AI Media Communications expands presence with strategic acquisition of premium billboard from Elev8 Media

Elev8 Media Advertising Ltd, a pioneer in the Out-of-Home (OOH) advertising sector, proudly announces the strategic sale of one of its premier static billboard at Admiralty Way, Lekki, to AI Media & Communications Ltd. This significant move marks a milestone for both companies and the broader industry.

In a commitment to fostering innovation and excellence, Elev8 Media is delighted to facilitate AI Media’s entrance into the OOH landscape. This acquisition underscores Elev8 Media’s dedication to promoting growth and diversity within the industry, reflecting confidence in AI Media’s vision and capabilities.

Mr. Funmilade Alalade, CEO of Elev8 Media, commented, “We are thrilled to welcome AI Media to the OOH community. Their innovative approach and fresh perspective are sure to invigorate the market, and we look forward to witnessing their success.”

AI Media’s venture into the OOH arena signals a new era of creativity and effectiveness in advertising solutions. Elev8 Media is committed to supporting AI Media as they embark on this exciting journey, offering guidance and collaboration to ensure mutual prosperity.

Thomas Osobu, CEO at AI Media, expressed enthusiasm, stating, “We are thrilled to add this premium billboard to our portfolio. Lekki Phase 1 is a vibrant hub of activity, and this acquisition reinforces our dedication to providing advertisers with premium platforms to connect with their target audiences.”

As industry leaders, Elev8 Media recognizes the importance of collaboration and adaptation in driving progress. The sale of this billboard signifies more than a transaction; it symbolizes the spirit of partnership and growth that defines the OOH ecosystem.

Elev8 Media remains steadfast in delivering unparalleled value to its clients and partners, championing innovation and inclusivity in the advertising landscape. The acquisition strengthens AI Media’s position as a key player in the OOH sector, marking the beginning of a promising collaboration between the two industry trailblazers.


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