S4 Capital-backed Media.Monks, a creative digital production company producing websites, games, and films, agreed to merge with Cashmere, an award-winning shop and is a lifestyle-marketing company. Financial terms were not disclosed. “We are delighted to welcome Ted, Seung, Ryan and their colleagues to Media.Monks. Their ability to translate contemporary culture into compelling content and reach diverse audiences is a rare talent and something we want to integrate at the heart of our content practice. It is particularly relevant, given the changes we see taking place around diversity and purpose, not only in the United States, but beyond,” Martin Sorrell, S4 Capital Executive Chairman.