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    Havas and Horizon Launch Joint Venture With $20B in Billings

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    By Audrey Kemp

    Copyright adweek

    Havas and Horizon Launch Joint Venture With $20B in Billings

    Horizon Media Holdings and Havas on Monday unveiled Horizon Global, a joint venture bringing together the media operations of both holding companies in an effort to scale up and compete in major global media pitches.

    Horizon Global operates in more than 100 markets and is based in New York. Managing $20 billion in billings, it debuts as one of the largest media buyers globally, according to a press release.

    Bob Lord, president of Horizon Media Holdings, will run Horizon Global as interim global CEO as the company searches for a permanent leader. Renata Spackova, previously global chief operating officer , new core business at Havas, will be global COO of the new venture. Both will report to a board that includes Horizon founder and CEO Bill Koenigsberg, Havas chairman and CEO Yannick Bolloré, and Havas Media Network global CEO Peter Mears.

    Horizon Global will merge Horizon’s Blu data platform with Havas’ Converged.AI platform, creating a single system called BluConverged that gives both agencies access to a broader set of data and tech tools.

    “This is the first agency network built in the AI era,” Koenigsberg said in a statement. Bolloré called the partnership “a significant moment” for both companies, adding that Horizon’s decision to team up with Havas reflects their “complementary strengths.”

    The launch comes as consolidation reshapes the industry. Omnicom’s $13.5 billion acquisition of IPG narrows the number of major media buyers in the market, prompting smaller players to seek scale. Horizon and Havas are positioning Horizon Global as a stronger alternative for U.S.-led multinational accounts.

    Outside of Horizon Global’s shared assignments, Horizon Media and Havas Media Network will continue to operate independently, servicing their client portfolios and pursuing new business separately.

    Lord said the new venture “enters the market at a dynamic moment with a global offering that truly puts clients first.”

    Havas reported 2.6% organic growth in the second quarter of 2025, led by North America, along with an 8.3% rise in adjusted EBITA. Horizon is privately held and does not report earnings.

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