ascential
Oct 31, 2023
Omnicom makes biggest ever acquisition with $900 million deal for Ascential’s Flywheel
US agency group buys digital commerce business from owner of Cannes Lions
Dec 16, 2021
Ascential sells Michael Kassan’s MediaLink to talent agency giant UTA for $125m
Cannes Lions owner bought media consulting firm in 2017
Jan 15, 2021
Cannes Lions will go ahead in person, organisers confirm
Event was cancelled last year due to the coronavirus pandemic
Nov 09, 2020
Advertising and media stocks surge after effective vaccine trial
Cinema and events businesses were among the biggest risers
Feb 26, 2019
Ascential reports revenue decline at Cannes Lions and MediaLink
Revenue at Ascential's marketing division fell 8% in 2018, while Ebitda dropped by almost a fifth.
Jul 26, 2017
Cannes Lions revenues up 7 percent in 2017 despite delegate decline
Principal revenue streams for the festival are delegate passes and award submissions followed by partnerships and digital, with a small chunk coming from hotel room booking commissions.
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