Wren Wrangles Earnings

According to Adweek, Omnicom–the world’s largest advertising holding company, with BBDO, DDB, TBWA, OMD and PHD, among others on the roster–is making good money.
Omnicom’s fourth-quarter net income rose more than 13 percent to $314 million on a 12.7 percent increase in revenue to $3.62 billion, compared to the same period a year ago.
CEO John Wren during a conference call with analysts said clients were “a little bit nervous about the economy” but noted that no “major or serious cutbacks in spending” have been made thus far.

About David Burn

Co-founder and editor of AdPulp. I wrote my first ad for a political candidate when I was 17 years old. She won her race and I felt the seductive power of advertising for the first time. I worked for seven agencies in five states before launching my own practice in 2009. Today, I am head of brand strategy and creative at Bonehook in Portland, Oregon.