NEW YORK: Interpublic Group's PR agencies' revenue grew faster than the holding company's other businesses during the first three months of this year, said Harris Diamond, CEO of Weber Shandwick and Interpublic's Constituency Management Group (CMG), which includes its PR firms.

The 2008 Agency Business Report found that the PR industry had another successful year. These gains can be attributed, at least in part, to increased digital revenues, the improving stature of PR pros in the eyes of C-suite executives, and global companies seeking expertise in multiple countries

Leave it to the fashion industry to remind us of what we can't afford and, like salt in the wound, to create a new buzz phrase to attract international shoppers - "NYC is on sale."

Some companies need to start thinking differently about earnings guidance

NEW YORK: Ziff Davis Media, which filed for bankruptcy protection this past Wednesday, is working with Joele Frank, Wilkinson Brimmer Katcher.

NEW YORK, LONDON: Holding companies Interpublic Group (IPG) and WPP Group both posted healthy earnings growth in 2007.

NEW YORK: Interpublic Group, which owns PR agencies Golin/Harris, Weber Shandwick, and MWW Group, among others, reported that yearly revenue grew almost 6% to $6.6 billion.

While some agencies might fear a recession, there are good reasons to believe that it will not be so bad.

Holding company MDC Partners has acquired Clifford Public Relations and merged the firm with Bratskeir and Company.

Given the roller coaster ride the economy has been on for the past few months, there are understandably concerns about how a possible recession could affect the PR industry.