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Double Vision

Dennis Holt founded Western International Media 30 years ago and launched the independent media buying business. Lou Schultz took the helm of Interpublic’s Western in late 1999, renamed it Initiative Media Worldwide and engineered a sweeping transformation of the nation’s largest media shop into what he calls a “total communications agency”—not coincidentally helping to realize the vision that compelled Holt, in 1994, to sell Western to Interpublic in the first place.

Despite his focus on the future, almost from the day he arrived Schultz has promised to honor the shop’s storied first chairman.



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