Finance

Express and Mirror consider extraordinary tie-up

To anyone who can remember the high old days of Fleet Street, when the nation’s hacks proudly strutted their stuff, although not necessarily in the straightest of lines, the notion of the Express and Mirror getting together seems downright preposterous. ...

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Struggling P&G slashes $300m from agency costs

Consumer goods giant Procter & Gamble – the world’s biggest advertiser but currently bedevilled by flat sales and profits – is making its extensive agency line-up take the hit as it moves more money from agency fees into bigger media ...

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Facebook now main rival to Google in mobile ads

Facebook made about three quarters of its $3.82bn second quarter ad revenue from mobile, according to CEO Mark Zuckerberg, up from $2.8bn. Zuckerberg (left) is promising more of the same as Facebook’s still growing user base – now about 1.5bn ...

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Poser as WPP emerges as minor partner in Chime deal

Some time today Chime Communications – the quoted British marcoms group that owns agency VCCP and a gaggle of sports marketing businesses under the CSM banner – should announce that it’s agreed to a takeover from big media and sports ...

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How sticking with CHI paid off for Travelodge

One of the supposed truths about advertising is that repitches – defending your agency’s account against the blandishments of rivals – aren’t worth it. If a client is looking around, for whatever reason, then your time’s up. Why waste time ...

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Gloo aims for £30m to make its marcoms mark

A common sign of a bubble in financial markets is the formation of companies that say to investors: give us your money, we can spend it better than you can. Some of them can but a lot of them just ...

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ITV surfs buoyant UK ad economy

There is still plenty of evidence that the UK adland boom is motoring on: figures from the Advertising Association and WARC show that adspend hit a record £4.7bn in the first quarter of 2015 – up 8.2 per cent on ...

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