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The Interpublic Group of Companies, Inc. (IPG) (NYSE: IPG) is one of the big four global advertising holding companies (the others being Omnicom, WPP and Publicis). It is headquartered in New York City and is the parent company of Universal McCann media agency and McCann-Erickson, one of the largest agency networks in the world.

IPG was created in 1960 as the first marketing services management holding company, with McCann-Erickson and McCann-Marschalk as its two subsidiaries. Since then, it has grown tremendously, with over 185 companies purchased in a two-year span from 1999 to 2001. Comparisons have been made to AOL Time Warner, as both are media conglomerates that have trouble managing their holdings. The advertising firm Campbell-Ewald is also a subsidiary of IPG.

In 2002, IPG suffered a precipitous drop in its stock price and reputation in an accounting scandal that was an epidemic among American companies (such as Enron, WorldCom, Tyco, and Adelphia) during that period. As of August 1, 2007 (taking into account stock splits), IPG's stock was selling at approximately the same price it was on August 1, 1992[1].

Interpublic in April 2007 announced its first acquisition since 2004: It agreed to buy Reprise Media, a search engine marketing firm. Reprise was to remain a stand-alone unit as part of Interpublic's Futures Marketing Group. Reprise had offices in New York, Boston and San Francisco.

Interpublic, working to simply its structure after its overload of deals in the '90s and early this decade, did not complete any acquisitions in 2005 and 2006. It disposed of 51 businesses in 2005 and 2006, primarily outside the U.S. Specifically, Interpublic said it exited 23 "loss-making international affiliates" in 2006.

Two U.S. ad agencies--Stein rogan partners, New York, and Howard, Merrell & Partners, Raleigh, N.C.--bought themselves back from Interpublic in 2006. GlobalHue, a U.S. multicultural agency, in 2006 bought back the 49% stake owned by Interpublic. [2]

Michael Roth is the current IPG Chief Executive Officer. As of a December 11th, 2006 Adweek interview, Michael Roth is 61 years of age.

Some companies bought or owned by Interpublic

References

1. ^ [1]
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New York Stock Exchange (NYSE), nicknamed the "Big Board", is a New York City-based stock exchange. It is the largest stock exchange in the world by dollar volume and, with 2,764 listed securities[1], has the second most securities of all stock exchanges.
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Omnicom Group (NYSE:  OMC ) is the world's largest advertising agency holding company in terms of revenue (and one of the big six advertising holding companies with seat in New York City; the others companies are WPP Group plc, Interpublic, Publicis, Dentsu and Havas).
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WPP Group

Public
(LSE:  WPP )
(NASDAQ:  WPPGY )
Founded 1985 (acquired by Sorrell)
Headquarters London, England, UK

Key people Martin Sorrell (founder)
Paul Richardson
Howard Paster
Marie Capes
Mark Read
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Publicis Groupe (Euronext: PUB , NYSE:  PUB ) is a French multinational advertising and communications company. It is one of the big four global advertising holding companies (the others being Omnicom, Interpublic and WPP). Its current president is Maurice Lévy.
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Media agencies work with their clients to understand the business issues, their markets and their consumers.
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McCann Erickson is a global advertising agency network, with offices in over 130 countries and almost eight decades of multinational experience . McCann is a subsidiary of the Interpublic Group of Companies
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Time Warner Inc.

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Founded Merger between Time Inc. and Warner Communications (1990); subsequently purchased by AOL (2001)
Headquarters New York City, New York (incorporated in Wilmington, Delaware) [1]

Key people Richard D.
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Campbell-Ewald is an American advertising agency. Founded in 1911 by Frank Campbell and Henry Ewald, Campbell-Ewald is the 6th largest agency in the country, with almost $2 billion in annual billings. They currently have over 40 clients.
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In financial markets, the stock capital of a corporation or a joint-stock company is the capital raised through the issuance, sale and distribution of shares. A person or organization that holds at least a partial share of stock is called a shareholder.
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Accounting scandals, or corporate accounting scandals are political and business scandals which arise with the disclosure of misdeeds by trusted executives of large public corporations.
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Enron Creditors Recovery Corporation

Defunct / Asset-less Shell
Founded Omaha, Nebraska, 1985
Headquarters Houston, Texas, USA

Key people Kenneth Lay, Founder, former Chairman and CEO
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Worldcom may refer to:
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Adelphia Communications Corporation

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Key people William T. Schleyer, Chairman and CEO
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Vanessa Wittman, EVP and CFO
Industry Telecommunications
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Stein Rogan + Partners

Private
Founded 1985
Headquarters New York, NY

Key people Tom Stein Founder & CEO
Industry Marketing
Employees 40
Website www.steinrogan.
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Michael Roth (born February 15, 1962) is a former West German handball player who competed in the 1984 Summer Olympics.
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Adweek is a weekly American advertising trade publication.

First published in 1978, Adweek covers creativity, client/agency relationships, global advertising, accounts in review, and new campaigns.
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TM Advertising is a full-service Dallas-area agency with offices in Austin, Houston, New Orleans and Toronto, one of the largest full-service agencies in the US Southwest. The agency has an interactive group called t:m interactive, which now accounts for about 25% of TM's revenue.
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Draftfcb is a global advertising agency network. It is owned by Interpublic Group and was formed by the 2006 merger of Foote, Cone & Belding (FCB) and Draft.

Founded in Chicago in 1873, FCB was the world's third oldest advertising agency.
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All American Television (aka All American Communications) was a television syndication company active from 1981 to 1997. It was founded by Anthony J. Scotti, Ben Scotti, and Joseph E. Kovacs.
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