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Category: Financial ManagementReturn to Latest News
Thu., Mar. 17, 2016
The Bolt-On Acquisition
By Richard Goldstein
 
Richard GoldsteinThe owners of bolt-on acquisitions are usually looking to move the administrative and corporate management so they can focus on operations and customers. (1 reader comment)
Category: Financial Management
Thu., Feb. 25, 2016
From Billable Hours to Value Pricing
By Richard Goldstein
 
Richard GoldsteinMany industry consultants are urging PR firms to dump billable hours and replace it with a fixed-pricing model, or even value pricing.
Category: Financial Management
Mon., Feb. 8, 2016
Combine PR Savvy with Biz Sense to Make Profits
By Rich Jachetti
 

Rich JachettiBig time PR talent alone doesn’t always translate into big buck profits for PR firms.

Category: Financial Management
Wed., Jan. 20, 2016
Tax Highlights for 2016
By Richard Goldstein
 
Richard GoldsteinThis month’s column reviews some of the recently passed tax legislation as well as some tax opportunities when filing your 2015 tax return.
Category: Financial Management
Wed., Dec. 23, 2015
Recent Press Impacting PR Firms
By Richard Goldstein
 
Richard GoldsteinThis column discusses recently enacted tax legislation that affects PR firms, its principals and its employees.
Category: Financial Management
Tue., Nov. 24, 2015
Bitcoin Transactions and PR
By Richard Goldstein
 
Richard GoldsteinMany companies are accepting the bitcoin as currency. Some of these companies include Dell, Intuit, Microsoft, and Overstock.com, to name a few. Will PR firms be on the list of companies accepting this form of currency?
Category: Financial Management
Tue., Oct. 6, 2015
The most critical benchmark in the PR industry -- an update
By Richard Goldstein
 
richard golsteinThere are many benchmarks in the PR industry. One benchmark that is critical to the success of a PR firm, however, is Revenue Per Professional.
Category: Financial Management
Tue., Sep. 22, 2015
ICR Handles Starwood Waypoint Deal
By Kevin McCauley
 
ICRICR is handling media relations for Starwood Waypoint Resident Trust's merger with Colony American Homes to forged a real estate giant with a portfolio of more than 30K owned/managed single-family homes.
Category: Financial Management
Wed., Sep. 16, 2015
Brunswick Backs A-B InBev's Move on SABMiller
By Kevin McCauley
 
AB InBevBrunswick Group handles media for Anheuser-Busch InBev's takeover approach to SAB Miller, a proposed deal to unite the two top global beer companies would create a $70B colossus.
Category: Financial Management
Tue., Sep. 8, 2015
Zacks Upgrades IPG
By Kevin McCauley
 
IPGZacks today upgraded Interpublic's shares from a "hold" to a "buy" rating due to its bullishness on the ad/PR conglom's "growth trajectory."
Category: Financial Management
Fri., Aug. 28, 2015
Huntsworth Posts $70M H1 Loss
By Kevin McCauley
 
HuntsworthHuntsworth today reported a $70.3M first-half loss due to a $76.M write-off for its struggling Grayling and Citigate units. It registered a $12.4M year ago profit.
Category: Financial Management
Wed., Aug. 26, 2015
WPP Grows 6.8% In H1
By Kevin McCauley
 
Martin SorrellWPP CEO Martin Sorrell reports a 6.8 percent rise in reported revenue growth to $9.2B during the first-half as profit before interest and tax rose 7.6 percent to $1.1B.
Category: Financial Management
Mon., Aug. 17, 2015
Zacks Downgrades OMC
By Kevin McCauley
 
omnicomZacks cut its ratings on Omnicom Group shares from "buy" to "hold" due to "a competitive and fragmented communications services industry."
Category: Financial Management
Tue., Aug. 11, 2015
Leveton Rejoins Penn
By Kevin McCauley
 
jay levetonJay Leveton, former CEO of Penn Schoen Berland, is the new partner at Stagwell Group, investment advisory shop helmed by research guru Mark Penn.
Category: Financial Management
Wed., Aug. 5, 2015
Edelman Works Media for Donnelley Carve-Up
By Kevin McCauley
 
Edelman is handling media for RR Donnelley & Sons' decision to split into three independent entities to sharpen strategic focus and enhance long-term shareholder value.
Category: Financial Management
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2016 Editorial Calendar:
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Each month a different area of PR is examined and firms with strengths in the focus area are profiled.
 
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Firms ranked overall by '15 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 2016:
1. Edelman, NY - $840,923,379
2. APCO Worldwide, D.C. - $119,858,300
3. WE, Wash. - $98,782,000
4. W2O Group, San Fran. - $95,010,000
5. Ruder Finn, NY - $74,000,000
6. Finn Partners, New York - $71,481,000
7. LEWIS, San Fran. - $68,585,000
8. ICR, CT - $56,208,757
9. Zeno Group, New York - $47,343,821
10. PadillaCRT, New York - $34,813,666
 
*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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