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Huge
Boost for GeoDomains: Business Star Tom Henderson Teams Up
with Fred Mercaldo to Form City Brand Media
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Last summer we
told you about a funding
campaign that the unique geodomain
development platform CitiesPlanet
was undertaking in an effort to establish the company
as the global standard for .com city geodomain
owners seeking to maximize the value of their
assets. We can now tell you that company founder Fred
Mercaldo (who operates a successful city domain of
his own at Scottsdale.com)
has not only succeeded in getting the investment he
was seeking - a new opportunity opened that produced
far more financial
support than he was looking for. Better yet he
attracted a team of world class
partners to help the company's more than 100
"City.com" clients reach their full
potential.
Mercaldo, who was
profiled in the March 2013 DN Journal Cover
Story, told us, "CitiesPlanet has
finalized negotiations with Tom Henderson and
his San
Francisco Regional Center group, resulting
in a new corporation being formed: City
Brand Media, LLC. I am ecstatic to finally
have the partnership in place that will really be a game
changer in the City.com space.
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CitiesPlanet
Founder Fred Mercaldo becomes Founder and CEO
of newly launched City Brand Media LLC.
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Tom and his group have
both the vision and the resources to properly support
our efforts to develop, manage and increase the value
of each City.com property in our portfolio.”
Tom
Henderson - the San Francisco bay area
entrepreneur
who intends to help Fred Mercaldo turn
City Brand Media
into a global power. |
CitiesPlanet will
own a minority stake in the new City Brand
Media, and Mercaldo will remain as Founder and
CEO. “I had investors lined up
locally, and all the way to Singapore, but I
felt the best chance for us to realize our goals
for our company was to go with Tom’s plan,"
Mercaldo said. "Tom is a very successful
and dynamic individual, and his
various entities that are in place will greatly
aid our efforts.”
With print
newspapers struggling and some even going out
of business we have long
felt that .com city geodomains could one day replace them
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the leading
media outlets in many communities. Ironically,
City Brand Media's will now be headquartered in
Oakland, California's historic Oakland Tribune
Tower building that once housed the Oakland
Tribune. Mercaldo's new partner, Tom
Henderson, bought the 22-story
structure a couple of years ago and it is now
filled with his own enterprises, including CallSocket
and Hydrant Media. |
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CallSocket has
hundreds of employees in their call center, and
counts numerous Fortune 500 companies in
their client base. Mercaldo told us,
“CallSocket will prove to be a very valuable
asset for City Brand Media, and will support our
massive marketing campaign to involve
local business in each marketplace." "I am
also very enthused about Hydrant Media as we
will be able to utilize the creative forces
that exist literally “in house” as we strive
to bring in more and more advertising and digital
agencies, both nationally and locally, as
revenue producing clients of our City.com
sites.” |
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Mercaldo added, "Tom
also owns Runway.is,
which is an 80 company tech incubator housed in
30,000 square feet at the Twitter building in
downtown San Francisco. We expect to be able to
utilize the services of some of the most innovative
and advanced tech startup talent as we progress
with City Brand Media."
Mr.
Henderson said, "Our entire team is excited
to bring in CitiesPlanet to our family of
companies. With the in house capabilities
that we already possess, namely CallSocket and
Hydrant Media, we have the tools, personnel and
expertise to take what Fred has accomplished to
this point to a much higher level.
Our programming team has the best resumes in the
business, and we are looking forward to making
the new company, City Brand Media, LLC, the
largest and most creative, successful and
productive City.com media company in the
world.”
Costin
Miclea
ChiefRevenue Officer, Call Socket |
CallSocket's Chief
Revenue Officer Costin Miclea
added, “We envision that our CallSocket
personnel will be successful in representing
each and every City.com brand in each
market. We will utilize marketing
strategies that have benefited the many Fortune
500 companies that we presently represent.
The talent we have assembled at Hydrant Media is
a very exciting and impressive team; they will
integrate our City Brand Media website brands
into marketable and profitable advertising
platforms that will bring countless
opportunities throughout the digital
world."
With his powerful
new teammates on on board, Mercaldo gave us more
detail on why the launch of City Brand Media is
such a game changer. "While there are many
excellent success stories in our space (LasVegas.com,
Boston.com, Miami.com, MyrtleBeach.com,
PalmSprings.com, Scottsdale.com, Richmond.com,
Branson.com, Toledo.com and many more,
particularly |
in smaller markets)
the overhead necessary to properly launch
and maintain a City.com site is very high,"
Mercaldo noted. "Programmers, SEO, social
media, content, Calendar of Events, hyper local
reporting, accounting, and many more resources
are needed - not to mention salespeople to
drive revenue. We offer all of these
services to the many City.com owners whose
sites are either undeveloped, or underdeveloped
and under performing." |
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"The platform
itself, particularly our newest version under
development, allows all content and
advertisements to be added without the services
of expensive programming talent," Mercaldo
continued. "All of the additional services
needed we can deliver on a scalable basis,
from a central location, enabling the
professional and competent launch and management
of a City.com brand site. Revenue is
generated from many different strategies, and
eventually will be handled by local
representatives in each market, all funded
by existing revenue we will be producing."
"Next, as we
have seen over the past decade, the way in which
our world gets information is changing. Everything
is moving to online and digital, and
City.com brands possess an advantage that no
other names or brands possess - the name
recognition of the specific city - combined
with the relevant resources we build into each
site - local content, local business
directory, |
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calendar of events,
everything about the specific City, all
combined with the .Com - an unbeatable
combination that gets organic traffic, and
serves a real purpose in each community,"
Mercaldo said. |
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"To
everyone who has followed our progress these
past 4 years, I can now say we finally have the
last pieces of the puzzle in place.
I personally underestimated the resources we
would need to properly aggregate the City.com
brand and our new partnership with Tom
Henderson and his vast resources and
capabilities is a definite game changer for all
of us in this very important space. We
enter 2015 with a renewed optimism and
commitment, backed by a very successful
organization loaded with resources, talent, and
qualified personnel in every category,"
Mercaldo concluded. |
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