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Stagwell announces goal to increase 2025 ad spend in news media by 22% y/y

https://www.tipranks.com/news/the-fly/stagwell-announces-goal-to-increase-2025-ad-spend-in-news-media-by-22-y-y

Stagwell (STGW) announced its commitment to increase 2025 ad spend in news by 22% year-over-year. This announcement is timed to Stagwell’s second annual Future of News UK summit and the release of new data revealing EMEA CEOs and Board Directors view news as a powerful medium to reach key stakeholders. “At Stagwell, we believe supporting trusted journalism isn’t just good for society – it’s smart business,” said Mark Penn, Chairman and CEO of Stagwell. “The data continues to back that up, which is why we’re doubling down on our commitment with a significant increase in news ad spend for 2025.”

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