The advertising holding companies have long treated their agency rosters the way some people treat closet space: periodically convinced that consolidation will solve everything, only to discover a few years later that they need more room.
The satellite radio company that once seemed destined to live or die by Howard Stern has been steadily assembling a portfolio of podcast properties, and its latest acquisition comes from a talent pipeline that would have seemed improbable to the medium's founders: a drag queen competition series on
There is something almost poetic about a prediction market app outperforming McDonald's at the World Cup — a tournament where FIFA guards its sponsorship categories with the vigilance of a Swiss bank and the lawyers to match.
The founding of a new advertising agency is one of those events that occurs with such regularity on Madison Avenue that it barely qualifies as news — except, of course, to the people doing the founding, for whom it represents either the culmination of a dream or the beginning of a very expensive edu
A decade ago, the chief executives of the major advertising holding companies gazed toward China with the particular optimism that attends the discovery of a market containing 1.4 billion potential consumers.