WPP merges PR giants BCW and Hill & Knowlton into revamped Burson
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One other massive WPP merger iis taking place: PR giants BCW and Hill & Knowlton are merging beneath the Burson banner (BCW itself is a merger of Burson-Marsteller and Hollywoods’ Cohn & Wolfe.)
WPP says the merged company can be an “industry-leading, full-service communications company targeted on constructing and defending fame.”
BCW CEO Corey duBrowa (above) has been named international CEO of Burson and AnnaMaria DeSalva, presently international chairman and CEO of Hill & Knowlton, has been named international chairman of Burson. Burson can be operational from July 1 2024. The newly- fashioned Burson may have greater than 6,000 staff in 43 markets worldwide.
CEO duBrowa says: “Harold Burson believed strongly that actions are stronger than phrases, and he established honesty, transparency, integrity and excellence because the guiding ideas of his enterprise. These ideas are the foundational beliefs of Burson, upon which we are going to set the bar for contemporary communications via our AI-first innovation pipeline.
“Collectively as Burson, we are going to convey insights, knowledgeable strategic counsel and expertise options into the next worth providing for our shoppers to assist them innovate and lead in immediately’s advanced working setting.”
WPP CEO Mark Learn says:: “Hill & Knowlton and BCW are two high-performing companies with complementary strengths, shared ambitions and plenty of shared shoppers. I’m delighted to see the Burson model introduced again to unite them. The brand new company would be the commonplace bearer as essentially the most trendy, strategic, technology-driven, full-service communications supply within the {industry}.”
The transfer echoes WPP merging all its artistic businesses into VML, obliterating JWT, Y&R and Wunderman, manufacturers which, again within the day, value the corporate billions. Are WPP’s gaggle of media businesses, the most important contributor to income, the subsequent to be merged into one large media company alongside VML and Burson?
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