Acquisitions, Endowments and PR Awards in Cannes
This the season of acquisitions it seems – Lewis PR bought the Davies Murphy Group, and Ketchum bought a leading German PR agency as Omnicom continues to roll up agencies. Odd time for agencies to sell as those who are now on the back end of a global recession can now grow over the next few years. 5WPR ain’t on the acquisition block we have never been more excited about the future.
Major endowment of $3 million has been made to The USC Annenberg School for Communication and Journalism for the growth of their work in Strategic Public Relations and Business Communication. The PR business continues to grow – and it’s great to see leading universities expand their work in the PR arena. Good news for all of us in PR and great news for USC.
Further proof that PR has moved and will stay in the boardroom? Headline financial news reported that a leading government PR employee left to join Sard Verbinnen & Co, the PR agency representing Steven A. Cohen’s SAC Capital. Communication matters – and the industry deserves an even higher profile.
Have eagerly followed news regarding The 2013 PR Lions– and all the good it does for the Public Relations industry. Cannes – incidentally one of my favorite cities in the world – is the place where this event is held of course, during the Palais des Festivals. And while the larger event has taken place for the last 60 years, PR participation is now in its 5th year. Always good to have more prizes for our industry.