Not only could the film continue to bolster funny women in Hollywood (there are a good number of them that go under-appreciated, as far as I’m concerned), but it will likely do good things for Diaz.
Posts Tagged ‘Cameron Diaz’
Earlier this week we reported on the merger of two Hollywood PR powerhouses, Interpublic PR agencies BNC and PMK/HBH. It didn’t take long after the merger for a pretty big shakeup to result.
PMK agents Robin Baum, Jennifer Allen, Andy Gelb, Simon Halls, Stephen Huvane and Melissa Kates have all departed, taking with them clients including Jennifer Aniston, Matt Damon, Johnny Depp, Anne Hathaway and others. Baum, Huvane and Gelb have formed Slate PR, The Wrap reports. Josh Dickey at The Wrap called the merger an “ill fated decision,” reducing the onetime powerhouse PMK to a “second- or third-tier public relations firm.”
Not everyone completely agrees. A source close to the matter told PRNewser today, “the people who left, while their clients are high profile, they are not particularly profitable.” The source said “something had to give” with PMK since, “it’s hard to be truly profitable with celebs.”
Others have said that is missing the point. While the celebrity clients themselves may not be profitable, you leverage those clients to get in front of big corporate brands. “Every major consumer marketing company wants to connect with celebrities,” said one agency CEO, “it’s not just about the direct profit margin for those accounts.”
Several people we’ve spoke to are surprised the story hasn’t been picked up in the mainstream press. “I think there’s a level of shock that it hasn’t been covered better by the mainstream media,” one said.
[image: Former PMK agent Stephen Huvane]
Two Hollywood PR powerhouses, Interpublic PR agencies BNC and PMK/HBH, have merged, Variety reports. No official announcement has been made, however Interpublic told executives at the agencies to begin work on “merging operations” a few weeks ago.
BNC has worked with celebrities including Cameron Diaz, Jenna Fisher, Whoopi Goldberg and Kate Hudson. Corporate clients include Samsung, T-Mobile, Audi and Amazon.com. As PRNewser reported, BNC announced they won the Spin magazine account in mid-November. PMK’s clients include Matt Damon, Johnny Depp, Al Pacino, and Jodie Foster and corporate clients AOL, Motorola, and Reebok.
UPDATE: An insider tells PRNewser they don’t expect many jobs to be lost as a result of the merger, “because there’s not that much cross over” between the two agencies. The insider says there’s been a “management void” at PMK since Chairman-CEO Pat Kingsley left last January. While it’s been a tough year, both firms are still profitable. Some are comparing the merger to that of Hollywood talent agencies William Morris and Endeavor, which joined forces in April of this year.