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Advance

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Advance - ICT showcase

Year Founded & Workforce

1922

18,000 Employees

Industry

ICT

Services

Global Entertainment & Media Market
A

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Advance Overview

Company Headquarters: US

Founded: 1922

Workforce: ~18,000

Company Working: Advance is a private, family-held media company engaged in media, entertainment, technology, communications, education, and other products and services. It owns and operates Condé Nast, Advance Local, Stage Entertainment, The IRONMAN Group, American City Business Journals, Leaders Group, Turnitin, 1010data, and Pop. Advance is also among the largest shareholders in Charter Communications, Warner Bros. Discovery, and Reddit. The company has a presence in over 29 countries and continues to expand its market presence through investments in leading business enterprises.

Strategy

Advance is focused on building the company's value over the long term through innovation, a diversified product portfolio, and the acquisition of potential revenue-generating and innovative companies. The company aims to collaborate with companies with unique capabilities and create long-term value for its stakeholders. It has a strong brand image and intends to continue holding it while expanding in emerging markets and enriching market reach.

Company Snapshot

18,000

Employees

1922

Founded

US

Headquarters

Key Developments

DateApproachDevelopment
July 2020AcquisitionAdvance acquired the IRONMAN Group, one of the largest mass participation sports platforms and owner and organizer of endurance events such as triathlon, trail running, cycling, and mountain biking for individuals. With this acquisition, the company has strengthened its market reach and enhanced its product portfolio.
March 2019AcquisitionAdvance acquired a leading provider of education technology for academic integrity and writing solutions firm: Turnitin. This has helped the company enhance its educational product offerings.
October 2018AcquisitionAdvance announced the acquisition of Stage Entertainment, one of the top theatre producers and owners in the Netherlands, Germany, Spain, France, Italy, Russia, the UK, and the US.

Product Offering

  • Advance
    • Global Entertainment & Media Market

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