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| Martin Mosbacher |
Intermarket, financial PR firm that sold a 51 percent stake to UK's Lansons in February to form an entity with fees in the $17M range, has rebranded as Lansons Intermarket.
The rebrand comes as the firms now operate as a cohesive unit that offer a greater scope of services, according to LI president Martin Mosbacher.
He's eager to provide clients "a seamless package of communications services linking two of the world’s most important centers of finance and media: New York and London.”
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Lansons CEO Tony Langham wants to bulk up his business in the US. "We look forward to a greater focus on helping organizations define their purpose and manage their reputation, as well as navigate significant periods of change and transformation,” he said.
LI and Lansons are members of the Global Communications Partners network of PR firms. Mosbacher chairs GCP, while Lansons co-founder/chair Clare Parsons chairs Public Relations Organisations (PROI) Worldwide.
DJE Holdings, parent of Edelman and Zeno, launches RUTH as an independent shop named after Ruth Edelman, mental health advocate, wife and longtime business partner of Dan Edelman.
New York City PR firms make up the largest slice of O'Dwyer's 147 firm overall ranking with 33 of 40 in the New York/New Jersey area either calling Manhattan their home or having a presence there.
Subject Matter+Kivvit, which joined forces in May, has rebranded as Avoq, an integrated shop with more than 200 professionals in Washington, New York, Asbury Park (NJ), Miami and Chicago.
While PR pros stationed at in-house comms. teams and those working for agencies share many of the same objectives, they also have markedly different top priorities, according to a recent report.
Edelman is cutting 240 employees or about four percent of its workforce to cope with the cooling down of the PR sector, according to a memo from CEO Richard Edelman.
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