UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of ~~the~~

the Securities Exchange Act of 1934

~~January~~Date of Report (Date of earliest event reported) July 3118, 2006

Date of Report

(Date of earliest event reported)

DIGITAS INC.

(Exact ~~name~~Name of Registrant ~~registrant~~ as ~~specified~~Specified in ~~its~~Its ~~charter~~Charter)

Delaware		000-29723		04-3494311
(State or other jurisdiction of incorporation)		(Commission File No.)		(IRS Employer Identification No.)

Delaware

33(State ~~Arch~~or ~~Street, Boston~~Other ~~Massachusetts~~Jurisdiction ~~02199~~of Incorporation)

(Address of principal executive offices, including zip code)


000-29723		04-3494311
(Commission File Number)		(I.R.S. Employer Identification No.)

33 Arch Street, Boston, Massachusetts		02110
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code (617) 867-1000

~~(Registrant’s~~Check ~~telephone~~the ~~number,~~appropriate ~~including~~box ~~area~~below ~~code)~~if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

~~Section~~Item 2.02. –Results of Operations and Financial ~~Information~~Condition.

~~Item~~The following information, including the Exhibit attached hereto, shall not be deemed “filed” for any purpose, including for purposes of Section ~~2.01~~18 ~~Completion~~of the Securities and Exchange Act of ~~Acquisition~~1934 (the “Exchange Act”) or ~~Disposition~~otherwise subject to the liabilities of ~~Assets~~that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, regardless of any general incorporation language in such filing.

On ~~January~~July 3118, 2006, Digitas Inc. ~~(“Digitas”)~~issued ~~completed its previously announced acquisition of Medical Broadcasting, LLC,~~ a ~~privately~~press ~~held~~release ~~Delaware~~announcing ~~limited~~its ~~liability~~second ~~company~~quarter 2006 ~~headquartered~~financial inresults. ~~Philadelphia,~~The ~~Pennsylvania~~full ~~(“MBC”),~~text ~~pursuant~~of tothat ~~the~~press ~~Purchase~~release ~~Agreement,~~is ~~dated~~attached as ofExhibit ~~January 3,~~99.1 ~~2006, by~~hereto and ~~among~~is ~~Digitas,~~incorporated ~~Medical~~by ~~Broadcasting~~reference ~~Company, a Pennsylvania corporation, David Kramer and Linda Holliday (together, the “Principals”)~~herein.

The initial consideration for this transaction was approximately $30.4 million, payable approximately 74% in cash and approximately 26% in Digitas common stock. Additional consideration may be payable pursuant to an earn-out arrangement that is contingent upon the financial performance of MBC for the period from JanuaryItem ~~1, 2006 through December 31, 2008~~9. ~~Digitas has the right to buy out its~~01. ~~contingent~~Financial ~~consideration~~Statements ~~obligation~~and ~~after December 31, 2006 using an agreed upon formula based on the financial performance of MBC through the date of the buy-out~~Exhibits.

In connection with the acquisition, the Principals entered into employment agreements with MBC. Each employment agreement has a two year term and may be renewed for one additional year at the election of the Principal.

Prior to the acquisition of MBC pursuant to the Purchase Agreement and the related agreements, there were no material relationships between Digitas, on the one hand, and MBC, Medical Broadcasting Company and the Principals, on the other hand.

The foregoing description of the transaction does not purport to be complete and is qualified in its entirety by reference to the complete text of the Purchase Agreement, which will be filed with Digitas’ Quarterly Report on Form 10-Q for the period ending March 31, 2006 unless earlier filed. A copy of the press release issued by Digitas on January 31, 2006 is attached hereto as an exhibit to this Current Report on Form 8-K and is incorporated herein by reference.

Section 9 – Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

99.1 Press release issued by Digitas Inc., dated January 31, 2006.


Exhibit No.		Description
99.1		Press release of Digitas Inc. dated July 18, 2006

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the ~~registrant~~Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

DIGITAS INC.


	DIGITAS INC.

Date: July 18, 2006	By:	/s/ Ernest W. Cloutier
	Name:	Ernest W. Cloutier
	Title:	Secretary and General Counsel

Date: January 31, 2006

By: /s/ Ernest W. Cloutier

Name: Ernest W. Cloutier

Title: Secretary and General Counsel

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EXHIBIT INDEX

Exhibit No.		Description
ExhibitNumber		Description
99.1		Press ~~release~~Release ~~issued~~of by Digitas Inc., dated ~~January~~July 3118, 2006, announcing its second quarter 2006 financial results.

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