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Mark Penn's MDC-Stagwell merger faces more opposition
Insider's top advertising and media stories for June 4.
Lucia Moses
Advertising agencies imagine the office of the future
Plus, Crispin Porter Bogusky has a new CEO, and newly revealed TikTok user stats in this weekly Ins…
Lucia Moses
The story behind the decline of advertising agency Crispin Porter Bogusky
Business Insider spoke to 30 insiders who provided an in-depth look at what happened to the one-hot…
Tanya Dua
Big Tech argues against repealing Section 230
Here are the top media and advertising stories from Business Insider for October 29.
Lauren Johnson
Layoffs and furloughs hit holding companies WPP, Omnicom, and MDC Partners as advertisers slash spending
WPP-owned Grey, best known for its controversial Gillette ads, also instituted hiring freezes and s…
Patrick Coffee
MDC Partners CEO Scott Kauffman: Consultancies are 'not something I lose sleep over'
The CEO of the group explained the advertising industry's shift to consulting wasn't something he p…
Julien Rath
Microsoft's partners are on track to double their earnings from cloud in two years. Here's how much money Microsoft makes from its partner program.
"Microsoft is a very partner driven organization," Gavriella Schuster, corporate vice president and…
Rosalie Chan
MDC Chief Miles Nadal Just Bought A $1,000 Round Of Drinks For Boston Cops
Although the latest endeavor isn't officially from the agency, some folks at 72andSunny in LA — the…
Laura Stampler
Sam Bankman-Fried does not have access to Adderall in custody and subsists on a diet of peanut butter sandwiches and water, his attorney alleges
In a court hearing Tuesday, Sam Bankman-Fried's defense attorney said that the FTX co-founder has b…
Azmi Haroun
R. Kelly sues NYC prison for placing the singer on suicide watch following his 30-year sex trafficking conviction: attorney
R. Kelly's attorney said that the singer "expressed that he was mentally fine, was behaving appropr…
Pocharapon Neammanee
Prosecutors deny anyone tried to kill Ghislaine Maxwell in jail as they recommend at least 30 years in prison for the convicted sex-trafficker
Ghislaine Maxwell is set to be sentenced next week at a hearing where victims will have the opportu…
Ashley Collman,Jacob Shamsian
Ex-Clinton strategist Mark Penn is cutting his agencies' offices to save more than $10 million and compete against giants like WPP and Accenture
According to one of the executives who spoke to Business Insider, the term sheet for the real estat…
Patrick Coffee
What California's Proposition 24 means for Facebook and Google
Business Insider's top advertising and media stories for November 5.
Lauren Johnson
How ad agencies are planning to return to the office
Insider's top advertising and media stories for April 8.
Lauren Johnson
Here's how the top hedge funds feel about crypto
From Millennium to Point72, we break down where the world's biggest hedge funds stand on crypto inv…
Dan DeFrancesco,Jordan Parker Erb
The world's biggest advertising holding companies have been cleared after a 2-year DOJ investigation into their business practices
"As previously reported by Omnicom Group Inc. (the 'company'), two of the company's subsidiaries re…
Lauren Johnson
One of the rarest shoes in the world just sold for $437,500 at auction in the wake of a Canadian investor buying 99 sneakers for $850,000
Though according to the press release, Nadal originally offered to buy all 100 pairs, the original …
Shoshy Ciment
The advertising world has long lagged in diversity, but some agencies are trying to change that
Some ad professionals tell Insider though that they are skeptical change will truly come as they've…
Lindsay Rittenhouse
The five big ad holding companies are taking steps to shore up their finances as analysts say the worst effects of the pandemic are yet to come
The report stated that peak losses would probably be around half what they were at the deepest poin…
Patrick Coffee
WPP just lost a huge chunk of one of its oldest, most valuable accounts, Johnson & Johnson
The Neighborhood was housed in the offices of creative agency J. Walter Thompson, or JWT, after rev…