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The Interpublic Group (IPG) is a global leader in advertising, marketing communications, and data-driven solutions. This page provides investors and professionals with direct access to IPG's official news flow, including strategic initiatives, financial disclosures, and operational developments.
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MAGNA, part of IPG Mediabrands, will host its third annual Equity Upfront™ from February 7-9, 2023, in New York City. The theme is Maximizing for Optimal Outcomes, focusing on diversely-owned media partners. This hybrid event highlights collaborations with Asian American, Hispanic, Black, and LGBTQIA+ media companies. Participants include Urban One and Canela Media, with notable speakers like Sherri Shepherd and Ice Cube. IPG Mediabrands is committed to driving equity in the media landscape, aiming to connect diverse media partners with clients.
LiveRamp (NYSE: RAMP) has launched a new partner solution for AWS Clean Rooms. This integration allows users to employ LiveRamp's identity resolution capabilities in conjunction with AWS Clean Rooms, enhancing data collaboration for better customer intelligence. The solution includes an embedded transcoder and identity resolution technology, which enables businesses to connect first- and second-party data sources. LiveRamp aims to provide secure data collaboration, ensuring the protection of consumer information while improving audience insights and marketing outcomes.
Interpublic Group (IPG) has appointed Jeriad Zoghby as the new Chief Commerce Strategy Officer, effective immediately. Zoghby joins from Accenture, where he led omni-channel commerce strategies. His role will focus on enhancing IPG's commerce strategies and identifying growth opportunities within their portfolio. The move is part of IPG's broader investment in commerce solutions, following the acquisition of RafterOne, a multi-cloud commerce provider. CEO Philippe Krakowsky emphasized the need for businesses to adapt to changing consumer preferences and the importance of performance-driven campaigns.
Interpublic Group (IPG) has appointed Urvashi Shivdasani as the new Global Chief Financial Officer for Huge, reporting to Mat Baxter. With over 20 years of experience, including leadership roles at Ralph Lauren and Discovery Communications, she will oversee Huge’s commercial strategy and financial operations. Huge is undergoing a transformation to become a Creative Growth Acceleration company, focusing on sustainable growth and operational optimization. Shivdasani's expertise is expected to enhance the new business model centered around innovative products and services, aimed at delivering concrete business outcomes.
LiveRamp (NYSE: RAMP) announced that its fiscal 2023 third quarter earnings will be released on February 7, 2023, after market close. A conference call is scheduled for 1:30 p.m. PT to discuss the results. Interested parties can register for the call via a provided link and access a live webcast through the Investor Relations website. LiveRamp is a leading global data enablement platform, offering solutions that empower businesses to connect, control, and activate data for enhanced customer experiences.
On January 24, 2023, Primis announced the renewal of an exclusivity partnership with GAMURS Group, a leader in gaming and esports media. This collaboration, ongoing since 2020, has led to GAMURS Group's significant growth, tripling its size and doubling its publications in 2022. GAMURS engages over 62 million monthly active users across its platforms. Primis provides video discovery solutions aimed at increasing revenue for digital publishers. The global esports market is projected to grow at a CAGR of 21.9% through 2030, highlighting the potential for further growth in this partnership.
Interpublic Group (NYSE: IPG) announced its fourth quarter and full year earnings release for 2022, scheduled for February 9, 2023. The company will hold a conference call at 8:30 a.m. ET to discuss the results, with a participant passcode of 7529129. The call can be accessed globally through designated phone numbers and will be available live on the company’s website. Interpublic, a leading provider of marketing solutions, reported total revenue of $10.24 billion in 2021. The company is known for its global brands, including McCann and Weber Shandwick.
LiveRamp announced an increase in its share repurchase authorization by $100 million, bringing the total to $1.1 billion, extended to December 31, 2024. The company has repurchased $150 million of stock in the fiscal year-to-date, with $50 million in Q3 2023, leaving approximately $215 million available for future buybacks. Since launching its program, LiveRamp has returned around $1.4 billion to shareholders, demonstrating its commitment to enhancing shareholder value.