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 Stephen Foster on February 14, 2012
Last year WPP set up Tenth Avenue, a new outdoor holding company. This all seemed a bit unnecessary as WPP already had out of home giant Kinetic but Sir Martin Sorrell’s marcoms company has revealed more of its schemes with the formation of mobile marketing company Joule (where do they get these names from?) within [...]
Posted in Agencies, Clients, Finance, Media, News | Tagged audi, Bessie Lee, Craig Zhang, groupm, groupm china, joule, kinetic, Michael Collins, michelin, Microsoft, mjoule, mobile marketing, out of home, tenth avenue, wisereach, WPP
By Staff on January 27, 2012
The rise to media dominance of affable Brit Dominic Proctor (pictured) continues apace with his promotion to the new post of president of GroupM, increasingly the driver of WPP’s many and varied media operations which include Mindshare, MediaCom, MEC and out of home operation Kinetic. Equally dramatic is the promotion of Mindshare’s London-based chief strategy [...]
Posted in Agencies, Clients, Media, News | Tagged Antony Young, Dominic Proctor, groupm, Irwin Gotlieb, kinetic, mec, mediacom, mindshare, Nick Emery, Phil Cowdell, Sir Martin Sorrell, WPP
By Staff on December 19, 2011
WPP’s creative agencies, especially Ogilvy & Mather, are having a good run in the US at the moment but on the media front, particularly at MEC, it’s not quite so good. MEC, which recently replaced North America CEO Lee Doyle with Marla Kaplowitz (left), has now lost $100m Toys ‘R US to Omnicom’s OMD and [...]
Posted in Agencies, Clients, Media, News | Tagged activision, groupm, kinetic, Lee Doyle, Marla Kaplowitz, maxus, mec, media agencies, mediacom, mindshare, novartis, ogilvy & mather, omd, omnicom, optimedia, phd, pizza hut, publicis groupe, sony ericsson, toys 'r us, WPP
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 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
By Stephen Foster on September 30, 2011
The global out of home advertising market is carved up between two big specialist companies, WPP-owned Kinetic and Aegis-owned Posterscope. So the other big media players are used to seeing large chunks of commission disappear to these two rivals even when it’s their clients spending money on billboards and, increasingly, digital signage and all the [...]
Posted in Agencies, Clients, Media, News | Tagged aegis, digitas, domedia, kinetic, Maurice Levy, out of home planning and buying, posterscope, publicis groupe, razorfish, technology platform, vivaki, WPP
By Staff on September 30, 2011
It’s circle the wagons time at Interpublic as, fresh from losing $1bn SC Johnson to Ogilvy & Mather and Energy BBDO, it faces the loss of Initiative’s $546m Bayer media account to WPP’s Group M. Group M handles Bayer’s media outside the US. Initiative and DraftFCB were the two agencies to lose out on SC [...]
Posted in Agencies, Clients, Media, News | Tagged account review, bayer, draftfcb, energy bbdo, group m, initiative, Interpublic, kinetic, Matt Seiler, maxus, mec, mediacom, mindshare, ogilvy & mather, sc johnson, universal mccann, WPP
By Stephen Foster on September 8, 2011
Time was when Kinetic, WPP’s out of home specialist media buyer, was a London poster specialist called Poster Publicity. It planned and bought poster campaigns mostly, mostly for generous rates of commission based on the assumption that buying posters was a laborious activity in comparison to buying TV or press. WPP bought a half share [...]
Posted in Agencies, Clients, Creative, Media, News | Tagged creative agency, Eric Newnham, fuel, kinetic, landor, media panning, out of home, poster publicity, posters, posterscope, Rebecca Bainbridge, tenth avenue, WPP
By Staff on September 7, 2011
CBS Outdoor is suing London Underground owner Transport for London over its alleged mismanagement of the £1.5bn tube advertising contract CBS ‘won’ in 2006. Among the things CBS failed to anticipate were upgrading engineering works for the ageing system, modernisation of some key central London stations as part of the Crossrail project and the more [...]
Posted in Finance, Media, News | Tagged cbs outdoor, crossrail, Kevin Shute, kinetic, london underground, media buying, poster publicity, rainmaker, themediabriefing, transport for london, WPP, £1.5bn tube advertising contract
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