Stagwell (STGW) Announces Investment in RealClearPolitics, Taking a 35% Ownership Position

Core Insights - Stagwell has acquired a 35% stake in Real Clear Holdings LLC, which publishes RealClearPolitics and other news sites, reflecting its commitment to high-quality owned media and the belief in the commercial potential of journalism [1][2][3] Group 1: Investment and Strategy - The investment in RealClear is part of Stagwell's broader strategy to enhance its owned media platforms, including ReachTV, and is aligned with its Future of News initiative [1][2] - Stagwell's clients will gain access to RealClear's audience, op-ed aggregation, and polling capabilities, enhancing their marketing effectiveness [2][3] Group 2: Leadership Perspectives - Mark Penn, Stagwell's Chairman and CEO, emphasized that quality news can drive significant business results, indicating a strong belief in the value of quality journalism for businesses [3] - John McIntyre, CEO of Real Clear Holdings, expressed confidence in the partnership with Stagwell, highlighting the potential benefits for both audiences and stakeholders [4]