Paramount Sees Streaming Success, TV Declines in Third Quarter
Paramount posted a second consecutive quarter of profit as it continues its acquisition process.
Stagwell’s Mark Penn Bets Big on AI and Politics
Stagwell Inc., the challenger holding company started nine years ago by chairman and CEO Mark Penn, has eyes on AI-focused digital transformation and politics as areas of growth. On its [...]
Meta Beats Revenue Expectations Amid AI Push, But Ad Sales Growth Slows
Threads is not expected to significantly contribute to Meta revenue in 2025.
Omnicom Reports 6.5% Organic Revenue Growth in Q3
The numbers Omnicom reported $3.9 billion in revenue for its fiscal quarter ending Sept. 30. Organic growth was up 6.5% year over year, coming in slightly higher than last quarter’s [...]
AI Helps Boost Accenture Song to 30% of Accenture’s Revenue
Global professional services company Accenture reported $64.9 billion in revenue for its fiscal year ended Aug. 31, up 1% year-over-year, and its tech-powered creative group, Accenture Song, chipped in $19 [...]
Warner Bros. Discovery Takes $9.1 Billion Impairment Charge Over Linear TV Networks
However, the company did see slight gains on the streaming side.
Arthur Sadoun Explains Why Publicis Groupe Raised Its 2024 Guidance
The holding company is projecting 5% to 6% growth this year.
Alphabet Grows Search and YouTube Revenue by Double Digits Amid Increased Competition
Network revenue, which encompasses Google's ad-tech business, continues to decline.
Havas CEO Yannick Bolloré: If Vivendi Spins Off Havas, It Won’t Be Via a Sale
The company grew net revenue by 4.4% in 2023.
WPP CEO Mark Read Commits to Tech Clients and Dispels Sora Competition
The agency network also revealed $18.81 billion in revenue for 2023, growth of 3.2%.
WPP CEO Mark Read on Doubling Down on AI and US Growth
The agency network announced investments of $317 million in AI this year.
BuzzFeed Inc. Granted Extension on Nasdaq Delisting
The company will have a further 180 days to get its stock price above $1.
Microsoft Appoints New CMO as It Focuses on the ‘Era of AI’
Revenue jumped 19% to $24.3 billion in Microsoft's Intelligent Cloud division last quarter.
WPP CEO Mark Read on the Latest Plan to Simplify GroupM
Read spoke about the 1.8% decline in revenue following the release of the company's Q3 results.
Publicis CEO Considers Return to Office Mandate and AI Investments Crucial Business Strategies
Sadoun expects employees spend three days in the office each week, effective Jan. 1.