Scaling Gamelancer Media: The Strategic Decisions Driving Global Expansion
Greetings from Gamelancer Media! We're thrilled to bring you the latest edition of our newsletter, packed with exciting updates and developments from the world of digital media and entertainment. As a company, we're dedicated to delivering exceptional content and unforgettable experiences that push the boundaries of the industry. From strategic partnerships to financial achievements, we're committed to driving growth and innovation in this dynamic realm. Join us as we explore the latest buzz and electrifying developments that are driving the global scaling of an innovative digital media company. Get reading to stay up to date on all the latest happenings at Gamelancer Media!
First and foremost, we are delighted to announce the appointment of Gopal Patel as our new Vice President of Operations. In a press release dated May 18, 2023, Gamelancer Media introduced Mr. Patel, whose extensive expertise and exceptional leadership skills are poised to drive operational excellence within our company. With Gopal's guidance, we are confident in our ability to enhance operational efficiency and establish robust processes that will elevate Gamelancer Media to new heights of success. We eagerly anticipate the positive impact of his leadership on our growth and innovation initiatives.
May 18th ?marked a significant milestone for Gamelancer Media as we surpassed 40 million followers and subscribers! This momentous achievement is a testament to our incredible community's support and loyalty. We're humbled by their passion for gaming and enthusiasm for our unique content, which has been a driving force behind our success. We remain committed to delivering exceptional content and unforgettable experiences as we continue to push the boundaries of digital media and immersive experiences.
In the spirit of collaboration, we announced our partnership with gaming app company OviO.gg in a press release dated May 23. The short-form video campaign series produced by Gamelancer Studios will feature Gamelancer content creators interacting with the OviO app. The content will be distributed on the Gamelancer network to drive app downloads, reducing OviO's Customer Acquisition Cost on TikTok.
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Gamelancer announced our Q1 2023 financial results in a press release dated May 31, 2023. "We are pleased that the company exceeded Q1 2022 results. Gamelancer made a strategic decision to invest more into our 2022 year-end audit processes this year, given the unprecedented nature of the Gamelancer acquisition. We engaged three independent firms to provide a comprehensive valuation opinion," stated Jon Dwyer , Gamelancer Chairman and CEO, "The #investment in audit procedures will provide shareholders with a detailed balance sheet description and network-value-assessment of the 54 digital-channels with over 40 million followers, which Gamelancer owns. This has created a unique precedent ascribing value to novel assets such as digital channels ownership on TikTok, Snapchat and Instagram. Our goal is that this process will aid the #capitalmarkets community in their endeavor to better understand the value of our IP, and digital-channel network ownership therein."
We recently received conditional approval for Gamelancer Media to list on the prestigious Toronto Stock Exchange (TSX) as stated in a press release dated June 1, 2023. This milestone achievement marks a significant step forward for Gamelancer. The conditional approval granted by the #TSX reflects the company's strong growth potential, solid financial performance, and promising future prospects. With this listing, Gamelancer is poised to enhance its visibility, attract new investors, and further expand operations.
We shared an update on our 2023 Annual General Meeting in a press release dated June 14, reflecting our commitment to transparency and keeping stakeholders informed. During the meeting, key items were discussed, including the Board of Directors, auditors, and proposed consolidation. #Management and insiders overwhelmingly opposed the proposed share consolidation.
Gamelancer Media announced the appointment of JF Cote to our Board of Directors, in a press release dated June 15, 2023 . This strategic addition to the leadership team reflects Gamelancer's commitment to leveraging the expertise of industry professionals. With his extensive experience, Mr. Cote brings a wealth of knowledge and valuable insights to the company. Gamelancer's decision highlights the company’s dedication to further enhancing its #advertising capabilities. The appointment of Mr. Cote to the Board of Directors positions Gamelancer Media for continued growth and innovation in the digital media industry.
Also on June 15, Gamelancer Media announced the closing of its $10 million dollar brokered private placement Led by Chretien-Desmarais Family Office. The financing was announced in a press release dated May 8. ?Over 84% of the funds raised were allocated to the President’s List and raised by Gamelancer Media’s own Executive Leadership team.
Thank you for reading the latest edition of the Gamelancer Media newsletter! We hope you enjoyed learning about the latest developments and updates from our team in the world of #digitalmedia and entertainment. As always, we remain committed to delivering exceptional content and unforgettable experiences that push the boundaries of #digitaladvertising . We're grateful for your continued support and loyalty, and we look forward to sharing even more thrilling updates with you in the future. Don't forget to subscribe to our newsletter and follow us on our social media channels to stay up to date on all the latest happenings at Gamelancer Media. Until next time!