Holding Company

American Greetings’ Mother’s Day Video Takes Top Prize at Effie Awards

After a strong showing at last month's One Show, Mullen Lowe's "World's Toughest Job" ad for American Greetings claimed the top prize tonight at the Effie Awards.

Interpublic’s CEO Stands to Get $42 Million if the Holding Company Changes Hands

Interpublic chief Michael Roth stands to gain nearly $42 million should there be a change in control at the holding company, according to the company's newly released annual meeting proxy statement. Of that amount, $12.6 million would reflect severance and $13.5 million in performance shares.

Publicis Ended 2014 on a Growth Spurt and Expects to Keep the Momentum Going

Publicis Groupe grew significantly in the last quarter of 2014, ending the year with $9.62 billion in revenue, good enough to maintain its No. 3 position among ad holding companies.Net income for all of '14, however, fell 9 percent to $815 million, due in part to costs related to acquisitions and the company's failed merger with Omnicom Group.

Once Again, Publicis Groupe Extends Maurice Lévy’s Term

Publicis Groupe, in the wake of its failed merger with Omnicom, today unveiled management reorganization that includes the spring 2017 retirement of CEO Maurice Lévy and Saatchi & S

In Pitch, Project Gets a Shop That Works on Big Brands

In its acquisition of Pitch, niche holding company Project: WorldWide gets another small agency but one that works on big brands.

Elliott Management Takes Significant Stake in IPG

Interpublic Group now has a new major shareholder in Elliott Management, which disclosed today that it had amassed nearly a 7 percent stake in the No. 4 holding company.

Havas Adds Crowdsourcing With Victors & Spoils

Victors & Spoils, the controversial crowdsourcing resource positioned as an alternative to ad agencies, is teaming up with Havas, the parent of those more traditional shops like Euro RSCG, soon to be Havas Worldwide, and Arnold Worldwide.

Top 10 Earners in Advertising

No one will ever describe 2010 as a banner year for the ad business. Despite the recessionary headwinds, however, the Big Four holding companies managed to grow their share prices and revenue. And, in most cases, their honchos saw their total pay—a combination of salary, bonus, and stock—rise handsomely.

Holding Companies’ Ad Trading Desks Delivering Mixed Results

The great in-house trading desk experiment that the big four agency holding companies—Publicis, WPP, Omnicom, and Interpublic—launched in the last few years appears to have yielded lukewarm results.

IPG Reports $48 Million Loss in Q1

Interpublic Group reduced its net loss in the first quarter compared to the same quarter last year, in part due to double-digit revenue growth.The loss amounted to $48.1 million or 10 cents a share, down from Q1 2010’s loss of $71.5 million or 15 cents a share.