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Updated article to note the closure of Coconuts Tabloid Media, cleaned up fluff and removed advertising template.
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{{multipleunreliable issues|{{advertsources|date=February 2017}}{{Short description|Media company}}
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{{Infobox company
| name = Coconuts Tabloid Media
| logo = CoconutMedia.PNG
| type = [[Private company|Private]]
| foundation = {{Start date and age|2011|09|15}} in =[[Bangkok]], 2011Thailand
| founders = Byron Perry
| defunct = {{End date|2023|12|19}}
|location = Hong Kong
|locations location = Hong Kong
| locations = [[Bali]], [[Bangkok]], [[Hong Kong]], [[Jakarta]], [[Kuala Lumpur]], [[Manila]], [[Singapore]], [[Yangon]]
| key_people =
| area_served =
| industry = [[Media (communication)|Media]]
| products = =
| services =
| revenue =
| operating_income =
| net_income =
| assets =
| num_employees =
| divisions =
| subsid =
| caption =
| homepage = {{URL|www.coconuts.co}}
| footnotes =
}}
 
'''Coconuts Tabloid Media''' iswas a multi-national media company across AsiaHong Kong that publishespublished a network of local city websites and documentary videos online. The company servesserved eightten cities and countries across [[South East Asia]], namely [[Bangkok]], [[Manila]], [[Hong Kong]], [[Singapore]], [[Kuala Lumpur]], [[Jakarta]], [[Bali]] and [[Yangon]],<ref name="Mumbrella Q&A">{{cite web |url=http://www.mumbrella.asia/2015/07/qa-with-coconuts-media-founder-byron-perry/ |title= Q&A with Coconuts Media founder Byron Perry|author=<!--Staff writer(s); no by-line.--> |date=13 July 2015 |website=mumbrella.asia |access-date= 28 March 2016}}</ref><ref name="Venturebeat">{{cite web|url=https://venturebeat.com/2016/01/04/coconuts-is-a-local-news-startup-fast-becoming-the-patch-of-southeast-asia/|title=Coconuts is a local news startup fast becoming the Patch of Southeast Asia|last1=De Wall-Montgomery|first1=Michael |date=4 January 2016|website= Venturebeat.com|access-date=28 March 2016}}</ref><ref name="Philstar">{{cite web |url=http://www.philstar.com/entertainment/2015/06/15/1465858/abs-cbn-news-coconuts-media-form-partnership |title=ABS-CBN News & Coconuts Media form partnership |last1=Choa |first1=Kane |last2=Errol |date=15 June 2015 |website=philstar.com |access-date= 28 March 2016}}</ref><ref name = "Manila Bulletin">{{cite web |url=http://www.mb.com.ph/snackable-digital-content-from-abs-cbn-news-and-coconuts-media-partnership/ |title='Snackable' digital content from ABS-CBN News and Coconuts Media partnership |last1=Alejo |first1=Annie |last2=S |date=25 May 2015 |website=mb.com.ph |access-date=28 March 2016}}</ref><ref name="Inquirer">{{cite web |url=http://lifestyle.inquirer.net/195165/video-as-a-medium-to-cover-and-discover-art |title=Video as a medium to cover–and discover–art |last1=Tabora |first1=Brylle |last2=B |date=1 June 2015 |website=lifestyle.inquirer.net | access-date=28 March 2016}}</ref> covering local news and cultural trends.<ref name="Mumbrella Q&A" /><ref usingname="SCMP" /> Coconuts Media used social media and video platforms to increase its reach.<ref name="Philstar" /><ref name= "Telecompaper">{{cite web |url=http://www.telecompaper.com/news/coconuts-taps-brightcove-for-online-video-service-in-asia--1133554 |title=Coconuts taps Brightcove for online video service in Asia |author=<!--Staff writer(s); no by-line.--> |date=15 March 2016 |website=telecompaper.com |access-date=28 March 2016}}</ref> In addition to English, the company produces content in [[Thai language|Thai]] and [[Indonesian language|Bahasa Indonesia]].<ref name="Venturebeat" /><ref name="TechAsia">{{cite web |url=https://www.techinasia.com/coconutsco-moved-fast-enter-southeast-asia-hyperlocal-city-news-sites-india |title=After going viral across Southeast Asia, hyperlocal blog Coconuts.co heads to India |last1=Freischlad |first1=Nadine |date=23 April 2015 |website=techinasia.com |access-date=28 March 2016}}</ref>
 
Coconuts Media employed around 40 staff members as of August 2016, half of whom are in editorial. In 2015, it had a reported total monthly reach of 14.6 million unique readers across all platforms.<ref name= "Venturebeat" />▼
The core focus of operations is articles including local news and reviews,<ref>{{cite web |url=https://e27.co/singapore-to-go-coconuts-in-april/ |title=Singapore to go Coconuts in April |last1=Racoma |first1=J | last2=Angelo |date=9 April 2013 |website=e27.co |access-date=28 March 2016}}</ref><ref name = "techasia">{{cite web |url=https://www.techinasia.com/coconuts-media-announces-coconutsco-angel-funding |title=Coconuts.co Announces Angel Funding and Sets Sights on Singapore |last1=Wee |first1=Willis |date=9 April 2013 |website=techinasia.com |access-date=28 March 2016}}</ref> original features,<ref name = "Manila Bulletin"/><ref name ="SCMP">{{cite web |url=http://www.scmp.com/lifestyle/arts-culture/article/1661424/local-content-delivered-fast-secret-success-byron-perrys |title=Local content delivered fast is the secret of success for Byron Perry's Coconuts websites |last1=Shamdasani |first1=Pavan |date=13 December 2014 |website=scmp.com |access-date=28 March 2016}}</ref> aggregated content,<ref name ="Marketing">{{cite web |url=http://www.marketing-interactive.com/coconuts-sponsored-content-way-forward/ |title=Coconuts: Sponsored content the way forward |last1=Lam |first1=Apple |date=7 July 2014 |website=marketing-interactive.com |access-date=28 March 2016}}</ref> event guides, restaurant reviews, and translations,<ref name = "SCMP"/> in an often humorous voice.<ref name ="TechAsia">{{cite web |url=https://www.techinasia.com/coconutsco-moved-fast-enter-southeast-asia-hyperlocal-city-news-sites-india |title=After going viral across Southeast Asia, hyperlocal blog Coconuts.co heads to India |last1=Freischlad |first1=Nadine |date=23 April 2015 |website=techinasia.com |access-date=28 March 2016}}</ref>
 
==History==
In total, Coconuts produces over 100 [[News article|stories]] per weekday across the eight [[countries]] where it operates.<ref name = "Philstar"/><ref>{{cite web |url=http://adobomagazine.com/philippine-news/what-can-we-expect-abs-cbn-x-coconuts-media |title=What can we expect from ABS-CBN x Coconuts Media? |last1=Bayani |first1=Oliver |date=15 May 2015 |website=adobomagazine.com/ |access-date=28 March 2016}}</ref>
 
=== Beginnings and growth (2011) ===
Coconuts Media employs around 40 staff members as of August 2016, half of which are in editorial.
Coconuts Media is said to have beenwas inspired by US-based blogs such as the [[Gothamist]] network and New York's [[Gawker]],<ref name ="SCMP" /> as well as [[BuzzFeed|BuzzFeed]] and [[Vice (magazine)|Vice]].<ref name = "techasia" /><ref name="SCMP">{{cite web |url=http://www.scmp.com/lifestyle/arts-culture/article/1661424/local-content-delivered-fast-secret-success-byron-perrys |title=Local content delivered fast is the secret of success for Byron Perry's Coconuts websites |last1=Shamdasani |first1=Pavan |date=13 December 2014 |website=scmp.com |access-date=28 March 2016}}</ref> The company was founded by American journalist and entrepreneur Byron Perry,<ref name ="techasia" /><ref name ="SCMP" /><ref name ="Tech Asia 2">{{cite web |url=https://www.techinasia.com/bored-reporter-starts-coconuts-asias-rising-star-hyperlocal-journalism |title=Boredom led this ex-reporter to start Southeast Asia's hottest hyperlocal news company |last1=Lee |first1=Terrance |date=26 December 2013 |website=techinasia.com |access-date=31 March 2016}}</ref> out of his Bangkok apartment in September 19, 2011,<ref name ="Venturebeat" /><ref name="Manila Bulletin" /><ref name = "SCMP" /><ref name="Marketing">{{cite web |last1=Lam |first1=Apple |date=7 July 2014 |title=Coconuts: Sponsored content the way forward |url=http://www.marketing-interactive.com/coconuts-sponsored-content-way-forward/ |access-date=28 March 2016 |website=marketing-interactive.com}}</ref><ref name ="TechAsia" /><ref name = "Tech Asia 2" /> with Perry reportedly self -publishing nearly all the articles himself in the first months.<ref name="TechAsia" /><ref name = "Tech Asia 2" /><ref>{{Cite web |title=Coconuts Milestones |url=https://coconuts.co/coconuts-milestone/ |access-date=2024-04-29 |website=coconuts.co}}</ref>▼
▲In 2015, it had a reported total monthly reach of 14.6 million unique readers across all platforms.<ref name= "Venturebeat"/>
 
Perry started his career in journalism as thean Editorial Fellow for ''San Francisco Magazine'' before moving on to a copy editor position at the Hollywood trade magazine [[Variety (magazine)|Variety]] in Los Angeles. At Variety, he covered movie premieres;<ref>{{cite web |url=https://variety.com/2007/scene/vpage/bucket-premieres-in-l-a-1117978121/ |title='Bucket' premieres in L.A. |last1=Perry |first1=Byron |date=21 December 2007 |website=variety.com |access-date=30 January 2017}}</ref> wrote thecolumns "Players"on actor castings and talent agency signings;<ref>{{cite web |url=https://variety.com/2008/scene/markets-festivals/william-h-macy-1117997556/ |title=William H. Macy |last1=Perry |first1=Byron |date=17 December 2008 |website=variety.com |access-date=30 January 2017}}</ref> column on actor castings and "Tenpercenteries"<ref>{{cite web |url=https://variety.com/2008/film/markets-festivals/tenpercenteries-agency-news-1117993731/ |title=Tenpercenteries: Agency News |last1=Perry |first1=Byron |date=9 October 2008 |website=variety.com |access-date=30 January 2017}}</ref> column on talent agency signings; and attended the 2008 Academy Awards as part of Variety’s coverage team.<ref>{{cite web |url=https://variety.com/2008/film/awards/oscar-plans-on-fast-track-1117980936/ |title=Oscar plans on fast track |last1=Perry |first1=Byron |date=14 February 2008 |website=variety.com |access-date=30 January 2017}}</ref> After a brief stint as thea Siam Reap Reporterreporter for Cambodia’s English-language newspaper of record, The Phnom Penh Post, Perry moved to Thailand to work for Ensign Media as Executive Editor for the real estate trade magazine Property Report<ref>{{cite web |url=http://www.property-report.com/market-focus-a-responsible-approach-to-growth/ |title=Market Focus: A responsible approach to growth |last1=Perry |first1=Byron |date=25 March 2011 |website=property-report.com |access-date=30 January 2017}}</ref> and yachting magazine Helm. After a year and a half at Ensign Media, Perry launched Coconuts Media in 2011.<ref>{{cite web|last1=Byron|first1=Perry|title=Coconuts|url=https://us.linkedin.com/in/byron-perry-82203b2a|website=Linkedin|publisher=Linekdin|access-date=16 January 2017}}{{Dead link|date=July 2020 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>▼
Coconuts Media received an Honorable Mention in the 2015 [[SOPA]] Awards for Excellence for "Hidden in Plain Sight", a look at the legions of [[street children]] in Bangkok.<ref>{{cite web |url=http://www.sopawards.com/wp-content/uploads/2015/06/SOPA-2015-Awards-Winner-List.pdf |title=SOPA Award Winners List 2015 |publisher=SOPA |access-date=29 March 2016 |archive-url=https://web.archive.org/web/20150709093035/http://www.sopawards.com/wp-content/uploads/2015/06/SOPA-2015-Awards-Winner-List.pdf |archive-date=9 July 2015 |url-status=dead }}</ref>▼
 
Coconuts Media launched in its first international branch in Manila in November 2012,<ref name="Venturebeat" /><ref name ="Tech Asia 2" /><ref>{{cite web |url=https://e27.co/singapore-to-go-coconuts-in-april/ |title=Singapore to go Coconuts in April |last1=Racoma |first1=J |last2=Angelo |date=9 April 2013 |website=e27.co |access-date=31 March 2016}}</ref> ahead of further expansion into Singapore in August 2013.<ref>{{cite web |url=https://e27.co/singapore-to-go-coconuts-in-april/ |title=Singapore to go Coconuts in April |last1=Racoma |first1=J | last2=Angelo |date=9 April 2013 |website=e27.co |access-date=28 March 2016}}</ref><ref name="techasia">{{cite web |url=https://www.techinasia.com/coconuts-media-announces-coconutsco-angel-funding |title=Coconuts.co Announces Angel Funding and Sets Sights on Singapore |last1=Wee |first1=Willis |date=9 April 2013 |website=techinasia.com |access-date=28 March 2016}}</ref> One month later, it launched a regional office in Hong Kong.<ref name="SCMP" /><ref name ="Tech Asia 2" />▼
In 2016, Coconuts Hong Kong Managing Editor Laurel Chor won a SOPA for Excellence in Feature Photography in Category B for a profile of Mui Thomas, a young Hong Kong woman with [[harlequin ichthyosis]], a very rare and debilitating skin disease.<ref>{{cite web |url=http://www.sopawards.com/wp-content/uploads/2016/08/SOPA-2016-Awards-Winner-List_v2.pdf |title=SOPA Award Winners List 2016 |publisher=SOPA |access-date=22 August 2016 |archive-url=https://web.archive.org/web/20160920184811/http://www.sopawards.com/wp-content/uploads/2016/08/SOPA-2016-Awards-Winner-List_v2.pdf |archive-date=20 September 2016 |url-status=dead }}</ref>▼
 
=== ABS-CBN News partnership (2015) ===▼
Coconuts Media acquired the Bangkok print and online lifestyle magazine BK Magazine in 2021.<ref>{{Cite web|url=https://bk.asia-city.com/things-to-do-bangkok/news/booyah-our-shiny-new-media-kit-2021-has-arrived|title = Booyah! Our shiny new media kit for 2021 has arrived|date = 2 March 2021}}</ref>▼
In March 2015, Coconuts Media signed a two-year content partnership with [[ABS-CBN Corporation|ABS-CBN]],<ref name="Manila Bulletin" /><ref name="Philstar" /><ref name="Inquirer" /> allowing both parties to exchange news, features and video content on their respective platforms.<ref>{{cite web |url=http://adobomagazine.com/philippine-news/what-can-we-expect-abs-cbn-x-coconuts-media |title=What can we expect from ABS-CBN x Coconuts Media? |last1=Bayani |first1=Oliver |date=15 May 2015 |website=adobomagazine.com/ |access-date=28 March 2016}}</ref><ref name="Philstar" /> ABS-CBN said it hoped the deal withwill help them gain more granular coverage, especially in Southeast Asia,<ref name="Philstar" /><ref name="Manila Bulletin" /> while Coconuts Media said it wanted to expand its coverage of [[hard news]] and [[sports]].<ref name="Philstar" /><ref>{{cite web |last1=Bayani |first1=Oliver |date=15 May 2015 |title=What can we expect from ABS-CBN x Coconuts Media? |url=http://adobomagazine.com/philippine-news/what-can-we-expect-abs-cbn-x-coconuts-media |title=What can we expect from ABSaccess-CBN x Coconuts Media? |last1=Bayani |first1=Oliver |date=151 MayApril 20152016 |website=adobomagazine.com}}</ref><ref |access-datename="Manila 1Bulletin" April 2016}}</ref>▼
 
==History= Recognition ===
▲Coconuts Media received an Honorable Mention in the 2015 [[SOPA]] Awards for Excellence for "Hidden in Plain Sight", a look at the legions of [[street children]] in Bangkok.<ref>{{cite web |title=SOPA Award Winners List 2015 |url=http://www.sopawards.com/wp-content/uploads/2015/06/SOPA-2015-Awards-Winner-List.pdf |title=SOPA Award Winners List 2015 |publisher=SOPA |accessurl-datestatus=29 March 2016dead |archive-url=https://web.archive.org/web/20150709093035/http://www.sopawards.com/wp-content/uploads/2015/06/SOPA-2015-Awards-Winner-List.pdf |archive-date=9 July 2015 |urlaccess-statusdate=dead29 March 2016 |publisher=SOPA}}</ref>
 
▲In 2016, Coconuts Hong Kong Managing Editor Laurel Chor won a SOPA for Excellence in Feature Photography in Category B for a profile of Mui Thomas, a young Hong Kong woman with [[harlequin ichthyosis]], a very rare and debilitating skin disease.<ref>{{cite web |title=SOPA Award Winners List 2016 |url=http://www.sopawards.com/wp-content/uploads/2016/08/SOPA-2016-Awards-Winner-List_v2.pdf |title=SOPA Award Winners List 2016 |publisher=SOPA |accessurl-datestatus=22 August 2016dead |archive-url=https://web.archive.org/web/20160920184811/http://www.sopawards.com/wp-content/uploads/2016/08/SOPA-2016-Awards-Winner-List_v2.pdf |archive-date=20 September 2016 |urlaccess-statusdate=dead22 August 2016 |publisher=SOPA}}</ref>
▲Coconuts Media is said to have been inspired by US-based blogs such as the [[Gothamist]] network and New York's [[Gawker]],<ref name ="SCMP"/> as well as [[BuzzFeed|BuzzFeed]] and [[Vice (magazine)|Vice]].<ref name = "techasia"/> The company was founded by American journalist and entrepreneur Byron Perry,<ref name ="techasia"/><ref name ="SCMP"/><ref name ="Tech Asia 2">{{cite web |url=https://www.techinasia.com/bored-reporter-starts-coconuts-asias-rising-star-hyperlocal-journalism |title=Boredom led this ex-reporter to start Southeast Asia's hottest hyperlocal news company |last1=Lee |first1=Terrance |date=26 December 2013 |website=techinasia.com |access-date=31 March 2016}}</ref> out of his Bangkok apartment in September 2011,<ref name ="Venturebeat"/><ref name="Manila Bulletin"/><ref name = "SCMP"/><ref name="Marketing"/><ref name ="TechAsia"/><ref name = "Tech Asia 2"/> with Perry reportedly self publishing nearly all the articles himself in the first months.<ref name="TechAsia"/><ref name = "Tech Asia 2"/>
 
▲Coconuts Media acquired the Bangkok print and online lifestyle magazine BK Magazine in 2021.<ref>{{Cite web |date=2 March 2021 |title=Booyah! Our shiny new media kit for 2021 has arrived |url=https://bk.asia-city.com/things-to-do-bangkok/news/booyah-our-shiny-new-media-kit-2021-has-arrived|title = Booyah! Our shiny new media kit for 2021 has arrived|date = 2 March 2021}}</ref>
▲Perry started his career in journalism as the Editorial Fellow for San Francisco Magazine before moving on to a copy editor at Hollywood trade magazine [[Variety (magazine)|Variety]] in Los Angeles. At Variety, he covered movie premieres;<ref>{{cite web |url=https://variety.com/2007/scene/vpage/bucket-premieres-in-l-a-1117978121/ |title='Bucket' premieres in L.A. |last1=Perry |first1=Byron |date=21 December 2007 |website=variety.com |access-date=30 January 2017}}</ref> wrote the "Players"<ref>{{cite web |url=https://variety.com/2008/scene/markets-festivals/william-h-macy-1117997556/ |title=William H. Macy |last1=Perry |first1=Byron |date=17 December 2008 |website=variety.com |access-date=30 January 2017}}</ref> column on actor castings and "Tenpercenteries"<ref>{{cite web |url=https://variety.com/2008/film/markets-festivals/tenpercenteries-agency-news-1117993731/ |title=Tenpercenteries: Agency News |last1=Perry |first1=Byron |date=9 October 2008 |website=variety.com |access-date=30 January 2017}}</ref> column on talent agency signings; and attended the 2008 Academy Awards as part of Variety’s coverage team.<ref>{{cite web |url=https://variety.com/2008/film/awards/oscar-plans-on-fast-track-1117980936/ |title=Oscar plans on fast track |last1=Perry |first1=Byron |date=14 February 2008 |website=variety.com |access-date=30 January 2017}}</ref> After a brief stint as the Siam Reap Reporter for Cambodia’s English-language newspaper of record, The Phnom Penh Post, Perry moved to Thailand to work for Ensign Media as Executive Editor for real estate trade magazine Property Report<ref>{{cite web |url=http://www.property-report.com/market-focus-a-responsible-approach-to-growth/ |title=Market Focus: A responsible approach to growth |last1=Perry |first1=Byron |date=25 March 2011 |website=property-report.com |access-date=30 January 2017}}</ref> and yachting magazine Helm. After a year and a half at Ensign Media, Perry launched Coconuts Media in 2011.<ref>{{cite web|last1=Byron|first1=Perry|title=Coconuts|url=https://us.linkedin.com/in/byron-perry-82203b2a|website=Linkedin|publisher=Linekdin|access-date=16 January 2017}}{{Dead link|date=July 2020 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>
 
=== Closure (2023) ===
▲Coconuts Media launched in its first international branch in Manila in November 2012,<ref name="Venturebeat"/><ref name ="Tech Asia 2"/><ref>{{cite web |url=https://e27.co/singapore-to-go-coconuts-in-april/ |title=Singapore to go Coconuts in April |last1=Racoma |first1=J |last2=Angelo |date=9 April 2013 |website=e27.co |access-date=31 March 2016}}</ref> ahead of further expansion into Singapore in August 2013. One month later, it launched a regional office in Hong Kong.<ref name="SCMP"/><ref name ="Tech Asia 2"/>
On December 19, 2023, Coconuts Media chairman Byron Perry announced the closure of Coconuts Tabloid Media. Perry attributed the closure to the difficulty of financial sustainability and regional journalistic challenges. Despite the closure of its namesake outlet, holding company Coconuts Media continues to operate its other subsidiaries, including BK Magazine, Soimilk, and Grove.<ref>{{Cite web |title=Alternative news website Coconuts to cease operations on Dec 31 |url=https://www.channelnewsasia.com/business/news-website-coconuts-co-close-dec-31-offices-4000756 |access-date=2024-04-29 |website=CNA |language=en}}</ref>
 
==Coconuts TV==
 
Coconuts Media producesproduced in-house and freelance videos as Coconuts TV,.<ref name="Manila Bulletin"/> with an average of 20,000 to 30,000 views per video.<ref name="Philstar"/> Aside from short reports and original documentaries,<ref name="Venturebeat"/><ref name="Philstar"/> Coconuts TV producesproduced [[news]], [[food]], and [[travel]] reports,<ref name="Venturebeat"/><ref name="TechAsia"/> aimed at international audiences.<ref name="TechAsia"/>
 
▲==ABS-CBN News partnership==
 
▲In March 2015, Coconuts Media signed a two-year content partnership with [[ABS-CBN Corporation|ABS-CBN]],<ref name="Manila Bulletin"/><ref name="Philstar"/><ref name="Inquirer"/> allowing both parties to exchange news, features and video content on their respective platforms.<ref name="Philstar"/> ABS-CBN said it hoped the deal with help them gain more granular coverage, especially in Southeast Asia,<ref name="Philstar"/><ref name="Manila Bulletin"/> while Coconuts Media said it wanted to expand its coverage of [[hard news]] and [[sports]].<ref name="Philstar"/><ref>{{cite web |url=http://adobomagazine.com/philippine-news/what-can-we-expect-abs-cbn-x-coconuts-media |title=What can we expect from ABS-CBN x Coconuts Media? |last1=Bayani |first1=Oliver |date=15 May 2015 |website=adobomagazine.com |access-date= 1 April 2016}}</ref>
 
==Funding and revenue==
Line 63 ⟶ 62:
The main sources of revenue for Coconuts Media are reported to be traditional online [[banner ads]], sponsored content<ref name="Marketing"/><ref name="TechAsia"/><ref name="Tech Asia 2"/> and video content, with some footage having been sold to unnamed European TV channels.<ref name="TechAsia"/>
 
InFrom 2015- to 2016, Coconuts Media produced a sponsored content package for Thailand’s [[Singha]] beer, for which Coconuts TV produced a 12-episode video series on its food channel.<ref name="Venturebeat"/><ref name="TechAsia"/> Coconuts Media also uses pre-roll ads for onsite videos.<ref>{{cite web |url=http://www.telecompaper.com/news/coconuts-taps-brightcove-for-online-video-service-in-asia--1133554 |title=Coconuts taps Brightcove for online video service in Asia |author=<!--Staff writer(s); no by-line.--> |date=15 March 2016 |website=telecompaper.com |access-date=1 April 2016}}</ref>
 
Coconuts media reportedly made almost $500,000 in revenue in 2015, with projected revenues in excess of $1 Million for the year of 2016.<ref name="Venturebeat"/>
 
==References==
Retrieved from "https://en.wikipedia.org/wiki/Coconuts_Media"