Mercury Media, the Santa Monica promoting organization behind the tv commercials for Ronco solutions, Shark vacuum cleaners, Zumba Fitness and Hoveround wheelchair-styled automated autos, stated it has acquired iMarketing, a boutique Net ad company.
Money information have been not disclosed.
About 30 personnel with the Princeton, N.J.-based iMarketing are already absorbed by Mercury Media, stated John Barnes, chief executive of Mercury. The transaction closed Dec. 31 and was officially announced this week.
The invest in was made to offer the privately held Mercury a greater World-wide-web footprint with iMarketing customers such as Dow Jones & Co., the parent in the Wall Street Journal, eDiets, Barclays and Yahoo! The 13-year-old iMarketing company, a survivor of your dot.com boom, last year generated more than $30 million in billings.
Mercury Media specializes in what are known as "direct response" advertisements, which includes infomercials and one- and two-minute TV commercials that frequently end with an announcer encouraging consumers to call a 1-800 telephone number to buy a product directly rather than visiting a retail store.
iMarketing specialties, like search engine advertising and strategy and analytics, will complement Mercury's already-strong tv business.
"Our business is moving increasingly to a world that is a hybrid of tv and online promoting," Barnes stated.
Barnes stressed the continuing importance of tv, calling it "the most powerful medium -- there is nothing that compares to it."
Increasingly, however, product makers are more focused on using the Web to more effectively engage would-be shoppers. "The two parts of media that are growing are the tv business and the online business," Barnes mentioned. "That's why this acquisition is a perfect marriage for what we do."
Mercury Media, which started 23 years ago, now boasts about 160 personnel in its headquarters in Santa Monica and offices in Marlboro, Mass., Philadelphia and now Princeton. Most work at the Santa Monica headquarters. The enterprise is a leader in the direct-response promoting space.
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