Company type | Subsidiary |
---|---|
Industry | Marketing communications |
Predecessor | Carlton & Smith |
Founded | New York City, U.S. (1864 ) |
Founder | William James Carlton |
Fate | Merged with Wunderman to form Wunderman Thompson |
Successor | Wunderman Thompson |
Headquarters | New York City , U.S. |
Area served | Worldwide |
Key people |
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Parent | WPP plc |
Website | www |
J. Walter Thompson (JWT) was an advertisement holding company incorporated in 1896 by American advertising pioneer James Walter Thompson.[1] The company was acquired in 1987 by multinational holding company WPP plc, and in November 2018, WPP merged J. Walter Thompson with fellow agency Wunderman to form Wunderman Thompson.[2][3][4] In October 2023, WPP announced yet another merger in which Wunderman Thompson, along with another group agency VMLY&R, would cease to exist and create a new combined entity named VML. This took effect on January 1, 2024.[5]