The Inside News of PR & Marketing Communications

Last Updated: Fri., Aug. 23, 2019 @ 4:05 pm

Category: Financial ManagementReturn to Latest News

WPP Lags, Seeks Partner for Kantar

Thu, Oct. 25, 2018

By Kevin McCauley

Kantar logoWPP today reported a 0.8 percent dip in Q3 revenues to $4.8B as CEO Mark Read promised "decisive action and radical thinking" to turn around the ad/PR combine. The news triggered a stock sell-off. Read seeks partner for Kantar, the big data/research company.  (1 reader comment)

FTIís PR Unit Jumps 14.3%

Thu, Oct. 25, 2018

By Kevin McCauley

FTI consultingFTI Consulting’s strategic communications unit registered a 14.3 percent in Q3 revenues to $55.1M, sparked by higher project revenues and an upswing in pass-through business.

IPG Posts 3.4% Q3 Growth

Fri, Oct. 19, 2018

By Kevin McCauley

Michael RothInterpublic CEO Michael Roth today reported a 3.4 percent increase in Q3 net revenues to $1.9B and a 2.6 percent jump in operating income to $261.7M. (2 reader comments)

Publicis to Unload ĎNo Fití Health Unit

Thu, Oct. 18, 2018

By Kevin McCauley

Arthur SadounPublicis Groupe CEO Arthur Sadoun wants to unload the volatile Publicis Health Solutions (contract sales group) to enable the French ad/PR combine to focus exclusively on its creative and technology offerings.

Mark Pennís Stagwell Gets Ink

Tue, Oct. 2, 2018

By Kevin McCauley

Mark PennThe Stagwell Group has taken a majority stake in Ink, the London-based travel media and marketing company.

WPP Merges Y&R, VML

Wed, Sep. 26, 2018

By Kevin McCauley

Y&R VMLWPP merges iconic ad agency Young & Rubicam with digital marketing shop VML as new CEO Mark Read puts his mark on the ad/PR combine.

Maximize Your Profitability

Tue, Sep. 25, 2018

By Richard Goldstein

Richard GoldsteinPR professionals should always make an effort to understand the buying process from a client’s perspective.

 

MDC's Q2 Revenue Slips 2.8%

Fri, Aug. 3, 2018

By Kevin McCauley

Scott KauffmanMDC Partners reported a 2.8 percent second-quarter revenue decline to $380M and a plunge in net income to $1.1M from $8M. Organic growth dropped 1.7 percent.

IPG Enjoys 6.2% Q2 Growth

Tue, Jul. 24, 2018

By Kevin McCauley

Michael RothInterpublic today reported second-quarter revenues rose 6.2 percent to $1.9B and operating profit jumped 10.4 percent to $249.2M as client spending remained strong in the US and accelerated overseas.

Publicis Reports 8.2% Plunge in 1H Revenues

Thu, Jul. 19, 2018

By Kevin McCauley

Arthur SadounPublicis Groupe today reported an 8.2 percent plunge in H1 revenues to $4.9B due, in part, to a weak performance of its volatile Publicis Health Solutions contract sales organization.

OMC Shows 1.8% Q2 Growth

Tue, Jul. 17, 2018

By Kevin McCauley

John WrenOmnicom CEO John Wren reported today that second-quarter revenues rose 1.8 percent to $3.9B, while operating profit advanced 1.9 percent, to $582.3.

Value Pricing in the PR Profession

Fri, Jul. 6, 2018

By Richard Goldstein

Richard GoldsteinThe value that a PR agency’s services provide is a variable that's often missing from agencies’ billing process. (4 reader comments)

WPP Takes $400M Hit

Tue, May 22, 2018

By Kevin McCauley

HSBCHSBC has shifted its $400M global media account to Omnicom's PHD from WPP's Mindshare unit following a competitive review.

Independent or Employed?

Tue, May 22, 2018

By Richard Goldstein

Richard GoldsteinWith the rise of independent contractors in the new, shared economy, distinctions between employees and contractors are increasingly blurred these days, especially at PR firms.

MDC's Q1 Loss Widens

Fri, May 11, 2018

By Kevin McCauley

Scot KaufmanMDC Partners' chief Scott Kauffman reported a $31.4M first-quarter loss, up from $11.1M a year ago as clients trim spending.

WPP Posts 4% Dip in Q1 Revenues

Mon, Apr. 30, 2018

By Kevin McCauley

WPPWPP’s reported first-quarter revenues slipped four percent to $4.9B, though like-to-like sales inched upward 0.8 percent. (2 reader comments)

FTIís PR Unit Surges 21%

Thu, Apr. 26, 2018

By Kevin McCauley

Steven GundyFTI Consulting’s strategic communications group reports a 20.7 percent jump in first-quarter revenues to $52.8M, driven by gains in retainer and project-based business.

Investing in Real Estate

Tue, Apr. 24, 2018

By Richard Goldstein

Richard GoldsteinSome PR pros are investing in real estate, but many don’t understand the tax rules that go along with the investment.

Publicis Reports 8.2 Drop in Q1 Revenues

Thu, Apr. 19, 2018

By Kevin McCauley

Arthur SadounPublicis Groupe today reported an 8.2 percent slide in net revenues to $2.6B due to unfavorable currency exchange rates. At constant rates, Publicis revenues advanced 1.6 percent. (1 reader comment)