EURO RSCG Worldwide Acquires a Majority Stake in the Tyee Group - a Leading Direct Response Television Advertising Agency.Business Editors & Advertising Writers NEW YORK--(BUSINESS WIRE)--Feb. 29, 2000 Tyee to Become Part of The Sales Machine, EURO RSCG's Branded Marketing Services Group Bob Schmetterer, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of EURO RSCG Euro RSCG is an advertising agency network with global operations headquartered in New York. It is the main advertising agency network of the French communications group Havas, and is ranked 5th largest network according to Advertising Age Magazine, with over 233 offices in 75 Worldwide, today announced the acquisition of a majority stake in The Tyee Group - a leading direct response television advertising agency in Portland, Oregon. The group will be known as Tyee Euro RSCG and will become part of Euro RSCG's branded marketing services operation, The Sales Machine. "As we position Euro RSCG for the new century, we believe the future of our business is based on the recognition that branding and selling are at the very center of business strategy for clients around the world," said Mr. Schmetterer. "Tyee, long at the forefront of DRTV DRTV Direct Response Television (media) , will play an important role as we continue to evolve the global offerings of The Sales Machine, our branded marketing services group." "As TV becomes more of a high-bandwidth marketing tool, it is believed that the future of all broadcast advertising will involve a direct response component," commented Daniel Morel morel Any of various species of edible mushrooms in the genera Morchella and Verpa. Morels have a convoluted or pitted head, or cap, vary in shape, and occur in diverse habitats. The edible M. , CEO of The Sales Machine. "DRTV expertise will be in greater demand as corporate marketers seek out ways to direct market through electronic media, and Tyee is perfectly positioned to provide clients with effective new media direct response campaigns." Established in 1988, The Tyee Group is the industry leader in providing direct response and long-form television advertising services to Fortune 1000 companies. The Tyee Group produced seven of the top 25 DRTV spots and shows listed in a recent Jordan Whitney Report (a DRTV monitoring service The general surveillance of known air traffic movements by reference to a radar scope presentation or other means, for the purpose of passing advisory information concerning conflicting traffic or providing navigational assistance. ). The agency is headed by Spencer J. Brown, 47, President and CEO, who will continue to run the company. With 1999 billings of over $60 million and 70 employees, The Tyee Group's current client roster includes Philips Consumer Electronics Philips Consumer Electronics is a part of Koninklijke Philips Electronics N.V. (usually known as Philips); and is one of the largest electronics companies in the world. In 2005, its sales were € 30.4 billion (US$38. , GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) , Target, The Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services. Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box and Mirro Wearever. Tyee's media division has grown to become one of the largest and fastest growing DRTV media agencies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Tyee is known for creating highly effective and innovative long-form television advertising programs, and pioneering formats such as the storymercial. One of its most successful campaigns introduced Philips Magnavox's WebTV Internet Terminal. The extremely successful long-form program explained a complex new product, significantly drove retail sales, and sold product directly via telephone and a web site. Because of its comprehensive services, high-end production value, and emphasis on upholding brand image, Tyee has been selected by numerous Fortune 1000 clients for their entry into direct response and long-form television advertising. Such clients over the years include Philips, Apple, Sears, Hewlett-Packard, Ponds, Corning and Panasonic. Capitalizing on its talent as a leader in direct response television advertising, Tyee is continuing to expand its services as television evolves into an interactive medium. "On behalf of everyone at Tyee, we're thrilled to be joining Euro RSCG," said Mr. Brown. "With our expertise in direct response and long-form advertising, we look forward to collaborating with other Euro agencies to create unique marketing solutions for our clients," he added. "Euro is one of the largest and most respected agency networks in the world, as well as a leader in developing new media marketing and advertising services. As the worlds of communication and technology evolve, Tyee shares Euro RSCG's commitment to bridging the traditional to the digital." The Sales Machine is Euro RSCG Worldwide's branded marketing services network, headed by CEO Daniel Morel in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . It is comprised of 76 agencies in 40 countries, offering consulting; direct marketing; sales promotion; event marketing; sales force motivation; and database marketing. Euro RSCG Worldwide is the fifth largest agency network in the world. With 200 agencies in 72 countries, EURO RSCG Worldwide provides advertising, marketing services and interactive solutions to global, regional and local clients. The network's client roster includes Intel Corporation (company) Intel Corporation - A US microelectronics manufacturer. They produced the Intel 4004, Intel 8080, Intel 8086, Intel 80186, Intel 80286, Intel 80386, Intel 486 and Pentium microprocessor families as well as many other integrated circuits and personal computer networking , MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. WorldCom, Philips Electronics, Group Danone and Louis Vuitton. EURO RSCG is a unit of the Paris based Havas Advertising Group, the world's sixth largest communications group. The Tyee Group is a specialized agency with more than a decade of experience creating direct response and long-form television advertising for Fortune 1000 companies. Over the past 12 years, Tyee has developed over 200 direct response campaigns and helped its combined clients attain over three billion dollars in sales. Tyee provides a complete range of integrated services - including research, creative, production, and media - as well as business affairs through its affiliated corporation Affiliated corporation A corporation that is an affiliate to the parent company. , Big Catch, Inc. A multi-award winning company, The Tyee Group is responsible for several of the top grossing direct response television campaigns of the 1990s. |
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