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Cision State of Media 2015
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Category: Financial ManagementReturn to Latest News
Tue., Mar. 17, 2015
WPP's Sorrell Awarded $53M in Stock
By Kevin McCauley
Martin SorrellWPP granted CEO Martin Sorrell $53M in stock award, the maximum amount allowed under the ad/conglomerate's Leadership Equity Acquisition Plan.
Category: Financial Management
Tue., Mar. 17, 2015
Fahlgren Aids Standard Register Bankruptcy
By Greg Hazley
standard registerStandard Register, the publicly traded Ohio print and marketing company, is leaning on PR support from Fahlgren as it navigates Chapter 11 bankruptcy.
Category: Financial Management
Fri., Feb. 13, 2015
IPG's Q4 Net Surges 56%
By Kevin McCauley
interpublicInterpublic today reported a 56 percent rise in Q4 net income to $331M on a four percent uptick in revenues to $2.2B.
Category: Financial Management
Mon., Feb. 9, 2015
How to Evaluate ROI Value of Trade Shows
By Ronn Torossian
ronn torossianTrade shows offer good networking opportunities for PR pros but is attendance worth the thousands of dollars in attendance outlays?
Category: Financial Management
Fri., Feb. 6, 2015
Out-Of-Pocket Expenses in the PR Industry
By Richard Goldstein
Richard GoldsteinWhen considering client profitability and overall agency profitability, the recovery of out-of pocket expenses (OOP) can be a key factor for agency profitability.
Category: Financial Management
Thu., Jan. 22, 2015
Finn Acquires DVL, Seigenthaler Combo
By Kevin McCauley
fpFinn Partners is acquiring Nashville's DVL Public Relations & Advertising and Seigenthaler PR, which merged to create an $11M entity.
Category: Financial Management
Tue., Jan. 13, 2015
Gennaro Manages Voya's PR
By Kevin McCauley

Paul GennaroPaul Gennaro has joined Voya Financial as senior VP-corporate communications & chief communications officer.

Category: Financial Management
Wed., Jan. 7, 2015
Joele Frank Works Coach Deal
By Kevin McCauley
Joele Frank, Wilkinson Brimmer Katcher represents $3.5B private equity firm Sycamore Partners, which is selling its Stuart Weitzman luxury shoe business to Coach Inc. for $574M.
Category: Financial Management
Mon., Dec. 15, 2014
MSLGroup vs. Abernathy McGregor in Fight for Recall
By Kevin McCauley
recallMSLGroup is handling US media for Recall Holdings, which today rejected as inadequate a $1.8B takeover bid by document management rival Iron Mountain, which uses Abernathy MacGregor.
Category: Financial Management
Wed., Nov. 5, 2014
WSJ Turns Up Heat on IPG
By Kevin McCauley

The Wall Street Journal has published an un-sourced story that activist investor Elliott Management is pushing for the sale of Interpublic.

Category: Financial Management
Tue., Aug. 5, 2014
Gould Re-Launches
By Kevin McCauley
Rick GouldCPA Rick Gould has re-launched GouldPartners in what he calls an amicable spinoff from SGP Worldwide, the former StevensGouldPincus
Category: Financial Management
Wed., Jun. 25, 2014
Sard, Joele Frank in Cliffs Proxy Battle
By Greg Hazley
cliffsPublicly traded iron ore mining company Cliffs Natural Resources and New York hedge fund Casablanca Capital are relying on outside PR counsel in a proxy battle.
Category: Financial Management
Thu., May 22, 2014
Navigating Mergers and Acquisitions in the PR Industry
By Richard Goldstein
goldsteinBuying or selling is one of the most expensive decisions a PR firm can make, and one of the most dangerous.
Category: Financial Management
Fri., Feb. 7, 2014
PR Agency Profitability Wisdom From The Pros
By Richard Goldstein
I have written many columns on what it takes to make a profit by providing public relations services. However, many of PR firm advisors are on the same bandwagon. This month I will codify some of the best thinking on the subject from advisors.
Category: Financial Management
Fri., Nov. 1, 2013
Turning Your Profit Meter On
By Richard Goldstein
Now that it seems we are out of gloom and doom, the stock market is up and the merger and acquisition market is back to being active, you need to make sure you are on the profit track for the future.
Category: Financial Management
Tue., Oct. 1, 2013
Managing for Prosperity in 2014 and Beyond (part three)
By Richard Goldstein
One of the most important keys to success is to have a vision, a goal if you will, that by earning anything less than 25 percent to 35 percent, or more, pre-tax profitability just cannot be in the cards. 
Category: Financial Management
Mon., Sep. 2, 2013
Managing for Prosperity in 2014 and Beyond (part two)
By Richard Goldstein
The number one item on your list is to reach a target profitability of 25 percent or more. If you are at the 25 percent mark, make your target 35 percent.
Category: Financial Management
Thu., Aug. 1, 2013
Managing for Prosperity in 2014 and Beyond
By Richard Goldstein
Can PR firms in today’s business environment achieve “breakthrough profitability? Most PR firms are private companies and do not report their profitability.
Category: Financial Management
Mon., Jul. 1, 2013
Understanding the Roth Qualified Plan Rollover Rules
By Richard Goldstein
Whenever I meet with a financial planning client, the subject of the Roth IRA comes up. By way of a refresher, unlike a traditional IRA, contributions to Roth IRAs are nondeductible.
Category: Financial Management
Mon., Jun. 3, 2013
Pricing: Should You Raise or Lower Your Fees?
By Richard Goldstein
After years in recession, the U.S. economy continues to just plod along, leaving thousands of business owners in a quandary as to how to continue running their business profitability.
Category: Financial Management
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O'Dwyer's PR Firm RankingsO'Dwyer's 2015 Ranking of PR Firms Released
Firms ranked overall by '14 net fees with separate charts for 12 PR specialties such as healthcare, technology and travel. Look up firms in key cities like New York, Chicago and Los Angeles.
O'Dwyer's 2015 PR Firm Rankings

Top 10 PR firms for 2015:
1. Edelman, NY - $797,328,238
2. APCO Worldwide, D.C. - $118,112,600
3. Waggener Edstrom, Wash. - $106,676,000
4. W2O Group, San Fran. - $82,625,000
5. Ruder Finn, NY - $73,891,000
6. Finn Partners, New York - $52,796,000
7. MWW Group, NJ - $51,775,000
8. ICR, CT - $50,687,714
9. DKC, New York - $41,500,000
10. Zeno Group, New York - $39,921,576
*O'Dwyer's is the only PR firm ranking which requires the top page of the latest corporate income tax return and W-3, establishing particpants as PR firms rather than ad agencies or other types of businesses.
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