minutes of video content per month. BBTV is the second largest video property across the top 12 countries of the world in terms of unique viewers following only Google as of Feb 2019. BBTV provides end to end management, distribution and monetization solutions to content owners around the globe by providing innovative technology and leading services. BBTV has built proprietary VISO technologies leveraging deep learning, signal processing, and big data to achieve to power its ecosystem. In June 2013, leading European entertainment network RTL Group acquired a majority stake in BroadbandTV. www.bbtv.com
View source version on businesswire.com:https://www.businesswire.com/news/home/20190611005244/en/
Head of PR & Corporate Communications
+1778 873 0422
KEYWORD: NORTH AMERICA CANADA
INDUSTRY KEYWORD: ENTERTAINMENT TV AND RADIO TECHNOLOGY INTERNET AUDIO/VIDEO GENERAL ENTERTAINMENT MOBILE/WIRELESS
SOURCE: BroadbandTV Corp.
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