Zoom Media Group, Inc.

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Zoom Media Group, Inc. - overview

Established

1991

Location

New York, NY, US

Primary Industry

Marketing/Advertising

About

Zoom Media Group, Inc. provides innovative media solutions for active lifestyles through its GymTV platform, the largest gym-based television network across the United States, Canada, and the United Kingdom. Founded in 1991 and headquartered in New York, US, Zoom Media Group, Inc. operates GymTV, which delivers engaging fitness and lifestyle content to health clubs.


The company has successfully completed 3 deals, with their most recent investment round being a Series A in May 2018, raising USD 30. 00 mn from ABS Capital Partners, bringing their total capital raised to USD 30. 00 mn. The CEO is Babar Bhatti.


Zoom Media Corp. operates GymTV, the largest gym-based television network in the United States, Canada, and the United Kingdom. The platform provides round-the-clock music, fitness tips, and lifestyle content aimed at motivating active individuals, known as Generation Active. GymTV content is broadcast through a network of 100,600 screens in over 13,600 health clubs, enhancing the atmosphere for gym members.


An in-house production team generates over 8,500 original pieces of content annually, including music playlists, health tips, sports news, and localized weather reports, primarily targeting urban consumers. Revenue for Zoom Media Group, Inc. is generated through subscription agreements with health clubs and fitness centers, allowing them access to a diverse array of GymTV content. These B2B transactions involve gyms paying a recurring fee to integrate GymTV into their operations.


By partnering with over 13,600 gyms, Zoom Media capitalizes on the demand for innovative fitness content and advertising opportunities, offering advertisers access to a targeted audience through customized campaigns. The recent Series A funding of USD 30. 00 mn will support Zoom Media's expansion strategy to enhance GymTV's offerings and reach. Plans include launching new fitness programming and content tailored to specific demographics by late 2023.


Furthermore, the company aims to enter additional markets across Europe and Asia by mid-2024, leveraging the funding to enhance technology and marketing initiatives to support these expansions.


Current Investors

ABS Capital Partners

Primary Industry

Marketing/Advertising

Sub Industries

Advertising Agencies & Media Buyers

Website

www.zoommedia.com

Verticals

AdTech

Total Amount Raised

Subscriber access only

Zoom Media Group, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Private DebtCompletedZoom Media Group, Inc.-
Add-onCompletedSocial Indoor and the Family Network Divisions of Zoom Media-

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