Gamelancer Media: Celebrating Recent Triumphs, Unveiling Dynamic Partnerships, and Reflecting on Financial Achievements
We're thrilled to have you join us for another edition of our Gamelancer Media newsletter. As we embark on this journey together, let's take a moment to revisit the incredible stories and achievements that made July 2023 a month to remember.? Our previous newsletter, dated July 20th, vibrated with exciting updates that reflect our unwavering dedication to growth, innovation, and excellence. From introducing Max Desmarais as our President to launching a spectacular campaign with Samsung Canada, the acquisition triumphs of JoyBox Media and Gamelancer Gaming, and the monumental listing on the Toronto Stock Exchange, every detail resonates with our shared journey.
Unveiling Opportunities with 10 PM Curfew
Gamelancer Media and 10 PM Curfew have established a collaborative effort aimed at advancing media outreach. This partnership draws upon their combined expertise to transcend the conventional limits of brand visibility and engagement. Through the merger of Gamelancer Media's innovative approach and 10 PM Curfew's strategic acumen, a potent synergy emerges, poised to enrich media reach. The collaboration signifies an anticipation of refined media engagement, emphasizing results-oriented interactions. As this journey progresses, Gamelancer Media and 10 PM Curfew take the lead in facilitating a progressive shift in the landscape of media reach. Stay attuned for the unfolding developments.
Read more about this development HERE.
Q2 Financials: Surpassing Projections and Strategic Expenses
Gamelancer Media has exceeded expectations by surpassing its Q2 2023 revenue projections for Over-The-Top (OTT) services. The achievement becomes all the more impressive as the Q2 2023 figures have outpaced the revenue generated during the same period in 2022. This remarkable growth underscores Gamelancer Media's steadfast commitment to excellence.
As part of the Q2 interim financials, we addressed certain significant expenses that were essential for our growth strategy. These included final payments associated with concluding the strategic acquisitions of Gamelancer Gaming and Joybox studios, totaling approximately 4.6 million dollars. Additionally, around 1.2 million dollars was allocated towards legal fees connected with our recent private placement and the process of listing on the Toronto Stock Exchange (TSX). We want to reassure you that these expenses, though substantial, will not impact our financials moving forward, which will have a very positive impact on our Q3 EBITA. Please note that these expenses were essential in positioning us for future success, and we greatly appreciate your continued support.
In the ever-shifting landscape of media consumption, Gamelancer Media's ability to consistently surpass projections underscores its agility in adapting to evolving consumer preferences. Our success in Q2 2023 isn't just a reflection of our strategic vision; it's a testament to our flexibility in meeting the dynamic demands of the market.
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This consistent overachievement is a testament to Gamelancer Media's unwavering dedication to delivering top-tier content and experiences. By demonstrating resilience and embracing innovation, we are solidifying our standing as a leading force in the rapidly changing media landscape.
Read more about this HERE.?
Gamelancer's Ever-Ascending Odyssey
Gamelancer Media Corp. stands as a trailblazing force in the realm of digital-channel networks and video production. Our commitment to redefining the television experience through digital-channel ownership has yielded impressive results. With an ever-expanding audience of over 42 million Gen Z and Young Millennial followers, our 66 channels captivate viewers for an average of over 95 minutes each day. At the core of our success is JoyBox Studios, our in-house production team, responsible for crafting and broadcasting over 100 videos daily across our owned-and-operated social channels, including the iconic @gaming, @gamer, @gamelancer, and @egirl channels.
Our role as content creation and distribution experts extends far and wide, with collaborations spanning some of the world's largest brands and agencies. We remain dedicated to pushing the boundaries of innovation, fostering authentic connections, and delivering captivating content that resonates deeply with our audience.
As we continue this dynamic journey, we express our sincere gratitude for your ongoing support. Together, we're shaping the future of media engagement and creating a lasting impact in the ever-evolving digital landscape.
Thank you for being a vital part of our success.