AMIN Conference Meets in N.Y.

NEW YORK The Advertising and Marketing International Network, a group of 42 small- to mid-size independent shops, is gathering at Le Parker Meridien in New York this week to hear from the likes of Bill Nicholson and Andrew Jaffe on their place in the industry landscape.

By AMIN’s latest tally, nearly 70 percent of client billings are controlled by about 100 holding-company shops, with the remaining 30 percent split among more than 300 independents. Meanwhile, the group estimated that its members’ profit margins have sunk from 9 percent to about 7 percent, calling into question some of the practices agency owners often take for granted, Jaffe and Nicholson said today.

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