THE INTERPUBLIC GROUP OF COMPANIES, INC.

(IPG)
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Delayed Nyse  -  05/19 04:00:02 pm EDT
30.71 USD   -1.95%
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IPG Mediabrands Strikes Exclusive Deal with NewsGuard to Go Beyond Website Ratings to Rate Individual Cable and Broadcast TV News Shows

12/02/2021 | 09:03am EDT

As Misinformation and Disinformation Become a Greater Concern among Viewers, New Service Will Allow Advertisers to Identify Responsibly Reported Programming across Both Digital and Linear, Protecting Brand Safety While Supporting Quality Journalism

IPG Mediabrands today announced an agreement with NewsGuard where it will expand its existing partnership with NewsGuard that empowers responsible digital programmatic advertising into a pre-planning capacity as well as co-creating the first-ever tool to evaluate and rate individual broadcast and cable news programs and networks. This tool goes beyond NewsGuard’s current offering of reliability ratings for news and information websites, giving advertisers greater insight before they invest their media dollars. The new rankings will encompass 117 shows on 27 networks and will launch in spring 2022, in time for the Upfronts, as an exclusive offering for Mediabrands’ clients.

“In this age of misinformation and disinformation, one of the most important things we can offer our clients is greater assurances that their media dollars are not supporting misleading content,” said Dani Benowitz, President, U.S., of MAGNA, Mediabrands’ leading global media investment and intelligence company. “NewsGuard is rapidly earning trust among viewers as an unbiased evaluator of news networks and sites. We are excited to be supporting NewsGuard as it goes one step further and rates the programs themselves.”

“Mediabrands has been visionary in guiding its clients to responsible advertising, and we’re pleased to be partnering with them in this next trailblazing initiative to complete that vision,” said NewsGuard Co-CEO Steven Brill.

Currently, under an agreement providing its clients with discounted rates for using NewsGuard’s data, Mediabrands recommends websites including those of networks that score 85% or higher on NewsGuard’s reliability ratings scale of nine credibility and transparency criteria, creating a “nutrition label” for news, surpassing the 60% grade that NewsGuard requires to earn its green checkmark of approval. Recognizing that some programs on cable news, for example, are more journalistically vetted than others, the program-by-program ratings will give advertisers more options to consider.

“Our team of experienced journalists with diverse backgrounds brings a determinedly apolitical and transparent approach to ratings of news outlets,” said Gordon Crovitz, Co-CEO of NewsGuard. “We are gratified to have a partner in Mediabrands as we expand our mission of rating the trustworthiness of news sources now to include the assessment of the spectrum of TV news, from morning shows to nightly, host-driven opinion programs. With this expansion of our partnership, Mediabrands, which has already made NewsGuard’s services for programmatic advertising available to its clients, now becomes a leader in providing brands with responsible advertising assurance across a full range of advertising venues and media.”

Mediabrands’ 2021 report, The Dis/Misinformation Challenge for Marketers, detailed how unsupported opinions masquerading as news on social networks were a growing concern for consumers and advertisers alike. It recommended advertisers use services such as NewsGuard to identify news outlets that presented reliable, carefully sourced information.

Mediabrands entities UM, Initiative and MAGNA will be working together with NewsGuard on this new exclusive deal. For more information please contact comms@mbww.com.

ABOUT IPG MEDIABRANDS:

IPG Mediabrands is the media and marketing solutions division of Interpublic Group (NYSE: IPG). Mediabrands manages approximately $40 billion in marketing investment globally on behalf of its clients and provides strategic services and solutions across its award-winning, full-service agency networks UM and Initiative and through its innovative marketing specialist companies Reprise, MAGNA, Orion, Rapport, Healix, Mediabrands Content Studio and the IPG Media Lab. Mediabrands clients include many of the world’s most recognizable and iconic brands from a broad portfolio of industry sectors. The company employs more than 13,000 marketing experts in more than 130 countries representing the full diversity of humanity. For more information, please visit our website: www.ipgmediabrands.com and be sure to follow us on LinkedIn, Twitter or Instagram.

ABOUT NEWSGUARD:

Launched in March 2018 by media entrepreneur and award-winning journalist Steven Brill and former Wall Street Journal publisher Gordon Crovitz, NewsGuard provides credibility ratings and detailed “Nutrition Labels” for thousands of news and information websites. NewsGuard rates all the news and information websites that account for 95% of online engagement across the U.S., U.K., Germany, France, and Italy. NewsGuard’s ratings are conducted by trained journalists using nine apolitical criteria of journalistic practice, including whether a site repeatedly publishes false content, whether it regularly corrects or clarifies errors, and whether it avoids deceptive headlines. Technology companies, content platforms and others license NewsGuard’s ratings to help identify credible information sources and avoid misinformation. Advertisers, advertising agencies and ad-tech companies license NewsGuard’s Responsible Advertising for News tools to ensure brand safety for programmatic advertising. NewsGuard’s ratings for individual cable and television news shows will launch exclusively as a tool for advertisers through IPG Mediabrands. For more information, visit newsguardtech.com.


© Business Wire 2021
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Financials (USD)
Sales 2022 9 540 M - -
Net income 2022 979 M - -
Net cash 2022 637 M - -
P/E ratio 2022 12,3x
Yield 2022 3,75%
Capitalization 12 089 M 12 089 M -
EV / Sales 2022 1,20x
EV / Sales 2023 1,14x
Nbr of Employees 56 800
Free-Float 99,5%
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Philippe Krakowsky Chief Executive Officer & Director
Ellen T. Johnson Chief Financial Officer & Executive Vice President
David M. Thomas Independent Non-Executive Chairman
Patricia Hinerman Chief Information Officer
Jocelyn E. Carter-Miller Independent Director
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