Zoom Media Acquires Gym TV
LONDON--(Business Wire)--
Zoom Media Corp and its subsidiary, ClubCom International Limited, a leading
provider of digital out-of-home media in Health & Fitness venues in the UK and
around the world, announced today its acquisition of Gym Screen Media ("Gym
TV"), a 160 venue digital channel located in high-end fitness centers across the
UK, including David Lloyd, Virgin Active and Total Fitness. Terms of the private
transaction were not disclosed.
The acquisition, Zoom`s fourth in just over a year in the digital fitness space
worldwide, expands Zoom`s network of fitness facilities to over 650 digital
venues across the UK and over 2,200 across the globe and makes Zoom the clear
worldwide leader in this category. "Digital media is a dramatic game changer and
we believe this is the ideal time to invest in offering our advertisers, as well
as our venue partners more solutions to address their respective challenges,"
said François de Gaspé Beaubien, Chairman & CEO of Zoom Media.
"We are thrilled to acquire one of the leading providers of customised digital
media for the UK fitness industry," said Dennis Roche, President of Zoom
Media."Amalgamating the Gym TV network with our own will allow us to offer
critical mass of the gym audience for advertisers seeking to reach fitness
members across the UK market."
The deal follows Zoom`s announcement, just six weeks ago, that it launched a
dedicated national sales force in the UK."The Gym TV estate will enable Zoom to
offer even more targeting capabilities for our advertisers andwill increase our
audience to over 20 million monthly impacts," affirmed Jill Lee, Sales Director,
Zoom Media UK.
In addition to the UK, Zoom currently operates the largest fitness digital media
network in both the US and Canada, with almost 2,000 venues between the two
countries, and has established itself as the largest and fastest growing
provider of those services through a series of acquisitions and new partner
agreements over the last 12 months.Zoom raised $30MM from ABS Capital Partners
in March 2009, to fund continued expansion around the world.
About Zoom Media:Zoom Media & Marketing operates indoor content and advertising
networks in over 10,000 venues including fitness centers, indoor soccer
facilities, bowling centers, family entertainment centers, restaurants and
nightclubs that reach active consumers. Zoom also has an in-house event
marketing and promotion department that constructs custom media placements and
marketing programs. With over 25,000 digital screens and over 55,000 billboards,
Zoom reaches over 100 million monthly viewers.Zoom Media & Marketing is a brand
name of Zoom Media Corp.www.zoommedia.com
A division of Zoom Media Corp since Sept 2008, ClubCom is the leading provider
of digital media networks for the fitness industry across the United States,
Canada, the United Kingdom, Germany, Japan and Australia.Operating in over 2,200
establishments, ClubCom manages privately branded media networks for many of the
world`s leading health club organisations.www.clubcom.com
About Gym Screen Media: Gym Screen Media produce and deliver a range of in club
TV channels to the UK health club market. Formed through the amalgamation of Gym
TV - that provides a Music and lifestyle TV service and Screen Media - that
offers interactive information channels, Gym Screenmedia is an in-club digital
screen service that offers a mix of purpose designed entertainment and
communications screens reaching UK fitness members. www.gymscreenmedia.com
Zoom Media
François de Gaspé Beaubien, 514-448-9801
Chairman & CEO
Fax: 514-448-9840
fdegb@zoommedia.com
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