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Spotlight on Northwest Creative: Seattle’s POP Pops Some Corks

January 17, 2013 By 1 Comment

Inide agencies, especially indie agencies with a strong digital practice, are hot properties. Holding company execs circle, but the news here is that increasingly these holding companies are media companies. For instance, Hearst bought the digital marketing firm iCrossing for $325 million in 2010, while Meredith has acquired a series of agencies including O’Grady Meyers and Genex.

Now, according to Ad Age, Advance Publications, parent company of Conde Nast and magazines like Wired, Vogue and Vanity Fair, has acquired POP, a digital ad agency based in Seattle.

“As the transition to a digitally-centered world continues, the demand for the services of pure-play digital agencies will only grow stronger,” said Steve Newhouse, chairman of Advance.net, a division of Advance, in a statement.

Founded in 1996, Pop had 2012 revenue of $35 million servicing clients like Nike, Target, Microsoft and Toyota. It added 34 employees last year and now has 200 overall working in Seattle and San Jose, Costa Rica.

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Filed Under: Agencies, Media Trends, Spotlight on NW Creative
About David Burn

I wrote my first ad for a local political candidate when I was 17. She went on to win her race, and I felt the power of persuasive copy for the first time. Starting in Portland in 1995, I worked my way across the country as a copywriter and eventually became a content director making media products for big packaged goods brands. I returned to Oregon in 2008, and now I focus on building brands for companies that matter, including this one.

  • http://twitter.com/PeterLevitan Peter Levitan

    Media company buys digital agency. Then does digital “advertising” work for advertising clients. Nothing particularly new here but a good representation of how traditional full-service ad agencies are being disrupted. Side note, I worked for Advance when they decided to go digital in the late 1990′s.