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CBS to sue London's tube over £71m poster contract - won't these dozy media companies ever learn?

CBS to sue London’s tube over £71m poster contract – won’t these dozy media companies ever learn?

By Stephen Foster on April 27, 2011

CBS Outdoor has said it will sue Transport for London (TfL) over its contract to supply London’s Underground system with posters in an apparent attempt to claw back the oodles of cash it’s lost since ‘winning’ the contract in 2006. CBS has indeed plastered some high profile bits of the underground, like Oxford Circus, with [...]

Posted in Agencies, Finance, Media, News | Tagged aegis, Andrew Marr, BBC, british rail, cbs outdoor, JC Decaux, kinetic, legal action, london tube, maiden, poster contract, posterscope, titan outdoor, transport for london, WPP

World's biggest poster company  JC Decaux gets ready to pounce on rival CBS Outdoor

World’s biggest poster company JC Decaux gets ready to pounce on rival CBS Outdoor

By Staff on March 10, 2011

French-based JC Decaux has recently become the world’s biggest poster media owner and it’s now saying publicly that it fancies buying CBS Outdoor, one of its biggest global rivals but now, apparently, no longer regarded as a ‘core business by CBS CEO Leslie Moonves. Decaux, which more or less invented ‘street furniture’, bus shelters with [...]

Posted in Media, News | Tagged cbs outdoor, JC Decaux, Leslie Moonves, london underground, maiden, Network Rail, titan outdoor

CBS Outdoor tube crisis is one more sign that site owners are taking media firms to the cleaners

CBS Outdoor tube crisis is one more sign that site owners are taking media firms to the cleaners

By Stephen Foster on June 24, 2010

CBS Outdoor, one of the big American firms that moved into the cosy UK outdoor market thinking it could sell posters like television, is struggling with payments to London Underground amounting to £71.5m a year with revenue just £71m a year. That’s without paying staff, overheads, commission and a sub to the holding company back [...]

Posted in Media, News | Tagged british rail, cbs outdoor, JC Decaux, london underground, maiden, pearl & dean, posters, titan

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