Press Release: Newscycle Acquires Media Services Group
BLOOMINGTON, Minn. (February 1, 2018) - NEWSCYCLE Solutions (“Newscycle“), a leading provider of software technologies for the global media industry, today announced the acquisition of Media Services Group, a major supplier of integrated digital publishing, magazine advertising, and event management software for the global magazine and book publishing industries.
Based in Scottsdale, AZ with offices in Santa Monica, CA, Bridgeport, CT, Houston, TX, and London, UK, Media Services Group further extends Newscycle’s global footprint of enterprise software solutions for publishers. The Media Service Group teams will work collaboratively with the Newscycle teams in Bloomington, MN and its regional offices to offer a full suite of digital advertising management and publishing software products to support customers across multiple media verticals.
“Media Services Group and Newscycle share a vision for the digital future of the publishing industry,” said Jeff Shine, Media Services Group CEO. “This acquisition allows the combined company to accelerate its focus on a transformational digital strategy that meets the revenue, technology and operational objectives of publishers and advertisers alike.”
The Media Services Group software suite is notable for its cloud-based technology platform that offers a comprehensive portfolio of solutions focusing on exceptional user experience and reliability. The company’s customers will continue to receive the same levels of support and services while also gaining the benefits of Newscycle’s global resources, experience and software products for content management, digital subscriptions advertising and mobile applications.
“Like Newscycle, Media Services Group provides mission-critical enterprise software platforms for media companies," said Scott Roessler, Newscycle CEO. “We are very excited about the opportunities that Media Services Group provides to accelerate our product roadmap, further enhance our product and service offering and create new functionality for all customers of the combined company.”
The transaction closed on February 1, 2018. Financial terms have not been disclosed.
Media Services Group represents Newscycle's continued commitment to growth through acquisition. In December 2017, the company acquired Acquire Media, a leading provider of content services to the news media, digital publishing, Fortune 500 and financial services industries. These acquisitions further strengthen Newscycle’s ability to provide transformative digital solutions and mission critical software to its global customer base.
About NEWSCYCLE Solutions
NEWSCYCLE Solutions develops and delivers software technology that empowers the global news media industry. Our editorial, advertising, circulation and mobile solutions enable publishers to drive profitability, accelerate digital business models and optimize core print operations. We help our clients create stronger, better-informed communities while safeguarding the integrity of news, advertising and customer information. Newscycle is a trusted partner serving over 1,200 media companies with 3,000 properties producing more than 8,000 titles in 30 countries. Our company is headquartered in Bloomington, MN and has U.S. offices in Florida, Michigan and Utah; with international offices in Denmark, Germany, Malaysia, Australia, Sweden, Norway, Canada and the United Kingdom. Please visit newscycle.com for more information or write to us at email@example.com.
About Media Services Group
Founded in 1985 to service the magazine advertising market, Media Services Group offers an extensive product portfolio designed to meet the ever-changing needs of all publishers. Over time Media Services Group has evolved to meet the digital advertising needs of the publishing industry. With offices throughout North America and Europe, Media Services Group provides integrated publishing software, magazine advertising software, and event registration software to hundreds of customers in the book and magazine industries.