SOS Raises USD 7.6 Million

Thursday, June 22nd, 2023

Adrian J Cotterill, Editor-in-Chief

SOS, the female-founded company that is redefining wellness on the go through a fast-growing network of smart vending machines has announced USD 7.6 million in funding in two separate strategic partnerships: a USD 2.6 million investment round supported by Wasserman Ventures and USD five million round led by Urban Us Capital. We are told that […]

Boxi Acquired By @AllOverMedia

Thursday, June 22nd, 2023

Adrian J Cotterill, Editor-in-Chief

AllOver Media the largest multi-platform Out-Of-Home media company in the U.S. has acquired Boxi, the nation’s largest tech-infused truck media company. We are told that the acquisition will enable AllOver Media’s truck advertising division to bolster existing offerings with industry leading technology, inventory and value for marketers in any market, segment or media budget. Jeff […]

Sparta Capital Makes Big @HYGHAG Investment

Tuesday, June 20th, 2023

Adrian J Cotterill, Editor-in-Chief

HYGH has raised €21.5 million, a hybrid financing round of debt and equity led by Sparta Capital Management Fritz Frey, co-founder and chairman of HYGH said “HYGH has the potential to become one of the global market leaders. The strong growth of DOOH advertising and the opportunities it presents support our investor’s confidence in our […]

Blackstone Announces Majority Investment in New Tradition

Wednesday, June 14th, 2023

Adrian J Cotterill, Editor-in-Chief

Back in May Bloomberg reported that a Blackstone Media investment fund was to acquire a majority stake in New Tradition, likely valuing the business between USD 500-750 million. Today Blackstone (NYSE:BX) announced that funds managed by ‘Blackstone Tactical Opportunities’ has finally acquired a majority stake in New Tradition Media. John Watson, Managing Director, and Kern […]

Clear Channel Italy & Spain Acquired By @JCDecauxGlobal

Tuesday, May 30th, 2023

Adrian J Cotterill, Editor-in-Chief

JCDecaux SE (Euronext Paris: DEC), the number one outdoor advertising company worldwide, has entered into agreements with Clear Channel Outdoor Holdings, Inc. to acquire its businesses in Italy and Spain. Jean-Charles Decaux, Co-CEO of JCDecaux, said: “These two independent acquisitions are part of JCDecaux’s selective external growth strategy. The acquisition of Clear Channel’s businesses in […]

Kubient / @AdomniOfficial Merger

Friday, May 26th, 2023

Adrian J Cotterill, Editor-in-Chief

Kubient, Inc. (NasdaqCM: KBNT, KBNTW) and Adomni Inc. have entered into a definitive merger agreement, pursuant to which Adomni will merge with and become a wholly-owned subsidiary of Kubient BUT upon closing of the merger, Kubient is expected to change its name to ‘Adomni, Inc.’ Paul Roberts, Kubient’s Founder and Chief Executive Officer, told us […]

Olyns Raises USD 4 Million Series A Funding

Monday, May 8th, 2023

Adrian J Cotterill, Editor-in-Chief

Innovative recycling technologies firm Olyns has announced a Series A financing of USS 4 million, led by Vanedge Capital. We are told that the funding will accelerate Olyns’ development of AI-driven technology and expand its dual recycling and media network. “Olyns set out to address the challenges surrounding plastic waste by rethinking the consumer recycling […]

National CineMedia LLC Now In Chapter 11

Thursday, May 4th, 2023

Adrian J Cotterill, Editor-in-Chief

In April cinema advertising network National CineMedia (NCM) announced that they had filed for Chapter 11 bankruptcy. Regular readers and industry veterans may remember that National CineMedia was formed back in 2005 as a joint venture between AMC and Regal, with Cinemark joining later that year as a founding member. It quickly grew into North […]

Wrapify Gets Major Investment From @Wrapmate

Thursday, April 13th, 2023

Adrian J Cotterill, Editor-in-Chief

Wrapmate announced this week that it has completed a strategic, majority investment in Wrapify, a leader in measurable rideshare advertising and a three-time Inc. 5000 company. “With its patented technology and years of serving some of the largest brands on the planet, Wrapify is a pioneering company that brings scale and measurement to the Moving […]

Evolve Acquired By @TalonOOH

Monday, March 27th, 2023

Adrian J Cotterill, Editor-in-Chief

Talon, the global independent Out of Home media agency, announced Monday that it has acquired Evolve. Evolve is a leading international OOH specialist and works with a wide range of brands, agencies and media owners, both in the UK and around the world and is led by its founder and CEO, Robin Hall, and Danielle […]