Iconic Labs PLC New Consulting & Marketing Joint Venture (6597Z)
14 Gennaio 2020 - 10:00AM
UK Regulatory
TIDMICON
RNS Number : 6597Z
Iconic Labs PLC
14 January 2020
14 January 2020
Iconic Labs Plc ("Iconic Labs" or the "Company")
New Consulting & Marketing Joint Venture
Iconic Labs Plc (LSE:ICON), a multi-divisional new media and
technology business, is pleased to announce that it has created a
50/50 joint venture marketing services company with Bacchus
Creative Entertainment ("Bacchus") called Coalition Media Limited
("Coalition").
Coalition has been established to utilise the industry leading
expertise of the Iconic Labs team in understanding social media,
digital content production and access to media platforms like GSN
to assist clients of Bacchus. The Iconic Labs team will also
utilise the expertise and contacts of the Bacchus team in creating
music, managing events and procuring celebrity talent for potential
clients of Iconic Labs.
Bacchus Creative Entertainment has expertise in music creation
and supervision, strategic partnerships, celebrity procurement and
event management. It has previously worked with clients including
Jack Daniel's, Lotus F1 and Dior, and has worked with celebrities
such as Kate Moss, Daft Punk and Emily Ratajkowski.
Under the terms of the agreement, Coalition's new board will
include John Quinlan, Sam Asante and Liam Harrington from Iconic
Labs and Damon Bryant and Edward Hoyland from Bacchus. The Joint
Venture requires no financial investment from either party. Bacchus
was previously introduced to Iconic Labs by David Sefton who helped
facilitate the creation of the joint venture.
Iconic Chief Business Officer, Liam Harrington, said, "We are
delighted to announce the creation of this Joint Venture. We
believe this is the start of a complementary and strategically
beneficial partnership that fully utilises our expertise in digital
media and access to media platforms in addition to Bacchus's
expertise in music and events as well as strong client base. We are
confident that combining the expertise of both teams' will result
in an exciting business and a strong pipeline of clients."
Bacchus partner, Damon Bryant, said, "We are delighted to be
partnering with the team at Iconic Labs. As a creative agency with
very diverse clients this partnership adds a new and very exciting
dimension to what we can offer."
**ENDS**
For further information, please visit the Company's website
www.iconiclabs.co.uk or contact:
John Quinlan Iconic Labs Plc c/o SBP Tel: +44 (0) 20
7236 1177
Damon Heath Shard Capital Partners Tel: +44 (0) 20 7186 9950
LLP
Simon Leathers Shard Capital Partners Tel: +44 (0) 20 7186 9007
LLP
Isabel de Salis St Brides Partners Tel: +44 (0) 20 7236 1177
Limited
David Penson St Brides Partners Tel: +44 (0) 20 7236 1177
Limited
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END
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January 14, 2020 04:00 ET (09:00 GMT)
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