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CBS confirms plans to sell outdoor business outside the US - will WPP's Kinetic be a buyer?

CBS confirms plans to sell outdoor business outside the US – will WPP’s Kinetic be a buyer?

By Stephen Foster on January 17, 2013

CBS CEO Leslie Moonves (pictured) has confirmed that he wants to offload its outdoor business outside the US (including the UK) while it plans to turn itself into a REIT, essentially a property investment company, in its home market. REITs enjoy various tax advantages so Moonves is evidently betting on this producing a much-needed rise [...]

Posted in Agencies, Finance, Media, News, Research | Tagged cbs outdoor, groupm, kantar, kinetic, lamar advertising, Leslie Moonves, london underground, posterscope, reits, sale, Sir Martin Sorrell, tenth avenue, WPP

Up-for-sale Getty Images lays out its wares in new campaign from AlmapBBDO

Up-for-sale Getty Images lays out its wares in new campaign from AlmapBBDO

By Stephen Foster on May 25, 2012

Here’s a very nice ad for Getty Images from Brazil’s AlmapBBDO. I usually steer clear of Getty Images because if you use so much as one of their pictures in an internal email you get a polite young person on the phone saying ‘that’ll be four hundred quid.’ This very nice ad, called “From Love [...]

Posted in Agencies, Clients, Creative, Finance, News | Tagged almapbbdo, getty images, hellman & friedman, photo library, private equity, sale

Whoops, there goes another one - Omnicom snaps up London indie Adam & Eve for reported £60m

Whoops, there goes another one – Omnicom snaps up London indie Adam & Eve for reported £60m

By Stephen Foster on May 23, 2012

It’s all rather depressing really, a new agency comes on the scene, scores highly (in this case with one account) and then sells out at the top of what might be a very short market. But that’s what seems to have happened with John Lewis agency Adam & Eve (itself a breakaway from RKCR/Y&R whose [...]

Posted in Agencies, Clients, Finance, News | Tagged a&e, adam & eve, Ben Priest, David Golding, ddb london, integrated platform, James Murphy, mother, omnicom, rkcr/y&r, sale, tribal ddb, virgin media, volkswagen, WPP, £60m deal

StrawberryFrog was up for sale despite denials - now it's sold to PR firm APCO

StrawberryFrog was up for sale despite denials – now it’s sold to PR firm APCO

By Stuart Smith on February 17, 2012

StrawberryFrog – the maverick advertising micro network – up for sale? Come again? When, late last year, I had the temerity to suggest that was indeed the case, SF founder, chairman, chief executive and great panjandrum Scott Goodson (pictured) took venomous issue with my impudent suggestion. Yet, less than three months later he has done [...]

Posted in Agencies, Clients, Creative, Finance, News, PR | Tagged apco pr company, Brian Elliott, emirates, international network, jim beam, pampers, procter & gamble, redundancies, sale, Scott Goodson, strawberry frog, Stuart Smith

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