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Revision as of 20:28, 6 September 2008 editEmetman (talk | contribs)90 edits →Growth: #1 in corporate more relevant than #8 in entertainment.← Previous edit Revision as of 20:30, 6 September 2008 edit undoEmetman (talk | contribs)90 edits Wealthiest Ukranian. Not all work is transparent.Next edit →
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|date=]}}</ref>, and in 2005, The Lebanese American Council for Democracy retained 5W Public Relations for "strategic counsel and media relations."<ref></ref> |date=]}}</ref>, and in 2005, The Lebanese American Council for Democracy retained 5W Public Relations for "strategic counsel and media relations."<ref></ref>

The firm represents Rinat Akhmetov, the wealthiest individual in Ukraine.
<ref>http://ukitalk.blogspot.com/2008/07/richest-man-in-europe-is-ukrainian.html
http://kyivpost.com/nation/29223</ref>


==Growth== ==Growth==

Revision as of 20:30, 6 September 2008

File:5W Logo.JPG

5W Public Relations, also known as 5WPR, is an American public relations firm founded in 2003 by Ronn Torossian. PR industry trade publications reported 2007 billings exceeded US$11.5 million. The company was listed on the 2007 Inc list of fastest growing companies..

5WPR has primarily represented corporations such as Microsoft, VeriSign, and EDS. Clients also include non-profit organizations, entertainers, political figures and organizations including Snoop Dogg, Pamela Anderson, the Israeli government, the Prime Minister of Serbia and Pastor John Hagee.

History

5WPR began in a small office within a Manhattan-based travel agency with three clients and two employees. Since its establishment, the company's client list has grown more rapidly than any firm in the U.S., and expanded along with its staff size.

The agency is known for having celebrity relationships with many celebrities, including Paris and Nicky Hilton, who attended the firms’ Sundance events, Kim Kardashian, who attended Torossian’s LA birthday party in 2007, and Nick Cannon who has hosted multiple 5W events.

Clients

According to Torossian, the firm's corporate, technology and consumer clients account for 97 percent of the company's revenue, but the firm also represents entertainers, Jewish groups and politicians.

The firm's first clients included rapper and entrepreneur Sean Combs and his Bad Boy Worldwide Entertainment company.

Shortly after starting a mom and baby division, the firm secured what it called "one of the most important product placement opportunities in the world" when a shirt from client Belly Maternity was sent to Angelina Jolie and was subsequently seen on Jolie and Brad Pitt's daughter Shiloh when she was featured on the cover of People magazine in 2006.

In December 2006, the Foreign Ministry of Israel worked with 5WPR and Elias Buchwald, one of the founders of PR firm Burson-Marsteller to train Israel's top spokespersons on Western media and communications methods , and in 2005, The Lebanese American Council for Democracy retained 5W Public Relations for "strategic counsel and media relations."

The firm represents Rinat Akhmetov, the wealthiest individual in Ukraine.

Growth

In 2007, 5W Public Relations netted $11,581,939 in fees, an increase of 24.3% from 2006 figuresO'Dwyers PR Report ranked the company #21 in earnings among their top 182 ranked PR companies, number 1 in professional services rankings and ranked the firm eighth out of the top forty entertainment PR firms, .

Agriprocessor controversy

In July 2008, a blog accused 5W of sockpuppeting in the reader comment section and impersonating critics of one of 5WPR's clients, Agriprocessors, a meat processing company that was under federal investigation for worker abuse and hiring illegal immigrants. The blog traced the comments placed under the names of Hechsher Tzedek founder Rabbi Morris Allen and other Agriprocessors critics to an executive responsible for the Agriprocessors account. The firm later issued a statement saying a member of senior staff was ultimately responsible, “A senior staff member failed to be transparent in dealing with client matters."

References

  1. ^ "PR Firm Rankings - Independent PR Firms". O'Dwyer's PR Report. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  2. "No. 153 5W Public Relations". Inc. 2007. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  3. Kurutz, Steven (2005-02-20). "Brash P.R. Guy Grabs Clients, Ink". The New York Times. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  4. Samarjian, Natalie (June 26 2004). "Torossian Taking the PR World by Storm". The Armenian Reporter. {{cite news}}: Check date values in: |date= (help); Italic or bold markup not allowed in: |publisher= (help)
  5. http://video.aol.com/video-detail/5w-escape-mansion/851984596 http://www.openentrance.com/2007/06/28/kim-kardashian-attends-5w-pr-summer-soiree/ http://www.jessicastyle.com/js/viewtopic.php?t=176152 http://www.foxnews.com/story/0,2933,324525,00.html?sPage=fnc/entertainment/celebrity/hilton http://www.eonline.com/gossip/partygirl/detail/index.jsp?uuid=55f45670-37e0-4015-9fe2-e963c7b335f4
  6. "The Bad Boy of Buzz and His PR Problem". Businessweek. 2007-11-12. {{cite news}}: Check date values in: |date= (help); Italic or bold markup not allowed in: |publisher= (help); Unknown parameter |coauthors= ignored (|author= suggested) (help)
  7. Popper, Nathaniel (2008-07-11). "Flacks for Agriprocessors Admit Online Impersonation of Meat Company's Critics". Forward. {{cite news}}: Check date values in: |date= (help); Italic or bold markup not allowed in: |publisher= (help); Unknown parameter |coauthors= ignored (|author= suggested) (help)
  8. Popper, Nathaniel (2004-02-04). "Publicist Scores With Rappers, Right-wing Politicians". The Jewish Daily Forward. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  9. Goldberg Goff, Karen (2008-06-22). "Celebrity product placement". The Washington Times. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  10. "Staying on Message, Whatever the Question". The Jewish Week. 2007-01-19. {{cite news}}: Check date values in: |date= (help); Italic or bold markup not allowed in: |publisher= (help)
  11. Indymedia.com, Emotions and Political Assassination
  12. http://ukitalk.blogspot.com/2008/07/richest-man-in-europe-is-ukrainian.html http://kyivpost.com/nation/29223
  13. "Entertainment PR". O'Dwyers PR Report. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  14. Franzman, Dave. "Class Action Lawsuit Alleges Abuse, "Immigration Fees"". KCRG-TV.

External links

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