VANCOUVER, B.C. (November 9th, 2017): Today, BroadbandTV (BBTV) was recognized for rapid revenue growth, bold innovation and its entrepreneurial spirit with a Deloitte Technology Fast 50 program award. The Fast 50 program honours 50 Canadian technology companies with the highest revenue-growth percentage over the past four years. BroadbandTV ranked #25 with revenue growth of 888.7 percent from 2013 to 2016 and for the Deloitte North American Technology Fast 500™ list, BroadbandTV ranked #162.
The Deloitte Technology Fast 50 program winners are made up of public and private companies in the technology sector that share common traits and strengths and have transformed the industry. Celebrating its 20th anniversary this year, the program augments the broader Deloitte North American Technology Fast 500™ initiative with winners automatically eligible for this elite ranking.
“Today’s announcement recognizes a period of incredible triple-digit revenue growth at BroadbandTV and I could not be more proud of our amazing team who continue to push and strive for excellence every day as we expand into new markets, and existing verticals and territories,” commented Shahrzad Rafati, Founder & CEO, BroadbandTV. “We continue to build and grow our industry-leading technology and solutions that help our partners with optimization, engagement and monetization, and further develop revenue driving business units which span advertising on demand, subscription video on demand, licensing, e-commerce, merchandise and mobile apps.”
“New technologies have disrupted various industries in ways that were unimaginable a few years ago,” said Erica Pretorius, Partner and National Leader for the Technology Fast 50™ program at Deloitte Canada. “Fast 50 winners have led the way and I can’t wait to see where they take us next.” To qualify for the Deloitte Technology Fast 50 ranking, companies must have been in business for at least four years, have revenues of at least $5 million, be headquartered in Canada, own proprietary technology, conduct research and development activities in Canada and invest minimum of five percent of gross revenues in R&D.
Today, BBTV achieves over 29 billion monthly impressions. 279MM hours viewed per month and the business remains the third largest video property globally following only Google and Facebook. As of July 2017, BBTV represents 27% of Google Site viewers and 53% of Facebook which means that over one in four people on Google Sites, including YouTube, are watching BBTV content.
BBTV continues to lead in a number of popular content verticals with its premium digital video networks including popular kids content brand, HooplaKidz; number one hip-hop and electronic music destinations, Opposition and WIMSIC; TGN, the largest and most engaged community of gamers worldwide; Outspeak, a partnership with HuffPost for influencers passionate about covering current events in politics, entertainment, lifestyle, business, technology, and more; and NBA Playmakers, geared to reach targeted and engaged audiences from sports, to how-to and fitness, and basketball culture in partnership with the NBA.
For more information, please visit bbtv.com and fast50.ca
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About the Deloitte Technology Fast 50™
The Deloitte Technology Fast 50 program is Canada’s pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features three distinct categories including the Technology Fast 50 Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies with the potential to be a future Deloitte Technology Fast 50 candidate) and the Leadership Awards (companies that demonstrate technological leadership and innovation within the industry.) Program sponsors include Deloitte, Aequitas NEO Exchange, Bank of Montreal, Bennett Jones, CBRE, OMERS Ventures and Wellington Financial. For further information, visit www.fast50.ca.
BroadbandTV is a digital entertainment company which exists to empower creators and inspire audiences. Today, BroadbandTV generates over 29 billion monthly impressions, 279MM hours viewed per month as of July 2017, and is the third largest video property in the world – in terms of unique viewers – following only Google and Facebook. Its leading digital video networks include: popular kids content brand, HooplaKidz; number one hip-hop and electronic music destinations, Opposition and WIMSIC; TGN, the largest and most engaged community of gamers worldwide; Outspeak, a partnership with HuffPost for influencers passionate about covering current events in politics, entertainment, lifestyle, business, technology, and more; and NBA Playmakers, geared to reach targeted and engaged audiences from sports, to how-to and fitness, and basketball culture in partnership with the NBA. In June 2013, leading European entertainment network RTL Group acquired a majority stake in BroadbandTV. Both companies also formed an ongoing strategic partnership to accelerate the global growth strategy of BroadbandTV. www.bbtv.com