SANTA MONICA, Calif.–(Business WIRE)–Entravision Communications Corporation (NYSE: EVC) (“Entravision” or “the Company”) introduced nowadays that the Company has entered into a definitive arrangement to obtain MediaDonuts, a primary digital internet marketing general performance and branding firm with functions throughout seven countries in the Asia-Pacific location. For in excess of a 10 years, MediaDonuts has aided its clients reach their functionality and branding targets across electronic media channels. The acquisition is anticipated to shut on or about July 1, 2021.
Started in 2010, MediaDonuts delivers considerable digital advertising and marketing capabilities by way of its strategic partnerships with main world-wide media and technology platforms. Headquartered in Singapore, MediaDonuts serves additional than 500 technologies and shopper model clientele.
“We are thrilled to announce our acquisition of MediaDonuts,” mentioned Walter Ulloa, Chairman and Main Govt Officer of Entravision. “This acquisition is a pure in shape with the in general digital and global transformation method of our company. Entravision has often targeted on giving promoting alternatives in large advancement marketplaces and partnering with the strongest media and technologies platforms in the planet. We believe that the incorporation of MediaDonuts into the Entravision system adds leadership, sales operations and electronic offerings that will more propel our digital initiatives.”
Entravision’s acquisition of MediaDonuts is the future vital action in the Company’s prepare to develop into a major internet marketing know-how services company in the world’s highest growth economies. Southeast Asia signifies a business milestone, as Entravision will be tapping into a new consumer sector that represents nearly 700 million folks, 400 million of which are digitally connected.
“When we launched MediaDonuts, we wanted to develop a digital marketing and advertising and functionality assistance organization that could seamlessly join advertisers and companies with their goal audiences. By crafting an perfect mix of partnerships, together with some of the world’s most significant social and amusement networks, we have accomplished just that and much more,” explained Pieter-Jan de Kroon, Co-Founder and Chief Executive Officer of MediaDonuts. “With our business enterprise positioned for success, we are enthusiastic to now have the option to sign up for the global digital system Entravision has designed over the earlier 10 years. I am self-assured in the several industrial, technological and product growth synergies our enterprise will realize heading ahead as a combined entity.”
“We are pretty energized to welcome Pieter-Jan and the whole MediaDonuts staff to the Entravision loved ones,” explained Juan Saldívar, Entravision’s Main Digital, Technique and Accountability Officer. “Expanding our digital business is main to our all round progress plans, and next our the vast majority investment decision in Cisneros Interactive this earlier October, digital now represents in excess of 65 per cent of our revenues. With a worldwide digital platform now poised to access and serve purchasers in 32 nations, we are self-assured the addition of MediaDonuts will even more enhance our service choices and assistance drive our ongoing global expansion.”
On the closing of this transaction, all MediaDonuts workers will remain with the enterprise, and Pieter-Jan de Kroon will continue on to serve as CEO of the enterprise centered out of its headquarters in Singapore. MediaDonuts has a staff of more than 80 personnel located in Singapore, Thailand, Philippines, Vietnam, Indonesia, Malaysia and India. MediaDonuts’ refined gross sales and media innovators offer companies in programmatic acquiring, technological know-how and insights and media arranging that help main models to remodel their digital client engagement techniques. The firm has also created a media illustration arm that supports some of the largest names in media and technological innovation across Southeast Asia by its considerable income group.
For extra information on the transaction, be sure to review the Company’s most latest filings with the Securities and Trade Fee on Sort 8-K.
About Entravision Communications Corporation
Entravision is a diversified global media, internet marketing and technological know-how enterprise serving clientele in the course of the United States and in a lot more than 20 nations around the world throughout Latin The united states, Europe, and Asia. Entravision has 54 tv stations and is the largest affiliate team of the Univision and UniMás television networks, and 48 Spanish-language radio stations that function nationally recognized, award-successful expertise. Our dynamic electronic portfolio incorporates Entravision Digital, which serves SMBs in substantial-density U.S. Latino marketplaces and presents slicing-edge cellular programmatic solutions and desire-aspect platforms that enable advertisers to execute effectiveness campaigns making use of machine-uncovered bidding algorithms, alongside with Cisneros Interactive, a leader in electronic advertising and marketing alternatives in the Latin American and U.S. Hispanic markets representing big technologies platforms. Shares of Entravision Class A Prevalent Stock trade on The New York Stock Exchange below the ticker symbol: EVC. Discover extra about all of our media, internet marketing and technological know-how choices at entravision.com or link with us on LinkedIn and Facebook.
MediaDonuts is an on the internet promoting and know-how organization that can help advertisers obtain their efficiency and branding plans throughout electronic media channels. MediaDonuts connects makes with their respective audiences by strategic partnerships with big worldwide media and technological innovation platforms. MediaDonuts has offices in 7 countries across APAC with its headquarters in Singapore. For extra details, you should take a look at https://mediadonuts.com/.
Forward On the lookout Statements
This press launch incorporates certain forward-looking statements, like without the need of limitation the Company’s current anticipations and intentions with regard to the filing of its Type 10-K. These ahead-on the lookout statements, which are integrated in accordance with the harmless harbor provisions of the Private Securities Litigation Reform Act of 1995, might involve recognised and unknown dangers, uncertainties and other variables that may well bring about the Company’s precise outcomes and efficiency in long run intervals to be materially distinctive from any future success or effectiveness proposed by the forward-on the lookout statements in this push launch. Despite the fact that the Business believes the anticipations mirrored in these kinds of ahead-seeking statements are based mostly upon fair assumptions, it can give no assurance that actual effects will not differ materially from these anticipations, and the Organization disclaims any duty to update any forward-on the lookout statements manufactured by the Business. From time to time, these dangers, uncertainties and other aspects are talked about in the Company’s filings with the Securities and Exchange Fee.