Gaia, Inc. (NASDAQ:GAIA) Q3 2023 Earnings Call Transcript

Thierry Wuilloud: Great. Maybe a last question, Jirka, you mentioned that you will be focused on Gaia Community. Can you tell me what does it mean? Is it focused on the Marketplace, is it focused on Live Events or what did you mean when you said you will focus on Gaia Community?

Jirka Rysavy: If you go to the bottom of our gaia.com, you will see the — what the mission is. So that’s pretty much that community what I am talking about.

Thierry Wuilloud: Okay.

Jirka Rysavy: It’s — we kind of look at launching it. We already built something about a year ago. By that time, we decided the way I was designed it. The Community is right now too much split between the different events in the world. So it’s not a time to launch it. So we restructured a little bit. So it’s basically, we have now two-thirds of our people are with us more than a year and one-third over three years and that’s increasing, the three-year number obviously increasing every month as a percentage. And so we know a lot of people watching what they are interested and one of the things what you hear is they would like to find people like them, watching Gaia in the community. So that’s what…

Thierry Wuilloud: Yeah.

Jirka Rysavy: … it’s going to be focused. We are going to use all our venues, what you mentioned, as a part of that.

Thierry Wuilloud: Okay. That sounds very interesting. Great. Okay. That’s it for me. Thanks, guys.

Jirka Rysavy: I think that will be the final differentiation for us. If you look at other SVODs, we will become in three years, we have something with nobody else in SVOD has, this really exploring [ph] and it’s a niche business and we want to keep it that way and that’s community will be based on that.

Ned Preston: And Thierry, if I had to say one part of that that Jirka is alluding to amongst many things would be some form of a decentralized town hall in a way where members can get together on forums, and like Jirka mentioned, organized watch parties and meetups.

Thierry Wuilloud: That sounds very interesting. Great. Thank you, guys.

Jirka Rysavy: Thank you.

Ned Preston: Thank you.

Operator: We have reached the end of our question-and-answer session. I would now like to turn the floor back over to Mr. Rysavy for closing comments.

Jirka Rysavy: Well, thank you, everyone, for joining. And we look forward to speaking with you when we report a fourth quarter results in March. Thank you very much.

Operator: This concludes today’s conference. You may disconnect your lines at this time. Thank you for your participation.