Stagwell

Weekly Recap: 13 Press Releases You Might Have Missed

Retrieved on: 
Friday, May 3, 2024

NEW YORK, May 3, 2024 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed.

Key Points: 
  • NEW YORK, May 3, 2024 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire.
  • To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed.
  • Click on the press release headlines to access accompanying multimedia assets that are available for download.
  • These are just a few of the recent press releases that consumers and the media should know about.

STAGWELL (STGW) ACQUIRES MONTREAL-BASED LUXINE RELATIONS PUBLIQUES

Retrieved on: 
Thursday, May 2, 2024

MONTREAL and TORONTO, May 2, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has acquired Montreal-based Luxine Relations Publiques, a full-service PR and Influencer Marketing agency.  Luxine joins Veritas Communications (Veritas) as the next step in its ambitious growth strategy to focus on local markets across Canada. Caroline Dubé, Luxine's industry-leading founder, has been appointed Senior Vice President & Head of LuxineVeritas, and joins the Veritas Executive Leadership Team.

Key Points: 
  • MONTREAL and TORONTO, May 2, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has acquired Montreal-based Luxine Relations Publiques, a full-service PR and Influencer Marketing agency.
  • Luxine joins Veritas Communications (Veritas) as the next step in its ambitious growth strategy to focus on local markets across Canada.
  • Caroline Dubé, Luxine's industry-leading founder, has been appointed Senior Vice President & Head of LuxineVeritas, and joins the Veritas Executive Leadership Team.
  • "Luxine and Dubé bring Stagwell unparalleled market insight and a singular ability to break through and influence outcomes.

STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2024

Retrieved on: 
Wednesday, May 1, 2024

In addition to its reported results, Stagwell Inc. has included in this earnings release certain financial results that the Securities and Exchange Commission (SEC) defines as "non-GAAP Financial Measures."

Key Points: 
  • In addition to its reported results, Stagwell Inc. has included in this earnings release certain financial results that the Securities and Exchange Commission (SEC) defines as "non-GAAP Financial Measures."
  • Management believes that such non-GAAP financial measures, when read in conjunction with the Company's reported results, can provide useful supplemental information for investors analyzing period to period comparisons of the Company's results.
  • (2) Net New Business: Estimate of annualized revenue for new wins less annualized revenue for losses incurred in the period.
  • Included in this earnings release are tables reconciling reported Stagwell Inc. results to arrive at certain of these non-GAAP financial measures.

Stagwell Announces 'Future of News' Summit on May 15 Featuring Trailblazing Panelist Discussions and 50,000-Respondent Study Revealing the Importance of Investing in News

Retrieved on: 
Tuesday, April 30, 2024

NEW YORK, April 30, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW) today announced the speakers for its inaugural Future of News summit on May 15, 2024 which will be held at Stagwell's global headquarters at One World Trade Center in New York.

Key Points: 
  • Stagwell announces speakers for inaugural Future of News summit on May 15 at its global headquarters in New York.
  • Together, the council will launch a transformative platform to challenge the advertising industry to reinvest in news.
  • "According to our prior research , 90% of voters think the country should have freedom of the press, and yet news monetization is increasingly under attack.
  • Live at the summit we'll bring both brand and publisher partners together to discuss ways to navigate this climate and maintain consumer trust."

Stagwell (STGW) Releases Annual Report for 2023: Growing Market Share and Evolving for the Frontiers of Marketing

Retrieved on: 
Monday, April 29, 2024

NEW YORK, April 29, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW) released its 2023 Annual Report, highlighting investments in artificial intelligence, immersive experiences for brands, strategic acquisitions, and an expanding global footprint that drove company visibility and market share.

Key Points: 
  • NEW YORK, April 29, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW) released its 2023 Annual Report, highlighting investments in artificial intelligence, immersive experiences for brands, strategic acquisitions, and an expanding global footprint that drove company visibility and market share.
  • Download the full report here .
  • Stagwell spotlights its focus on AI and immersive experiences in 2023 Annual Report.
  • "We believe we are evolving into the marketing frontiers company – the partner of choice for global businesses seeking to transform digital consumer experiences to fuel better business outcomes," said Penn.

APRIL HARVARD CAPS / HARRIS POLL: TRUMP LEADS BIDEN BY 4 POINTS AS IMMIGRATION AND INFLATION REMAIN TOP CONCERNS

Retrieved on: 
Monday, April 29, 2024

NEW YORK and CAMBRIDGE, Mass., April 29, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW) today released the results of the April Harvard CAPS / Harris poll, a monthly collaboration between the Center for American Political Studies at Harvard (CAPS) and the Harris Poll and HarrisX.

Key Points: 
  • President Joe Biden's overall approval rating is steady at 44%, while Donald Trump leads the horse race by 4 points.
  • "Despite legal and age issues, voters care most about how well Biden and Trump performed as president and on that measure, right now they favor Trump."
  • The April Harvard CAPS / Harris poll survey was conducted online within the United States on April 24-25, 2024, among 1,961 registered voters by The Harris Poll and HarrisX.
  • Follow the Harvard CAPS Harris Poll podcast at https://www.markpennpolls.com/ or on iHeart Radio, Apple Podcasts, Spotify, and other podcast platforms.

Stagwell Adds Indonesia-based Media, Creative, and Technology Agency Leverate Group to Global Affiliate Program

Retrieved on: 
Tuesday, April 23, 2024

Founded in 2015, Leverate Group is known for delivering bespoke strategies encompassing media, creativity, and technology.

Key Points: 
  • Founded in 2015, Leverate Group is known for delivering bespoke strategies encompassing media, creativity, and technology.
  • "At Leverate Group, we have a track record of implementing successful campaigns infused with global knowledge, backed by data-driven insight.
  • We look forward to collaborating closely with Stagwell to help clients transform for a digital-driven economy," said Marlina Lim, Chief Executive Officer for Leverate Group.
  • Stagwell's Global Affiliate Program powers agile global solutions for clients, allowing Stagwell to partner with regional experts to scale marketing capabilities to new regions.

Stagwell (STGW) Announces May Investor Conferences at Needham, J.P. Morgan, and B. Riley Securities

Retrieved on: 
Monday, April 22, 2024

NEW YORK, April 22, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced management will participate in three upcoming investor conferences throughout May 2024.

Key Points: 
  • NEW YORK, April 22, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced management will participate in three upcoming investor conferences throughout May 2024.
  • Needham Technology, Media & Consumer Conference: Chief Investment Officer Jason Reid will participate in a "Future of Advertising" panel on May 15, 2024, at 12:45pm ET, and be available for 1x1 investor meetings.
  • B. Riley Securities 24th Annual Institutional Investor Conference: Head of Investor Relations Ben Allanson will attend on May 22, 2024, and be available for 1x1 investor meetings.
  • Visit this page to view upcoming investor events and programming from Stagwell.

STAGWELL LAUNCHES LONDON HUB TO SUPPORT EUROPEAN EXPANSION

Retrieved on: 
Thursday, April 18, 2024

LONDON, April 18, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today celebrates the grand opening of its EMEA headquarters situated in London's Blue Fin Building in the vibrant South Bank neighborhood.

Key Points: 
  • This milestone closely follows the company's FY 2023 earnings report, which saw Stagwell's EMEA agencies leading growth, with a 17% year-over-year net revenue increase.
  • "The collective strength of our 20 multidisciplinary European agencies – brought together at the Blue Fin building – underscores Stagwell's investment in European growth.
  • Stagwell has already made two European acquisitions in Q1 2024.
  • This gives us confidence that we can help clients transform and win on an ongoing basis," said James Townsend, CEO of Stagwell EMEA.

STAGWELL LAUNCHES LONDON HUB TO SUPPORT EUROPEAN EXPANSION

Retrieved on: 
Thursday, April 18, 2024

LONDON, April 18, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today celebrates the grand opening of its EMEA headquarters situated in London's Blue Fin Building in the vibrant South Bank neighborhood.

Key Points: 
  • This milestone closely follows the company's FY 2023 earnings report, which saw Stagwell's EMEA agencies leading growth, with a 17% year-over-year net revenue increase.
  • "The collective strength of our 20 multidisciplinary European agencies – brought together at the Blue Fin building – underscores Stagwell's investment in European growth.
  • Stagwell has already made two European acquisitions in Q1 2024.
  • This gives us confidence that we can help clients transform and win on an ongoing basis," said James Townsend, CEO of Stagwell EMEA.