Zoom's US wing expands its base into fitness centers

September 16, 2008 by Dave Haynes

Note – client of my masters …

Montreal-based Zoom Media has, through its US wing, expanded its empire through the acquisition of ClubCom, a very large network of screrens in health clubs and gyms across America.

Reports the Globe and Mail:

The deal, estimated at between $20-million and $30-million, will give Zoom 25,000 digital screens that sell advertising in health clubs and athletic facilities across the United States.

The move is part of a broader push into digital screens and billboards that Zoom is undertaking, Mr. Francois de Gaspé Beaubien said.

Zoom owns 1,250 digital advertising screens prior to the ClubCom deal and wants to spend roughly $50-million over the next three years to bolster its holdings.

“About 12 months ago, I started getting into digital, because we can clearly see that’s the way the world is going,” Mr. de Gaspé Beaubien said. “My primary focus is going to be the U.S. and Canada over the next six months, and then of course I’m going to look at expanding in Europe as well.”  




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