Omnicom Group

ADCOLOR Announces 2023-2024 Advisory Board

Retrieved on: 
Wednesday, August 2, 2023
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NEW YORK, Aug. 2, 2023 /PRNewswire/ -- ADCOLOR, the premier organization dedicated to celebrating and promoting diversity in the creative industries, today announced the members of its 2023-2024 ADCOLOR Advisory Board (AAB).

Key Points: 
  • NEW YORK, Aug. 2, 2023 /PRNewswire/ -- ADCOLOR, the premier organization dedicated to celebrating and promoting diversity in the creative industries, today announced the members of its 2023-2024 ADCOLOR Advisory Board (AAB).
  • A key part of the in-person FUTURES experience includes the annual ADCOLOR FUTURES Hackathon, which is facilitated by the Hackathon Committee.
  • "I am truly inspired by the commitment and passion of the remarkable individuals who have joined this year's ADCOLOR Advisory Board," said Tiffany R. Warren, Founder and President of ADCOLOR.
  • For additional details on the 2023-2024 ADCOLOR Advisory Board, please visit the ADCOLOR site .

Business Leaders Descend on Cannes in Show of Chicagoan Strength

Retrieved on: 
Tuesday, August 1, 2023
Heart, Unemployment, Optimism, Workflow, Culture, McDonald's, Overalls, Jukka Ruhanen, Microsoft, CMO, Macdonald, PepsiCo, Creativity, Omnicom Group, Name, Cannes Lions International Festival of Creativity, Divisional patent application, Adobe, Map, AI, SVP, TBWA, United States Department of Labor, Film industry, Toy, Gatorade, Mediterranean Sea

On the third day of the festival, panelists were optimistic about the state of the industry and eager to examine that optimism, beginning squarely with brand.

Key Points: 
  • On the third day of the festival, panelists were optimistic about the state of the industry and eager to examine that optimism, beginning squarely with brand.
  • Vivek Mohan, Divisional VP, Global Corporate Marketing, Abbott echoed Dito's view, noting, "You want to be relevant locally…and the strength of the core idea (at the global level) is critical."
  • "I think the best and only reason to challenge convention with technology like this, is centered around meeting consumer need."
  • Vivek Mohan, Divisional VP, Global Corporate Marketing, Abbott commented, "I think that Chicago is a talent magnet in many ways.

Uber Announces Results for Second Quarter 2023

Retrieved on: 
Tuesday, August 1, 2023
Other Transport, Trucking, Environment, Retail, Transport, Automotive, EV, Electric Vehicles, Sustainability, Software, Artificial Intelligence, Internet, Online Retail, Logistics, Supply Chain Management, Technology, Delivery Services, Mobile, Wireless, Other Automotive, Apps, Applications, Classification, Marketing, CPG, Line of credit, G&A, GAAP, Rate, Amazon Alexa, Contra, Eaton, Alexa, Research, Joinder, Corporation, HMRC, Clipper, Yoy, Ford Mustang, Travel, Credit, Parent, Disclosure, Uber, Uber Carshare, PIN, CFO, Ford Mustang Mach-E, Chicken of the Sea, Omnicom Group, Quarter, Regulation, United Kingdom, Partnership, Food, Regulation Fair Disclosure, VAT, Transportation management system, Ford, Ridesharing, Sea, Uber Eats, EBITDA, City, Rail transport, Video game, Bookkeeping, Health care, Food delivery, Tourism, Advertising, Delivery, Waymo, Mobility

Mobility Adjusted EBITDA margin was 7.0% of Gross Bookings compared to 5.8% in Q2 2022 and 7.1% in Q1 2023.

Key Points: 
  • Mobility Adjusted EBITDA margin was 7.0% of Gross Bookings compared to 5.8% in Q2 2022 and 7.1% in Q1 2023.
  • UK Uber Travel expansion: Announced a new UK feature which allows UK users to book flights directly in the Uber app.
  • Flights on Uber join existing UK transport options including Uber Rides, Uber Boat, international and intercity trains and buses.
  • A live audio webcast of our second quarter ended June 30, 2023 earnings release call will be available at https://investor.uber.com/ , along with the earnings press release and slide presentation.

Omnicom Expands Connected Commerce and Retail Media Footprint with Acquisition of Brazilian-based Agencies Outpromo and Global Shopper

Retrieved on: 
Thursday, July 27, 2023
Omni, OMC, Food, Electronics, OMG, Adidas, Social commerce, Household, Beauty, Acquisition, Commerce, Ecosystem, P&G, Health, NYSE, SAO, Heineken, Online shopping, Retail, Omnicom Group

NEW YORK and SAO PAOLO , July 27, 2023 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced its media services division, Omnicom Media Group, has acquired Outpromo and Global Shopper, two of Brazil's leading connected commerce and retail media agencies.

Key Points: 
  • NEW YORK and SAO PAOLO , July 27, 2023 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced its media services division, Omnicom Media Group, has acquired Outpromo and Global Shopper, two of Brazil's leading connected commerce and retail media agencies.
  • The acquisitions create the foundation for a dedicated, end-to-end e-commerce and retail media performance agency in the Brazilian market for Omnicom Media Group.
  • Outpromo has operated as a partner to Omnicom agencies in Brazil since 2014 and shares clients like Adidas, Heineken, and P&G, among others.
  • "With Global Shopper and Outpromo now part of our group, OMG is gaining deep commerce and retail media expertise in Latin America's largest market.

Omnicom Declares Dividend

Retrieved on: 
Tuesday, July 25, 2023
OMC, NYSE, Holding company, Omnicom Group

NEW YORK, July 25, 2023 /PRNewswire/ -- The Board of Directors of Omnicom (NYSE: OMC) declared a quarterly dividend of 70 cents per outstanding share of the corporation's common stock.

Key Points: 
  • NEW YORK, July 25, 2023 /PRNewswire/ -- The Board of Directors of Omnicom (NYSE: OMC) declared a quarterly dividend of 70 cents per outstanding share of the corporation's common stock.
  • The dividend is payable on October 12, 2023 to Omnicom common shareholders of record at the close of business on September 21, 2023.

LoopMe Joins Ad Net Zero, Furthering Commitment to a Sustainable Advertising Ecosystem

Retrieved on: 
Tuesday, July 25, 2023
Environment, Technology, Environmental Issues, Environmental Health, Advertising, Communications, Sustainability, Software, Data Management, Artificial Intelligence, Cloud, Pubmatic, Meta, Adtech (company), DSP, Omnicom Group, Electricity, Publicis, Carbon, Dentsu, IAB, ANA, Google Cloud, Heel, Artificial intelligence, Climate, Ecosystem, Renewable energy, Cryptocurrency, Amazon

LoopMe , a leading technology company that uses artificial intelligence (AI) to improve brand advertising performance, today announced that it has joined Ad Net Zero , the climate action programme to help advertising tackle the climate emergency by decarbonizing ad operations and accurately promote sustainable products and services.

Key Points: 
  • LoopMe , a leading technology company that uses artificial intelligence (AI) to improve brand advertising performance, today announced that it has joined Ad Net Zero , the climate action programme to help advertising tackle the climate emergency by decarbonizing ad operations and accurately promote sustainable products and services.
  • “LoopMe embodies the Ad Net Zero mission of modeling and empowering advertising sustainability practices through decarbonisation.”
    By joining Ad Net Zero, LoopMe is committing to following the group’s five-step plan:
    “We have worked arduously to prioritize sustainability as a tenet of our business and to offer more sustainable technology options to our advertising industry partners,” said Stephen Upstone, CEO and founder of LoopMe.
  • LoopMe also recently launched its sustainable Intelligent Marketplace , delivering a fully certified, green-by-design supply path for its global partners.
  • The sustainable marketplace personalizes demand-side traffic shaping, thereby dynamically filtering out 98% of supply that won’t receive a bid.

mediasmart and Agency Reporter's ConnectedTV Asia Symposium Ignites Indonesia's Digital Revolution

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Thursday, July 20, 2023
Paragon, Dentsu, Smart TV, Lead, Advertising, Senior, Indosat, Connected, The Digital Group, Lemma, Marketing, Dominoes, Open Road Integrated Media, Digital transformation, Investment, Havas, Communication, MIT Center for Digital Business, Comparison of multi-paradigm programming languages, Blue Bird Group, Growth, Digital, Ecosystem, AI, Omnicom Group, Paragon Software Group, Over-the-top media service, Savy, Television, Film industry, CTV, Viu

The inaugural ConnectedTV Asia Symposium in Indonesia, brought to you by mediasmart in association with Agency Reporter, marked the region's first-ever event focusing on CTV.

Key Points: 
  • The inaugural ConnectedTV Asia Symposium in Indonesia, brought to you by mediasmart in association with Agency Reporter, marked the region's first-ever event focusing on CTV.
  • Following a successful run in India, this edition introduced the Indonesian market to the world of ConnectedTV.
  • Nikhil Kumar, Vice President IN SEA & ME at mediasmart, an Affle company, highlighted the evolutionary trajectory of ConnectedTV and discussed the worldwide landscape, with a specific focus on Asia.
  • The ConnectedTV Asia Symposium is a collaborative and neutral platform for industry leaders and experts.

Credera launches global cross-functional AI council and increases AI investment to lead through paradigm shift

Retrieved on: 
Wednesday, July 19, 2023
Columbia University, Workforce, Federal Patent Court (Switzerland), Engineering, Marketing, Internet, Omnicom Group, E-governance, Uber, Assistant, Public sector, Mastercard, Investment, Adobe, Analytical Engine, Sculpture in Brussels, Ethics, GE Digital, Zillow, AWS, MAP, Management, Sales, Credera Rubbiano, AI

"We have people with unique backgrounds and training to meet the needs of this new paradigm and shape the resulting landscape," says Vincent Yates.

Key Points: 
  • "We have people with unique backgrounds and training to meet the needs of this new paradigm and shape the resulting landscape," says Vincent Yates.
  • The launch of the global AI council is a part of Credera's expansion of their AI solutions to accelerate business and marketing transformation for its clients, and more broadly within Omnicom Group.
  • "We are committed to continued excellence through AI with our global, boutique approach," says Credera's global CEO Justin Bell.
  • Credera's rapidly expanding AI capabilities will meet client demand for AI expertise as industries transform.

Credera launches global cross-functional AI council and increases AI investment to lead through paradigm shift

Retrieved on: 
Wednesday, July 19, 2023
Columbia University, Workforce, Federal Patent Court (Switzerland), Engineering, Marketing, Internet, Omnicom Group, E-governance, Uber, Assistant, Public sector, Mastercard, Investment, Adobe, Analytical Engine, Sculpture in Brussels, Ethics, GE Digital, Zillow, AWS, Phosphorus, Management, Sales, Credera Rubbiano, AI

The launch of the Global AI Council is a part of Credera's expansion of its AI solutions to accelerate transformations.

Key Points: 
  • The launch of the Global AI Council is a part of Credera's expansion of its AI solutions to accelerate transformations.
  • The launch of the Global AI Council is a part of Credera's expansion of its AI solutions to accelerate business and marketing transformation for its clients, and more broadly within Omnicom Group.
  • "We are committed to continued excellence through AI with our global, boutique approach," says Credera's global CEO Justin Bell.
  • Credera's rapidly expanding AI capabilities will meet client demand for AI expertise as industries transform.

Omnicom Reports Second Quarter 2023 Results

Retrieved on: 
Tuesday, July 18, 2023
Workforce, Classification, Health care, Income tax, EBITA, Capital punishment, Omnicom Group, Acquisition, Investment, Precision marketing, United Kingdom, CNN International Europe/Middle East/Africa, Support, Advertising media selection, Commerce, Reinsurance, Video game, Pharmaceutical industry, Bank, Cryptocurrency

NEW YORK, July 18, 2023 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced results for the quarter ended June 30, 2023.

Key Points: 
  • Operating expenses increased $33.6 million, or 1.1%, to $3,059.2 million in the second quarter of 2023 compared to the second quarter of 2022.
  • Operating income increased $9.1 million, or 1.7%, to $550.7 million in the second quarter of 2023 compared to the second quarter of 2022.
  • Our effective tax rate of 27.0% in the second quarter of 2023 increased from 26.5% in the second quarter of 2022.
  • Net Income – Omnicom Group Inc. and Diluted Net Income per Share
    Net income - Omnicom Group Inc. for the second quarter of 2023 increased $17.9 million, or 5.1%, to $366.3 million compared to the second quarter of 2022.