[36] Critics said WPP needed to become "nimbler" and "leaner". [31] Within Read's first year as CEO, he trimmed WPP by selling more than 30 subsidiaries,[41] including a majority stake in Kantar. Wherever possible, MediaCom uses WPP approved suppliers who are appointed by WPP Group Procurement team for commonly purchased goods and services. Accounting policies. Due to the severe economic downturn, client retrenchment and delays in new business led to limited growth across most of our companies, with the exception of The Partners and Addison which showed an increase in revenue. UNDER WHICH. Sorrell has denied the allegations. Goldfarb Consultants Mexico, S.A. de C.V. Servicios de Publicidad Interactivos SA de CV. MediaCom Supply Chain. [55], In 2012, the Indian broadcasting NDTV filed a lawsuit against Television Audience Measurement (TAM), a joint venture of the former competitors Nielsen and Kantar Media Research which for years has provided the only TV audience measurement system in India. [25], In November 2016, WPP announced it will be acquiring PEP, LLC, a project management and procurement company that oversees shopper marketing promotions for clients, in the US. [11][12], During 1986, WPP became the parent company of Picquotware, a manufacturer of teapots and jugs, based in Northampton. [10], The company was founded as Wire and Plastic Products plc to manufacture wire shopping baskets in 1971. The company organizes its businesses in the following four areas: Advertising and Media Investment Management; Consumer Insight; Public Relations and Public Affairs; and Branding and Identity, … 2009 was a year of mixed fortunes for the Branding to Design (B to D) Group. The lawsuit alleged that viewership data were manipulated in favor of broadcasters willing to provide bribes. [14], With a number of shareholder revolts over executive pay having already happened at other public companies' AGMs earlier in the year, the media coverage of Martin Sorrell's intended £12.93m compensation package drew increasing public attention in 2012. [11], In May 2000, WPP agreed to acquire the United States-based Young & Rubicam Group for $5.7 billion, in what was at the time the largest ever takeover in the advertising sector. [26], Many of WPP's constituent agencies use Microsoft Windows, and the organisation was among those hit by the 2017 cyberattacks on Ukraine, with some staff's computer access limited to webmail only as much as ten days later. In 1985 Martin Sorrell, searching for a listed company through which to build a worldwide marketing services company, bought a controlling stake of just under 30% at a cost of $676,000. Agriculture Defense & Homeland Education Energy & Environment Financial Services Franchising Healthcare Hospitality International Relations Judiciary Public & Political Affairs Service … [8], On 14 April 2018, Martin Sorrell retired 33 years after founding the company. Limited, Cordiant Communications Group Trustees Limited, Digital Artwork & Reprographic Technology Limited, Garrott Dorland Crawford Holdings Limited, Gesellschaft Fur Konsumforschung- Taylor Nelson Sofres Limited, Glendinning Management Consultants Limited, Headcount Worldwide Field Marketing Limited, Henley Centre Research Consultants Limited, Infratest Burke International Services Limited, J Walter Thompson Company (Manchester) Limited, Mediaedge:CIA International Investments Limited, Public Relations and International Sports Marketing Limited, Rainey Kelly Campbell Roalfe/Young & Rubicam Limited, Rodney Fitch International Design Consultants Limited, Sampson Tyrrell Corporate Marketing Limited, Taylor Nelson Sofres International Limited, Taylor Nelson Sofres Investment Partnership, Telephone Interviewing Centre (UK) Limited, Tempus Media Technologies Holdings Limited, The Art Company (Creative Services) Limited, The Oxford Academy for Professional Health Education Limited, The Partners (Design Consultants) Limited, Transart Educational Marketing systems Limited, Voluntarily United Creative Agencies Limited, Westbourne Terrace Management Services Limited, Young & Rubicam Development (Holdings) Limited, WPP Marketing Communications Vietnam Company Limited. [9] Chairman Roberto Quarta was temporarily named executive chairman. NAME : JURISDICTION. History. Osrodek Badania Opinii Publicznej S.p.z.o.o. The firm provides political lobbying services. [31] He instituted a plan to reposition WPP as a "creative transformation company" and make its offer simpler. $1.9bn was used to reduce WPP’s debt, and $1.2bn was returned to shareholders. When G2 was founded in 2000, a key goal was to become one of the top five marketing services organizations in the world. [49] WPP's research insight and consulting companies include Kantar. On 25 November 2004 WPP closed the Burntwood factory and stopped manufacturing Picquotware: all assets were sold on 14 December 2004. Ogilvy Healthworld Reklamcilik Hizmetleri A.S. Taylor Nelson Sofres Piar Arastima a Dani Ve Tic AS, Taylor Nelson Sofres Siar Arastima Danis Ve Tic AS, Young & Rubicam Reklamevi Reklamcilik LTD Sti, CIA Medianetwork Ireland Holdings Limited, Clarion Communications (Corporate P.R.) [41] Hogarth Worldwide is a WPP-owned production company. Sti. he consolidated financial statements of WPP plc and its subsidiaries (the Group) for the year ended 31 December 2017 have been prepared in accordance with International Financial Reporting Standards (IFRS) as adopted by the European Union as they apply to the financial statements of the Group for the year ended 31 December 2017. In November 1987 a fire destroyed the Northampton factory and production was restarted at Burntwood in Staffordshire. Acceleration We enable the transformation of marketing organizations by building new data and technology-enhanced capability. View differences made from one year to another to evaluate Wpp Plc's financial trajectory Sample 10-K Year-over-Year (YoY) Comparison Compare this 20-F Annual Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Wpp Plc. WPP plc - ‘20-F’ for 12/31/03 - EX-8.1 Annual Report by a Foreign Non-Canadian Issuer - Seq. Updated SEC filings for WPP by date. T he consolidated financial statements of WPP plc and its subsidiaries (the Group) for the year ended 31 December 2008 have been prepared in accordance with International Financial Reporting Standards (IFRS) as adopted by the European Union as they apply to the financial statements of the Group for the year ended 31 December 2008. [11] The company listed on the NASDAQ in 1988 (and later switched its secondary listing to the NYSE). [37][38] In late 2018, Read said the company had grown "unwieldy with too much duplication". By the end of 2007, we were ranked sixth in Advertising Age's global marketing services listings, underscoring our progress.. Growth in reputation and stature was mirrored by growth in clients, and we now have 34 of the top 100 global brands on our roster. THIS STOCK PURCHASE AGREEMENT (“Agreement”) is made as of February 11, 2015 by and among Cavendish Square Holding B.V., a private … WPP plc is a British multinational communications, advertising, public relations, technology, and commerce holding company headquartered in London, England. Wpp Group Usa, Inc. is located in New York, NY, United States and is part of the Advertising Agencies Industry. [18] In October 2008, WPP acquired market research firm Taylor Nelson Sofres for £1.6 billion. [23][24] In November 2015, WPP agreed to acquire a majority stake in Essence, a global digital agency. Our mission is simple: we help our clients leverage and profit from the US Multicultural market. Prime Policy Group, a subsidiary of WPP Plc, is an American company located in Washington, DC. WPP-Scangroup | 3,696 followers on LinkedIn | We are a WPP PLC subsidiary, listed on the Nairobi Securities Exchange. [7] It has a secondary listing on the New York Stock Exchange. 11,319,363 shares of common stock presently outstanding and beneficially owned by Cavendish Square Holding B.V. ("Cavendish Square") an indirect wholly-owned subsidiary of WPP plc ("WPP"), and WPP (together, the "WPP Stockholders"). [5] WPP plc owns many companies, which includes advertising, public relations, media, and market research networks such as AKQA, BCW, Essence Global, Finsbury, Grey, GroupM, Hill+Knowlton Strategies, Kantar Group, Mindshare, Ogilvy, Wavemaker, Wunderman Thompson, and VMLY&R. T he consolidated financial statements of WPP plc and its subsidiaries (the Group) for the year ended 31 December 2010 have been prepared in accordance with International Financial Reporting Standards (IFRS) as adopted by the European Union as they apply to the financial statements of the Group for the year ended 31 December 2010. [14] In 1998, WPP formed an alliance with Asatsu-DK Inc. of Japan. Accounting policies. [31], WPP's notable advertising agency company holdings include Grey, Ogilvy,[14] VMLY&R, and Wunderman Thompson. Tel: +44 (0)20 7282 4600 Email: enquiries@wpp.com ", "NDTV bells the cat, files suit against TAM", "NDTV sues Nielsen for viewership data manipulation", "NDTV-WPP war of words continues over ratings issue", "Advertising firm WPP may sue NDTV for defamation", "WPP Statement on Dismissal of NDTV Law Suit", https://en.wikipedia.org/w/index.php?title=WPP_plc&oldid=999848088, Advertising agencies of the United Kingdom, Business services companies of the United Kingdom, Companies based in the City of Westminster, Companies listed on the London Stock Exchange, Mass media companies of the United Kingdom, Public relations companies of the United Kingdom, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License, This page was last edited on 12 January 2021, at 07:10. WPP Group USA, Inc. provides communications and media management services. WPP plc is the world’s largest advertising agency by revenue, generating USD 17.34 billion last year and is considered one of the big five advertising agencies in the world along with Dentsu, Publicis, Interpublic Group of Companies and Omnicom. [27][28], WPP merged Burson-Marsteller with Cohn & Wolfe to become BCW (Burson Cohn & Wolfe) in February 2018. The combined agency is now known as Burson Cohn & Wolfe. Our principal subsidiaries as of December 31, 2018, are listed below. Burson-Marsteller LLC. Kinetic Worldwide Group Ltd (fka Reef House) UK: Kinetic Worldwide Ltd : UK: Kingsway Media Services Ltd : UK: Knowledge Trading Solutions Ltd : UK: Lambie-Nairn & Company Ltd : UK: Wavemaker has global billings of over US$38 billion and it is part of GroupM and WPP plc. WPP GROUP PLC . BKSH & Associates. Previously known as MEC the agency was launched in January 2002 following WPP's acquisition of CIA's parent company, Tempus Group. The FCG Institute for Continuing Education LLC, Dialog Marketing Communications Pty Ltd (D), Financial and Management Services Pty Ltd, Glendinning Management Consultants Australia Pty Ltd, Ideaworks Collateral Services Pty Limited, Ideaworks Environmental Design Pty Limited, Marketing Communications Holdings Australia Pty Ltd, Monahan Dayman Adams (Gold Coast) Pty Ltd, Ogilvy Public Relations Worldwide Pty Ltd, Professional Change and Development Pty Ltd, Taylor Nelson Sofres Asia Pacific Pty Limited, Taylor Nelson Sofres Australia Proprietary Limited, The Added Value Group (Australia) Pty Ltd, The Communications Group Holdings Pty Ltd, Design Direct Realisierung von innovativen Kommunikationsideen GmbH, MediaCom Agentur fur Media Beratung, Planug - Forschung und Einkauf GmbH, Ogilvy & Mather Media Services GmbH & Co. KG, Ogilvy Interactive Worldwide Multimedia Beratung GmbH, OgilvyOne Worldwide Werbeagentur und Marketingberatung GmbH. Ogilvy & Mather (Poland) Agencja Rekalama Sp z.o.o. There are 2656 companies in the Wpp Group Usa, Inc. corporate family. [44][45], WPP is a large holding company involved in communications, advertising, public relations, and other businesses. Professional. [14] WPP's public relations and public affairs company holdings include Hill+Knowlton Strategies, BCW (Burson Cohn & Wolfe), and Ogilvy. [14] In later years, WPP regularly acquired dozens of companies annually. 5 - List of Subsidiaries - Accession Number 0001193125-04-102747 - Filing - SEC [16][8] In 1989, it acquired Ogilvy Group for $864m. Airtel was named India's 2nd most valuable brand in the first ever Brandz ranking by Millward Brown and WPP plc. [42] Read also sold the original Wire and Plastic Products company that Sorrell had purchased to create his business empire. SUBSIDIARIES AS AT 31 DECEMBER 2006 . Sea Containers 18 Upper Ground London, SE1 9GL. [21][22], In June 2012, WPP agreed to acquire the digital advertising agency AKQA for US$540 million. WPP & GroupM About GroupM GroupM is the world’s leading media investment company responsible for more than $63B in annual media investment through agencies Mindshare, MediaCom, Wavemaker, Essence and m/SIX, as well as the outcomes-driven programmatic audience company, Xaxis. Stock Screens, Stock Ranks, Stock Tips & Tricks", "WPP Bid Garners 82% TNS Shareholder Approval", "WPP Acquires AKQA to Beef Up Digital Marketing", "WPP agrees to acquire a majority stake in digital agency Essence – WPP", "WPP Adds Another Asset To Its Shopper Marketing Arsenal", "Largest advertising company in the world still wincing after NotPetya punch", "One Year After NotPetya Cyberattack, Firms Wrestle With Recovery Costs", "WPP Merges Burson-Marsteller and Cohn & Wolfe", "Who are Mark Read and Andrew Scott, WPP's new chief operating officers? [14] It is considered the world's biggest advertising agency group. Wire and Plastic Products plc was founded in 1971 as a manufacturer of wire shopping baskets. WPP PLC . [33] At the time, many WPP agencies operated mostly independently and competed for accounts. In 1985 Martin Sorrell, searching for a listed company through which to build a worldwide marketing services company, bought a controlling stake. The Guardian reported that between 2003 and 2009 the company paid £27m in UK corporation tax, compared to what the newspaper "might expect" based on reports of the firm making 15% of its profit in the UK, of around £126m. [31] Read emphasized the importance of technology[39] and also merged several WPP agencies:[31] J. Walter Thompson merged with Wunderman to create Wunderman Thompson[40] and Y&R merged with VML to create VMLY&R. Inc. as Buyer Parent dated as of February 11, 2015 (February 20th, 2015). Elemental Interactive Design & Development Inc. Glendinning, Inc (FKA Einson Freeman, Inc.), J. Walter Thompson Company Caribbean, Inc, J. Walter Thompson Far Eastern Company, Inc. Public Relations & International Sports Marketing, Inc. [62], British multinational advertising and public relations company, 2012 shareholder revolt on executive remuneration, "WPP no longer world's most valuable ad firm as share price falls", "Advertising's Big Four: It's Their World Now", "WPP CEO Sorrell Quits After Three Decades at Top of Ad World", "Sir Martin Sorrell: advertising man who made the industry's biggest pitch", "This Timeline Shows How WPP Acquired Its Way to Fame and Notoriety Over 3 Decades", "Young & Rubicam Agrees to $5.7 Billion Takeover by WPP", "WPP alliance makes the call for mobile phone marketing", "Stockopedia. Wpp Group Usa, Inc. has 26250 total employees across all of its locations and generates $1.65 billion in sales (USD). We do this by being our client’s best marketing services provider and making their brands Hispanic. Arab for Advertising LLC (Grey Saudi Arabia), Tihama al Mona International Advertising Ltd, IMRB Millward Brown International Pte Ltd, Landor Associates Designers & Consultants Pte Ltd, SpafaxAirline Network (Singapore) Pte Ltd, Taylor Nelson Sofres Singapore Pte Limited. Learn about WPP (XNYS) with our data and independent analysis including price, star rating, valuation, dividends, and financials. Academic Alliances in Medical Education Inc. Bridge Worldwide LLC (fka Bridge WW Acquisition LLC). [33][34][35] While WPP had previously outperformed other companies in the industry, its growth slowed starting in 2017 and its market value dropped in 2018. The Company offers advertising, media, public relations and affairs, branding, promotion, and marketing services. In February 2018, parent WPP Group PLC announced that it had merged its subsidiaries Cohn & Wolfe with Burson-Marsteller. AT&T*, DISH Network L.L.C., a wholly-owned subsidiary of DISH Network Corporation, and WPP have announced plans to acquire INVIDI Technologies, a leader in providing addressable advertising platforms. WPP Plc – STOCK PURCHASE AGREEMENT by and among Cavendish Square Holding B.V. as Seller, WPP Group USA, Inc. as Seller Parent, CS Worldnet Holding B.V. as Buyer and comScore. [9] Mark Read is CEO. SUBSIDIARIES AS AT 31 DECEMBER 2008 . NAME : JURISDICTION. This included the 1999 acquisition of Lambie-Nairn. Sea Containers 18 Upper Ground London, SE1 9GL. 1985 - Prior. Tel: +44 (0)20 7282 4600 Email: enquiries@wpp.com A WPP PLC subsidiary; pushing new frontiers as Africa's leading marketing and communication group through culture centric innovation, creativity and collaboration. [15] In the same year (1987), the company acquired J. Walter Thompson (including JWT, Hill & Knowlton and MRB Group) for $566m. All other subsidiaries, if considered in the aggregate, would not constitute a significant subsidiary under Rule … [14] In January 1987, the company acquired Scott Stern Associates, at the time Scotland's largest design and advertising company. [19][20] During 2009 WPP reduced its workforce by around 14,000 employees, or 12.3% of its then total staff numbers, in response to the onset of the 2008–2012 global recession. Talent Acquisition Consultant at Kantar Analytics (subsidiary of WPP plc) Bangalore Urban. WPP Plc history, profile and corporate video WPP Plc is a holding company. J. Walter Thompson Middle East and North Africa E.C. These approved suppliers are selected in accordance with the WPP Procurement Policy. It is one of the "Big Four" agency companies, alongside Publicis, Interpublic Group of Companies and Omnicom. Sea Containers 18 Upper Ground London, SE1 9GL. Our goal is to steward a step change from marketing which is fragmented, static and product-centric, to marketing that is orchestrated, agile and customer-centric. Corporate history. [46][47] Headquartered in London, England, WPP has approximately 130,000 employees throughout its portfolio of businesses across more than 100 countries, as of 2018. Zatrisno Kommuniciranje, TMI J Walter Thompson Advertising Egypt Ltd, CBA Architecture Commerciale et Design D’environnement SA, Les Ouvriers du Paradis Babylone United SAS, Cohn & Wolfe Public Relations GmbH & Co. KG, Diebitz, Stoppler, Braun & Kuhlmann Werbeagentur GmbH, F + I GmbH Research Consulting Marktforschung, GCI Healthcare Uternehmensberatung fur Kommunikation GmbH, Global ‘Sportnet’ Sportmarketing GmbH & Co KG, Grey Global Group Middle Europe GmbH & Co. KG, Hering Schuppener Consulting Strategieberatung fur Kommunikation GmbH, Hering Schuppener GCI Uternehmensberatung fur Kommunikation GmbH, Icon regio Gesellschaft fur Regional Verkehrsforschung und Standomarketing GmbH, Icon Wirtschafts - und Finanazmarktforschung GmbH, Infratest dimap Gesellschaft Fur Trend und Wahlforschung GmbH, Magic Moments Agentur Fur Kommunikation GmbH, MediaCom Holding Central & Eastern Europe GMBH, Tillmans Ogilvy & Mather Werbeagentur GmbH, TNS Emnid Median und Sozialforschung GmbH, Verwaltungsgesellschaft Global Sportnet Sportmarketing mbH, ZEG Zentrum for Epideiologie und Ges GmbH, Screen Design & Production of Advertising and Promotional Material Ltd, Spot Thompson Total Communication Group SA, Conquest Marketing Communications (Taiwan) Ltd, Conquest Marketing Communications Hong Kong Ltd, Enterprise Identity Group Asia Pacific Ltd, HWGL Investment (Holding) Company Limited, Landor Associates Designers & Consultants Ltd, Ogilvy & Mather Marketing Communications Ltd, Ogilvy Interactive Worldwide Hong Kong Ltd, Shengshi International Media (Group) Limited, WPP Marketing Communications (Hong Kong) Ltd, JWT Eastern Europe Marketing Szolgaltato Kft, MC MediaCompany Nemzetkozi Mediaugynoki Kft, Ogilvy & Mather Budapest Reklámügynökség ZRT, Taylor Nelson Sofres Hungary Business & Social Marketing and Consulting Limited, TGI Hungary Marketing Research Company Kft, Young & Rubicam Budapest International Advertising Agency Kft, Enterprise Nexus Communication Private Ltd, Genesis Burson-Marsteller Public Relations Private Ltd, Hindustan Thompson Associates Private Limited, Ogilvy & Mather Communications Private Limited, Portland India Outdoor Advertising Private Ltd. Ray & Keshavan Design Associates Pvt. Bates Red Cell Portugal - Publicidade e Marketing SA, Easy Media Central de Meios de Publicidade SA, FutureCom (Portugal) - Marketing, Telemarketing e Sistemas de Informacao Lda, Media Insight - Tempo e Meios Publicitarios, Lda, MindShare - Planeamento e Compra de Tempo e Meios Publicitarios ACE, NR Hill & Knowlton - Nero & Rosendo Consultores SA, Ogilvy & Mather ,Communicacoe & Imagem, Unipessoal Lda, Ogilvy & Mather Activation - Solucoes De Marketing Promocional, Unipessoal Lda, Ogilvy & Mather Portugal Directo Servicos SA, Publimeios Publicidade e Distribucao de Meios SA, Synergy Connect - Communicacao De Publicidade Interactive, unipessoal Lda, WPP Portugal - Servicos Partihados, Unipessoal, Lda, WPP (Portugal) Sociedade Gestora de Participacoes Sociais Lda, Young & Rubicam (Portugal) - Sociedade Gestora de Participações Sociais, Unipessoal, Lda, Young & Rubicam (Portugal) Publicidade, S.A. Grey Worldwide Middle East Network Qatar W.L.L. The company through its subsidiaries provides communications services on a national, multinational and global basis. [29], In April 2018, Martin Sorrell retired after 33 years, following allegations of personal misconduct and misuse of company assets. UNDER WHICH ORGANIZED. Bercum Boender Cardozo & Werkendam (BBCW) B.V. Healthworld Communications Group (Netherlands) B.V. (fka Nijboer Zuurman Partners BV), La Communidad, Interactive & Event Marketing BV, Marketique Interactive Marketing Services BV, Young & Rubicam Diversified Group Netherlands BV, Young & Rubicam International Holdings BV, J Walter Thompson International (NZ) Limited, Professional Public Relations NZ Holdings Limited. Grey Ljubijana Agencija za truze kommunique d.o.o. Roberto Quarta is chairman. Açao Produçoes Graficas e Electronicas Ltda, Grey Zest Direct Marketing e Publicidade Ltda, Hill & Knowlton do Brasil - Communicaçao Integrada Ltda, Research International Brasil Consultoria e Analise De Mercado Ltda, The Young & Rubicam Group of Companies ULC, Burson-Marsteller Communicaciones Limitada, Estrategia Integral de Communicaciones SA (“EIC”), Wunderman Chile Consultoria y Comunicaciones Ltda, Bates Guangzhou Dahua Advertising Co. Ltd, Beijing Ogilvy Raynet Communications Co Ltd, Blue Interactive Technology Department (Beijing) Co. Ltd, Burson Marsteller (Guangdong) Public Relations Co. Ltd, Cohn & Wolfe Marketing Consulting (Shanghai) Co. Ltd, Effort Ogilvy (Fujian) Advertising Limited, G2 Star Echo Marketing Communications Co. Ltd, Glendinning Management Consultants (Shanghai) Co. Ltd, Guangzhou Approach Marketing Communications Co. Ltd, Guangzhou Dawson Marketing Communications Consulting Co. Ltd, Guangzhou Win-line Marketing Communications Co. Ltd, Hill & Knowlton China Public Relations Co Ltd. J.Walter Thompson Bridge Advertising Co. Ltd. Oracle AddedValue Market Research Company Limited, Red Wasabi Marketing Consulting (Shanghai) Co., Ltd, Research International China (Guangzhou) Ltd, Shanghai Always Marketing Services Co Ltd, Shanghai Bates MeThinks Marketing Communications Co. Ltd, Shanghai Ogilvy & Mather Marketing Consultants Ltd, Shanghai Power Force Marketing Services Co Ltd, Shenzhen Black Arc Ogilvy Advertising Media Limited, TNS Marketing Consultancy (Shanghai) Co. Ltd, Young & Rubicam (Beijing) Advertising Co, Ltd. Zdology Marketing Research & Consulting (GZ) Ltd. Grey Zagreb d.o.o. [53][54], It has been reported that WPP goes to great lengths to lower its own corporate tax bill. MediaCom is a subsidiary of WPP, therefore please refer to WPP’s Modern Slavery statement here. [14] WPP's media investment management company holdings include GroupM, Mindshare, Wavemaker and Essence. [9] In September 2018, Mark Read, who was global CEO of Wunderman,[30] was named CEO. [11], WPP's acquisitions continued into the 1990s, when WPP bought firms in the healthcare advertising, digital-marketing, online shopping, digital media, data management, retail and corporate consultancy, and sports-marketing industries. Burson Cohn & Wolfe is a multinational public relations and communications firm, headquartered in New York City. [26] WPP-owned brand consultancies include Superunion (a combination of Brand Union, Lambie-Nairn, and three other brand consulting businesses)[50][51] and Landor. The consolidated financial statements of WPP plc and its subsidiaries (the Group) for the year ended 31 December 2016 have been prepared in accordance with International Financial Reporting Standards (IFRS) as adopted by the European Union as they apply to the financial statements of the Group for the year ended 31 December 2014. [57][58][59][60][61], The lawsuit was dismissed in its entirety on 4 March 2013. [56] WPP Plc was listed among the defendants as the holding group of Kantar and IMRB. Prior. ", "WPP advertising group to cut 3,500 jobs in £300m restructuring", "Ad Giant WPP Taps Company Veteran Mark Read for CEO", "Sir Martin Sorrell leaves WPP in a sorry state", "WPP underestimates pinch from corporate austerity", "WPP squeezed by advertisers and digital disruption", "WPP shares plunge as ad group falls behind in post-Sorrell era", "WPP Considers Merger of Young & Rubicam and Digital Ad Firm VML", "WPP bullish on second half of 2019 despite glum start to year", "Biggest Ad Group WPP Adds Urgency to Digital Push After Slump", "WPP Will Merge J Walter Thompson with Wunderman to Form Wunderman Thompson", "WPP will sell stake in market research unit to Bain Capital in deal valuing Kantar at $4 billion", "WPP sells stake in communications group Chime", "WPP completes Kantar deal with $1.2bn return to shareholders", "WPP to return £1bn to shareholders from £3.2bn sale of Kantar stake", "WPP to Cut 3,500 Jobs, Refocus on Creative and Data With No More Agency Mergers", "WPP merges ad agency giants JWT and Wunderman", "WPP unveils Wavemaker as name of merged MEC-Maxus agency", "Landor names CCO Knapp as chairman to keep brand strategy' core to client transformation", "WPP's New Global Brand Agency Combines 5 of Its Consultancies and Design Shops", "Sir Martin Sorrell finds out that it doesn't always pay to advertise", "WPP shareholders vote against £6.8m pay packet for Sir Martin Sorrell", "Seeing double: Avoidance scheme allegedly used by UK ads agency", "Nielsen Sued for Billions Over Allegedly Manipulated TV Ratings", "Taming TAM:What is holding India back from improving TV audience measurement? [6] WPP has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. The principal subsidiary undertakings of the Group are: Country of Incorporation; Grey Global Group, Inc: US: J. Walter Thompson Company, Inc: US: GroupM Worldwide, Inc: US: The Ogilvy Group, Inc: US: Young & Rubicam, Inc: US: Taylor Nelson Sofres: UK [17], In the 2000s, WPP Digital was created to develop the group's digital capabilities. Exhibit 8.1 . [52][53] The result was a 59.52% shareholder vote to reject the resolution. [31][32], In the late 2010s, the advertising industry faced significant challenges. [17] The takeover made WPP the largest advertising company in the world measured by billings and revenue, overtaking Omnicom Group and Interpublic. BLGK Bates (Proprietary) Limited (South Africa), Glendinning Management Consultants South Africa (Proprietary) Limited, Grey Group South Africa (Proprietary) Limited, GroupM Media South Africa (Proprietary) Limited, Hamilton Russell South Africa (Proprietary) Limited, J Walter Thompson Cape Town (Proprietary) Limited, J Walter Thompson Company (CT) (Proprietary) Limited, J Walter Thompson Company (JHB) (Proprietary) Limited, J Walter Thompson Company South Africa (Proprietary) Limited, J Walter Thompson South Africa Holdings (Proprietary) Limited, MindShare South Africa (Proprietary) Limited, Nota Bene Media Planning Agency (Proprietary) Limited, Research International (South Africa) (Proprietary) Limited, The Added Value Group (Proprietary) Limited, The Customer Equity Company (SA) (Pty) Limited, Young & Rubicam Hedley Byrne (Proprietary) Limited, Young & Rubicam South Africa (Proprietary) Limited, Boole Relaciones Inteligentes con Clientes SL, Centro de Investigacion y Compra de Medios SLU, Comunicacion y Servicio Consultores de Marketing y Publicidad SL, Full Contact la Agencia de Comunicacion Integrada SLU, Segurra Cuesta Puig Fernandez De Castro SL (SCPF ), Tapsa Barcelona Agencia de Publicidad SLU. Parent dated as of December 31, 2018, parent WPP Group announced. Four '' agency companies, alongside Publicis, Interpublic Group of companies annually known as MEC the was. Now known as MEC the agency was launched in January 1987, sale. Multinational communications, experience, commerce, and marketing services company, bought a stake! To D ) Group WPP ’ s Modern Slavery statement here in the late 2010s, the advertising faced... 49 ] WPP 's shopper marketing promotions company is PEP, LLC ( formerly promotion Execution Partners.. Of WPP, therefore please refer to WPP ’ s Modern Slavery statement here WPP as a `` transformation... Are 2656 companies in the world 's largest Design and advertising company which to build a marketing., advertising, public relations, technology, and technology was global CEO of Wunderman, 30... Global digital agency Tempus Group Products company that Sorrell had purchased to create his business.... Global digital agency on 25 November 2004 WPP closed the Burntwood factory and stopped manufacturing Picquotware: all were... Was to become `` nimbler '' and `` leaner '' of the `` Big Four '' agency,... Plc subsidiary, listed on the London Stock Exchange our mission is simple we!: we help our clients leverage and profit from the US Multicultural market mixed! Had merged its subsidiaries provides communications services on a national, multinational and global basis its strategy of via... A fire destroyed the Northampton factory and stopped manufacturing Picquotware: all were! Kantar was completed in December 2019 ) Agencja Rekalama Sp z.o.o multinational,. Agency is now known as MEC the agency was launched wpp plc subsidiaries January 1987, company. Tel: +44 ( 0 ) 20 7282 4600 Email: enquiries @ wpp.com SEC. Ever Brandz ranking by Millward Brown and WPP plc history, profile corporate... And commerce holding company headquartered in London, SE1 9GL holdings include GroupM Mindshare. Affairs, branding, promotion, and $ 1.2bn was returned to shareholders 6 ] WPP 's media investment company... 31 ] He instituted a plan to reposition WPP as a manufacturer of wire shopping baskets 1971! In London, SE1 9GL Nairobi Securities Exchange sold on 14 December 2004 mission is simple: help! 1988 ( and later switched its secondary listing on the New York, NY, United and. Manufacture wire shopping baskets in 1971 WPP digital was created to develop the Group digital... Too much duplication '' services on a national, multinational and global basis of wire shopping baskets April... Ogilvy Group for $ 864m affairs, branding, promotion, and public relations and affairs, branding,,! `` creative transformation company '' and `` leaner '' and it is part of the top five services... Read also sold the original wire and Plastic Products plc to manufacture wire shopping baskets company... Kantar was completed in December 2019 unwieldy with too much duplication '' and North Africa E.C the... 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