Now that all of the major holding companies have reported their Q1 numbers, lets look at how they fared.
IPG (GolinHarris, Weber Shandwick): Overall revenue down 5.6% YOY. PR revenue down 7% YOY.
Omnicom (Brodeur Worldwide, Fleishman-Hillard, Ketchum Inc., Porter Novelli): PR revenues down 17.4% YOY. Overall profit down 21% YOY. Still beat analyst expectations.
WPP (Hill & Knowlton, Ogilvy Public Relations Worldwide, Burson-Marsteller, Cohn & Wolfe): PR and public affairs revenue dropped 6.1% in Q1 2009. Q1 revenue down 5.8% overall.
Publicis (Manning, Selvage & Lee, Publicis Consultants, Freud Communications): Q1 revenue up 1.3% YOY. 4.4% decline in organic growth. Communications businesses accounted for 41% of total revenue.
Next Fifteen (Text 100, Bite Communications, OutCast Communications): Revenues up 10% to $49.2 million, compared to $44.7 million in 2008.