PARAMOUNT GLOBAL ACQUIRES ICONYC INC
Paramount Global announces the acquisition of award-winning media agency ICONYC Inc. to become part of the Paramount Global family.
ICONYC Inc. is a one-of-a-kind global cooperative of like-minded creatives and entrepreneurs. Connected through creative thinking but harmonized through a shared vision for a better, more unified future, powered by positive thinking and no discrimination or prejudice, ICONYC Inc. is a media agency like no other. Progressive, creative, and innovative, their mission, vision, and ethos is to create meaningful dialogue and bring the creative community together.
“We continue to look at accretive and synergistic acquisitions both in the domestic as well as international markets. Our emphasis was and always will be, on strategic acquisitions, and we will not be doing it just for the sake of it. Ultimately, the goal is to use acquisitions to compress time on product development and get people on the team, who can help build out areas of the company they have experience in,” states Nathan S. Berman, Corporate Development & Strategy Officer of Paramount Global. “ICONYC Inc. and their outstanding solutions represent all these abilities and align with who we are and what we do here at Paramount Global.”
“Paramount Global have established their credentials as innovators with their multifaceted operations through rigor and discipline. The agility to execute multiple strategies concurrently requires the right leadership capabilities, workforce skills, and corporate cultures to support digital transformation,” said Dr. John Johnson, founder and director of ICONYC Inc. "Becoming part of Paramount Global’s extensive ecosystem will enable us to develop & bring solutions to an even bigger audience.”
Paramount Global & ICONYC Inc. share the same vision, purpose, and spirit; to set a new benchmark for progressive, meaningful creations that provide opportunities, new solutions, and benefits for creative communities while exploring and championing the most exciting new possibilities in technology.
Bound by this exciting fusion of art, technology, community, and entrepreneurship, more groundbreaking creations are set to follow....