A year ago, Omnicom was doing much better in terms of both income and revenue. Advertising companies owned by Omnicom saw revenue declines totaling 11.6%.
Net income for the holding company dropped 22.5% from $213.6 million in Q3 2008 to $165.6. Year to date, advertising has declined 13.5% accounting for about $3.7b in revenue.
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Omnicom agencies include:
— Arnell
— BBDO
— DDB
— Element 79
— Goodby, Silverstein & Partners
— GSD&M Idea City
— Martin/Williams
— Merkley + Partners
— Roberts & Tarlow
— TBWA
— Zimmerman Advertising