NEW YORK: Revenues for Interpublic Group's (IPG) Constituency Management Group (CMG) fell 16% for the year, down to $915.1 million, from $1.09 billion in 2008. CMG's organic growth declined 13% from the previous year.
The year-end performance within CMG, which contains both PR and events firms, was brought down by the 24% decline in revenue year-over-year during the second quarter. The fourth quarter reported more positive results with a 6.5% decline in revenue, up from an almost 14% decline in revenue for the ...