By Angie Dean on June 6, 2012
WPP chief executive Sir Martin Sorrell has taken his war of words with rebellious shareholders over a 30% pay increase to the pages of the Financial Times. The crux of his robust defence is twofold. First, he is being rewarded for success not, like the managers of many British companies, failure. WPP reported pre-tax profits [...]
Posted in News | Tagged CBS, Compensation dispute, financial times, ftse 100, iss, Sir Martin Sorrell, time warner, viacom, WPP
By Stephen Foster on February 7, 2011
One-time market-leading ISP AOL has been trying to reinvent itself as an online content provider since it split from Time Warner in 2009 and now CEO Tim Armstrong has bet the ranch on Arianna Huffington and her Huffington Post, the left-leaning political super blog. AOL is paying $315m for the Huff Post ($300m in cash) [...]
Posted in Finance, Media, News, Politics | Tagged AOL, Arianna Huffington, daily beast, huffington post, mapquest, moviefone, newsweek, Tim Armstrong, time warner, Tina Brown
By Stephen Foster on January 3, 2011
Or so the BBC (and the Financial Times and New York Times) seem to think. Top investment bank Goldman Sachs (the global economy’s version of Paddy Power) has stuck a load of its own money into Facebook stock (or options) at a valuation for the whole company of around $50bn. According to the BBC this [...]
Posted in Finance, Media, News | Tagged ebay, facebook, financial times, Goldman Sachs, Mark Zuckerberg, nazdaq, New York Times, time warner
By Stephen Foster on July 2, 2010
Apple is set to become the biggest provider of on-demand films in the US by the end of 2014 according to research firm Screen Digest. Through its iTunes store it will overtake the second-placed company Time Warner by the end of this year with sales of $280m and market leader Comcast in 2014, with sales [...]
Posted in News | Tagged apple, comcast, iTunes, on-demand film, Steve Jobs, time warner
By Staff on May 10, 2010
One of the reasons the internet, and before that direct mail, have driven a coach and horses through traditional media models is that they provide results, more or less instantly. Now giant US magazine publisher Time Warner and media buyer Starcom have teamed to offer advertisers free ads if their campaign doesn’t deliver sufficient people [...]
Posted in Clients, Media, News | Tagged affinity vista, magazines, starcom, time warner
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