Omnicom Group(OMC)

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Omnicom Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
Prnewswire· 2025-01-28 21:10
Group 1 - Omnicom will release its fourth quarter and full year 2024 financial results on February 4, 2025, after the market closes [1] - A conference call to discuss the financial results will take place on the same day at 4:30 p.m. Eastern Time, with a live webcast available [1] - The webcast replay will be accessible after the call concludes, along with the earnings press release and slide presentation on Omnicom's investor relations website [1] Group 2 - Omnicom is a leading provider of data-inspired, creative marketing and sales solutions, serving over 5,000 clients in more than 70 countries [2] - The company offers a diverse range of services including advertising, strategic media planning and buying, precision marketing, retail and digital commerce, branding, experiential, public relations, and healthcare marketing [2]
Credera achieves AWS Energy and Utilities Technology Competency
Prnewswire· 2025-01-28 13:00
Company Overview - Credera is a global consulting firm focused on transformation, MarTech, artificial intelligence (AI), and technology [1][7] - Founded in 1999, Credera has grown from 300 employees in three U.S. locations at the time of its acquisition by Omnicom in 2018 to a team of 3,000 members across 17 locations globally [6] Achievements and Competencies - Credera has achieved the Amazon Web Services (AWS) Energy and Utilities Competency, recognizing it as an AWS Premier Tier Services Partner with expertise in the energy sector [1][3] - The AWS Energy and Utilities Competency highlights Credera's ability to deliver innovative solutions tailored to the unique challenges faced by energy and utilities companies [3][5] - Credera has also earned multiple competencies in areas such as DevOps, Data and Analytics, Machine Learning, Migration, Security, and Advertising and Marketing Technology [2] Industry Impact - The energy and utilities technology sector is undergoing significant transformation, with cloud services playing a pivotal role in supporting the global transition to a new energy system [5] - Credera helps energy companies optimize operations, enhance customer experiences, and drive innovation through the use of AWS technologies [5] - The company's energy and utilities team focuses on real-time data analytics, machine learning for grid management, and sustainability reporting [4]
Dolci Frutta Announces New Non-Alcoholic Collaboration with Baileys® Irish Cream
Prnewswire· 2024-12-19 15:13
MIDDLETON, Wis., Dec. 19, 2024 /PRNewswire/ -- A decadent new addition to Dolci Frutta's popular hard-shell dessert line, featuring the delicious flavor of Baileys Irish Cream, is hitting shelves just in time for the holidays. Dolci Frutta's new Bailey's Irish Cream flavored melting wafers are now available. Saco Foods, LLC ("Saco"), a leading distributor of specialty consumer packaged goods, has announced the release of Dolci Frutta Baileys Irish Cream Flavored Melting Wafers. The non-alcoholic Baileys ...
House probes merger of ad giants Omnicom and Interpublic over ties to anti-conservative cartel
New York Post· 2024-12-18 21:05
Core Viewpoint - The House Judiciary Committee, led by Rep. Jim Jordan, is investigating the merger of advertising giants Omnicom and Interpublic Group due to their connections with an alleged anticonservative cartel that aimed to defund certain news outlets [1][7]. Group 1: Investigation Details - The committee has ordered Omnicom and Interpublic to preserve documents and all communications with the World Federation of Advertisers (WFA) and the now-defunct Global Alliance for Responsible Media (GARM) [2]. - The companies are required to disclose measures taken to prevent repeating GARM's alleged anticompetitive practices and any politically biased "brand safety" initiatives they are involved in [2][7]. - Responses to the committee's inquiries are due by January 7 [3]. Group 2: Merger Implications - The merger, announced earlier this month, would create the largest advertising agency globally, employing over 100,000 individuals and generating nearly $25 billion in annual revenue [5]. - The investigation raises concerns about potential competition suppression, particularly regarding conservative media voices, similar to findings related to GARM's past actions [7][12]. Group 3: Background on GARM - GARM was accused of colluding to undermine conservative platforms by labeling them as harmful and influencing over 40 major companies to withdraw advertising support [7][11]. - The cartel was involved in a boycott of X (formerly Twitter) and targeted popular conservative media, including The Post and Fox News [11][12]. - GARM ceased operations in August following a federal antitrust lawsuit initiated by Elon Musk [13].
NEW COMVERGENCE REPORT PROJECTS OMNICOM MEDIA GROUP OUTPERFORMING ITS PEERS FOR RATE AND VOLUME OF GROWTH IN 2024
Prnewswire· 2024-12-18 14:30
OMG agency OMD Ranked #1 for Billings Volume and Net GrowthYear-end projections drop weeks after Forrester Wavenamed OMG a leader in a transforming media marketplaceNEW YORK, Dec. 18, 2024 /PRNewswire/ -- Omnicom Media Group (OMG), the media services division of Omnicom (NYSE: OMC) and parent company to the OMD, PHD and Hearts & Science global media agency networks is expected to finish 2024 with both the highest rate of growth and actual billings growth among all global media groups. Global Media Grou ...
TBWA Named Adweek's 2024 Global Agency of the Year for the Fourth Time
Prnewswire· 2024-12-17 16:32
Core Insights - TBWA\Worldwide has been named Adweek's 2024 Global Agency of the Year, marking the fourth time since 2018 that the agency has received this honor [2][6][3] - The agency's success is attributed to its innovative AI platform "Collective AI," which combines human creativity with technology to enhance client outcomes [2][3] - TBWA's creative achievements include winning an Emmy for Apple's 'Fuzzy Feelings' and notable collaborations with brands like Levi's and McDonald's [2][3] Company Performance - In 2024, TBWA welcomed 200 new clients and retained its top 20 clients, with 70% of them experiencing growth [1][2] - The agency's workforce consists of over 11,000 creative minds across more than 40 countries, contributing to its global reach and effectiveness [7][6] Leadership and Future Outlook - Troy Ruhanen, the current CEO, expressed pride in the agency's recognition and emphasized the importance of the Disruption® methodology in driving business success [3][4] - Erin Riley will take over as CEO in 2025, with a focus on continuing to innovate and make a significant impact in the industry [4][3]
OMNICOM MEDIA GROUP TOPS COMVERGENCE Q1-Q3 REPORT WITH $7.37 BILLION IN TOTAL NEW BUSINESS
Prnewswire· 2024-12-03 15:27
As reported in the recently published Global Media Agency New Business Barometer Q1-Q3 2024 - an analysis of the global media agency marketplace from independent research company COMvergence - OMG was awarded $7.37 billion in client billings – including $4.4 million in retained business - during the first nine months of the year, outperforming its nearest competitor by more than 40 percent. Remarkably, OMG also earned the highest retention rate, successfully defending 85% of its billings in review while c ...
Paratek Pharmaceuticals Announces Positive Top-Line Data from Phase 2b Study of Oral Omadacycline (OMC) in Nontuberculous Mycobacterial (NTM) Abscessus Pulmonary Disease
GlobeNewswire News Room· 2024-11-08 14:00
First randomized placebo-controlled trial in NTM abscessusSymptom-based endpoints showed favorable improvement in frequency and severity of the most common symptomsMicrobiologic endpoints showed higher conversion to negative sputum culture, without emergence of resistance to omadacyclineIn this 12-week study, omadacycline appeared to be safe and well-tolerated with no new or unexpected safety signals BOSTON, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Paratek Pharmaceuticals, Inc., a commercial-stage biopharmaceutica ...
FleishmanHillard Appoints Della Sweetman President, Americas and Chief Strategy Officer
Prnewswire· 2024-11-06 16:20
ST. LOUIS, Nov. 6, 2024 /PRNewswire/ -- FleishmanHillard today announced the appointment of Della Sweetman to the role of president, Americas and chief strategy officer, effective immediately. In this position Sweetman will be responsible for the performance of the agency's largest region and for driving enterprise-wide business transformation. She will report to J.J. Carter, who was promoted to FleishmanHillard president and chief executive officer on October 1."Della is the right person to step into this ...
DDB Named One of America's Most Reliable Companies by Newsweek
Prnewswire· 2024-10-31 12:00
DDB is Recognized as the #2 Creative Agency and #3 Network on the Inaugural ListNEW YORK, Oct. 31, 2024 /PRNewswire/ -- DDB is proud to announce its inclusion in Newsweek's inaugural list of America's Most Reliable Companies 2025, as the #2 Creative Agency and #3 Agency Network. This prestigious accolade, published by Newsweek's partners at Statista, recognizes DDB's unwavering commitment to creative excellence and dependability on behalf of their clients.The list, unveiled on October 24th, 2024, showcases ...