Publicis Explained

Publicis Groupe S.A.
Type:French: [[S.A. (corporation)|Société Anonyme]]
Traded As:
CAC 40 Component
Area Served:Worldwide
Key People:Arthur Sadoun[1]
Founder:Marcel Bleustein-Blanchet
Industry:Advertising
Public relations
Products:Branding & identity
Marketing
Market research
Public relations
Revenue: €10.788 billion (2020)[2]
Assets: €30.161 billion (2020)[3]
Operating Income: €983 million (2020)
Net Income: €576 million (2020)
Equity: €7.160 billion (2020)
Num Employees: 75,588 (Half of 2020)[4]
Location:Paris, France
Homepage:Publicis GroupeNurun

Publicis Groupe is a French multinational advertising and public relations company. One of the oldest and largest (by revenue) marketing and communications companies in the world, it is headquartered in Paris.

After 1945, the little-known Paris-based advertising agency grew rapidly, becoming the world's fourth-largest agency. It was a leader in promoting France's post-war economic boom, especially the expansion of the advertising industry; it was successful because of its close ties with top officials of the French government, its clever use of symbols to promote itself, and its ability to attract clients from widely diverse growing industries.[5]

It is one of the "Big Four" agency companies, alongside WPP, Interpublic and Omnicom.[6] Publicis Groupe S.A. is headed by Arthur Sadoun, and its agencies provide digital and traditional advertising, media services and marketing services (SAMS) to national and multinational clients.

History

The company was founded by 20 year old Marcel Bleustein-Blanchet in 1926.[7]

In 2011, Publicis was named the third-largest marketing group worldwide by revenue, surpassing Interpublic.[8] By the end of 2010, the twin sectors of digital activities and high-growth emerging countries represented one-half of Publicis Groupe's total revenue.

The group had operations in over 202 cities in 105 countries, including a strategic alliance with Dentsu.

In July 2012 it was announced that Publicis Groupe and Omnicom Group would merge to form Publicis Omnicom Group, but by May 2014 it was announced that the deal had fallen through and the Publicis-Omnicom merger would not happen.[9] [10]

In February 2015, Publicis acquired Sapient Corporation to form Publicis.Sapient as the world's largest digital network, which at the time included SapientNitro, Sapient Consulting, the community, DigitasLBI and RazorfishGlobal.[11]

In September 2015 The Publicis Groupe acquired the South African marketing, promotions and activations agency The Creative Counsel. The acquisition was reported as the largest agency buyout ever to happen in South Africa, with an unconfirmed valuation of between R1bn and R1.5bn.[12] [13] [14]

In December 2015, Publicis announced a new organisation with four main divisions:[15]

In addition, in January 2016, Laura Desmond became Chief Revenue Officer.[16] [17]

Since 2016, Publicis has co-organised, with Groupe Les Echos, the annual technology conference, Viva Technology.[18]

In 2017, CEO Maurice Lévy replaced Elisabeth Badinter (Bleustein-Blanchet's daughter) as chairman of the supervisory board and was succeeded as CEO by Arthur Sadoun.

On 21 January 2019, Publicis announced the deal to sell two of their Latinamerican agencies, NovaDigitas and Pixeldigital to BancroftX to form a new marketing firm under the group umbrella BancroftX.[19]

On 14 April 2019, Publicis announced a $4.4 billion deal to acquire data marketing firm Epsilon.[20]

On 4 February 2020, Publicis Groupe India announced the merging of existing agencies – Arc Worldwide, Solutions and Ecosys OOH, to create 'Publicis In-Motion'.[21] In January 2014, Publicis acquired Law & Kenneth, an Indian advertising and digital agency.[22]

On 3 May 2022 French advertising holding company Publicis Groupe acquired Profitero, an e-commerce software company that provides analytics for brands, as marketer clients are increasingly seeking services in commerce.[23]

In September 2022 Publicis Groupe brings home Vietnam's only Effie Award in 2022 with ‘Keep Stories Alive’.[24]

On 5 June 2023, Publicis Groupe announced the acquisition of Corra, an ecommerce leader recognized by Adobe as one of the top commerce firms in North America.[25] [26]

Operations

The company owns several full-service advertising groups that undertake a range of media activities: mobile and interactive online communication, television, magazines & newspapers, cinema and radio, and outdoor. The company's SAMS services include direct marketing/customer relationship management services, sales promotion, healthcare communications, multicultural and ethnic communications, corporate and financial communications, human resource infrastructure, public relations, design services, interactive communications, events marketing and management, sports marketing, and production and pre-press services.[27] Its media services include media planning, media buying, and media sales. Publicis Groupe's Vivaki[28] developed a technological platform supported by Microsoft, Google, Yahoo! and AOL Platform A technologies that offer advertisers the possibility to target specifically defined audiences in a single campaign across multiple networks.

Controversies

See also: Public executions in Saudi Arabia and Capital punishment in Saudi Arabia. Qorvis, a U.S. subsidiary of Publicis, has represented the country of Saudi Arabia since the September 11 attacks and has been accused of helping to whitewash its record on human rights.[29] [30] More recently, the writer Ken Klippenstein obtained leaked documents from Qorvis, which show the PR company pitched a private company on a four to five minute propaganda video, which hoped to improve the reputation of its Homestead, Florida shelter for "unaccompanied alien children".[31] [32]

Subsidiaries

As of October 2015, the main subsidiary companies of this group are:[33]

PublicisLive

PublicisLive is a global event management and strategic communication firm founded in 1995 and has offices in Abu Dhabi, Dubai, Geneva, Istanbul, Kigali and Paris. PublicisLive is part of Publicis Groupe.

Further reading

Notes and References

  1. Web site: Publicis Groupe. .
  2. http://documents.publicisgroupe.com/resultats2020/PREZ-FY-2020_Conso-V-MISE-EN-LIGNE.pdf FY 2020 Results
  3. Web site: PUB.FR | Publicis Groupe S.A. Annual Balance Sheet – WSJ .
  4. Web site: Publicis Groupe. .
  5. Clark Hultquist, "Publicis and the French advertising world, 1946--1968" Essays in Economic & Business History (2009) 27: 61-76.
  6. News: Advertising's Big Four: It's Their World Now. Elliott, Stuart. The New York Times. 31 March 2002. 3 October 2017.
  7. News: Omnicom and Publicis merger creates communications giant. The Guardian. 28 July 2013. Garside, Juliette. 3 October 2017.
  8. Web site: Brand Republic.. WPP overtakes Omnicom as biggest marketing group. 12 April 2011.
  9. News: Leo Burnett parent in huge ad merger deal. Channick, Robert. The Chicago Tribune. 28 July 2013. 3 October 2017.
  10. News: At Odds, Omnicom and Publicis End Merger. Celles, David. The New York Times. 8 May 2014. 3 October 2017.
  11. Web site: SapientRazorfish Lays Off 100 in U.S. as Publicis Prepares to Retire the Brand, Sources Say . adweek.com . 2018-07-12 . 2019-01-17.
  12. Web site: Publicis Gets Creative. pressreader. Financial Mail. 4 February 2021 . 11 September 2015.
  13. Web site: Publicis Africa Group buys Creative Counsel in record deal. marklives.com. 4 February 2021 . 10 September 2015.
  14. Web site: Publicis Groupe acquires The Creative Counsel. themediaonline.co.za. 4 February 2021 . 10 September 2015.
  15. Web site: Publicis Groupe Unveils Major Restructuring Plan for 2016 . adweek.com . 2015-12-02 . 2019-01-14.
  16. Web site: 2016-10-27 . Publicis Groupe Announces Chief Revenue Officer Laura Desmond's Resignation . 2024-07-11 . Yahoo Finance . en-US.
  17. Web site: Publicis Groupe Transformation DEF. 2 December 2015.
  18. Web site: Viva Technology. 2019-12-17.
  19. Web site: BANCROFTx' buys Publicis Latam agencies: deal non-discloused. Margaret. Bloomberg. 2019-01-21. bancroftx.com. 2019-02-17.
  20. Web site: Publicis' $4.4 billion acquisition of Epsilon: analysts skeptical. Graham. Megan. 2019-04-15. cnbc.com. 2019-04-17.
  21. Web site: Publicis Groupe merges two agencies to create Publicis In-Motion. Tewari. Saumya. 2020-02-04. livemint.com. en. 2020-02-04.
  22. News: Nair Ghaswalla . Amrita . Publicis Groupe acquires Law & Kenneth . . 30 January 2014.
  23. News: Graham . Megan . 2022-05-03 . Publicis Groupe Acquires E-Commerce Software Company Profitero . en-US . The Wall Street Journal . 2022-05-13 . 0099-9660.
  24. Web site: 2023-02-08 . Publicis Groupe slashes office space in Chicago . 2023-02-27 . Ad Age . en.
  25. Web site: Publicis Groupe . 2023-06-05 . www.publicisgroupe.com . en.
  26. Web site: 2023-06-05 . Publicis Sapient, Publicis Groupe's Digital Business Transformation Company, Announces Acquisition of Corra to Further Cement Leadership in the Adobe Implementation Space in North America . 2023-06-05 . Corra . en-US.
  27. http://www.adaan.com/pdf/History-of-Digital-Prepress.pdf History of Digital Pre-Press Services
  28. Web site: About – VivaKi. 3 October 2017. https://web.archive.org/web/20161023121315/http://www.vivaki.com/about. 23 October 2016. dead.
  29. News: Green. Chris. PR firm accused of helping Saudi Arabia 'whitewash' its human rights record. 3 October 2017. The Independent. 17 March 2016.
  30. Web site: Supplemental Statement Pursuant to the Foreign Agents Registration Act of 1938. fara.gov. Foreign Agents Registration Act. 3 October 2017. 12. 5 April 2015.
  31. Web site: Saudi-Linked Lobby Group Pitched Film to Humanize Child Detention Camp. Inc. The Young Turks. TYT Network. 6 September 2019 . en. 2019-09-19.
  32. Web site: Guess We'll Never Get To See 'Baby Jails: The Movie' Now. 9 September 2019 . Wonkette.
  33. Web site: Publicis Groupe Our Brands. PublicisGroupe.com. 3 October 2017.
  34. Web site: Publicis Groupe. Publicis. Groupe.
  35. Publicis Groupe Acquires Rokkan, a Leading US Digital Agency.
  36. Web site: 3-SHARE – Adobe Experience Manager Experts. 3sharecorp.com. 3 October 2017.
  37. News: Publicis Groupe Acquires 3Share, Adobe Digital Marketing Experts. Groupe. Publicis. GlobeNewswire News Room. en-US. 3 October 2017.
  38. Web site: Rosetta is an Agency Focused on Customer Engagement. Rosetta. 3 October 2017.
  39. Web site: Publicis Groupe. Publicis. Groupe.
  40. Web site: 2019 Publicis Annual financial report – Fully consolidated companies – Page 247. Publicis Groupe. 4 February 2021 . 2019.