Catcha Digital Bhd has announced it will co-found KS Lagi, a new digital media business scheduled to launch in the second half of this year.
It has been reported that the company has inked a joint venture agreement with the founders of Keluar Sekejap Sdn Bhd, Khairy Jamaluddin (KJ) and Shahril Hamdan. KJ is the former health minister while Shahril is the former information chief of United Malays National Organisation (Umno).
In a statement, Catcha Digital said the company intends to assume the commercial and business responsibilities for the existing Keluar Sekejap’s business and KS Lagi. Additionally, KS Lagi will create and distribute new media content across Catcha Digital’s existing network that reaches about 20 million Malaysians every month.
Keluar Sekejap claims to be a fast-growing media brand centred around thought-provoking conversations and has achieved tremendous success in the digital media space since its launch in 2023. It has amassed over 1.4 million subscribers and followers across its social media platforms, and over 39 million views on YouTube.
“We are thrilled to partner with KJ and Shahril to co-found KS Lagi,” said Catcha Digital chairman Patrick Grove.
“Across Catcha Digital and Keluar Sekejap’s platform we are already reaching the vast majority of Malaysians every month, and we see our audience yearning for a new approach to content and we will be a key part of this.
To kick-start the new venture, Khailee Ng, a prominent tech investor in Malaysia, has been named as a strategic advisor to KS Lagi, while Shahzeeq Shahren has been appointed as the venture’s editor-in-chief.
KS Lagi is expected to be launched in the second half of 2024.
KJ was a Keynote Speaker on Day Two at the recent Malaysian AI Marketing Conference & Festival on May 16.
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