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Next15 acquires Story Worldwide as it announces pre-tax profit fall

on Oct 7, 2014 | 0 comments

By Stephen Lepitak

Marketing services group Next15 has acquired US content business Story Worldwide for $6.6m while also announcing an unaudited pre-tax loss of £0.95m for its annual figures following restricting costs.

The cash acquisition of Story, which has offices in both Seattle and New York, is set to be completed by the end of this month, with the agency having counted Unilever, Lexus and Beech-Nut amongst its clients.

Meanwhile, the group, which also owns Bite, Text 100 and Beyond, has revealed a 6 per cent unaudited growth for the 12 months to 31 July 2014, to £101.5m but reported a pre-tax profit loss following Read full story ›

Source: The Drum