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Sarah Arvizo

pr@stagwellglobal.com 



NEW YORK, May 2, 2023 /PRNewswire/ — Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, released its 2022 Annual Report, highlighting six consecutive quarters of double-digit growth powered by digital acceleration across core segments of Stagwell’s business, and a record year of net new business and account expansions with blue-chip global clients in every sector. Download the report here.

“Our growth is a reflection of our guiding thesis that every company needs to be a digital marketing company, or risk getting left behind, and nearly two years after our inception, we’re leading the world’s most notable brands through the global transition into the digital economy,” said Stagwell Chairman and CEO Mark Penn. “This forward-looking approach has allowed us to innovate for the future with game-changing augmented reality (AR) and artificial intelligence (AI) products. We continue to grow and transform our business and the industry; looking ahead, we expect more growth, innovation, and an expanded market share.” 

Drivers of Growth in 2022

Penn’s annual CEO letter discusses Stagwell’s 2022 financial performance driven by:

  • Digital acceleration: Stagwell is the only global marketing network with a majority-digital revenue services mix, with 57% of FY22 revenue hailing from “high-growth digital services” including digital transformation (up 33% in 2022), performance media and data (up 18% in 2022), and consumer insights and strategy (up 32%).
  • Maturing into a truly global network: With expansion through strategic acquisitions, the opening of regional hubs and offices in Asia-Pacific and Latin America, and partnerships with affiliates to fill regional gaps, Stagwell’s scaled operations resulted in FY22 international revenue that grew twice as fast as domestic revenue. 
  • Full-network integrated services: Further alignment of Stagwell’s core integrated services networks – the Anomaly Alliance, Brand Performance Network, Constellation, Code and Theory Network, and the Doner Partners Network – enabled collaboration between agencies, each leveraging complementary capabilities to win larger pieces of business and service more complex accounts.
  • Prudent financial management: Controlled labor costs, the benefits of the even-year advocacy cycle, and a reduced comp-to-net revenue ratio resulted in $270M of free cash flow, driving Stagwell’s debt ratio down significantly below the previous target of 2.5x to 2.17x Adjusted EBITDA.  

Looking Ahead

Penn also discusses advancements in the Stagwell Marketing Cloud (SMC), the company’s proprietary suite of SaaS solutions powering research, communications, and media activation for in-house marketers. With investments in the frontiers of marketing technology, including the development of original products fueling augmented reality and artificial intelligence, Stagwell sees SMC as a key part of the company’s future strategy.

To read the full report, please visit Stagwell’s website. Viewers can use QR codes throughout the document to explore referenced case studies.

About Stagwell

Stagwell is the challenger network built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 13,000+ specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.

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ESPN Journalist Holly Rowe, Former Twitter Top Sports Exec TJ Adeshola to Join

NEW YORK and CANNES, France, May 2, 2023 /PRNewswire/ — Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, announced its second round of talent and brand partners joining programming at Sport Beach following the first announcement last month. The network’s flagship venue at the Cannes Lions International Festival of Creativity 2023 (Cannes Lions), Sport Beach is built for brands, platforms and athletes to tap into the cultural zeitgeist of sport and explore the power of fandom.



Sport Beach partners will lead conversations to advance important topics across entrepreneurship, equity, emerging technology, community building, creativity in sport, and more, as well as participate in a number of formats, including:

  • Morning workouts
  • Pickleball tournament
  • Coaching
  • Pickup games
  • Product integration
  • Live interviews 

Athletes

  • Carmelo Anthony (basketball) – 10-time NBA All-Star, entrepreneur and philanthropist, Carmelo Anthony has led a storied career as a three-time Olympic gold medalist and number nine on the NBA’s all-time scoring list. Anthony’s incredible career has continued to pave the way for his many other business ventures and philanthropic efforts including his wine estate brand VII(N)-The Seventh Estate, production company Creative 7, lifestyle brand STAYME7O, as well as his work as the co-founder of The Social Change Fund which aims to support and invest in critical and timely issues that impact the Black community.
  • Marko Cheseto (marathon) – Marko is a Kenyan All-American athlete in track and field and cross country running. In 2019, he set a world record for a marathon by a double amputee.  Then he turned around and beat it in 2021. He is also the founder of the Alaskena Academy, a school in his hometown in Kapenguria, Kenya. The school is a home to 167 students and serves as a youth empowerment center. He currently lives in Orlando, Fla.
  • Mack Hollins (football) – Mack is an NFL wide receiver who recently joined the Atlanta Falcons, and previously played with the Las Vegas Raiders, Miami Dolphins and Philadelphia Eagles, including being a major part of the Eagles Super Bowl Championship team in 2018. He started “Mack Book Mondays” and “Fast Fact Fridays” to help drive accessibility to education, especially in underserved populations. A passionate advocate for inclusion, he was named a Special Olympics “Global Ambassador” in 2020.
  • Vanita Krouch (flag football) ­ Vanita Krouch is a 2022 member of the U.S. Women’s Flag National Team. She has been a member of the national team since 2016, winning gold at the IFAF World Championships in 2018 and 2021 as starting quarterback and team captain. She was recently featured in in the NFL’s Super Bowl LVII advertisement, “Run With It,” the top 2 rated commercial by 2023 USA Today AdMeter.
  • Brandon Marshall (football) – A top wide receiver in the NFL for 12 years, he is redefining what is means to be an athlete as the creator of the wildly successful podcast, I Am Athlete (IAA), which tackles essential and controversial topics around sports, culture, and society. Marshall is also the founder and CEO of lifestyle wellness brand, House of Athlete and HOA+, through which he continues to serve his community by raising awareness and providing access to mental and physical health resources.
  • Paul and Mike Rabil (lacrosse)  Paul Rabil is a former professional lacrosse player and considered one of the best lacrosse players of all time. With his brother and Co-Founder Mike, the Rabils started the Premier Lacrosse League (PLL). Over four years, they built a league, established a network partnership with ESPN, and struck deals with corporate partners that include Ticketmaster, Cash App, Adidas, BOSE, Progressive Insurance, Champion, Gatorade, Michelob Ultra and more. In 2022, the Rabils were executive producers on “Fate of a Sport,” an ESPN documentary about the building of the PLL.
  • Annika Sörenstam (golf) – Often regarded as the greatest female golfer of her generation, Annika rewrote the LPGA and Ladies European Tour record books, won countless awards, and changed the way women’s golf was played, viewed, and covered during her 15-year, Hall-of-Fame career.
  • Aly Wagner (soccer) – Aly is a co-founder of the National Women’s Soccer League’s San Francisco franchise, sports broadcaster, and retired soccer midfielder who last played for Los Angeles Sol of Women’s Professional Soccer and the United States women’s national soccer team. She is a two-time Olympic gold medalist and two-time FIFA Women’s World Cup bronze medalist.
  • James Worthy (basketball) – Is a celebrated former professional basketball player who played his entire professional career with the Los Angeles Lakers. Nicknamed “Big Game James,” today he is a sports commentator, television host, analyst, and philanthropist who speaks frequently about the value of teamwork.

Brand Partners

  • Recess Pickleball – Bringing the Beach’s pickleball tournament to life – the first Recess Pickleball tournament to hit the Croisette on the French Riviera – Recess is a lifestyle brand that builds pickleball paddles that look as fun and approachable as the sport itself. Inspired by the founding partners’ elementary school roots – they used to play together at recess – Recess Pickleball was born in 2021 and brings that wholesome recess feeling to people of all ages, encouraging them to take a break, have fun, and play.
  • USA Track & Field – Based in Indianapolis, USA Track & Field is the National Governing Body for track and field, long distance running, and race walking in the United States. USATF encompasses the world’s oldest organized sports, the most-watched events of Olympic broadcasts, the number one high school and junior high school participatory sport, and more than 30 million adult runners in the United States.
  • Wilson  Chicago, USA-based Wilson Sporting Goods Co. will be the Beach’s “official ball of everything.” Wilson is the world’s leading manufacturer of high-performance sports equipment, apparel, footwear, and accessories. The company brings more than a century of innovation, history and heritage across many sports including racquet sports, baseball, softball, football, basketball, volleyball, soccer and golf. The brand also offers Wilson Sportswear inclusive of athletic lifestyle and performance apparel for all to live like an athlete.

Journalists, Commentators and Moderators

  • TJ Adeshola – Will serve as a senior advisor and moderator on the Beach. He is a leader at the intersection of tech, media, and culture. Most recently, he led the Global Media Partnerships team at Twitter, providing strategic consulting for the world’s largest media properties across sports, gaming, entertainment and news. TJ has appeared on CNBC, Good Morning America, ESPN, NBA TV, NFL Network and more.
  • Holly Rowe (ESPN) – An American sports telecaster, Rowe has worked for more than 20 years as one of ESPN’s most versatile commentators covering college basketball and football. Rowe won the 2022 Sports Emmy for Outstanding Personality/Reporter and was the 2022 recipient of the Mel Greenberg National Media Award from the Women’s Basketball Coaches Association (WBCA). She will enter the Naismith Basketball Hall of Fame as the Curt Gowdy Electronic Media Contributor for 2023, in August.

Previously announced talent and brand partners include Maria Sharapova, Allyson Felix, Spencer Dinwiddie, Erin Andrews, Axios, Diageo, Penske Media Corporation, United Airlines and more. Stagwell invites brands, athletes, sports leagues/teams, media platforms, journalists, and other interested parties who would like to partner on the ground to reach out to cannescomms@stagwellglobal.com for more information.

Sport Beach will be produced by TEAM Enterprises in partnership with Cheerful Twentyfirst. Stagwell’s 72andSunny, Anomaly, Allison+Partners, Assembly, Code and Theory, Colle McVoy, Doner, Forsman & Bodenfors, GALE, Instrument, National Research Group and Stagwell Marketing Cloud will drive the conversation.

About Stagwell
Stagwell is the challenger network built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 13,000+ specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.

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Colle McVoy is the first agency in the network to join the B Corp movement –

– Agency pledges $1 million of pro bono services to nonprofit organizations –

MINNEAPOLIS, May 1, 2023 /PRNewswire/ — As part of the challenger network built to transform marketing, Minneapolis creative agency Colle McVoy today announced its certification as a B Corporation® from B Lab™, a nonprofit network transforming the global economy to benefit all people, communities and the planet. Colle McVoy is the first agency in the Stagwell network, as well as the largest Twin Cities creative agency, to join the global B Corp movement of more than 6,500 companies using business as a force for good.

“We believe a better future means we have a responsibility to use our expertise as a force for good and that all growth should be rooted in doing what’s best for people, the planet and the communities we operate in,” said Christine Fruechte, CEO, Colle McVoy. “Colle McVoy has embraced doing good and acting purposefully for nearly 90 years. Fortifying our commitment through B Corp Certification is vital as we work to create new futures for brands in our increasingly purpose-driven and values-based economy when consumer expectations are higher than ever.”

Becoming B Corp certified is a significant milestone in the agency’s ongoing transformation to build the agency of the future. With a sustainable and inclusive business model and its environmental stewardship, the agency embodies what it takes to build brands in the new ever-changing marketing landscape and to go beyond the way things have always been done.

“B Corp certification is a codification of our inherent commitment to be better tomorrow than we are today as we work to create real change for ourselves and our partners,” said Fruechte.

As an extension of its commitment, Colle McVoy is launching a program that provides pro bono branding support to national nonprofit organizations working to create a more inclusive and sustainable economy. The agency will be donating $1 million dollars in agency resources to advance the goals of organizations. A formal submission process to the program will launch this summer.

Certified B Corporations meet high verified standards of positive social and environmental performance, accountability and transparency, and aspire to use the power of markets to address social and environmental problems. Fellow B Corp certified companies include Athleta, Cotopaxi, Seventh Generation and Vermont Creamery, to name a few. Colle McVoy has met the rigorous standards of accountability and transparency in the five key areas of governance, workers, community, environment and customers by enacting policies that reduce carbon emissions, providing fair and living wages, meeting ethical supply chain practice standards, and giving back to the community. B Corp Certification is a long-term commitment to social good and requires an ongoing commitment with recertification every three years.

About Colle McVoy 
Colle McVoy is a full-service creative agency that leads brands to their next. We combine purpose, innovation and experience in new ways to give businesses a competitive advantage. As a Certified B Corporation, we believe a better future means we have a responsibility to use our expertise as a force for good to benefit all people, communities and the planet. Our client list includes some of the world’s most recognized brands and our innovative culture has been named a Best Place to Work by Ad Age, Outside magazine and the Star Tribune. For more information, visit collemcvoy.com or follow us on LinkedIn, Instagram, Facebook and Twitter.

About B Lab 
B Lab is transforming the global economy to benefit all people, communities, and the planet. A leader in economic systems change, our global network creates standards, policies, tools, and programs for business, and we certify companies — known as B Corps — who are leading the way. To date, our community includes 500,000 workers in over 6,500 B Corps across 80 countries and 160 industries, and more than 200,000 companies manage their impact with the B Impact Assessment and the SDG Action Manager. B Lab has created and led efforts to pass over 50 corporate statutes globally that enable stakeholder governance, with over 10,000 companies using the legal framework. To learn more and join the movement, visit bcorporation.net.

CONTACT:
Jen Stack
jen.stack@collemcvoy.com

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Chairman and CEO Mark Penn, Code and Theory Network Executive Chairman Dan Gardner to Speak at Web Summit Rio

Penn to Visit Stagwell Brazil Headquarters in São Paulo for Regional Summit

RIO DE JANEIRO and SÃO PAULO, May 1, 2023 /PRNewswire/ — Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, is coming together in Latin America for several events as it reaffirms its commitment to the region and its planned investment in global expansion efforts, following the launch of Stagwell Brazil in 2022. Network leaders, including Chairman and CEO Mark Penn, will deliver presentations at the inaugural Web Summit Rio, slated to be the largest tech event in Brazil. Stagwell leaders including Mark Penn; Julia Hammond, president, Global Solutions; and Vinicius Reis, president, Stagwell Brazil, will discuss the company’s vision and ambition for the region. Futurist and professor Leticia Setembro will attend Stagwell’s Client Summit as a guest speaker on the frontiers of marketing innovation.

“A year ago we announced our commitment to the Latin American market and, thanks to the groundwork laid by our agencies, combined with the incredible collaboration with our affiliate partners, Stagwell Brazil is growing into a regional force,” said Stagwell Chairman and CEO Mark Penn. “I’m excited to share more about the technology we’ve been building – from SaaS tools to AI and AR platforms – that modern marketers can embrace to drive business, along with our vision for continued expansion in this burgeoning market.”

Web Summit Rio

Wednesday, May 3

  • 14:30-14:45: Marketers need to have their heads in the cloud: Building on the momentum within the Stagwell Marketing Cloud, Penn will deliver a keynote on the SaaS Monster track on why the marketing cloud solutions will be 2023’s unsung hero of business transformation, helping brands across the spectrum of capabilities solve gaps in their ability to activate across media, insights, and specialty digital formats with DIY and scalable SaaS tools.

Thursday, May 4
Dan Gardner, co-founder of Code and Theory, and executive chairman of Stagwell’s Code and Theory Network, will speak on two sessions:

  • 11:35-11:55AM: Facing the future: A guide to design transformation: Dan will explore a new paradigm of design transformation that addresses today’s challenges, increasing an organization’s readiness for change.
  • 14:40-15:00PM: A design for life: Exploring the latest design trends: Dan joins COLLINS Co-founder and Chief Creative Officer Brian Collins in conversation with Axios Senior Media Reporter Sara Fischer, as they discuss the key ingredients for creating a seamless, intuitive customer experience, and explore anticipated UI and UX trends for 2023 and beyond.

CP+B Brazil and Stagwell Host Inaugural Client Summit

Thursday, May 4
Hosting executive leaders, brands and journalists for breakfast, those invited will be included in thought leadership discussions and hear insights from Mark Penn on how brands can embrace SaaS tools, digital transformation, and emerging technologies to their advantage.

Guest Speaker Leticia Setembro: A notable futurist, speaker, and professor at SingularityU Brazil, and founder of Seek Futures, Leticia will present on “Understanding Futurism as a Science, Skill, and Tool, The Major Transformations Leaders Need to Tackle, and an Overview of Marketing Trends with Technology Insights.”

The presentation will be followed by a short panel and Q&A with the collective group. Brands and journalists interested in connecting with Stagwell on the ground should reach out to pr@stagwellglobal.com.

Stagwell formally established its LATAM headquarters in Brazil last year to foster collaboration between its portfolio agencies and Global Affiliate Partners in the region. Stagwell’s agency network in Brazil, Argentina, Mexico, and Central America includes Allison+Partners, Assembly, Code and Theory’s Truelogic, CP+B, Ink, Locaria, and YML. Additionally, Stagwell has significantly expanded its footprint across LATAM over the past year via affiliate partnerships with recognized content and media agency networks Buentipo, Grupo Garnier and The Lab, with teams distributed across Argentina, Aruba, Chile, Costa Rica, Colombia, Curacao, Mexico, Nicaragua, Panama and Peru.

About Stagwell
Stagwell (NASDAQ: STGW) is the challenger network built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 13,000+ specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.

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Acquisition expands Forsman & Bodenfors into Ireland and strengthens strategic, creative and digital marketing services

NEW YORK and DUBLIN, April 27, 2023 /PRNewswire/ — Stagwell (NASDAQ: STGW) the challenger network built to transform marketing, announced the acquisition of In the Company of Huskies (Huskies), a creative agency with digital DNA based in Ireland, to join the Forsman & Bodenfors Global Creative Collective. Huskies adds award-winning strategic, creative, and digital marketing capabilities, and further scales Forsman & Bodenfors’ footprint across Europe as the collective accelerates momentum with new client wins and service offerings.

“Huskies has built a powerful digital-first operation that we believe will complement the creativity and communications expertise at Forsman & Bodenfors at a time when the agency’s momentum is building worldwide,” said Mark Penn, chairman and CEO, Stagwell.

In addition to traditional omnichannel capabilities, Huskies blends behavioural science, and creativity, with social, search, technology and development services to help create pulling power for brands in the connected world, enabling a range of B2C and B2B International clients to deepen their connections with their customers.

In the Company of Huskies includes Allianz, Slack, Nissan, Smurfit Kappa, Guinness Storehouse, and Fáilte Ireland, the National Tourism Development Authority, among its clients, and it is the recent recipient of AME and EPICA awards for Allianz Ireland and Women’s Aid for ‘The World’s Strongest Women.’

“We are delighted to welcome Huskies to the Forsman & Bodenfors Collective. Our mission is to make ideas that change things, and Huskies has deep digital DNA coupled with the big brand thinking and creative firepower that supports that goal,” said Toby Southgate, global CEO, Forsman & Bodenfors. “By joining forces, we all at Forsman can only benefit from access to their digital expertise and unique approach to helping brands drive attraction as well as attention in today’s crowded market. I’m excited to roll up our sleeves and get started with Jonathan and the team.”

“What an exciting next chapter for Huskies. Our ambition is to create the best work in the world for our clients, and if we are to achieve this, alignment with one of the top creative brands in Europe is a key next step in our journey,” said Jonathan Forrest, CEO, Huskies. “We’ve been hugely impressed by the vision and creative expertise of Toby and the Forsman & Bodenfors team, and look forward to the opportunities that working in a collaboration-focused network like Stagwell will open up for our people, our clients and the agency.”

In the coming months, Huskies will be renamed F&B Huskies. Jonathan Forrest will remain CEO of the agency. The terms of the deal were not disclosed.

About In the Company of Huskies

In the Company of Huskies is an international award-winning creative agency with deep digital DNA based in Dublin, Ireland. The agency has a proven track record of delivering innovative solutions for clients in a range of industries, including Allianz, Slack, Nissan, Smurfit Kappa, Kerrygold, Fáilte Ireland, the National Tourism Development Authority, the Guinness Storehouse, and Google.

About Forsman & Bodenfors
Forsman & Bodenfors is a global creative collective transforming our clients’ business with ideas that change things. We work with some of the world’s most human brands including Volvo, SK-II, Google, Goldman Sachs, Polestar, Diageo, P&G, Crocs, LG, General Mills and H&M. Forsman & Bodenfors is one of the most globally awarded agencies across creativity and innovation, with key accolades including Cannes Lions: Top 3 Independent Agency of the Decade; Contagious Pioneers; Fast Company: Most Innovative Companies; Digiday: Most Collaborative Culture.  Forsman and Bodenfors is also the first and only global creative agency to receive both the global 3% Certification, and global certification from Fair Pay Workplace. We have 400 people across six offices in Gothenburg, Stockholm, New York, Singapore, Shanghai and Toronto.

About Stagwell
Stagwell is the challenger network built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 13,000+ specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.

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Four award-winning agencies come together under the most iconic CP+B banner.

NEW YORK, April 24, 2023 /PRNewswire/ — Today, four award-winning agencies within Stagwell (STGW) have combined forces under CP+B, accelerating its positioning as the agency for modern growth audiences. MMI, Vitro and Observatory will come together within the iconic CP+B banner across North America, adding a collection of new capabilities to create an integrated creative powerhouse.



The refreshed CP+B comes in response to the demands of modern marketers who are seeking simplicity, integration, and breakthrough creativity. The trio of agencies enhances CP+B’s ability to deliver on those needs through additional centers of excellence in paid and performance media and marketing, content and audience insight and analytics.

“For the past six months, we’ve been reviewing our portfolio of brands in response to the growing demand for integrated solutions that perform across creative, media, and communications,” Global CEO Brad Simms said, “This move reclaims CP+B’s transformational DNA, and integrates MMI’s media and performance marketing, Vitro’s boutique creative and Observatory’s branded entertainment capabilities.”

Under the leadership of Simms, CP+B has continued its growth trajectory since August 2022 with a suite of new client partners, including Dropbox, Old Dominion Freight Line, Plackers, Nasonex, adding to its existing portfolio anchored by Buchanan’s Scotch Whisky. The new 300+ strong agency brings media, creator and digital at scale to those brands and opens new avenues of growth and integrated storytelling for the existing roster of brands, including Amazon, Marriott, Procter & Gamble, and 19 Crimes.

Maggie Malek, formerly the CEO of MMI, has been appointed President, North America, reporting to Simms. Malek has held a number of progressive roles within MMI, most recently leading the agency as CEO since 2019. Under her leadership, the agency has achieved notable growth, client success, staff retention and repeated recognition as a best place to work.

“CP+B earned a reputation as an industry disruptor with iconic campaigns that redefined what ‘creative’ looked like,” Malek said. “As the forces around us spark new technologies, channels, and demand for integrated solutions, it’s invigorating to marry CP+B’s innovative creative spirit with complementary talent and capabilities across media, branded entertainment, content and creator marketing. Breaking through for brands requires the melding of performance and possibility. Our new CP+B team can do that like few others in the industry, and I’m eager to showcase what working with us can unlock for brands.”

“Maggie is the perfect partner for this next chapter for CP+B. Her ability to set a clear vision and drive it to fruition is one of her superpowers. She cares about her people and has a fearless drive to deliver measurable impact and value for her clients,” Simms added.

Rounding out the North American leadership team is:

Josh Braithwaite, Chief Creative Officer, North America (currently in this role)
Tom Sullivan, Chief Growth Officer, North America (formerly CEO of Vitro)
Brendan Shields-Shimizu, Chief Innovation Officer, North America (formerly CEO of Observatory)
Laura Eder, Chief Operating Officer, North America (formerly COO of MMI)

“CP+B is the original challenger brand and core to the fabric of Stagwell. I’ve said it before and will say it again: we believe in the CP+B brand and with talented leaders like Brad and Maggie at the helm, I’m confident the future of CP+B is bright,” Stagwell Chairman and CEO Mark Penn said. “Throughout the network, we continue to find ways to support our agency brands in their growth trajectory while building more seamless solutions for clients to help the modern marketer win.”

About Crispin Porter + Bogusky
CP+B has offices in North America, London and São Paulo. CP+B has been named Agency of the Decade by Advertising Age and Agency of the Year 13 times in its history. CP+B is also the only agency to have won the Cannes Titanium Grand Prix three times. www.cpbgroup.com 

For more information, contact: lindsay.bennett@galepartners.com

SOURCE Stagwell Inc.

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THE PUBLIC CONTINUES TO TAKE THE REPUBLICANS’ SIDE ON DEBT NEGOTIATIONS

INDICTMENT STRETCHES TRUMP’S PRIMARY LEAD BUT DESANTIS CONSIDERED A REAL CHALLENGE 

NEW YORK and CAMBRIDGE, Mass., April 20, 2023 /PRNewswire/ — Stagwell (NASDAQ: STGW) today released the results of the April Harvard CAPS / Harris Poll, a monthly collaboration between the Center for American Political Studies at Harvard (CAPS) and the Harris Poll and HarrisX.

The percentage of Americans who think the country is on the wrong track has ticked back up to 62% as President Biden’s approval remains at 43%. With default looming ever closer, 65% of voters want Congress to raise the debt ceiling only with restraints on future spending. The poll also includes public opinion on crime and ESG. Download key results here.

Donald Trump has parlayed an unprecedented indictment into a consolidation of party support while Biden’s numbers remain weak, but many Americans are still very open to a moderate independent candidate,” said Mark Penn, Co-Director of the Harvard-CAPS Harris Poll and Stagwell Chairman and CEO. “As Americans get more pessimistic about the economy again, the 2024 election may hinge on which party can put cultural issues to the side and focus on the core economic issues.”

VIEWS OF THE ECONOMY WORSEN AFTER 3 MONTHS OF IMPROVEMENTS

  • Partisanship determines Americans’ view of the economy: 30% of voters overall say the economy on the right track, but 54% of Democrats think so compared to 12% of Republicans.
  • 52% of voters think their personal financial situation is getting worse.

INDICTMENT STRENGTHENS TRUMP WITH REPUBLICANS AS DESANTIS FADES BUT IS NOT OUT

  • 50% of voters, up 4 points from last month, now think a Trump trial will help his candidacy.
  • 61% of voters believe Trump will ultimately be acquitted.
  • In an open GOP primary Trump extends his lead to 55% support, with DeSantis falling to 20% support. In a head-to-head primary against DeSantis, Trump extends his lead to 61%.
  • But 58% of Republican voters say DeSantis is ready to give Trump a “real challenge” for the Republican nomination.

VOTERS THINK A BIDEN SECOND TERM MEANS PRESIDENT HARRIS

  • 63% of voters think Biden would not be able to finish a second term if reelected.

THE PUBLIC CONTINUES TO TAKE THE REPUBLICANS’ SIDE ON DEBT NEGOTIATIONS

  • 66% of voters think the U.S. government has too much debt and 55% think the government is spending too much.
  • When told the national debt is $31 trillion, 65% of voters want Congress to raise the debt ceiling only with restraints on future spending.
  • 81% of voters, including 81% of Democrats and 86% of Republicans, support returning the country to a balanced budget.

CRIME CONCERNS BECOME LESS PARTISAN AS VOTERS WANT STRICTER PROSECUTION

  • 86% of voters think crime is a serious issue right now and 48% think crime and safety are getting worse in their own communities.
  • 60% of voters, including 52% of Democrats, think police today are afraid of doing their jobs.
  • 58% of Americans, including 43% of Democrats, think big city district attorneys are pulling back from prosecuting violent offenders sufficiently.
  • Voters most blame rising crime in American cities on the worsening economy (23%) and prosecutors who don’t enforce the laws (22%).

REGULAR AMERICANS AREN’T FAMILIAR WITH ESG

  • 64% of voters have not heard of ESG investing.
  • Americans are split on ESG strategies: after being given the definition, 52% of voters think investment managers have a duty to prioritize returns above all else rather than the option to consider climate and ESG concerns.

The April Harvard CAPS / Harris Poll survey was conducted online within the United States from April 18-19, 2023, among 1,845 registered voters by The Harris Poll and HarrisX. Follow the Harvard CAPS Harris Poll podcast at https://www.markpennpolls.com/ or on iHeart Radio, Apple Podcasts, Spotify, and other podcast platforms. 

About The Harris Poll & HarrisX

The Harris Poll is a global consulting and market research firm that strives to reveal the authentic values of modern society to inspire leaders to create a better tomorrow. It works with clients in three primary areas: building twenty-first-century corporate reputation, crafting brand strategy and performance tracking, and earning organic media through public relations research. One of the longest-running surveys in the U.S., The Harris Poll has tracked public opinion, motivations, and social sentiment since 1963, and is now part of Stagwell, the challenger holding company built to transform marketing.

HarrisX is a technology-driven market research and data analytics company that conducts multi-method research in the U.S. and over 40 countries around the world on behalf of Fortune 100 companies, public policy institutions, global leaders, NGOs and philanthropic organizations. HarrisX was the most accurate pollster of the 2020 U.S. presidential election.

About the Harvard Center for American Political Studies
The Center for American Political Studies (CAPS) is committed to and fosters the interdisciplinary study of U.S. politics. Governed by a group of political scientists, sociologists, historians, and economists within the Faculty of Arts and Sciences at Harvard University, CAPS drives discussion, research, public outreach, and pedagogy about all aspects of U.S. politics. CAPS encourages cutting-edge research using a variety of methodologies, including historical analysis, social surveys, and formal mathematical modeling, and it often cooperates with other Harvard centers to support research training and encourage cross-national research about the United States in comparative and global contexts. More information at https://caps.gov.harvard.edu/.

SOURCE Stagwell Inc.

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Beloved Mascots Sir CC and Moondog Come to Life in 3D; AR ‘Chain-Shot’ Contest Awards Fans with Special Merchandise

Cavaliers Partnership Brings ARound to Teams in Three Professional Sports Leagues

NEW YORK and CLEVELAND, April 14, 2023 /PRNewswire/ — ARound, a next-generation fan engagement platform designed to enhance gameday fun with live, real-world augmented reality (AR) experiences – part of the Stagwell (NASDAQ: STGW) Marketing Cloud – has partnered with its first NBA team, the Cleveland Cavaliers, to bring a shared AR experience called “Cavs ARcade” to Rocket Mortgage FieldHouse, kicking off during the 2023 NBA Playoffs. In Cavs ARcade, fans will be able to digitally interact with the basketball court, fellow fans in the FieldHouse, and witness real-time effects on the Cavs giant video screen through mass multi-user gaming, 3D player personalities, real-time effects and more.

 “We’re seeing a growing appetite from sports teams to keep existing fans engaged and capture new, younger audiences, who are recognizing the ease in which ARound naturally integrates and complements the action of the game. So far, fans have responded very positively to these interactive experiences, with engagement times exceeding our expectations,” said ARound Founder and CEO Josh Beatty. “As the first team in the NBA to introduce shared AR, the Cavs are opening up an entirely new playing field for their 19,000+ fans at Rocket Mortgage FieldHouse to feel closer to the game, the players, and the energy of the venue, especially in this notable return of the Cavs to the Playoffs.”

ARound first launched with the MLB’s Minnesota Twins in August 2022 and the NFL’s Los Angeles Rams in December 2022. The Cavaliers experience will include new, custom features and effects to enhance the gameday experience, such as:

  • AR Chain-Shot Contest: Fans can embody the spirit of the Cavs Junkyard Chain tradition by showcasing their grit and determination in the thrilling AR Chain-shot basketball contest, with nightly points leaders awarded Cavs jerseys, autographed merchandise, and more as they compete with fellow fans in this interactive, skill-based challenge.
  • Wine and Gold ‘Landslide’ Game: CAVS ARcade introduces a stadium-wide multiplayer Wine and Gold ‘Landslide’ game, allowing Cavs fans to rally behind their team colors in a high-energy blend of friendly competition and team spirit.
  • Larger-than-Life Mascots and Effects: CAVS ARcade brings beloved mascots Sir CC and Moondog to life in stunning AR on fans’ phones and stadium videoboards, alongside captivating visual effects that transform the game atmosphere into an unforgettable, interactive experience.
  • Extended Through Playoffs: The CAVS ARcade experience will persist throughout the Cleveland Cavaliers playoff journey both during home games as well as away game watch parties, ensuring fans can enjoy these groundbreaking AR experiences and heightened engagement for the entire season.

“From the play on the court, to the energy in the FieldHouse and across Cleveland, everything is amplified in the NBA Playoffs,” said Cleveland Cavaliers Vice President of Digital, Brandon Jirousek. “We knew we had to take our fan experience to another level as well, and we couldn’t be more excited to team up with ARound to help us do that with CAVS ARcade. Innovation is at the core of who we are and this is the latest example of how we strive to explore new ways to engage our fanbase and enhance their interactions with the team.”

Cavs ARcade is powered by the ARound Stadium app on iOS and Android. Journalists interested in covering the launch can access the press kit here.

About ARound
ARound is a first-of-its-kind stadium-level shared augmented reality platform and is part of the Stagwell Marketing Cloud, a proprietary suite of SaaS solutions built for the modern marketer. ARound keeps audiences engaged by capturing their attention through immersive, interactive and shared experiences with fellow fans across the venue. Where other AR products offer isolating, singular experiences, ARound’s massive multi-user AR – which uses 3D spatial computing to localize content – redefines what it means to be part of a connected fan experience. It was the winner of Stagwell’s annual innovation competition which invests in new product ideas proposed by the network’s 13,000+ employees. ARound and the Stagwell Marketing Cloud are a part of Stagwell (NASDAQ: STGW), the challenger network build to transform marketing.

About Cleveland Cavaliers
The Cleveland Cavaliers won the NBA Championship in 2016 while also taking the Eastern Conference crown in 2007, 2015, 2016, 2017 and 2018. The team plays at, and also operates, the transformed Rocket Mortgage FieldHouse in downtown Cleveland, Ohio. The Cavaliers and Rocket Mortgage FieldHouse are part of Rock Entertainment Group. The Group also includes the Cleveland Monsters of the AHL, the Cleveland Charge of the NBA G League, Cavs Legion of the NBA 2K League, Legion Lair Lit by TCP home of Cavs Legion in Cleveland, and Cleveland Clinic Courts – the Cavaliers’ training and development center in Independence, Ohio. The Cavaliers are regularly recognized for their extensive community support and engagement programs and contributions, workplace diversity and inclusion leadership, and an on-going economic impact that now registers in the billions of dollars locally. Dan Gilbert is Chairman of the Cleveland Cavaliers. Gilbert and his family of companies have now invested over $2.0 billion in Cleveland. Gilbert is also Founder and Chairman of Rocket Mortgage, the nation’s largest mortgage lender, and Founder and Chairman of Rock Ventures LLC, the umbrella entity for his portfolio of business and real estate investments. Nic Barlage is the Cavaliers, Rocket Mortgage FieldHouse and Rock Entertainment Group CEO, and the Cavaliers team is led by President of Basketball Operations Koby Altman, General Manager Mike Gansey and Head Coach J.B. Bickerstaff. The Cavaliers and Rocket Mortgage FieldHouse provide fans the best experience in the NBA with its extensive and stunning array of amenities and technology and signature, electrifying game presentation.

Media Contacts
For ARound
Sarah Arvizo
pr@stagwellglobal.com

For Cleveland Cavaliers
Zack Yohman
Zyohman@cavs.com

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Stagwell Global Affiliate Partner Coconuts Media Supported In-Market Research

NEW YORK and JAKARTA, Indonesia, April 12, 2023 /PRNewswire/ — National Research Group (NRG), a global insights leader at the intersection of technology, content and culture, today released “Exploring Indonesia,” the second research installment of its “Capstone Series,” a first-of-its-kind exploration into the culture, content and technology driving leading-edge global growth markets. Conducted with Stagwell (NASDAQ: STGW) Global Affiliate Network partner Coconuts Media, a leading alternative media company representing Southeast Asia and Hong Kong, the study examines the consumer behaviors, tech adoption, content preferences and other attitudes that are shaping Indonesia.


“Indonesians consider themselves a hospitable nation: honest, respectful, and family/community-conscious, with 84% residing in a multi-generational households, and we see that reflected in the trends of our research,” said NRG SVP, Content & Strategy Sushma Panchawati. “For tech and media companies that are attuned to these attributes, Indonesia’s mobile-first practices and appetite for global content provide a wide platform for entering the market, predicted to be one of the top 5 largest global economies by 2050.”

“As Southeast Asia’s largest economy with a population 270M strong, of which 60% are below 30 years of age, Indonesia’s rise in urbanization and consumer spending power is a force to be noticed by the world stage,” said Stagwell Managing Director, Asia-Pacific Randy Duax. “For global brands to be part of this growth story that is helmed by a tech and social media-savvy Indonesian generation – that in particular has an urban-empowered female consumer – brands must authentically mirror the trust and consumer understanding of local brands by bringing integrated online-offline experiences to earn wallet share.”

“Working on the Capstone Series has allowed us to really delve into the diverse nature of our audience in Indonesia; in fact, this is one of the most extensive deep dives into the country’s culture, people and digital consumption habits,” said Coconuts Media Managing Editor, Indonesia Andra Nasrie. “Global media, tech and entertainment companies will discover that Indonesia is a great place for investment due to its digital aptitude which permeates nearly every facet of daily life. This is a future top world economy and the opportunity to support Indonesians is here and now.” 

Exploring Indonesia: Key Findings

  • In mobile, they trust: Cost-effective Android products released since the mid-2010s have made smartphone ownership accessible across income levels – in 2022, 75.4% of respondents owned a smartphone, with 92% on Android.
    • Super-apps: Apps like Grab and Gojek that consolidate services (e.g. finance, messaging, ride share, food delivery) are a unique phenomenon. In the country, 96% are familiar with both.
    • Gaming: The Indonesian gaming market is ranked 1st in Southeast Asia and 17th in the world, with the local gaming sector growing 37% annually (Indonesian Gaming Association). Of these, 88% use a smartphone to play.
    • Cash is king, with mobile pay close behind: While cash makes up 49% of payments, mobile wallet transactions (33% of payments) are diverse, with the most popular uses including mobile recharge, fund transfers, family/friends reimbursement, and investing.
  • Paid streaming is for the wealthy: With limited high-quality internet access, paying for streaming is a luxury that has not trickled down to lower-income or rural populations; 69% of low-income Indonesians do not subscribe to any services.
    • Fifty-seven percent of respondents list lower cost options/tiers as the top reason to pay for a new service
  • Sports fandom goes “all out”: Indonesians express excitement and support for their favorite teams on TV and social media in sheer numbers.
    • Sixty percent of men watch live sports on TV or streaming services weekly
    • According to Safenet Indonesia Co-founder Damar Juniarto, “To have the highest ratings for TV in Indonesia you have to have sports channels – especially football, and second you must cover badminton. It’s about national pride, they also connect with the national league.”
  • Move over, Netflix? Vidio is “really, really Indonesian,” but Western services are fast learners: Investment in live sports broadcasting, including access to FIFA World Cup and the Premier League, as well as local content has made Vidio the fastest-growing streaming service in Indonesia
    • Affordability is another plus, with plans starting at less than $2 USD – a metric not associated with Western services
    • That said, younger streamers (under 35) demand variety in their content, with 59% saying it’s “very important” a service has new, relevant content to watch, something Vidio may have trouble keeping up with compared to its Western competitors
  • K-Dramas are critical: A variety of streamers have tapped into the “K-Wave” of growing popularity around Korean dramas (“Drakor”), which makes up 51% of Indonesians’ favorite streaming genres in movies, and 48% on TV.
  • Short-form social reigns: Ranked the no. 1 entertainment activity, Indonesians turn to social media most (30%) over music (17%), streaming movies or TV (15%), or watching an online short-form video (13%), when they have a short period of time.
    • Instagram is the most frequently used social media app, while TikTok is quickly outpacing Twitter – 61% use TikTok multiple times a day vs. Twitter (55%). Seventy-nine percent use TikTok to view entertaining content, while 72% of Twitter users visit to keep up with news.
    • About 8 in 10 Indonesians watch short-form content daily, consuming an average of 14.6 hours of online video content a week.
  • YouTube: Still the fan favorite: The platform Indonesians enjoy using most – by a wide margin – YouTube is used by 84% of Indonesians weekly for their entertainment needs, primarily to watch how-to tutorials (28%), comedy content (28%), and sports (23%).
    • YouTube also outperforms top streamers on leading attributes such as ease of use and content variety, affordability, diverse representation, and for teaching positive lessons.

Boundaries and guardrails

  • Explicit content is unwelcome: Pornography and nudity is banned in all entertainment – along with platforms such as Vimeo and Reddit – while nearly three-quarters of Indonesians would refuse to watch or be less likely to watch a new film with LGBTQ+ themes.
  • Podcasters, such as PODKESMAS, a comedy talk show, and other online content creators are the ones who push the boundaries with controversial discussions on sexuality, drugs and religious taboos.
  • Crypto is surging, despite being banned as a form of payment: 1 in 4 currently trade/invest in crypto; with more than 14M crypto users in the country, it surged 300% over the pandemic.
  • Women are more open to content that pushes the boundaries of gender roles, such as not wearing hijabs on TV and playing important job roles.

NRG’s planned upcoming Capstone Series research markets include Argentina (Q1 2023), Saudi Arabia (Q2 2023), Thailand (Q3 2023), and Turkey (Q4 2023).

Study Methodology
NRG conducted an online survey in November 2022 among a nationally representative sample of 5,005 internet-enabled Indonesian consumers aged 16-64. Quantitative fieldwork was enhanced by integrating expert interviews with five in-market academic, media, and tech interviews as well as six in-depth interviews with Indonesian consumers. 

About National Research Group
National Research Group is a leading global insights and strategy firm at the intersection of entertainment and technology. Rooted in four decades of industry expertise, the world’s leading marketers turn to us for insights into growth and strategy for any content, anywhere, on any device. Working at the confluence of content, culture and technology, NRG offers insights for bold storytellers everywhere. To learn more, please visit www.nationalresearchgroup.com, and follow us on LinkedIn and Instagram.

About Coconuts Media
Coconuts is Asia’s leading alternative media company. Our mission is to inform and entertain by telling true stories that matter to our audience through a wide portfolio of publications and in-house studios. Each month, we reach an audience of millions across Southeast Asia and Hong Kong through digital, print, audio, and video. Our passions are simple and unwavering: journalism, the media industry, and telling the untold stories of our region.

About Stagwell
Stagwell is the challenger network built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 13,000+ specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com

Media Contact:
Sarah Arvizo
pr@stagwellglobal.com

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jess.santini@assemblyglobal.com 


Assembly also announced three new CEO promotions in North America, MENA and APAC

NEW YORK and LONDON, April 11, 2023 /PRNewswire/ — Global omnichannel media agency Assembly today announced the appointment of Matt Adams as CEO of Europe, joining the agency on March 27. Adams will oversee all Assembly operations in continental Europe and the UK, with a focus on accelerating the agency’s business development and driving sustainable growth and impact across the region.

With over 20 years of senior leadership experience working across both the media owner and agency sides of the business, Adams is a transformative leader with an exceptional reputation for growth, business development, and client relations.

“We are delighted to welcome Matt to Assembly, where he’ll lead our European business and bring our proposition, ‘find the change that fuels growth,’ to new heights. He is someone who knows how to unlock the potential of his teams, provide immense value to clients, and build strategic and innovative business solutions to drive success. I look forward to our European business continuing to change and grow under his leadership,” said James Townsend, Global CEO of Assembly and Stagwell Brand x Performance Network.

Adams comes to Assembly from Brainlabs, where he was the Global Chief Operating Officer and is credited with scaling the company from a predominantly PPC agency to a full-service digital first media agency. Adams more than quadrupled its size while delivering strong organic revenue growth. He also helped acquire and integrate eight companies across the marketing funnel to bolster the agency’s capabilities. Prior to Brainlabs, Adams was the UK and Ireland Chief Executive of Havas Media Group, working with some of the UK’s most prestigious brands including O2, BBC, Hyundai, PayPal, Emirates, and giffgaff. While at Havas Media, Adams successfully executed a three-year turnaround strategy that culminated in the agency leading the UK New Business Leagues for 2019 and being one of the most awarded UK agencies for its work. Before these responsibilities, Adams led Dentsu’s iProspect, the largest digital agency in the UK at the time.

Adams’ professional accolades include: Chairman of the Content Marketing Association; recognized as one of the top 10 media planners in the UK by Campaign in 2014; named one of Campaign’s top 10 agency leaders in the UK in 2019, 2020 and 2021; member of the IPA Media Futures Group; and was co-chair of the UK’s Campaign Media Week Awards in 2019.

Over the last two years, Assembly has successfully transformed its business from the inside out – resulting in more media AOR engagements and double-digit growth globally and over 1,600 employees across the world. In late 2021, Assembly merged with ForwardPMX to become the flagship omnichannel media agency within Stagwell’s portfolio, and just last year, the agency refreshed its brand identity to signal its next era of growth.

In addition to Adams, Assembly is elevating three agency leaders in its fastest growing regions to CEO:

  • North America President Valerie Davis has been promoted to North America CEO
  • APAC Managing Director Richard Brosgill has been promoted to APAC CEO
  • MENA Managing Director Faisal Dean has been promoted to MENA CEO

Adams’ appointment and Davis, Brosgill and Dean’s elevations are on the heels of a series of global new business wins, product launches, and partner announcements over the last few months. The agency kicked off 2023 with the launch of Clean Media Lab, a new, technology-powered media decarbonization offering first available in Europe, joined Ad Net Zero in the US and UK, and continues on its journey to becoming a B Corp, all tangible evidence of the agency’s ambition to continue developing sustainable and innovative media solutions. The agency also welcomed new clients Mandarin Oriental and T. Rowe Price into its roster and significantly increased its engagement with Lenovo globally.

“Assembly has more than its fair share of top talent, is globally scaled and regionally relevant,” said Adams. “In today’s environment, winning agencies are able to effectively generate value while delivering on smart and innovative marketing and media solutions that fuel growth, and Assembly has that in spades. I couldn’t be joining at a better time.”

Adams, Davis, Brosgill and Dean will report to James Townsend, Global CEO of Assembly and Stagwell Brand x Performance Network. These appointments are effective immediately.

ABOUT ASSEMBLY
Assembly is the modern global omnichannel media agency, bringing data, talent, and technology together to find the change that fuels growth for the best brands on the planet. Our approach connects big, bold brand stories with integrated, global media capabilities that deliver performance and drive large-scale business growth. Our work is powered by our proprietary, in-house technology solution, STAGE, and led by our global talent base of over 1,600 people around the world. We’re purpose-driven at our core and pioneers in social and environmental impact in the agency world. Assembly is a proud member of Stagwell, the challenger network built to transform marketing. For more information, visit assemblyglobal.com.

Press Contact:
Jess Santini, VP Global Marketing
Jess.santini@assemblyglobal.com

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