Adotas

Where media buyers start online







News

Dentsu To Buy McGarry Bowen

Written on
Nov 12, 2008 
Author
Kathleen  |
Share
Dentsu To Buy McGarry Bowen

handshake3.jpgADOTAS – Japanese ad player Dentsu announced that it’s planning to snap up indie ad boutique McGarry Bowen. McGarry Bowen’s clients include J.P. Morgan Chase and Hewlett-Packard. The ad firm had roughly $57 million in revenue last year, according to The Wall Street Journal.

The buy is coming at an odd time, with a significant downturn in the U.S. ad market being forecast for next year (predictions have been as dire as 40% cuts). Still, Dentsu aims to rake in 30% of its revenue in North America by 2010, the Journal reports.

Dentsu recently named Tim Andree CEO of Dentsu America, a newly created position.





Reader Comments.

No comments yet

Leave a Comment

Add a comment

Tags: , , , , , , and
Article Sponsor

More News



  • Right now, at the beginning of 2012, what are you watching the most closely for its ad and marketing opportunities?

    View Results

    Loading ... Loading ...

Latest News

News Archive

Spotlight

Sponsormob Leads the Way Into RTB for MobileADOTAS – For more than half a decade, Berlin-based tech firm Sponsormob has remained relevant in an industry characterized by [...] more...



Adotas Partnership