GPOP Merges with Underknown to Expand Media Influence
Deal News | Nov 12, 2024 | Globenewswire
In a significant development in the digital media industry, Underknown, a leading digital-first media company known for its innovative content, has announced the completion of a merger with GPOP, an independent creator media agency founded by Michael Gardner and Yaz Narcin. The merger, described as strategic, aims to bolster the capabilities and reach of both entities, combining Underknown's content expertise with GPOP's agency strengths. This merger marks Underknown's third successive acquisition in as many years, underscoring its aggressive expansion strategy. Underknown is well-known for producing content such as 'What If', 'Aperture', and 'How to Survive', with a substantial global footprint that includes over 80 million monthly active viewers and 90 channels. GPOP, despite being only a year old, has established partnerships with nearly 20 media creators, amassing a subscriber base of almost 100 million on YouTube. This merger not only expands Underknown's portfolio but introduces innovative growth strategies to its platform, as well as to GPOP's creator partners. The deal positions Steve Hulford, CEO of Underknown, alongside GPOP's co-founders, in a collaborative leadership role. Yaz Narcin will assume the role of Managing Director of GPOP, while Gardner will focus on strategic initiatives as EVP of Partnerships at Underknown.
Sectors
- Digital Media
- Advertising and Marketing
- Entertainment
Geography
- Canada – The article is centered on companies based in Toronto, highlighting significant strategic activity within Canada's digital media sector.
Industry
- Digital Media – The article involves companies specializing in digital content production and distribution, highlighting innovations and audience engagement strategies in the online media landscape.
- Advertising and Marketing – GPOP's expertise as a creator media agency focusing on subscriber growth and revenue strategies aligns with this sector, as they aim to leverage media influence for commercial advantages.
- Entertainment – Underknown is involved in producing entertainment content across various channels, appealing to a large audience base in different languages.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Underknown | Bidding Company | Company | A leading digital-first media company known for its factual content produced in multiple languages. |
GPOP | Target Company | Company | An independent creator media agency co-founded by Michael Gardner and Yaz Narcin. |
Michael Gardner | Co-founder of GPOP and EVP of Partnerships at Underknown | Person | Co-founder of GPOP, driving strategic initiatives at Underknown following the merger. |
Yaz Narcin | Co-founder and Managing Director of GPOP | Person | GPOP co-founder taking on the Managing Director role as part of the merger with Underknown. |
Steve Hulford | CEO of Underknown | Person | CEO of Underknown, leading the company through this strategic merger to expand media influence. |