NEW YORK: MDC Partners' Strategic Marketing Services unit, which contains its PR agencies, reported $165.5 million in revenue in the fourth quarter of 2011, as well as an $8.8 million operating loss.
For full-year 2011, the group earned $608.1 million in revenue and operating income of $21.3 million.
The holding company owns majority stakes in Attention, Allison & Partners, Kwittken & Co., HL Group, and Sloane & Company.
MDC's total revenue increased by 6.7% organically in Q4 2011 to $254.3 ...