Dentsu Aegis Network Acquires Media Storm To Elevate Merkle’s Multi-Channel Performance Media Services
Third acquisition of 2020 focuses on strategic vertical growth in the media, entertainment, and retail segments
Dentsu Aegis Network has acquired Media Storm, one of the largest independent data-driven audience planning and targeting agencies from founders Craig Woerz and Tim Williams, as well as private equity firm TZP Group. The company will provide Merkle, a leading technology-enabled, data-driven performance marketing agency, with expanded capabilities across key verticals. Media Storm has deep roots in the media and entertainment industries, helping networks, cable, apps, and theatrical companies grow ratings, subscriptions, box office, and brand awareness success throughout its 18-year history. Media Storm also has a strong track record in the retail and travel/tourism sectors.
Recommended AI News: Artificial Intelligence Startup Labelbox Closes $25 Million in Series B Funding
With this acquisition, Merkle further enhances its multi-channel performance media capabilities, bringing new opportunities for growth to clients. Media Storm’s track record in both digital and traditional channels within the media, entertainment, and retail sectors will strengthen Merkle’s media solutions in a number of key areas including the rapidly growing tune-in and over-the-top (OTT) media services. Media Storm’s unique approach to using audience decision science to drive planning and optimization is a strong complement to Merkle’s industry-leading, people-based marketing approach.
Additionally, the combination of Media Storm’s specialized hyper-local, multi-channel retail approach and Merkle’s digital performance media and CRM capabilities creates a differentiated market solution that will offer new opportunities for Merkle’s valued retail clients.
Recommended AI News: Wilson Elser Announces Global Cyber Capabilities
“There are very few companies that make perfect sense to unite with, Dentsu Aegis Network and Merkle is that agency. The power of our combined agencies is unmatched in the industry,” said Craig Woerz, managing partner and co-founder of Media Storm. “We both do what we say and deliver on our promise to clients. I couldn’t be more inspired to elevate data-led innovation in accountable media as a part of the Merkle family.”
All of Media Storm’s 167 employees will make the transition to Merkle and Woerz will remain Media Storm’s Managing Partner, reporting directly to Patrick Hounsell, EVP, Media Services at Merkle.
“The acquisition of Media Storm supports Merkle’s long-term strategic plan to use first-party data to inform and drive marketing across all media channels,” said Craig Dempster, president, Merkle Americas. “With their audience-first approach, Media Storm helps to extend our existing capabilities to multi-channel performance media and enables us to connect to a broader execution of Media programs.”
Recommended AI News: TCS Records $5,586 Million in Revenue for Q3 2019; Trains 327k+ Employees in Digital Technologies
You made several nice points there. I did a search on the subject and found mainly folks will have the same opinion with your blog.