Friday, June 27, 2008

McKinney Buys Back Agency From Havas

http://biz.yahoo.com/prnews/080626/ukth009.html?.v=101

"We've enjoyed a very cordial and autonomous working relationship with Havas and are proud of the contributions we have delivered to them," said Brad W. Brinegar, McKinney chairman and CEO. "But we have long wished to be able to compete as an independent agency, and we were thrilled when this opportunity presented itself."

http://www.adweek.com/aw/content_display/news/agency/e3i21c2a612a4549e5b83126fbad24d910a?pn=1

McKinney's estimated revenue in 2007 was $25 million, down almost 35 percent from the previous 12-month period, based mainly on those two client departures. Roughly 35 percent of the McKinney's revenue derives from its digital operations.