By Staff on February 22, 2012
High-flying media buyer Aegis, whose Carat network recently won General Motors’ $3bn global media account, is planning to buy indie digital agency Roundarch for $125m. The agency, with revenue of $63m and profits of about $11m will be merged with Isobar, Aegis’s global digital agency, to form RoundarchIsobar. The combined operation will have revenues about [...]
Posted in Agencies, Clients, Finance, Media, News | Tagged $125m deal, aegis, avis, carat, deloitte, digital agencies, general motors media account, Geoff Cubitt, hbo, ipsos, isobar, Jeff Malling, Jerry Buhlmann, motorola, roundarch, roundarchisobar, synovate, us air force, WPP
By Stuart Smith on February 20, 2012
Say what you like about Joel Ewanick, General Motors’ global marketing supremo, he knows how to drive a financial deal. The terms on which he vested Carat with the consolidated $3bn global media planning and buying account (minus BRIC countries Brazil, India and China) are now beginning to emerge. And do they squeak. If what [...]
Posted in Agencies, Clients, Finance, Media, News | Tagged $3bn global media account, aegis, carat, general motors, Joel Ewanick, labour only, Nigel Morris, no profit deal, publicis groupe, starcom, Stuart Smith
By Stephen Foster on February 17, 2012
Steve Bond, COO of Aegis-owned out of home agency Posterscope, resigned in a rush today. Bond (pictured), who’s been at Posterscope for 19 years, was one of the most powerful people in the UK out of home sector and, via Posterscope’s $2bn global billings, worldwide. Officially Bond has resigned to ‘pursue other interests’ and Posterscope’s [...]
Posted in Agencies, Finance, Media, News | Tagged aegis, Annie Rickard, carat, general motors media, kinetic, outdoor deals, posterscope, resignation, Steve Bond, us fraud case
By Staff on February 15, 2012
BBDO and TBWA owner Omnicom made $952bn profit in 2011, almost back to the $1bn it made in pre-credit crunch 2008. Revenue rose 10.6 per cent to $13.9bn while profits rose 15.1 per cent. The rise in revenue won’t be enough to allow it to catch market leader WPP, due to report imminently, but Omnicom [...]
Posted in Agencies, Clients, Finance, Media, News | Tagged $952m profit, aegis, amv/bbdo, ddb, Interpublic, John Wren, Maurice Levy, omnicom, publicis groupe, results, Sir Martin Sorrell, tbwa, uk, WPP
By Staff on January 31, 2012
WPP’s ever-expanding gaggle of media companies – Mediacom, Mindshare, MEC, GroupM and Kinetic – have been on the regulators’ radar somewhere for some time (WPP probably wouldn’t be allowed to buy Aegis for example) but Sir Martin Sorrell’s outfit probably never expected a challenge in the north of England. But now the UK’s Office of [...]
Posted in Agencies, Media, News | Tagged aegis, Asda, brilliant media, carat, competition commission, dfs, groupm, mediacom north, mindshare, north of england, office of fair trading, OFT, pre-pack administration, Sir Martin Sorrell, starcom, WPP
By Staff on January 26, 2012
Publicis Groupe’s Maurice Levy has been a bit slow out of the blocks in 2012 compared to great rival Sir Martin Sorrell of WPP but the French marcoms giant has broken its duck for the new year by buying Moscow’s The Creative Factory, a non-traditional agency specialising in shopper marketing, events and digital production. TCF [...]
Posted in Agencies, Clients, Media, News | Tagged aegis, Alex Shifrin, burger king, carat, general motors, idea, ikea, israel, Jordan, Maurice Levy, media agency, moscow, publicis groupe, russia, saatchi & saatchi, Sam Rothman, shalmor avnon amichay, Sir Martin Sorrell, starcom, tcf, the creative factory, union media, WPP deals
By Stuart Smith on December 7, 2011
A strong rumour suggests Carat has scooped the $3bn General Motors global media buying and planning account, which has been under review since August. If true this amounts to a huge blow for Publicis Groupe which services the majority of the account through its media specialist Starcom MediaVest, and – by the same token – [...]
Posted in Agencies, Clients, Media, News | Tagged $3bn global media reveiw, aegis, big fuel, carat, digital, general motors, Jerry Buhlmann, Joel Ewanick, Maurice Levy, opel, publicis groupe, social media, starcom mediavest, universal mccann, vauxhall, vivaki
By Stephen Foster on November 22, 2011
Out of home media is booming across the world, especially groovy new digital offerings, but the medium continues to be bedevilled by lack of transparency and, in some cases, accusations of fraud. Former Aegis-owned Posterscope US boss Todd Hansen and his finance director James Buckley have now been formally charged with an accounting fraud that [...]
Posted in Agencies, Clients, Finance, Media, News | Tagged $19.75m write-off, acquisitions, aegis, China, focus media holding, James Buckley, kinetic, muddy waters, out of home media, out of home specialists, posterscope usa, screen network, sino-forest, Todd Hansen, us fraud charges, WPP
By Stephen Foster on November 4, 2011
Reference our story earlier today about two former Posterscope executives in the US who are due in court to face fraud charges, owner Aegis says that this does not mean that the company faces a $19.75m write-down, the revenue Todd Hansen and James Buckley are alleged to have falsified. Aegis says: “We can confirm that [...]
Posted in Agencies, Finance, Media, News | Tagged aegis, James Buckley, out of home, outdoor, posterscope, posterscope usa, Todd Hansen, us
By Staff on November 4, 2011
Media buyer Aegis is flying high at the moment, reporting third quarter organic revenues up 11 per cent, but the company is facing a potentially embarrassing court trial of two former executives in the US that may cast some light on the opaque business of out of home media deals. Former president Todd Hansen (pictured) [...]
Posted in Agencies, Finance, Media, News | Tagged aegis, bad debt, bonuses, court charge, fbi, five-year fraud, James Buckley, kinetic, neuva rumasa, out of home, performance targets, posterscope us, spain, Todd Hansen, WPP, write-offs
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