Tag Archives: omnicom

Omnicom begins slow comeback from pandemic’s 2020

Omnicom is coming round after the pandemic but it’s a slow business with Q1 organic revenue still in reverse at -1.8%. Last year the owner of BBDO, TBWA, DDB and Omnicom Media Group (OMG) posted negative growth of -9.6%. By ...

Read More »

Pandemic job cuts another sign of reduced role for agencies

Campaign has been doing some digging into the small print of Interpublic’s and Omnicom’s annual reports for 2020, to discover that the two ad holding companies have cut 10,000 roles over last year’s course of the pandemic. The cost of ...

Read More »

Omnicom brings up the rear (so far) among ad holding companies in grim 2020

Covid-19 hammered Omnicom harder than its rivals Interpublic and Publicis Groupe (WPP is still to report) with full year and Q4 organic growth down 11.1% and 9.6% respectively. Full year net income (profit) fell $393.7 million to $945.4 million compared ...

Read More »

Disastrous Q2 hits recent high flyer Omnicom

The usually sure-footed Omnicom let the side down somewhat in the second quarter of coronavirus-blasted 2020, seeing its revenue decline by 23 per cent and organic “growth” fall sharply in all regions: 21% in the US, 24% in the UK, ...

Read More »

Omnicom folds Proximity into Rapp Worldwide

Omnicom boss John Wren has responded vigorously to the Covid-19 crisis, with anticipated measures sich as layoffs, furloughs and salary cuts. Including some high profile (and presumably expensive) people at its agencies which include BBDO and DDB. Now it’s merging ...

Read More »