Icaro Media Group Expands Operations into Europe

Published by The Daily Scout

What happened

AI-powered media technology company Icaro Media Group has announced its official expansion into Europe. The company has opened new regional offices in Madrid, Spain, and Lisbon, Portugal. The move is intended to support the company's multiscreen audience engagement platforms in the European market.

Why it matters

- The European expansion builds on Icaro's 2025 acquisitions of Digital Out-of-Home (DOOH) companies RioVerde in Brazil and LiftMedia in Spain and Portugal. - Icaro's Chairman and CEO is Paul Feller, a senior corporate executive with a background in live entertainment, media, and engineering. - The new regional hub in Madrid and Lisbon will be overseen by Alexandre Santos, EVP for Media at Icaro Media Group. - A key part of the company's offering is the TITAN Generative AI platform, which integrates audio, video, images, and text for immersive audience experiences. - The expansion aims to create a unified, AI-powered ecosystem across connected TV, mobile apps, and high-traffic digital displays. - Prior to this, in November 2020, Icaro had already established a European headquarters in London to support partnerships in England, Italy, Germany, Portugal, and Spain. - The company's strategy focuses on converting audiences into recurring revenue through advertising, programmatic, branded experiences, and affiliate performance. - In November 2025, Icaro announced a multi-year contract with Otis Mobility S.A. to deploy 50,000 screens in buildings across southwestern Europe and parts of Africa, expecting to reach 2.4 million people daily.

Key numbers

  • - The European expansion builds on Icaro's 2025 acquisitions of Digital Out-of-Home (DOOH) companies RioVerde in Brazil and LiftMedia in Spain and Portugal.
  • Prior to this, in November 2020, Icaro had already established a European headquarters in London to support partnerships in England, Italy, Germany, Portugal, and Spain.
  • In November 2025, Icaro announced a multi-year contract with Otis Mobility S.A.
  • to deploy 50,000 screens in buildings across southwestern Europe and parts of Africa, expecting to reach 2.4 million people daily.

What happens next

  • The new regional hub in Madrid and Lisbon will be overseen by Alexandre Santos, EVP for Media at Icaro Media Group.
  • The expansion aims to create a unified, AI-powered ecosystem across connected TV, mobile apps, and high-traffic digital displays.

Quick answers

What happened in Icaro Media Group Expands Operations into Europe?

AI-powered media technology company Icaro Media Group has announced its official expansion into Europe. The company has opened new regional offices in Madrid, Spain, and Lisbon, Portugal. The move is intended to support the company's multiscreen audience engagement platforms in the European market.

Why does Icaro Media Group Expands Operations into Europe matter?

The European expansion builds on Icaro's 2025 acquisitions of Digital Out-of-Home (DOOH) companies RioVerde in Brazil and LiftMedia in Spain and Portugal. Icaro's Chairman and CEO is Paul Feller, a senior corporate executive with a background in live entertainment, media, and engineering. The new regional hub in Madrid and Lisbon will be overseen by Alexandre Santos, EVP for Media at Icaro Media Group. A key part of the company's offering is the TITAN Generative AI platform, which integrates audio, video, images, and text for immersive audience experiences. The expansion aims to create a unified, AI-powered ecosystem across connected TV, mobile apps, and high-traffic digital displays. Prior to this, in November 2020, Icaro had already established a European headquarters in London to support partnerships in England, Italy, Germany, Portugal, and Spain. The company's strategy focuses on converting audiences into recurring revenue through advertising, programmatic, branded experiences, and affiliate performance. In November 2025, Icaro announced a multi-year contract with Otis Mobility S.A. to deploy 50,000 screens in buildings across southwestern Europe and parts of Africa, expecting to reach 2.4 million people daily.

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