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 Q3 earnings call on Thursday, Stagwell reported year-over-year revenue growth of 15% to $711 million. Performance was led by 25% growth digital transformation, thanks to…Read More
Wednesday afternoon saw Vice President Kamala Harris delivering her concession speech to end the 2024 presidential cycle. President Joe Biden offered a short postscript on Thursday morning, addressing the nation from the White House Rose Garden at 11:25 a.m. ET. “Campaigns are a contest of competing visions–the country chooses one or the other,” Biden remarked…Read More
Democrats spent $460 million more on traditional advertising promoting Vice President Kamala Harris than Republicans spent bolstering former President Donald J. Trump. The fact that they still lost indicates a change in what type of content nudges people in one direction or another. Rather than relying on standard paid media, the strategy behind Trump’s campaign…Read More
The numbers $9.6 billion — WBD’s reported revenue for Q3, a 3% decrease compared to the prior-year quarter. $135 million — WBD’s net income for Q3 due to the $1.6 billion pre-tax cost, which the company says is “acquisition-related amortization of intangibles, content fair value step-up, and restructuring expenses.” $2.63 billion — WBD’s direct-to-consumer revenue,…Read More
Friday, Nov. 1 CNN finished ahead of MSNBC in the Adults 25-54 demo, with The Source with Kaitlan Collins registering as the network’s most-watched program of the evening in both total viewers and the demo. MSNBC saw its highest total viewer audience for the 4 p.m. ET hour of Deadline: White House with Nicole Wallace,…Read More
KTLA reporter Sara Welch was reporting on the Mountain Fire in Ventura County on Wednesday afternoon when homes were destroyed by the wind-driven flames during her live report. The fire started in the Somis and Camarillo area earlier in the day and quickly grew to 9,000 acres. Firefighters were hampered by strong Santa Ana winds…Read More
Fired WLOX anchor Dave Elliott has been hired by Gulfport, Mississippi NBC and Fox affiliate WXXV. He’ll make his debut on the 5 and 6 p.m. NBC newscast on Monday, November 25, 2024. The station said Elliott has made a significant impact on Mississippi journalism over the years. Elliott was fired from Biloxi station WLOX…Read More
An election-pegged commercial from Calm that didn’t have a single line of spoken dialogue quickly became a major talking point in the hours following Donald Trump’s win of the White House. Both within the advertising industry and outside of it, fans have been discussing the merits of the ad’s 30 seconds of pure silence, a…Read More
Publicis Groupe agency Fallon has appointed Nikki Baker as its new chief executive officer. Baker, who joined the agency in 2018 and has served as co-chief creative officer with Leslie Shaffer since 2021, succeeds Rocky Novak, who has been in the role since 2019. Novak is leaving Fallon for a yet-to-be-named new opportunity but is…Read More
BBH USA has hired Jane Cronk and Ricardo Franco as executive creative directors at the agency. Both Cronk and Franco will serve across BBH USA’s portfolio of clients, with Franco focusing on the agency’s global Samsung team. Based in New York, Cronk and Franco joined the agency at the start of November and will report…Read More
