Crowd Media (ASX:CM8): Tech-based services & products for the influencer & social media boom

December 2020 - Crowd Media Holdings Limited (ASX:CM8, FWB:CM3) is evolving from a mobile performance company to a global media tech company owning and commercialising its technology. A centrepiece of its recent revamp has been the creation of three broad divisions of Direct to Consumer, Insuretech/Fintech and what Crowd Media senior management calls ‘talking head’ conversational commerce. CEO Domenic Carosa speaks with The Capital Network's Lelde Smits.

Chapters
0:00-1:09 - Introduction
1:09-2:05 - A turnaround story
2:05-3:49 - Crowd evolves in its FY20
3:49-5:59 - Progressing Horizons 1, 2 and 3
5:59-7:49 - Crowd launches ‘talking head’ beta/signs strategic partnerships
7:49-10:22 - Potential buyers of CM8 technology
10:22-11:42 - Where proceeds of recent $4m capital raising will go
11:42-12:18 - Conclusion

QUESTIONS
A turnaround story
Over a year ago now, Crowd Media started a turnaround strategy aimed at fixing its product and service offering, organisational structure and financials. What is the progress report on this wide-ranging initiative?

Crowd evolves in its FY20
Crowd’s FY20 saw it evolve from being a mobile-messaging company to a media tech company owning and commercialising its technology. What motivated this change of focus?

Progressing Horizons 1, 2 and 3
Crowd Media's AGM highlighted the progress made in the Company’s three broad divisions of Direct to Consumer, Insuretech/Fintech and what you call ‘talking head’ conversational commerce. What is most compelling about each of these divisions?

Crowd launches ‘talking head’ beta/signs strategic partnerships
Crowd Media recently announced the launch of a beta version of its conversational commerce ‘talking head’ as well as the signing of two strategic partnerships. What is the significance of this development?

Potential buyers of CM8 technology
Crowd Media is now busy creating core Q&A technology and conversational commerce capability. Who are the potential buyers of this proprietary technology?

Where proceeds of recent $4m capital raising will go
In mid-November Crowd undertook a $4m capital raising, priced at 5 Australian cents a share, with some of its proceeds subsequently directed towards the repayment of a circa I million-euro loan. Where will the rest of this recent capital raising be directed and what growth dividends are expected from it?

Subscribe to our channel so you never miss an update:
https://www.youtube.com/channel/UCo9-WBYM1zaPKp_PbdbNORw?sub_confirmation=1

Check out our website and connect with us:
http://www.IdeasToEmpower.com

Follow The Capital Network on Twitter:
http://www.twitter.com/TheCapNet

Follow The Capital Network on Instagram:
https://www.instagram.com/TheCapitalNetwork/

Follow The Capital Network on Facebook:
http://www.facebook.com/TheCapNet

Follow The Capital Network on LinkedIn
https://www.linkedin.com/company/the-capital-network-pty-ltd/?originalSubdomain=au

To receive all our latest news, send us an email:
info@thecapitalnetwork.com.au

The opinions expressed in this video do not reflect the official position of The Capital Network and/or TCNTV and do not constitute investment advice.