WPP's GroupM Acquires Majority Stake in Social Media Agency

WPP's GroupM announced today that it has acquired 75 percent of the share capital of LaCommunidad, the Dutch interactive agency behind imaginatively named viral tracking technology, ViralTracker. LaCommunidad specializes in viral and social media campaigns, and has worked with big name European brands including ebay, Ford, and Dutch Airline KLM

WPP’s GroupM announced today that it has acquired 75 percent of the share capital of LaCommunidad, the Dutch interactive agency behind imaginatively named viral tracking technology, ViralTracker.

LaCommunidad specializes in viral and social media campaigns, and has worked with big name European brands including ebay, Ford, and Dutch Airline KLM. According to a release today, the investment “continues WPP’s strategy of strengthening its capabilities in digital media.”

WPP recently acquired a minority stake in U.S.-based Integrated Media Measurement Inc., the developer of an end-to-end media measurement system that links media exposure to consumer action.

However, rumors of a more significant ad-related investment have been circulating since last September. One possible target is rumored to be SpotRunner, an Internet agency offering localized Web and TV ads for small businesses, in which WPP already owns a small stake.

Subscribe to get your daily business insights

Whitepapers

US Mobile Streaming Behavior
Whitepaper | Mobile

US Mobile Streaming Behavior

5y

US Mobile Streaming Behavior

Streaming has become a staple of US media-viewing habits. Streaming video, however, still comes with a variety of pesky frustrations that viewers are ...

View resource
Winning the Data Game: Digital Analytics Tactics for Media Groups
Whitepaper | Analyzing Customer Data

Winning the Data Game: Digital Analytics Tactics for Media Groups

5y

Winning the Data Game: Digital Analytics Tactics f...

Data is the lifeblood of so many companies today. You need more of it, all of which at higher quality, and all the meanwhile being compliant with data...

View resource
Learning to win the talent war: how digital marketing can develop its people
Whitepaper | Digital Marketing

Learning to win the talent war: how digital marketing can develop its peopl...

2y

Learning to win the talent war: how digital market...

This report documents the findings of a Fireside chat held by ClickZ in the first quarter of 2022. It provides expert insight on how companies can ret...

View resource
Engagement To Empowerment - Winning in Today's Experience Economy
Report | Digital Transformation

Engagement To Empowerment - Winning in Today's Experience Economy

2m

Engagement To Empowerment - Winning in Today's Exp...

Customers decide fast, influenced by only 2.5 touchpoints – globally! Make sure your brand shines in those critical moments. Read More...

View resource