Stagwell takes 35% ownership position in Real Clear Holdings

Stagwell (STGW) CEO and Chairman Mark Penn will announce the network now owns 35% of Real Clear Holdings, publisher of th RCP Poll Averages, news publication RealClearPolitics, and 12 other news and analysis sites. Stagwell’s investments in platforms like RealClear are part of the network’s expanding interest in owned media platforms, including ReachTV. Stagwell’s clients will benefit from RealClear’s audience, op-ed aggregation and polling capabilities. This investment also continues Stagwell’s longstanding work with news publications through its agencies like Code and Theory, which has fueled digital innovation for nearly 200 newsrooms including Bustle Digital Group, The Minnesota Star Tribune, Time, Thomson Reuters and Vogue.