Company
LON:WDC
Iconic Labs PLC is a media and technology business focused on the identification, acquisition and growth of technology-driven companies in the online media, artificial intelligence and big data gathering, processing and analysis sectors. The company works with lean online companies that can scale rapidly, operate internationally with an inexpensive footprint, and provide a broad array of services across various sectors through the effective use of information and video gathering, data mining, just-in-time processing and online collaboration technology.
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The service, Infotagion, is backed by a cross party group of current and former parliamentarians, members of the House of Lords as well as campaigners, academics and celebrities
GSN will provide editorial content to promote a live event. No commercial details were disclosed.
The media firm is aiming to generate enough income to "cover all general and administrative costs during the second half of 2020”
Under the deal, the company will create and distribute bespoke content through its Gay Star News website to support the client’s social media engagement campaign
Through its GSN (Gay Star News) LGBTI+ news website, the group will create and distribute bespoke content to support the client's campaign to increase its social media reach
The firm said since the relaunch in late-Janaury the site is attracting over a million monthly users and has secured initial revenues and a sales pipeline ahead of management expectations
GSN, which has been rebuilt and rebranded, attracts over 1mln people each month and makes revenue through online ads
London-based Bacchus will offer its expertise in music, events management and celebrity talent procurement to assist Iconic's client base
The media firm will immediately begin work on a six-week campaign targeting the 'on-demand Yoga and Pilates market'
Sefton is stepping down amid " rumour and market speculation" related to his previous company Anglo African Oil & Gas Plc which was said to be having an adverse effect on Iconic Labs.
Sam Asante, currently chief operating officer of the media group, previously worked at social media site UNILAD helping to establish commercial operations
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A glance at some of the day's highlights from the Proactive Investors newswire
The transformed media firm said revenue is being generated from advertising on the brand’s Facebook page
Last year The Tab generated revenues of £1.28mln and Iconic Labs thinks a “significant increase” in revenue and profitability is possible in the "short term".
Founded in 2011, GSN is one of the top three LGBTI publishers in the UK
Iconic will push out a press release next week, detailing what bosses have been up to and what the plan going forward is
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
Iconic Labs has made its maiden acquisition. It would have made it sooner but management has been clearing up a number of unexpected issues left over from the days when the company was WideCells.
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
