Iris pairs up with US media company Meredith Corporation
By Sara Kimberley, campaignlive.co.uk, Friday, 21 October 2011 09:56AM
Iris has sold a minority stake to magazine and TV company Meredith Corporation, and the two companies are launching a global creative network combining their specialisms.
The partnership will combine Iris's global creative services with Meredith's content and CRM capabilities.
Iris will share its consumer insights with Meredith, which publishes a range of home and lifestyle magazines and has 12 broadcast stations, to offer clients a range of services, such as loyalty, analytics, mobile, campaign management and digital.
The network will not have a separate identity and will be run separately by both companies' management teams.
Fuller details will be unveiled this weekend in the US, at the Association of National Advertisers Annual Masters of Marketing conference in Phoenix, Arizona, where Meredith will announce it will rebrand its integrated marketing arm as Meredith Xcelerated Marketing.
The network will have a combined client list including Kraft, Honda, Chrysler, Sony Ericsson, Microsoft and Adidas.
Ian Millner, global chief executive and co-founder at Iris, said: "This is going to offer clients a real alternative to the traditional agency network model and one that is fit for the ‘always on’ world we now live in.
"We believe that the best marketing in the world looks and feels more like ‘participation content’ than the more linear models around marketing communication."
Follow Sara Kimberley on Twitter @SaraKimberley
This article was first published on campaignlive.co.uk
- Creative Designer/Artworker Creative Recruitment £25000 - £27000 per annum, City of London
- SENIOR ACCOUNT DIRECTOR - COULD BE PART TIME Barker Graves Up to £50k plus bens, South West London close to transport links
- Freelance Content Manager Source £150 - £300 per day, London
- Freelance Account Handlers with agency experience Source £220 - £260 per day, London
- ACCOUNT DIRECTOR CONTRACT OR PERM FMCG - digi and ATL Barker Graves £60K PLUS BENEFITS, London (Central), London (Greater)
- Katharine Viner becomes first female editor-in-chief of Guardian News & Media
- Tesco media review pits Initiative against MediaCom and ZenithOptimedia
- Google's European leader says viewing habits are 'changing dramatically'
- 'Advertisers are snake oil salesmen', says Peter Oborne
- Martin Sorrell talks Maurice Lévy, Tesco, and the global outlook
- 7 things Proximity has learned in the new Omnicom building