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Media Services Merge to Reach International Market

Published on July 12, 2006 | Email this article

Three major media services firms, U.S.‘s Horizon Media, Canada’s Cossette Media and the U.K.‘s BLM, have recently joined to form Columbus Media International. The merger also includes independents from 13 other countries, MediaPost reports.

Considered a global network, the new company will operate from North America, Europe, Russia and Asia Pacific.  The group will operate from two central offices which are located in New York and London. The business will offer an alternative solution for international marketers who are unsatisfied with their multinational media agencies.

Horizon is ranked as the 13th largest media-buying agency in the U.S. with $1.3 billion in projected 2006 media billings, according to estimates projected by the RECMA.

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