Nigerian Pleasures Magazine Founder Adedotun Olaoluwa Acquires American Media Giant

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The globally acclaimed Dotmount Communications Group and publisher of Pleasures Magazine (PleasuresMagazine.com.ng), today announced the acquisition of the shares of Gannett Co.Inc, a highly respected diversified news and media information company which operates in broadcast, publishing and digital, in a move expected to enhance Dotmount Communications’ global reach with comprehensive integrated services for solid customer and project stability.

Gannett (GCI) is a diversified news and media information company with operations in broadcast, publishing and digital. The company’s best-known brand is USA Today. Its broadcasting segment manages 43 television channels; its publishing segment provides daily content through more than 80 daily publications and more than 400 non-daily local publications; and its digital segment covers content through digital platforms, digital marketing services and online HR software solution.

“In just ten years of existence, Pleasures Magazine’s parent company, Dotmount Communications Group has made an extraordinary impact in the ever-changing world of media and digital marketing – establishing itself as an emerging dominant player in the field, we are thrilled with this addition to our growing list of media platforms,” said Adedotun Babatunde Olaoluwa, President and Executive Chairman of Dotmount Communications Group.

“We respect and acknowledge that President Mike Reed has been at the forefront of thought leadership on the convergence of media platforms – and the capabilities of his team will be great assets to our business.”

The new acquisition of Dotmount follows a series of acquisitions over the past two years. Since the fall of 2019, the company has bought back shares from major media companies.

Dotmount Communications Group, an international strategic communications consultancy that uses a deep understanding of public, business and political drivers to provide insightful strategic advice and address complex communications challenges.

Over the years, the group has supported government, corporate and private entities, delivering sophisticated communications programs that shape awareness, guide opinion and enhance understanding on a national, regional and international basis.

Distributed by APO Group for Pleasures Magazine.

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