Lévy Has His Horses, But Will They Run?

The Wall Street Journal has some interesting quotes from Publicis Groupe CEO, Maurice Lévy, regarding the need to grow the holding company’s digital acquisitions. “There is nothing big left to buy,” Mr. Lévy, chief executive of Publicis, said in an interview Monday. “However, digital advertising still heralds many unknown opportunities.” “The shock that the Internet […]

WPP Turns 25. Time For A Quarterlife Crisis?

This’ll surely make George Parker’s head explode. Sir Martin Sorrell, writing on The Huffington Post, shares his thoughts about the holding company: I think WPP’s halfway there; our objective is to be the best marketing services company in the world, and by best we mean the natural choice of both clients and people; the natural […]

Digital Isn’t Madison Avenue’s Undoing, It’s Just The Latest And Most Blatant Challenger

From the perspective of serial entrepreneur Jeff Bussgang, a partner at Flybridge Venture Capital in Boston, traditional advertising as embodied by fictional characters in AMC’s hit show Mad Men are true relics, with little chance at ever again exuding the kind of swagger we see in Don Draper. Writing in BusinessWeek, Bussgang argues: With the […]

Who Wears Plaid Anymore?

The agency formerly known as Plaid has been acquired by Source Marketing (an MDC Partners company) and is now known as Humongo. Naturally, those formerly known as Plaid are very excited about the development, maybe a bit too excited: Living proof that small is the new big, and that Humongo is the new ginormous. We […]

When You Feed The Machine, It May Try To Return The Favor

According to Financial Times, Sir Martin Sorrell, chief executive of WPP, warned on Tuesday that social media sites are “less commercial phenomena, they are more personal phenomena”, more similar to “writing letters to our mothers” than watching television. “Invading these [social] media with commercial messages might not be the right thing,” Sir Martin told delegates […]

The Toronto Experiment: Bogusky To Inject His DNA Into Other MDC Shops

If you were Miles Nadal, you might be tempted to sprinkle as much Bogusky as possible on your other holdings, regardless of existing seasoning. So I’m not surprised to learn from Ad Age that Alex Bogusky is taking on a new role at the Toronto-based parent company that makes him responsible for the creative product […]

The Smart Money Goes Wherever Consumers Go

Attention founder Curtis Hougland explains on his firm’s blog why MDC Partners–the holding company that owns Crispin Porter & Bogusky and many other fine agencies–decided to invest in his growing Word-of-Mouth concern. …we are at an inflection point in social media, the shift from early adopter to early majority, a horizontal skill set requiring more […]

Holding Companies Fish In Microsoft’s Waters

According to The Wall Street Journal, Microsoft is entertaining competing bids for Razorfish, the digital ad firm it acquired and now wants to offload. Publicis bid between $500 million and $600 million for Razorfish, and Dentsu made a higher offer, according to people familiar with the bidding. A key negotiating point has been the buyer’s […]