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Eye Open The Door To North America | Eye Open The Door To North America |
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Chief Executive Officer – Eye Group Gerry Thorley announced today Eye’s establishment of its North American operation. With the 100% acquisition of the shopping mall advertising business previously conducted by Media Choice LLC, Eye have commenced operating as an Out-of- Home Media Mall operator with established offices in New York and Austin. The acquisition took place on June 14, 2006 and carries the assigned static, indoor advertising rights to up to 150 properties, 14 are independent and the remainder are Simon Property Group related malls. Gerry Thorley commented that, ‘The senior Eye management team have spent the past 12 months analysing and evaluating business opportunities in the USA and the expansion of our business into North America is testament to them.’ Of the 150 properties in the Eye Mall Media portfolio, 91 malls are currently deployed and have in excess of 800 panels available. The remaining 59 malls will be rolled out over the next 10 months increasing the advertising panel universe to 1400. All malls in the portfolio will trade under the Eye Shop product range. The portfolio includes the Montgomery Mall and Oxford Valley in Philadelphia and SouthPark in North Carolina. Mikael Thygesen, Senior VP Business Development, Simon Property Group commented, ’We believe that Eye shares Simon’s desire to transform and enhance mall media. Eye has the experience and capabilities to deliver a first-class indoor static media program at Simon Malls.’ Eye Shop will provide a mixture of internal and external, static and scrolling displays throughout the portfolio. Newly appointed CEO of Eye Media, North America, David Gibbs said, ‘Eye Mall Media (USA), LLC will also integrate 17 Media Choice employees into the organization which will continue to operate out of the Austin office and a head office has been established in New York.’ ‘They are a great team and will all make a significant contribution to the Eye business development.’ Eye Corp began its life in Australia in 2000 and is one of the world’s fastest growing Out-of-Home media solutions companies. In the past 18 months Eye has expanded into South-East Asia and Europe. The move into North America has been part of Eye’s ongoing commitment to look to new regions where the Eye expertise, product quality and innovation are of value. Eye has offices in and operates outdoor media businesses in Australia, New Zealand, Indonesia, Singapore, Europe and North America. * Eye Corp is a wholly owned subsidiary of The Ten Group Pty Limited, which operates Australia’s TEN television network. For more information: North American Contacts David Gibbs Diane Tremain CEO - Eye Media, North America Marketing Director - Eye Media, North America T: + 1 917 992 1800 T: +61 2 8584 2222 E: davidgibbs@eyecorp .com E: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it Australian Contacts Gerry Thorley Janine Wood Chief Executive Officer – Eye Group Marketing Director - Eye Group T: +61 2 8584 2222 T: +61 2 8584 2222 F: +61 2 9552 2826 F: +61 2 9552 2826 E: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it E: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it www.eyecorp.com www.eyecorp.com |
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| Last Updated ( Sunday, 11 March 2007 ) |
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