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Bright Mountain Media, Inc.  (BMAQ)
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    Sector  Technology    Industry Software & Programming
 
   Industry Software & Programming
   Sector  Technology

Bright Mountain Media Inc's

Competitiveness


 

BMAQ Sales vs. its Competitors Q1 2018



Comparing the results to its competitors, Bright Mountain Media Inc reported Total Revenue increase in the 1 quarter 2018 by 60.09 % year on year.
The revenue growth was below Bright Mountain Media Inc's competitors average revenue growth of 60.09 %, recorded in the same quarter.

List of BMAQ Competitors




   
       
 
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Net Income Comparison


Bright Mountain Media, Inc. recorded net loss , as well as most of its competitors.

<<  More on BMAQ Income Comparisons
   
     


Bright Mountain Media Inc's Comment on Competitors and Industry Peers


The internet and industries that operate through it are intensely competitive. We compete with other companies that have significantly greater financial, technical, marketing, and distribution resources. Our competitors include FoxNews.com, Yahoo!, AOL and its subsidiary Huffington Post. Yahoo!, AOL and Huffington Post were recently acquired by Verizon Communications as it looks for growth in the digital, mobile and video marketplace.

We believe that we can effectively compete in the marketplace for the following reasons:

the acquisition of Daily Engage Media will accelerate the development of the Bright Mountain Media Ad Exchange Network;

we have limited ourselves to certain niche, but significant and identifiable, markets;

we have customized our websites to the interests of our users and provide excellent content and news; and

our CEO, W. Kip Speyer, has had extensive entrepreneurial and management experience, including experience with public companies.

Most of our competitors have significantly greater financial, technical, marketing and distribution resources as well as greater experience in the industry than we have. There are no assurances we will ever be able to effectively compete in our marketplace. Our websites may not be competitive with other technologies and/or our websites may be displaced by newer technology. If this happens, our sales and revenues will likely decline. In addition, our current and potential competitors may establish cooperative relationships with larger companies, to gain access to greater development or marketing resources. Competition may result in price reductions, reduced gross margins and loss of market share.



<<  See the full list of BMAQ competitors



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BMAQ's vs. Competition, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME TICKER MARKET CAP REVENUES INCOME EMPLOYEES
Bright Mountain Media, Inc. BMAQ 0 4 -3 19
SUBTOTAL 0 4 -3 19
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