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Topic: Omnicom Group

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Airbnb Hires a Global Media Agency Starcom wins pitch for the business

Airbnb has awarded Starcom its global media business after a review. The agency's Chicago office will manage the San Francisco-based company's global media strategy and U.S. activation. Global media spending could…

September 11, 2014, 6:00 AM EDT

Publicis Groupe Looking to Buy Ad Tech Firm Criteo Deal talk sends stock soaring

Publicis Groupe has its sights on an acquisition of ad tech firm Criteo, according to reports today. The media holding company’s interest helped propel Criteo’s stock up nearly 20 percent. Criteo…

August 29, 2014, 11:48 AM EDT

Elliott Management Takes Significant Stake in IPG Hedge fund now owns 6.7 percent of common shares

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. After months…

July 24, 2014, 10:16 AM EDT

Omnicom's Net Income Grew 13% in Q2 Revenue growth exceeded Wall Street's expectations

Omnicom Group generated net income of more than $318 million in the second quarter, up 13 percent from the same period last year. Revenue for the quarter grew 6 percent to…

July 22, 2014, 8:04 AM EDT

Maurice Lévy Says Omnicom Merger Was 'Dream of My Life' Publicis Groupe boss acknowledges loss of face

Publicis Groupe CEO Maurice Lévy opened up today at a Salesforce.com conference in Paris about the dashed hopes he had for his company’s merger with Omnicom Group—a failed initiative that…

June 26, 2014, 2:17 PM EDT

Rapp Names a New Global CEO Alexei Orlov succeeds Bob Horvath

Rapp is getting a new global CEO. Volkswagen Group's Alexei Orlov will assume the role in July, reporting to Dale Adams, Chairman and CEO of Omnicom Group's Diversified Agency Services, the…

June 25, 2014, 1:19 PM EDT

Johnson & Johnson Shifts Media Buying Business to OMD Spending approaches $1 billion annually

In a significant shift, Johnson & Johnson’s U.S. media buying business is leaving a unit that Interpublic Group created for J&J seven years ago. Omnicom Group’s OMD is inheriting the assignment…

May 23, 2014, 12:27 PM EDT

IPG CEO Michael Roth Defends His Pay Says it's comparable or less than what competitors make

Interpublic Group CEO Michael Roth today defended his compensation as mid-tier compared to his competitors. Roth, speaking at IPG's annual shareholder meeting in New York, received $11.7 million in salary, stock,…

May 22, 2014, 1:18 PM EDT

Publicis Says Inequality Doomed the Company’s Union With Omnicom Maurice Lévy cites difficulties in a planned merger of equals

Omnicom Group thinks that cultural differences doomed plans for Omnicom and Publicis Groupe to merge, but Publicis Groupe believes inequality was the culprit. In an interview with CNBC today, Publicis Groupe…

May 9, 2014, 1:20 PM EDT

Omnicom Says Cultural Differences With Publicis Were Significant John Wren acknowledges the complexities of combining big players

Omnicom Group CEO John Wren acknowledged this morning that the corporate differences between his company and Publicis Groupe were greater than he expected, as he explained to industry analysts why…

May 9, 2014, 10:32 AM EDT

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