paidContent.org - The Economics of Content

Current Story

IPG Forms Mediabrands; UM’s Brien Named CEO; Omnicom, Clear Channel Join

By David Kaplan - Wed 09 Jul 2008 10:14 AM PST

Ad agency holding company Interpublic Group has formed a new media buying and planning unit called Mediabrands, shuffling some senior posts and bringing in execs from other companies as a result. Mediabrands will bring together all the various media shops under IPG, allowing greater sharing of resources—especially the back office operations—across agencies. Anticipating questions about the long-rumored combination of all its media agencies into one, IPG says that the media units will still remain distinct. To a lesser point, an IPG spokesperson told me, the move reflects the changing landscape between traditional and digital media. Exec changes include:

-- Nick Brien, CEO of IPG’s Universal-McCann, who takes that title with him as head of the new unit. Brien will manage global media networks UM and Initiative, IPG’s centralized negotiation entity Magna and media barter group Magna Trading, dedicated Johnson & Johnson agency J3 and diversified agencies NSA, OSI and Wahlstrom, as well as marketing accountability shop MAP and IPG’s Emerging Media Lab.

-- Matt Seiler leaves his post as president and CEO of PHD North America, a media shop owned by rival holding company Omnicom Group, to take on the CEO post at UM.

-- The second newcomer to IPG is Michael Hudes, who will head diversified media services and strategic development for Mediabrands. Previously, Hudes was the global director of digital media for ClearChannel (NYSE: CCU). Release

Posted in: Advertising, Industry Moves

Tags: interpublic group,


Our new Econoclast 10 lists the top ten most influential and innovative online celebrities.

Related Research from Alacrastore.com
0 Responses:
  • There are currently no comments for this article.

    Why don't you make one?

Post Your Comment

Mobile Options

» Mobile App
» Mobile/WAP Site

Send a News Tip

About

paidContent.org, flagship of the ContentNext Media network, provides global coverage of the business of digital content.

Rafat Ali
Publisher & Co-Editor

Staci D. Kramer
Co-Editor

David Kaplan
Senior Correspondent

Joseph Weisenthal
Correspondent

Robert Andrews
U.K. Editor

Amanda Natividad
Editorial Producer

Online Ad Deals Report

Social Media Report

New Media/Interactive Job Listings

Post Job
More Jobs

Generous Supporters