Stagwell’s Penn: scale without the holdco bloat
Adweek’s Christopher Cicchiello reports that Stagwell posted 8% year over year net revenue growth to $664 million in Q3, its best quarter in five years as a public company.
Why it matters. Rival holding companies that pursued scale over diversified revenue streams now face Penn’s pointed contrast as a competitive argument for clients.
Signal from adweek.com · Christopher Cicchiello · read the original.
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