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BBTV Holdings has announced the launch of its NFT Division on May 6, 2021, aiming to expand revenue opportunities for creators through Non-Fungible Tokens. The division's first collaboration will be with Grammy-winning producer Zaytoven, who has a history of working with top artists. The NFT market saw a total global transaction value of $338 million in 2020, highlighting its growth potential. BBTV, which boasts more than 600 million unique monthly viewers, plans to leverage its extensive creator network to enhance fan engagement and monetization.
BBTV Holdings Inc. (TSX: BBTV, OTCQX: BBTVF) will release its financial results for Q1 2021 after market close on Thursday, May 13th. A conference call will follow at 2:15 PM PT (5:15 PM ET), hosted by Chairperson & CEO Shahrzad Rafati, and CFO Todd Tappin, including a Q&A session. Interested participants should connect 15 minutes prior, using Conference ID 4192186. An Investor Highlights presentation will be available at BBTV's investor site. BBTV aims to empower content creators, boasting over 600 million unique viewers and 50 billion video minutes consumed globally in January 2021.
BBTV Holdings Inc. (OTCQX: BBTVF) will host a live virtual event on April 20, 2021, featuring a discussion with Chairperson and CEO Shahrzad Rafati and Michele Romanow, a serial entrepreneur. The event will cover the company's strategy and growth plans, followed by a Q&A session. BBTV aims to empower content creators, having achieved over 600 million unique monthly viewers and 50 billion minutes of video content consumed in January 2021, marking significant engagement in the creator economy.
BBTV Holdings Inc. has announced its expansion into India and Thailand, enhancing its global footprint in influencer monetization solutions. With this initiative, BBTV aims to capitalize on the growing digital advertising markets, projected to reach US$397 million in India and US$131 million in Thailand by 2025. The company now operates in 30 countries and supports 12 languages. In January 2021, BBTV recorded 600 million unique monthly viewers, generating 40 billion views per month, positioning itself as a leader in the influencer landscape.
BBTV Holdings Inc. announced the retention of significant influencers, generating 204 million total monthly views and over 20 million subscribers across its influencer network. In FY2020, BBTV retained more than 90% of its total views across all influencers. Notable influencers retained include randomfrankp, Matt Jones, and E-MasterSensei. CEO Shahrzad Rafati emphasized BBTV's success in enhancing influencer brands and monetization strategies. The company is committed to helping content creators achieve greater success through technology-enabled solutions.
BBTV Holdings Inc. (OTCQX: BBTVF) announced its eligibility for Depository Trust Company (DTC) services, enhancing accessibility for US investors trading its stock. CEO Shahrzad Rafati expressed optimism about expanding their investor base in the US market. DTC eligibility will streamline trading processes and improve liquidity for BBTV shares. The company specializes in empowering content creators with technology solutions, already amassing over 600 million unique monthly viewers as of August 2020, with a significant lead in video content consumption among media companies.
BBTV Holdings Inc. announced new influencer signings, adding 272 million monthly views, including 165 million from HeyKids. Key signings include Brandon Baum, Bari Koral, and Everyday Crafts. The expansion allows BBTV to enhance its monetization opportunities and global reach across multiple content genres. This follows a January announcement of extended service offerings to Instagram and TikTok influencers, showcasing BBTV's commitment to supporting content creators in growing their audience and revenue with high-margin Plus Solutions.
BBTV Holdings Inc. reported record financial results for Q4 and FY 2020, with a 40% revenue growth year-over-year. Q4 revenue reached $150.8 million, while gross profits also hit a record at $11.3 million. The net income for Q4 was $1.2 million, reversing a loss from Q4 2019. Noteworthy operational highlights included a significant increase in content views and new partnerships in the gaming sector. However, the fiscal year ended with a net loss of $10.3 million, though RPM improved by 21%.
BBTV Holdings Inc. has appointed Blake Corbet as VP, Corporate Development for its subsidiary, BroadbandTV Corp. Corbet brings over 25 years of investment banking experience in major financial hubs. His role is expected to enhance the company's strategic growth, particularly in the lucrative Plus Solutions segment, as stated by CEO Shahrzad Rafati. BBTV aims to leverage its data-driven approach to capitalize on potential acquisitions, thereby enhancing revenue and margins. The company highlights its commitment to democratizing content creation and monetization across various platforms.
BBTV Holdings Inc. has qualified to trade on the OTCQX Best Market starting February 16, 2021, under the symbol BBTVF. This move aims to enhance accessibility for U.S. investors, capitalizing on the significant revenue generated in the U.S. market. CEO Shahrzad Rafati noted the importance of this milestone, as feedback indicated a desire for more engagement from U.S. investors. To qualify for the OTCQX, BBTV met stringent financial and governance standards, underscoring its commitment to compliance and transparency.