BOSTON, Nov. 21, 2024 /PRNewswire/ -- Jack Morton, a leading global brand experience agency, today reported its latest findings from its global research program, Experience Better/Insights. The new report reveals a significant shift in consumer sentiments with the arrival of ChatGPT as a disruptive player in the creative and marketing services industry. This marks a pivotal moment in the relationship between brands and consumers across the globe. The study builds upon the first half of research released earlier this fall. Data shows that more than 50% of consumers say they will no longer trust a brand that doesn't live up to its promises. One-quarter of consumers worldwide take it to a plac

Q3 Net Revenue Drives Net Income of $180 Million, Adjusted EBITDA(1) of  $510 Million, Net Cash Provided by Operating Activities of $387 Million and Adjusted Free Cash Flow (1) of $327 Million All-Time High Third Quarter Distribution Revenue Reduced Year-over-Year Quarterly Losses at The CW by $36 Million Quarterly Return of Capital to Shareholders of $233 Million, Reducing Shares Outstanding by 3.1% Nexstar Media Group, Inc. (NASDAQ:NXST) ("Nexstar" or the "Company") today reported financial results for the third quarter ended September 30, 2024 as summarized below. Please visit Nexstar's website to view the full press release. STATEMENT FROM PERRY A. SOOK, FOUNDER, CHAIRMAN AND CEO

New York, NY, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) today announced that the company's Board of Directors has declared a quarterly dividend on IPG common stock of $0.33 per share, payable on December 16, 2024, to holders of record at the close of business on December 2, 2024. # # # About InterpublicInterpublic (NYSE:IPG) (www.interpublic.com) is a values-based, data-fueled, and creatively-driven provider of marketing solutions. Home to some of the world's best-known and most innovative communications specialists, IPG global brands include Acxiom, Craft, FCB, FutureBrand, Golin, Huge, Initiative, IPG Health, IPG Mediabrands, Jack Morton, KINESSO, MAGNA, Mc

New York, NY, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Total revenue including billable expenses was $2.63 billionRevenue before billable expenses ("net revenue") was $2.24 billion, with organic revenue unchanged from the third quarter of 2023Non-cash goodwill impairment expense of $232.1 million, related to digital specialist agencies and the sale process for R/GA and HugeReported net income was $20.1 millionAdjusted EBITA was $385.8 millionMargin of adjusted EBITA was 17.2% on revenue before billable expensesDiluted earnings per share including goodwill charge was $0.05 as reported and $0.70 as adjusted Philippe Krakowsky, CEO of Interpublic: "Net revenue

Launch of Interact Represents Holding Company's Newest Platform to Orchestrate End-to-End Brand Marketing that Drives Business Outcomes for Clients Interact Is Powered by Acxiom's Industry-leading Audience Data and Identity Foundation New York, NY, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) today announced Interact, the latest evolution of its revolutionary marketing engine. This powerful platform delivers unparalleled connectivity and global reach, serving as Interpublic's core technology platform infrastructure. Following a series of enhancements, this end-to-end framework integrates data flow across the campaign lifecycle, from bra

New York, NY, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) announced today that it will release earnings for the third quarter ended September 30, 2024 on the morning of October 22, 2024. Following the release, the company will hold a conference call for investors at 8:30 a.m. Eastern Time on the same day to review results. To join the conference call, please call (888) 469-2039. Outside the United States, please call (517) 308-9365. The participant passcode is 3446894. The call will be available live on the company's website, www.interpublic.com. The conference call will be recorded and available for 30 days by calling (866) 363-1835 followed by the passcode 35

New national campaign asks people to help lower the price wildlife pay for biodiversity loss and climate change. TORONTO, Sept. 27, 2024 /CNW/ - Wildlife is paying the price for biodiversity loss and climate change. But dropping species populations, reductions in habitat and rising temperatures are not a done deal if we act now.   That's the message of World Wildlife Fund Canada's new national campaign: Save Big. Created with agency MRM, Save Big borrows the hard-hitting copy and design style of retail to tap into our fear of missing out (FOMO) and rouse the sense of urgency needed to recover wildlife, fight climate change and get our future back on track. Catchy

Brands That Prioritize Deep Consumer Engagement Will Build Lasting Loyalty and Stronger Relationships BOSTON, Sept. 24, 2024 /PRNewswire/ -- Jack Morton, a leading global brand experience agency, today announced new research that explores consumers' shifting attitudes toward data privacy and brand trust in an era where AI offers the opportunity for personalization at scale. Experience Better/Insights highlights the evolving landscape of consumer data privacy and brand trust in a post-ChatGPT world. According to the study, more consumers would exchange their data for an AI-driven brand experience than would exchange it for cash or other goods and services. While only 30% of consumers said th

New York, NY, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) announced today the appointment of Alex Hesz as the company's Chief Strategy Officer. Hesz will collaborate closely with Interpublic's leadership team on the company's strategic priorities, including the company's go-to-market positioning and its integrated work with global clients. "Alex is an exceptional strategist who sees what's next and will help both our clients and Interpublic harness change to drive outstanding performance. He'll be invaluable in driving our company's strategic initiatives forward as we continue to evolve and grow. An area of long-standing focus for us is the intersection of media, t

New York, NY, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) announced today the launch of Mediabrands Health, a Center of Excellence (COE) that sits within IPG Mediabrands. Building on the company's leading healthcare offerings at IPG Health and within IPG Mediabrands, this new specialism further strengthens Interpublic's integrated healthcare offering by providing scaled, global media services through Mediabrands Health.  "Our clients in the healthcare space have experienced first-hand the benefits of opting in to a single, integrated solution by partnering with IPG Health and its collective of full-service and specialized agencies," said Philippe Krakowsky, CEO

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Q3 Net Revenue Drives Net Income of $180 Million, Adjusted EBITDA(1) of  $510 Million, Net Cash Provided by Operating Activities of $387 Million and Adjusted Free Cash Flow (1) of $327 Million All-Time High Third Quarter Distribution Revenue Reduced Year-over-Year Quarterly Losses at The CW by $36 Million Quarterly Return of Capital to Shareholders of $233 Million, Reducing Shares Outstanding by 3.1% Nexstar Media Group, Inc. (NASDAQ:NXST) ("Nexstar" or the "Company") today reported financial results for the third quarter ended September 30, 2024 as summarized below. Please visit Nexstar's website to view the full press release. STATEMENT FROM PERRY A. SOOK, FOUNDER, CHAIRMAN AND CEO

New York, NY, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) today announced that the company's Board of Directors has declared a quarterly dividend on IPG common stock of $0.33 per share, payable on December 16, 2024, to holders of record at the close of business on December 2, 2024. # # # About InterpublicInterpublic (NYSE:IPG) (www.interpublic.com) is a values-based, data-fueled, and creatively-driven provider of marketing solutions. Home to some of the world's best-known and most innovative communications specialists, IPG global brands include Acxiom, Craft, FCB, FutureBrand, Golin, Huge, Initiative, IPG Health, IPG Mediabrands, Jack Morton, KINESSO, MAGNA, Mc

New York, NY, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Total revenue including billable expenses was $2.63 billionRevenue before billable expenses ("net revenue") was $2.24 billion, with organic revenue unchanged from the third quarter of 2023Non-cash goodwill impairment expense of $232.1 million, related to digital specialist agencies and the sale process for R/GA and HugeReported net income was $20.1 millionAdjusted EBITA was $385.8 millionMargin of adjusted EBITA was 17.2% on revenue before billable expensesDiluted earnings per share including goodwill charge was $0.05 as reported and $0.70 as adjusted Philippe Krakowsky, CEO of Interpublic: "Net revenue

New York, NY, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) announced today that it will release earnings for the third quarter ended September 30, 2024 on the morning of October 22, 2024. Following the release, the company will hold a conference call for investors at 8:30 a.m. Eastern Time on the same day to review results. To join the conference call, please call (888) 469-2039. Outside the United States, please call (517) 308-9365. The participant passcode is 3446894. The call will be available live on the company's website, www.interpublic.com. The conference call will be recorded and available for 30 days by calling (866) 363-1835 followed by the passcode 35

New York, NY, July 30, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) today announced that the company's Board of Directors has declared a quarterly dividend on IPG common stock of $0.33 per share, payable on September 17, 2024, to holders of record at the close of business on September 3, 2024. # # # About InterpublicInterpublic (NYSE:IPG) (www.interpublic.com) is a values-based, data-fueled, and creatively-driven provider of marketing solutions. Home to some of the world's best-known and most innovative communications specialists, IPG global brands include Acxiom, Craft, FCB, FutureBrand, Golin, Huge, Initiative, IPG Health, IPG Mediabrands, Jack Morton, KINESSO, MAGNA,

New York, NY, July 24, 2024 (GLOBE NEWSWIRE) -- Total revenue including billable expenses was $2.71 billionRevenue before billable expenses ("net revenue") was flat at $2.33 billion, with an organic increase of 1.7%Reported net income was $214.5 millionAdjusted EBITA before restructuring charges was $338.9 millionMargin of adjusted EBITA before restructuring charges was 14.6% on revenue before billable expensesDiluted earnings per share was $0.57 as reported and $0.61 as adjusted Philippe Krakowsky, CEO of IPG: "Second quarter performance was solid, with moderate acceleration in organic growth, as well as margin expansion compared to the same period last year. Consist

New York, NY, July 08, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) today announced that it will release earnings for the second quarter ended June 30, 2024 on the morning of July 24, 2024. Following the release, the company will hold a conference call for investors at 8:30 a.m. Eastern Time on the same day to review results. To join the conference call, please call (888) 628-9526. Outside the United States, please call (517) 308-9426. The participant passcode is 8792008. The call will be available live on the company's website, www.interpublic.com. The conference call will be recorded and available for 30 days by calling (800) 678-0756 followed by the passcode 4596. Out

New York, NY, May 23, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) today announced that the company's Board of Directors has declared a quarterly dividend on IPG common stock of $0.33 per share, payable on June 18, 2024, to holders of record at the close of business on June 4, 2024. # # # About InterpublicInterpublic (NYSE:IPG) (www.interpublic.com) is a values-based, data-fueled, and creatively-driven provider of marketing solutions. Home to some of the world's best-known and most innovative communications specialists, IPG global brands include Acxiom, Craft, FCB, FutureBrand, Golin, Huge, Initiative, IPG Health, IPG Mediabrands, Jack Morton, KINESSO, MAGNA, McCann, Mediahub, M

New York, NY, April 24, 2024 (GLOBE NEWSWIRE) -- Total revenue, including billable expenses, was $2.50 billion  Revenue before billable expenses ("net revenue") was $2.18 billion, an increase of 0.3% from a year ago, with organic increase of 1.3%  Net income was $110.4 million as reported  Adjusted EBITA before restructuring charges was $205.5 million with 9.4% margin on net revenue, in seasonally small first quarter  Diluted EPS was $0.29 as reported and was $0.36 as adjusted Philippe Krakowsky, CEO of IPG: "The first quarter results we are reporting today represent a solid start to the year, and are consistent with our 2024 targets. Our data and tech dri

New York, NY, April 08, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) today announced that it will release earnings for the first quarter ended March 31, 2024 on the morning of April 24, 2024. Following the release, the company will hold a conference call for investors at 8:30 a.m. Eastern Time on the same day to review results. To join the conference call, please call (800) 593-9891. Outside the United States, please call (517) 308-9356. The participant passcode is 6123844. The call will be available live on the company's website, www.interpublic.com. The conference call will be recorded and available for 30 days by calling (888) 325-4187 followed by the passcode 1008. O

New national campaign asks people to help lower the price wildlife pay for biodiversity loss and climate change. TORONTO, Sept. 27, 2024 /CNW/ - Wildlife is paying the price for biodiversity loss and climate change. But dropping species populations, reductions in habitat and rising temperatures are not a done deal if we act now.   That's the message of World Wildlife Fund Canada's new national campaign: Save Big. Created with agency MRM, Save Big borrows the hard-hitting copy and design style of retail to tap into our fear of missing out (FOMO) and rouse the sense of urgency needed to recover wildlife, fight climate change and get our future back on track. Catchy

New York, NY, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) announced today the appointment of Alex Hesz as the company's Chief Strategy Officer. Hesz will collaborate closely with Interpublic's leadership team on the company's strategic priorities, including the company's go-to-market positioning and its integrated work with global clients. "Alex is an exceptional strategist who sees what's next and will help both our clients and Interpublic harness change to drive outstanding performance. He'll be invaluable in driving our company's strategic initiatives forward as we continue to evolve and grow. An area of long-standing focus for us is the intersection of media, t

Chief Financial Officer at IPG Brings Extensive Financial and Advertising Industry Expertise to the Board Nexstar Media Group, Inc. (NASDAQ:NXST) today announced the appointment of Ellen Johnson to its Board of Directors effective October 1, 2024. Ms. Johnson will serve as an independent director and will stand for election at the 2025 annual meeting of stockholders. Following her appointment, Nexstar will have 10 Board members, 9 of whom are independent and three of whom are women. Ms. Johnson currently serves as Executive Vice President, Chief Financial Officer of Interpublic Group of Companies (NYSE:IPG), one of the world's leading providers of marketing and advertising solutions. In

Gail Heimann to Retire After 28-year Career at the FirmSusan Howe Named CEO New York, NY, July 09, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) announced today that Gail Heimann, Global CEO of The Weber Shandwick Collective (TWSC), the leading earned-first network, will be retiring after nearly three decades with the firm. Susan Howe, who currently serves as the company's President, will succeed Ms. Heimann as CEO. The leadership transition will take place over the next four months.  Ms. Heimann became CEO of TWSC five years ago, after holding numerous roles with the company. As CEO, she has expanded its portfolio of blue-chip clients by championing bold thin

New York, NY, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) announced today the appointment of Susan Credle as its first-ever Creative Advisor. In addition to taking on this newly created role, Susan will continue to serve as Chair of global integrated creative network FCB through the remainder of 2024. Credle will also continue to report to IPG CEO Philippe Krakowsky. In the new role, partnering with creative leaders across IPG's agencies, Susan will advance the culture of creativity at IPG, ensuring it is central in all the network's work for brands. Notably, Susan will be tasked with infusing creative perspectives into emerging offerings such as commerce and mark

LONDON, April 04, 2023 (GLOBE NEWSWIRE) -- Škoda Global Marketing Communications has appointed FCB as their new global creative lead agency partner following a four-way pitch involving three other undisclosed agencies. The account will commence from early April and will be run out of the London office with a remit encompassing major product launches and priorities for over 20 major markets.  The review process, which started last year, was handled by The Observatory International (London) on behalf of Škoda Global Marketing, and the new agency will transition with Škoda's previous agency, OptimistThjnk, until the end of June. The Volkswagen Group-owned marque is investing in its

Performance marketing agency taps accomplished leader to elevate the role of paid social, explore new platforms, creatively build customer strategies, and propel business growth Reprise, the performance marketing agency within IPG Mediabrands, today announced the appointment of Jason Cotrina-Vasquez as Global Head of Social. Following an extensive search for this key leadership role, Jason has joined to lead social strategy and the team of craft specialists. He brings more than 15 years of experience in digital media, with a strong foundation in biddable media, to the agency at a time when brands are increasing their media spend on performance to accelerate growth. "Social remains among o

ALEXANDRIA, Va., Feb. 6, 2023 /PRNewswire/ -- The Hawthorn Group, L.C. is pleased to announce that former employee Liam Goodwin has returned to the firm as Director of Client Services, effective today. He will be responsible for helping develop and manage client programs and budgets and will assist in aligning Hawthorn's resources with client needs. "I am delighted to welcome Liam back to our team," Hawthorn President Suzanne Hammelman said. "Liam is immensely talented, smart, and creative. His experience has provided him with an in-depth understanding of business and policy i

New York, NY, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) today announced that Jeriad Zoghby is joining the company as Chief Commerce Strategy Officer. In his role, Zoghby will oversee commerce strategy for the holding company, connecting the existing channel and platform expertise across the IPG portfolio and helping to identify opportunities for further growth. Working with key agency and client business leaders, Zoghby will orchestrate how the company supports clients as they connect commerce solutions to the full breadth of their marketing programs. Zoghby starts immediately. By coordinating resources from IPG's award-winning companies, Zoghby will be instrumental

New York, NY, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) announced today that Urvashi Shivdasani has been appointed Global Chief Financial Officer for Huge. Reporting directly to Mat Baxter, Urvashi will oversee Huge's commercial strategy and lead the company's accounting, financial planning and analysis, real estate, commercial finance and information technology teams. A seasoned leader, Urvashi has more than 20 years of experience evolving business models for industry trailblazers across a variety of sectors including media, retail, online education and banking. She joins Huge from Ralph Lauren, where she served as the SVP of Global Corporate Finance. There,

Wells Fargo downgraded Interpublic from Equal Weight to Underweight and set a new price target of $26.00 from $28.00 previously

JP Morgan downgraded Interpublic from Overweight to Neutral and set a new price target of $33.00 from $36.00 previously

Exane BNP Paribas downgraded Interpublic from Neutral to Underperform

UBS downgraded Interpublic from Neutral to Sell and set a new price target of $29.00 from $34.00 previously

The Benchmark Company downgraded Interpublic from Buy to Hold

Morgan Stanley downgraded Interpublic from Equal-Weight to Underweight and set a new price target of $28.00 from $34.00 previously

UBS initiated coverage of Interpublic with a rating of Neutral and set a new price target of $36.00

Wells Fargo downgraded Interpublic from Overweight to Equal Weight and set a new price target of $33.00 from $43.00 previously

BofA Securities upgraded Interpublic from Neutral to Buy and set a new price target of $40.00 from $38.00 previously

Exane BNP Paribas downgraded Interpublic from Outperform to Neutral and set a new price target of $40.00