It’s been an incredible year since we brought investors into our community.
Our primary objective was to create inflection for Voyage in two areas:
Area 1: We close to doubled our community size in the last 12 months, from roughly 48,000 to 87,000, a big win.
We also worked tirelessly on innovating our marketing, which has resulted in our cost per lead decreasing to normal levels and both our lead-to-customer conversion rate and revenue per customer increasing dramatically.
Finally, we decided to take what renowned business author/strategist Jim Collins refers to as ‘do less, then obsess’ approach, retiring some of our non-performing products and services and focusing all of our energy and what we know works. We also reorganized our staffing plan and were able to decrease overall costs by approximately 25%.
We are profitable and growing at a solid clip.
Area 2 is where we had the most significant results with our ‘deal flow’ having reached an exponential rate of increase:
This 300% increase in deal flow can be attributed to several factors including better, more collaborative creators joining our platform, doubling down on our commitment to excellence, hiring a Senior Vice President of Originals, and growing our credibility and relationships in the industry.
Film productions this year include CHANCE, a family sports drama that wrapped principal photography in Ohio in June, HIS SUNRISE, MY SUNSET, an indie film that’s shooting in Los Angeles right now, and the paramount remake of Stephen King’s PET SEMATARY.
We also released MY DADDY IS IN HEAVEN, a faith-based film, and it quickly hit #1 on Amazon during its paid window. Both MY DADDY IS IN HEAVEN, and our earlier Emmy-winning release, VALLEY UPRISING, can now be found on Netflix.
Other notable deals include LIFE AT 120 that’s now partially financed and moving into preproduction, and COWBOYS, ARMAGEDDON AND THE TRUTH, also moving into preproduction.
We closed a major partnership with Shaun Redick (Oscar nominated GET OUT, and Spike Lee’s BLACK KLANSMAN) to leverage projects from the Voyage platform and get them financed through Redick’s fund. The partnership has identified its first project to develop, motion picture, NECESSARY ENDS.
Finally, we closed a deal with Oscar nominated producer Mike Medavoy (THE THIN RED LINE, BLACK SWAN) and A-list director Philip Noyce (SALT, REVENGE) to coproduce ALIVE DAY, a studio-sized action thriller based on the true story of a special ops veteran.
These projects all originated from creators outside Hollywood, and provide substantial proof that the Voyage concept works. As time goes by, these projects will provide substantive revenue for the company, and increased press/notoriety, which will add to our overall value.
With revenues and profitability once again increasing, and the volume of successful projects continuing to grow, we are incredibly excited and optimistic about the future.
Our future will be comprised of two primary objectives: (1) discipline and (2) innovation.
In the realm of discipline, we will continue to focus on activities/products/services that generate the most revenue AND that create the most viable entertainment projects. We will keep our costs down and we will maximize the performance of our team through shared vision, alignment and commitments.
In the realm of innovation, we will seek new partnerships that grow our community and/or increase the likelihood that our film/TV projects can get financed and distributed. We will also seek ways to improve and make more efficient our systems/processes, developing new technology as appropriate. Finally, we will be looking at how we can utilize (or add to) the data generated on our platform to better identify and develop successful projects in the market.
Founder & CEO
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