Cameron Communications has announced it has hired David Cameron’s communications and mediated communication company, Mediated Communication.
The acquisition will see Cameron Communications head to the Mediated team, where he will lead the company’s digital media business and will be responsible for overseeing all its digital media and media production businesses, according to a statement from Cameron Communications.
Cameron Communications has had an incredible start to its digital business, as it acquired Mediated Entertainment for $1.8 billion in 2018.
Cameron’s digital company has more than 15 million active users, with its first big hits being The Next Web and The Guardian.
The acquisition comes after the company took a $500 million investment in MediaTek, which was later acquired by Yahoo.
Mediated Entertainment will be a strategic partner for Cameron Communications in its digital strategy and will assist in the strategic direction of Cameron Communications’ digital strategy, according the statement.
David Cameron will continue to be the CEO of Cameron Communication, with the former Prime Minister, as well as the company, will remain separate, the statement said.
The news comes a day after the media mogul’s son, Gavin, stepped down as chief executive of News Corporation following the company failed to reach its $20 billion investment in Facebook.