Omnicom reported first quarter 2014 PR revenues grew 1.2% to $325.4M on an organic basis, outpaced by advertising (+4.9%, $1.7B) and customer relationship management (+4.2%, $1.2B).
Revenue across all units in Q1 rose 3% to $3.5B, including 4% in the US to nearly $1.9B and 1.9% internationally to $1.6B. Net income was essentially flat -- $205.5M, compared with $205.1M a year earlier.
OMC, which owns PR firms like Ketchum, Porter Novelli and FleishmanHillard, took $7M in pre-tax charges during the period related to its merger with Publicis Groupe.
Omnicom has set its annual meeting for FH's Washington, D.C., office on May 20.
OMC debt tops $4B against cash/investments of $2B.
Abandon traditional content plans focused on a linear buyer progression and instead embrace a consumer journey where no matter which direction they travel, they get what they need, stressed marketing pro Ashley Faus during O'Dwyer's webinar Apr. 2.
Freelance marketers and the companies that hire them are both satisfied with the current work arrangements they have and anticipate the volume of freelance opportunities to increase in the future, according to new data on the growing freelance marketing economy.
Home Depot's new attempt to occupy two market positions at once will require careful positioning strategy and execution to make it work.
Verizon snags Peloton Interactive chief marketing officer Leslie Berland as its new CMO, effective Jan. 9. Berland succeeds Diego Scotti, who left Verizon earlier this year. 
Norm de Greve, who has been CMO at CVS Health since 2015, is taking the top marketing job at General Motors, effective July 31.
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