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Omnicom Grows 3.4%, Gains Regulatory Approval for IPG Deal in Some Markets

15 April 2025 at 11:43
The numbers $3.7 billion β€” Omnicom Group’s Q1 2025 revenue, a 1.6% increase year-over-year. 3.4% β€” Organic revenue growth for Q1, led by its media and advertising (7.2%) and precision marketing […]

AI and Election Power 7% Net Revenue Boost for Stagwell in 2024

27 February 2025 at 09:01
Buoyed by AI investments, an "aggressive" M&A strategy, increased spending from Big Tech clients, and the U.S. election, Stagwell grew its net revenues by 7% year-on-year. The numbers $2.3 billion: Stagwell's net revenue for 2024, up 7% from 2023. $630 million: The group's Q4 net revenue, up 14% versus the prior year period. 8%: Net...

Mark Read Looks to GroupM to Revive WPP’s Growth

27 February 2025 at 07:31
WPP disappointed the market with weaker-than-expected earnings results for Q4 and 2024. For the former, revenue less pass-through costs declined 2.3%, while the latter declined 1% on a like-for-like basis. The outlook for 2025 is flat to minus 2%, sending the ad giant's shares tumbling in early morning trading on Thursday. WPP's results stand in...

Warner Bros. Discovery Doesn’t β€˜Need’ Any More Sports, Says CEO

27 February 2025 at 06:26
The numbers 6.4 million -- The global streaming subscribers added by Warner Bros. Discovery in the fourth quarter. 116.9 million -- WBD's total global subscribers across 70 countries. $2.65 billion -- Fourth-quarter revenue for WBD's streaming segment, led by Max. That's up 5% from $2.53 billion in the same quarter last year. $409 million --...

WPP Forecasts 2025 Revenue Drop as Weak Results Send Shares Tumbling

27 February 2025 at 02:40
WPP's shares tumbled by 18% during early trading hours on Thursday (Feb. 27) following disappointing 2024 results and a weak outlook for this year. The numbers $14.38 billion (GBP11.35 billion) - revenue less pass-through costs in 2024, down 1% on a like-for-like basis. 2.3% - decline in Q4 revenue less pass-through costs. 0 to 2%...

Paramount Is Optimistic About Advertising Growth Despite Revenue Decline

26 February 2025 at 15:19
The numbers $7.98 billion -- Paramount's revenue for the fourth quarter of 2024, a 5% year-over-year increase. $4.98 million -- Paramount's revenue from TV ads, which declined 4% from the year prior. The decrease reflects declines in the linear advertising market and fewer sporting events on CBS, partially offset by high spends on political advertising....

AI Licensing Deals With Google and OpenAI Make Up 10% of Reddit’s Revenue

12 February 2025 at 16:14
Content licensing agreements now account for about 10% of Reddit's total revenue, the company's CRO Jen Wong told ADWEEK in an exclusive interview Wednesday. "It's a small part of our revenue--I'll call it 10%. For a business of our size, that's material, because it's valuable revenue," Wong said. The social platform--which on Wednesday reported a...

IPG Plans to Restructure Ahead of Closing Deal With Omnicom

12 February 2025 at 06:52
Interpublic Group (IPG), which is preparing for a takeover by rival Omnicom Group later this year, reported its full year and Q4 2024 earnings on Wednesday (Feb. 12). The numbers $9.2 billion - IPG's 2024 net revenue, with organic growth of 0.2%. $2.4 billion - IPG's Q4 net revenue, an organic decrease of 1.8%. 1%...

McDonald’s Will Lean on Value Marketing to Boost Sales As Customers Spend Less

10 February 2025 at 13:14
The numbers $130 billion+ -- Per its end-of-year financial update McDonald's global sales for 2024 hit over $130 billion. Revenues were up by over $1 billion year-on-year. -1.4% -- Same-store sales in the U.S. were down 1.4% year over year in the fourth quarter of 2024, but they ticked up slightly, by 0.2%, for the...

Amazon’s Ad Revenue Was $56 Billion Last Year

6 February 2025 at 15:17
The numbers $56.2 billion -- Amazon's 2024 ad revenue in net sales. $17.3 billion -- The amount Amazon made from net sales of its advertising services during the fourth quarter of 2024, a 18% year-over-year increase. $69 billion -- Amazon's run rate for its advertising business. $638 billion -- Overall net sales in 2024, a...

New York Times Generated $500M In Subs Revenue In Q4

5 February 2025 at 10:00
The numbers $2.59 billion -- The New York Times' annual revenue in 2024, up 6.6% year over year $726.7 million -- Its fourth-quarter revenue, up 7.5% year over year $466.6 million -- Subscription revenue generated in the fourth quarter of 2024 0.6% -- The Times' increase in total advertising revenue in the fourth quarter. Critically,...

Disney Outlines Changes Coming to Disney+

5 February 2025 at 07:19
The numbers $24.7 billion -- Disney's reported revenue for Q1, a 5% increase from a year ago. $2.64 billion -- Disney's net income for Q1, a 23% bump from the prior-year period. $293 million -- Disney's direct-to-consumer revenue for Q1 compared to an operating loss of $138 million this time last year. $10.9 billion --...

Omnicom Expects Shareholder Approval on IPG Deal in March

4 February 2025 at 15:35
The numbers $4.3 billion -- Omnicom Group's 2024 revenue, an increase of 5.2% year-over-year. Growth was led by media and advertising across all geographies, particularly in the U.S. $15.7 billion -- Omnicom's Q4 revenues, up 5.2% organically year-over-year. 3.5% - 4.5% -- Omnicom's forecasted organic revenue growth for 2025, down from the 5.2% growth it...

Google Forecasts $75B in Expenditures as AI Investments Balloon 

4 February 2025 at 15:15
The numbers $350 billion -- Alphabet's 2024 full year revenue, up 14% from $307 billion in 2023. $96.47 billion -- Q4 revenue, up 12% year-over-year, but below analyst projections. As a result, Alphabet shares dropped up to 8% in after-hours trading Tuesday. The company's Search and Cloud businesses, respectively, represented the biggest contributors to revenue....

Comcast Reveals the Future of NBCU After Spinning Off Cable Networks

30 January 2025 at 07:01
The numbers 100 million -- Households reached by NBC and Bravo each month, according to Comcast. $372 million -- Peacock's narrowed loss numbers following a loss of $825 million in the same period last year. 36 million -- Peacock subscribers, growing 16% year over year. $4.9 billion -- Peacock's full-year revenue, a 46% increase year...

Meta CEO Mark Zuckerberg Praises Trump On Q4 Call, As Revenue Soars

29 January 2025 at 15:51
The numbers $164.5 billion -- Meta's 2024 revenue, up 22% compared to 2023. Q4 revenue was $48.39 billion, up 21% year-over-year. 3.35 billion -- Daily active people on Meta's family of applications in December 2024, a 5% rise from the same month in 2023. Ad impressions delivered across Meta's family of apps rose 6% year-over-year...

How Netflix Dropped the Mic With Its New Subscriber Strategy

22 January 2025 at 09:37
Netflix had a massive quarter. In its earnings report for Q4, the streaming giant announced its biggest subscriber numbers to date, adding nearly 19 million paid subs, which pushed its numbers to over 300 million paid accounts. In addition, the company said 55% of sign-ups are coming to its ad tier, and the plan is...

Netflix Reveals First Ad Tier Price Hike

21 January 2025 at 14:05
The numbers 18.91 million -- Netflix's number of paid net subscriber additions in Q4. 302 million -- The streamer's total subscribers to end the year, up from 282.72 in Q3. 16% -- The company's reported year-over-year revenue increase. $43.5 billion to $44.5 billion -- The company's forecast for 2025 revenue. $7.99 -- Netflix's new ad...

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