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Omnicom's BBDO Invests in China's Shunya Communications Group BEIJING, Jan. 6 /PRNewswire-FirstCall/ -- Omnicom Group, the world'sleading advertising and marketing services company, is taking a significant minority stake in China's Shunya Communications Group through BBDO. Shunya is one of China's leading integrated communications companies. The investment by BBDO represents a further strengthening of Omnicom's position in China's dynamic communications industry. Omnicom Group Inc. ("Omnicom") (NYSE: OMC) today announced a significant minority investment in China's Shunya Communications Group ("Shunya") through BBDO. Under the agreement, Shunya's four principal operating agencies -- Shunya International Ad Inc., Shunya Profuture Events Marketing Inc., Shunya International PR Inc. and Shunya PR Inc. -- will, subject to final regulatoryapproval, become a part of Omnicom's BBDO, Proximity, Porter Novelli and Pleon respectively. Michael Birkin, Omnicom's Vice Chairman and Chairman and CEO Asia Pacific,said, "Shunya is well recognized as a leading creative agency and certainlythe strongest integrated communications group in China. For all our clients,having such a powerful resource in the Omnicom Group in China is great news." Shunya's founder and Chairman, David Zhang, commented, "Since the establishment of Shunya in 1999, we have grown xponentially. The partnership with Omnicom will take us to yet another level through our investment in talent development, client experience and business innovation. We are particularly excited to be associated with the outstanding creative reputations of BBDO, Proximity, Porter Novelli and Pleon." Serge Dumont, Omnicom's Senior Vice President and President Asia Pacific,said, "The pace of development of China's advertising and communicationsindustry over the last few years has been nothing less than remarkable, and we have witnessed the emergence of significant Chinese communications groups,such as Shunya. This partnership is particularly meaningful as top-quality marketing and communications services become increasingly important for multinational companies in China and Chinese companies expanding abroad. It also allows BBDO, Proximity, Porter Novelli and Pleon to tap into Shunya's comprehensive network in China's interior provinces, which are a key priority to our clients." About Omnicom Group Inc. About Shunya Communications Group Founded in 1999, Shunya is known as one of the leading integrated communications groups in the Chinese market. Shunya provides professional business communications services in advertising, public relations, event management, marketing services and interactive business. Shunya is headquartered in Beijing with branch offices in Shanghai, Guangzhou, and Chengdu with nearly 500 professionals. About BBDO BBDO Worldwide, a member of Omnicom Group Inc., has 287 offices in 79 countries.? BBDO develops and executes marketing and communications plans for some of the world's best known brands.? In 2007, BBDO was named the winner of The Gunn Report as the most awarded agency network in the world for the second year in a row, and was named the first ever "Network of the Year" at Cannes.¡¡¡¡BBDO was also the winner of the Won Report, as the most awarded agency network in direct and interactive. BBDO Asia Pacific (www.bbdoasia.com), part of BBDO Worldwide, operates in14 countries throughout Asia.? From 2004 to 2006, BBDO Asia Pacific wonCampaign Brief Agency of the year, and was the most awarded agency for printand TV at Adfest in 2006. About Pleon Pleon (www.pleon.com) is Europe's leading international consulting firm,creating and implementing strategies for private and public sector organizations around the world. With a deep understanding of business,politics and communications, Pleon is uniquely placed to devise compelling solutions that deliver measurable and tangible results. Blending the best of local market knowledge and leadership with global resources and best practice,Pleon provides a one-stop resource for communications in Europe. Pleon wasnamed 'European Agency of the Year' according to the Holmes Report 2008. The agency has 31 branded offices in 15 European countries and associate agencies in 14 countries across Europe, Middle East and Africa. Pleon is part of the Brodeur/Pleon Worldwide network with a presence throughout the United States,Asia Pacific and Latin America. About Porter Novelli Porter Novelli is one of the world's leading public relations agencies and is represented in all major markets.? With a focus on effective stakeholder communications and adopting a holistic, media-neutral approach, Porter Novelli develops public relations programs that deliver value and impact to its clients' business.? Porter Novelli was founded in Washington, D.C., in 1972. About Proximity Proximity Asia (www.proximityasia.com) is a leading direct and promotional marketing and corporate communications company of BBDO Worldwide. As a leader in direct, digital, promotional, and live marketing, Proximity Asia provides award-winning communications solutions in more than 8 countries throughout Asia.? Proximity was ranked No. 1 CRM agency in the world by The Won Report for two consecutive years, 2004-2005. SOURCE Omnicom Group Inc. |
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