New York, January 15, 2010 – Nick Brien, President and CEO, Mediabrands today announces the appointment of Matt Freeman, as CEO, Mediabrands Ventures effective immediately. The former CEO of media start-up Betawave and of Omnicom’s Tribal DDB Worldwide joins Mediabrands to scale the network’s portfolio of digital and specialized businesses. Matt will also collaborate with the flagship media management agencies of UM and Initiative to complement and strengthen their business offering.
This senior hiring amplifies Mediabrands’ commitment to the global expansion of specialist business units such as Reprise Media (search/social), Cadreon (audience demand platform), Ansible (mobile marketing), Orion Trading (media barter), Geomentum (hyper-local) and The Emerging Media Lab, as well as a determination to the help create new business growth for the network. In conjunction with this announcement, Reprise Media opens it doors in five new markets (details below).
“Mediabrands is committed to investing in our diversified businesses to ensure customized marketing solutions for our clients. Matt’s global business experience and entrepreneurial expertise are a perfect match for our ambitions to scale our digital and diversified capabilities,” stated Nick Brien, President and CEO of Mediabrands. “Matt will be an essential player on our leadership team and becomes the necessary catalyst for our global expansion. He’s sure to stimulate fresh thinking and dynamic behavior across the organization.”
“I believe the next great frontier for creativity is actually in media,” stated Freeman. “And I believe Mediabrands has the assets, the ambition and the spirit of invention to lead the way in an increasingly fluid media marketplace.”
REPRISE MEDIA GLOBAL EXPANSION ENABLED BY PROPRIETARY PLATFORM
Reprise Media, an award-winning search and social marketing agency today announce the global expansion of its services and technology, powered by the agency’s proprietary Search platform. The global technology will unite all Reprise Media offices under the successful search marketing model currently servicing the company’s clients in the US, creating an integrated international solution. Today, Reprise Media offices open its doors in London, Paris, Frankfurt, Madrid, and Sydney. The company plans to continue its global expansion throughout 2010 with additional offices in Italy, the Netherlands, Chile, Columbia, China, Denmark, Japan, India, South Korea, Poland, Belgium, Czech Republic, Portugal and others across the major regions.
By expanding the successful Reprise Media Search platform into these new markets, Reprise Media has created the industry’s first true global search technology, providing Reprise and Mediabrands clients access to consistent and localized services, expertise and innovation across markets. Reprise Media has established fully-integrated offices around the globe through a combination of redeployment of US employees and extensive staffing and training efforts. While operating independently in each market, these new offices will partner with Mediabrands media marketing units of Initiative and UM to power seamless worldwide client solutions.
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“Today’s most innovative marketers are taking a hard look at their digital media options on a global scale. Mediabrands and Reprise Media have identified a tremendous gap in the way search marketing is managed internationally,” said Matt Freeman, CEO, Mediabrands Ventures. “Right now marketers are dealing with international options that are disjointed; with little coordination between the way search campaigns are structured and managed. It is Mediabrands vision to create the digital agency model of the future. Leveraging a globally-connected, search marketing technology solution is something that will dramatically elevate digital marketing for our clients.”
Reprise Media’s proprietary campaign platform was developed to create, manage, measure and optimize search marketing campaigns from a single interface. With this expansion, this proprietary technology now gives each global office access to the same suite of world-class tools that can be fully customized by market to incorporate localized features such as language, currency, characters (for Asian languages) and search engines. As the market continues to evolve, and as Reprise Media expands to new countries, the Search technology will be further tailored to address new search engines, social properties, advertising exchanges and web analytics packages.
“The nature of search marketing has changed significantly in the last few years. Text ads on search results pages have given way to display, video and enhanced ad units, and the auction-based advertising model has spread far beyond the search engines,” said Joel Lapp, SVP, Product Management, Reprise Media, “It was for this reason that the proprietary tool was built with flexibility in mind. The technology can easily accommodate and integrate with new advertising opportunities, languages, currencies and character sets; even entirely different networks of search engines. We are excited to see the technology we designed for English speaking markets realizing its potential as we apply it to the challenges of new markets.”
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About Matt Freeman
Matt was most recently CEO of the Betawave Corporation, an early-stage digital media company. Over 18 months, Matt led a $22.5 million recapitalization and spearheaded the company’s ascent to become the #1 Youth media company (ages 6-17), #2 Women & Moms (25-54) and a top-5 player in 18-34 demographics (comScore: November, 2009).
Prior to Betawave, Matt founded and served as CEO of Omnicom Group’s Tribal DDB Worldwide. Under his leadership, the agency grew to a global network of 45 offices spanning 28 countries and became the first digital agency in history to be named Global Agency Network of the Year by Advertising Age. Matt also served on both the board of Directors and the Executive Committee of DDB Group.
Matt, a graduate of Dartmouth College and the School of Visual Arts, has been inducted into the American Advertising Federation Hall of Achievement; has served on the board of the Advertising Club and the American Association of Advertising Agencies (4As) and is a member of the Marketing Advisory Board of the Museum of Modern Art (MoMA).
Reprise Media (www.reprisemedia.com) is a leading global search and social marketing agency. The company helps leading brands – including Microsoft, The Home Depot, and Hyundai, – manage their online reputations, drive traffic to their websites, acquire new customers and generate revenue through search engines and social networks. Headquartered in New York, the company has offices in San Francisco, Atlanta, Boston, London, Paris, Frankfurt, Madrid and Sydney. SearchViews (www.searchviews.com), the company’s blog, provides daily news and commentary on the search engine marketing industry and is considered a must-read by industry insiders.
About Mediabrands
Created by IPG to manage all of its global media-related assets, Mediabrands employs 6,500 communications specialists operating in 90 countries and manages $32B in global media billings. It is a proven entity in helping clients maximize the impact of their marketing investment to deliver explosive business results. Mediabrands enhances the communications offering and performance across its network of media agencies including Initiative, UM, MAGNA and a roster of specialty service groups. Mediabrands is part of Interpublic Group (NYSE: IPG), one of the world’s leading organizations of advertising agencies and marketing services companies. For more information, please visit www.mediabrands.com
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