by Steve McClellan on Feb 24, 8:24 AM
The Interpublic Group of Companies reported nearly 8% revenue growth for full year 2011 to just over $7 billion, while nearly doubling its net income to almost $552 million. For the fourth quarter, revenues were up 3.4% to nearly $2.1 billion while profits climbed 25% to more than $278 million. For both periods, however, organic revenue growth (which excludes acquisitions, sales and currency fluctuations) was lower, the advertising holding company said. IPG said it generated organic revenue growth (ORG) of 6.1% for the full year and 2.8% for the fourth quarter. By comparison, Omnicom Group, which reported full year results …
by Joe Mandese on Feb 23, 5:16 PM
John Hogan has been promoted to Chairman-CEO of Clear Channel Media and Entertainment from president-CEO of Clear Channel Radio, the unit that was recently re-branded Clear Channel Media and Entertainment.
by Laurie Sullivan on Feb 23, 3:16 PM
Google could name Dennis Woodside CEO of Motorola Mobility, according to Bloomberg. The news agency reports Google will replace Motorola Mobility Sanjay Jha with Woodside, who oversaw the $12.5 billion Motorola buy and led Google's ad sales in the Americas.
by Wendy Davis on Feb 23, 3:03 PM
People tend to read print newspapers in the early morning and evening, while Web use spikes during the workday, says Todd Haskell, vice p[resident of advertising at The New York Times.
by Steve McClellan on Feb 23, 2:18 PM
Ad agency Gyro, has tapped Steffan Postaer as executive creative director for its San Francisco office, the agency has confirmed. In addition to overseeing creative efforts at the office, he will jointly run the San Francisco operation with Robert Ray, the office's president, Gyro said. Gyro San Francisco clients include VMware, Hewlitt Packard Printing and Ryder Trucks. Previously Postaer was chairman and CEO of Euro RSCG Chicago, a unit of Havas. During his six years at the helm, Postaer is credited with helping the office quadruple its revenue. Clients included Barilla, Beam Spirits, Kraft, Citibank, Sprint and Valspar Paint. Postaer …
by Joe Mandese on Feb 23, 1:37 PM
Martha Stewart Living Omnimedia has moved editorial director Gale Towey to the new position of "chief integration and creative director," and named Kerry Tucker senior vice president partner marketing from vice pesident ad sales marketing. Both report to MSLO President-COO Lisa Gersh.
by Joe Mandese on Feb 23, 1:16 PM
In case you saw the earlier Raw blog post about Steve Grubbs joining Brightline as a senior strategic advisor, well, it is true, but it's not so new. He actually did that in June 2010. Sorry I didn't remember that, but when Brightline's PR firm asked if I heard about the news from Grubbs, I assumed it was Grubbs-related news, and that release was the only thing that came up in Google's archives. Sheesh! Turns out, there wasn't much news, just want I ranted about earlier about how Brightline plans to pile on the interactive advertising TV front now that …
by Joe Mandese on Feb 23, 12:23 PM
Brightline put out two releases this morning -- one announcing that former Omnicom media honcho Steve Grubbs has joined as a "senior strategic advisor" (no doubt giving all the junior strategy advisors senior-envy), and another basically saying it was going to pounce on the void that Canoe Ventures is creating by shutting down its interactive TV initiatives.
by Erik Sass on Feb 23, 11:47 AM
t-commerce = e-commerce on tablets. I guess it was only a matter of time, as the media business seems to be, above all, a giant jargon-generating machine.
by Erik Sass on Feb 23, 11:01 AM
Woe to the content producer or advertiser who simply repurposes their smartphone app for tablets, as all the panelists on the "Planning on Tablets" panel agree that this is highly, highly annoying. "Just give me the Web site," is a typical comment.