Connect with us

Hi, what are you looking for?

Jewish Business News

Business

M&C Saatchi Buys 1/3 of Shepardson Stern & Kaminsky

M&C Saatchi

London advertising firm M&C Saatchi has taken a minority stake in the New York creative agency Shepardson Stern & Kaminsky for $8 million.

M&C Saatchi took a 33% stake in SS+K. The move came after the London firmed failed twice in its efforts to establish its own New York division in 1995 and 2007.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

SS+K partner Lenny Stern said, “M&C Saatchi has been quietly turning itself into the nimble network alternative to holding company behemoths. For us t means the chance to work internationally without losing our identity in a bureaucratic fly trap.”

M&C Saatchi global CEO Moray MacLennan described SS+K as “intelligent, ambitious and creative to its core.”

“With hindsight, I don’t think we ever invested, if we’re honest with ourselves, the time or money to create a flagship office in Manhattan, the toughest of all markets. It’s a brutal old town you have.”

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.