MAM
IPG Q2 net down 2.65%
MUMBAI: Global media communications group Inter Public Group (IPG) has reported a 2.65 per cent fall in its net income in the second quarter ended 30 June 2012.
IPG‘s net income during the second quarter was $99 million against $101.7 million a year earlier.
Its revenue in the second quarter too were down by a marginal 1.15 per cent. Its revenue in the quarter were $1.72 billion against $1.74 billion a year earlier.
Its organic revenue grew by just 0.8 per cent compared to a year earlier, weighed down by account losses in the US. While the group‘s organic revenue increased by six per cent internationally, it decreased by 3.2 per cent in the US.
For the first half of 2012, IPG‘s revenue was flat at $3.22 billion compared with $3.21 a year earlier. IPC‘s organic revenue increased by 1.7 per cent in the first six months compared to a year earlier. IPG‘s net income for the first six months of 2012 was $53.1 million as against $53.6 million a year earlier.
IPG chairman and CEO Michael Roth said, “Our organic revenue growth, which was 0.8% in the second quarter and 1.7% in the first half, reflects strength in high-growth international markets, digital and marketing services, as well as revenue headwinds that we‘d previously indentified.”
The global economic situation remains uncertain, which will require vigilance as we move through the balance of the year, Roth said. “We are nonetheless targeting stronger growth in the second half, in order to achieve our full year 2012 objective of 3 per cent organic revenue growth.”
AD Agencies
WPP Media elevates Dipti Gulati to vp, client growth for APMEA
Singapore-based executive to commercialise AI-powered solutions business across the region
SINGAPORE: WPP Media has promoted Dipti Gulati to vice president, client growth, handing her the mandate to lead the commercialisation of its solutions business across APMEA.
Based in Singapore, Gulati steps up after serving as senior director, client growth, where she drove expansion across APAC spanning programmatic, search, social, CTV, DOOH and cross-channel offerings. Now, she is tasked with translating advanced AI, data and technology ecosystems into scalable growth strategies for global brands across FMCG, luxury, F&B and financial services.
“I commercialise the future of media — at scale, across APMEA,” Gulati said, announcing her appointment. She added that she turns advanced data, AI and technology ecosystems into real commercial outcomes, shifting the conversation “from a pure media play to owning business outcomes”.
Her brief is unapologetically future-facing: addressable, accountable and AI-powered media. She will work with cross-market teams across APMEA, bringing together diverse perspectives and cultures to accelerate growth and build what she calls the “future of media”.
Gulati’s rise caps nearly two years at WPP Media and follows a six-month stint as regional director of growth, APAC, at Mindshare, where she led new business development and expanded capabilities for existing clients. Earlier, as global account director for integrated marketing communications on the Unilever business, she drove communications strategy for multi-million dollar beauty and wellbeing brands across Southeast Asia.
Before that, Gulati spent close to two years as associate director at Warner Bros. Discovery in Singapore. She also served as director, strategic partnerships and market development at TrustSphere, leading go-to-market and growth initiatives across Asia and evangelising relationship analytics to C-level executives. TrustSphere, credited by industry and Harvard Business School case studies as a pioneer in relationship analytics, became a springboard for her deeper engagement with data-driven growth.
Her board and evangelist roles at the Asia Cloud Computing Association and its Asia Analytics Alliance further sharpened her regional policy and analytics credentials. Earlier chapters include marketing consultancy at Blockchain Foundry and a seven-year run at Warner Bros. Discovery in India, where she led ad-sales and business development for HBO and WB across north and east India, delivering record billings. She began her career at Diligent Media Corporation Ltd and Bennett, Coleman and Co. Ltd..
From ad-sales floors in Delhi and Mumbai to boardrooms in Singapore, Gulati’s arc mirrors the industry’s own shift — from selling spots and slots to engineering outcomes through data and AI. At WPP Media, the brief is clear: scale smarter, move faster and turn algorithms into advantage.
