Close

Press Archive

Obama had it right — a circular firing squad is on the way

President Barack Obama was right to warn the Democratic Party that, unless it reshapes its course, it may create a circular firing…

Howard Schultz Says He Can Unite

Apr 3, 2019 Former CEO and Chairman of Starbucks, Howard Schultz, has been making headlines while he explores a run for the White …

Mark Penn: Fixing the special counsel statute in 10 not-so-easy steps

After three major independent and special counsel investigations — one which ended in the resignation of a president, one which …

Former Clinton adviser says Democrats risk backlash if they don’t accept Mueller findings and move on

Democrats risk a voter “backlash” if they don’t accept the Mueller report’s no-collusion finding with regard to Russia and…

The Steele/Mueller nightmare is over … and should be

“Our long national nightmare is over,” as was said in 1974 — but this time it ends far closer to vindication than to resigna…

Alexandria Ocasio-Cortez driving a disconnect between the Democratic Party and voters?

Mar. 21, 2019 – 7:57 – Stagwell Group President Mark Penn on the economy under President Trump and Rep. Alexandria Oca…

Stagwell Group invests $100m into MDC Partners as Mark Penn takes CEO role

The Stagwell Group has made a $100m strategic equity investment into marketing and communications network MDC Partners. The agreem…

Breakfast Briefing: Five things to know Friday

It’s official; Mark Penn of Stagwell Group will become CEO of MDC. The Wall Street Journal reports that Penn’s company, the St…

MLB PLANS SHORTER BASEBALL AD BREAKS, AND MDC PARTNERS (FINALLY) CHARTS A PATH: FRIDAY WAKE-UP CALL

Welcome to Ad Age’s Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. You can get an audio …

Stagwell Group Reportedly Agrees to $100 Million Investment in MDC Partners

Stagwell Group, the self-described holding company alternative founded by former Microsoft executive Mark Penn in 2015, has report…

Stagwell Group Makes $100 Million Investment in MDC Partners

MDC Partners Inc. has entered into an agreement with The Stagwell Group pursuant to which Stagwell, a private equity firm that man…

MDC Partners stock soars after investment, new CEO

MDC Partners Inc. MDCA, -2.15% shares rose 31% premarket to $2.65 after the company received a strategic investment and named a ne…

Mark Penn Takes Command of MDC

Mark Penn has assumed the helm of MDC Partners as his Stagwell Group agrees to pump a $100M equity infusion into the financially s…

Stagwell Group To Invest $100 Million In MDC Partners

The Stagwell Group, a private equity firm that manages investments in new media and digital marketing services, today announced it…

MDC Partners: 4Q Earnings Snapshot

NEW YORK (AP) — MDC Partners Inc. (MDCA) on Friday reported a fourth-quarter loss of $81.6 million, after reporting a profit in …

MDC Partners misses on revenue

MDC Partners (NASDAQ:MDCA): Q4 GAAP EPS of -$1.46. Revenue of $393.66M (-2.3% Y/Y) misses by $0.44M. Shares +33% PM.

32 Stocks Moving In Friday’s Pre-Market Session

MDC Partners Inc. MDCA 2.15% shares rose 30.5 percent to $2.65 in pre-market trading after the company reported Q4 results. MDC Pa…

MDC Partners Reports 2.5% Annual Revenue Drop But Still Claims Best New Business Quarter in Two Years

New CEO Mark Penn voices confidence in ‘flagship’ agencies One day after confirming a $100 million investment from Mar…

MDC Partners Begins The Mark Penn Era

It’s official: Mark Penn is MDC Partners new CEO, a role Penn agreed to take on as his own burgeoning holding company Stagwell G…

MDC names new CEO amid slipping revenues

MDC Partners has received a $100 million dollar investment from Stagwell Group as it names Mark Penn as its new CEO and releases i…