Crowd Mobile secures partnership with media giant Viacom

Published at Oct 11, 2016, in Technology

Crowd Mobile (ASX:CM8) today executed a two year strategic partnership with Viacom Inc., the $14 billion ($AU18.3BN) media giant that owns the rights to MTV, Nickelodeon and Paramount.

The partnership will see Crowd Mobile collaborate with Viacom to develop new apps leveraging VIMN’s popular brands and celebrities to maximise global exposure.

Viacom owns film production and distribution companies such as MTV Films and Nickelodeon Movies, plus TV networks such as MTV and Nickelodeon. Its commercial connections split across all forms of media and technology generate around US$10BN in annual sales revenue.

CM8 will help Viacom accelerate the development of its growing spectrum of new mobile applications and interactive functionality as Viacom looks to capitalise on new media opportunities.

“Crowd Mobile is delighted to partner with Viacom International Media Networks, a significant force in the international media ecosystem with globally recognised brands and celebrities,” said Crowd Mobile’s Chief Executive Officer, Domenic Carosa.

“Viacom’s commitment to partner with Crowd Mobile is a strong endorsement of our ability to deliver world-class mobile products.

“We expect to build a successful model that will generate revenue for both partners, and which can then be applied to a broader range of brands and celebrities.

“App development is already underway and we are excited to reveal them over the coming weeks.”

Crowd Mobile and VIMN’s collaboration will build on the popularity of Crowd Mobile’s existing apps through the creation of new products.

The joint development will focus on integrating VIMN brands and celebrities into innovative new apps. Crowd Mobile has negotiated a revenue share agreement for VIMN and plans to initially launch five apps to be released in the coming weeks across emojis and Q&A.

Crowd Mobile’s Q&A apps are already generating strong revenues achieving record growth in the 2016 financial year up 61% to $20.7 million.

This deal is at its very early stages and as with all speculative tech stocks anything can happen. If considering CM8 for your portfolio seek professional financial advice.

With a rights issue taking place to raise approximately $1.5 million at an issue price of $0.16 per share, the company’s balance sheet will be further bolstered to enable it take advantage of the opportunity presented by the Viacom deal and strengthen Crowd Mobile’s position in the mainstream media market.

S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

Publishers Notice

The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.

Australian ASX Small Cap stocks | Why is Australia’s leading small cap publication

Founded seven years ago, is Australia’s leading and longest standing website for investor and finance news, education and expert opinion.

Published by StocksDigital, Finfeed was created to report daily on the comings and goings of ASX listed stocks in the small cap market.

As the first digital publication dedicated specifically to this space, Finfeed soon became the most trusted publication in the market, quickly garnering over two million page views – a number that continues to rise. provides its readers with informative articles that tackle the latest in market moving #ASX small cap news, plus exclusive content you won’t find anywhere else. It is aimed at those with an interest in investing, market education, company performance, start-ups and much more. is the only media organisation operating under the strength of a Financial Services License and is backed by leading journalists and analysts all with brands of their own.

The website aims to inform, educate and entertain with content that drills down into the heart of financial matters.

Finfeed is a leading source of investor and market information, with everything investors need to know about how to invest written in a way that anyone can understand. 

Over the years, the website has expanded beyond exclusively reporting on small caps, to profile Australia’s leading ASX listed small, mid and large caps as well as some of the country’s most successful CEOs and business leaders to find out what makes them tick.

Every day you will find fresh content covering:

Fast Facts

Over 4,000 articles published

Over 2.3 Million Page Views and counting

Over 10,000 followers on social media

Subscriber list growing by 2% monthly

Thanks for subscribing!