Interpublic Group cited three large account losses from 2024 that impacted the business, especially in media and healthcare.
q2
IPG sees Q2 decline; APAC revenue contracts 13.6%
Omnicom tops revenue estimates, APAC posts 6.5% organic growth
However, profitability took a hit, weighed down by acquisition and restructuring costs linked with Omnicom’s IPG merger and sweeping efficiency cuts across media and production units.
WPP’s Mark Read on how GroupM needs to improve, China woes and ‘cautious’ clients
Holding group CEO spoke to Campaign at Q2 results.
Amazon faces advertising challenges amid weak quarter outlook
Amazon's latest earnings report reveals strong advertising growth, but looming economic concerns and distractions like major global events temper the outlook for the coming quarter.
Tencent’s online advertising bounces back despite quarterly revenue missing estimates
Total revenues fell short of expectations this quarter, but overall profit and online advertising spiked.
Dentsu Q2 organic revenue declines by -4.7%, but pickup eyed in H2
The network continues to see organic revenues decline in Q2, but an acquisition and several one-off events are expected to spur growth in the second half of the year.
YouTube returns to growth in Q2
As Google recovers from an advertising retraction, CFO Ruth Porat has been handed a new role overseeing parent Alphabet’s experimental bets.
IPG declines 1.7% in Q2 as tech pullback drags revenue
The holding company’s organic net revenue suffered as tech clients “weighed significantly” on growth and digital agencies continued to underperform.
Arthur Sadoun: Our creative agencies are ‘essential’ despite ‘low single-digit’ growth
Publicis CEO spoke to Campaign after group grew 7.1% in Q2 and revealed it is giving staff an average salary increase of 4% in 2023.
Publicis ups pressure on rivals as ‘double-digit’ growth in media powers Q2
Organic revenue rose 7.1% for second quarter in a row despite economic uncertainty.
WPP tops big six new-business table in Q2
Global agency rankings: In the creative and media leagues, BBDO catapults 38 places to enter the former, while Publicis Media retains its position at the top of the latter.
Dentsu continues strong growth trajectory in Q2
The network's Customer Transformation & Technology division grew 22.25%, powering overall gains for a second straight quarter. Protracted sale of the Russian business dilutes net gains.
War in Ukraine impacts Omnicom revenue, operating profit in Q1
The holding company still posted nearly 12% organic growth in the quarter.
Despite strong subscriber growth in APAC, Netflix struggles to grow per user revenue
Q2 revenue rose 58% in Asia-Pacific and user additions nearly 84% as video streamer profited from masses of home-bound consumers in the pandemic.
Facebook misses Q2 projections, stock drops 20%
Despite ad revenue remaining very strong, Facebook’s warnings of “high single-digit” decline in revenue growth spooks investors.