Omnicom Media Group Ends 2023 Ranked #1 for Net New Business for the Second Consecutive Year, Earns 97% Retention Rate Among Existing Clients
NEW YORK, Dec. 20, 2023 /PRNewswire/ -- Omnicom Media Group (OMG), the media services division of Omnicom Group Inc. (NYSE: OMC) and parent company to the OMD, PHD and Hearts & Science global media agency networks, is poised to end 2023 with the best net new business record (wins minus losses) among global media management groups, marking the second consecutive year that OMG has led its category in incremental billings won.
- OMG was also the only group to show positive net new business gains across every global region.
- Notably, that report marked the first time any media group had all its agency brands topping the agency network ranking since the Media Agency New Business Barometer was first published in 2017.
- In the 2023 report, OMG's future fit- capabilities and 97% retention rate across the entirety of its existing client base fueled a performance score increase that was double the rate of its closest competitor.
- Partnering with NBCU to launch program-level reporting at scale across CTV environments, transforming the way streaming content is planned and bought.