NEW YORK: Interpublic Group's (IPG) Constituency Management Group (CMG) saw a 19% year-over-year decline in its third quarter revenues. It reported $234.8 million in revenues, compared to $289.9 million in Q3 2008.
For the first nine months of the year, revenue for CMG, which houses the holding company's PR and event marketing firms, was $671.4 million, down 19% from $831.2 million in the year-ago period. Additionally, organic growth for CMG declined 16% in the third quarter and 14% for ...