Finance

Creston buys 27 per cent of 18 Feet & Rising

Quoted UK marcoms company Creston has taken a 27 per cent stake in Londov creative agency 18 Feet & Rising, paying £1m of which half is earmarked to invest in the business. Creston, which has latterly concentrated on digital and ...

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Tesco ad production business boosts BBH

Our spies tell us that BBH’s surprising investment in premises in Welwyn Garden City (for non-UK readers, hardly the centre of UK adland – indeed anything) has paid off, with the award of new client Tesco’s massive production business. This ...

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Ebiquity and WPP fall out over programmatic media buys

I hear that media auditor Ebiquity, helmed by GGT founder Mike Greenlees and former MGM media agency boss Nick Manning, has fallen out big time with WPP. M’learned friends (lawyers) are being consulted, it seems. The row relates, in part, ...

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Now Mondelez turns the heat on Publicis Groupe media

Mondelez International has joined the slew of advertisers reviewing their global media accounts and poor old Publicis Groupe is once again in the firing line, having to defend Starcom MediaVest’s $200m US business and other bits against Dentsu Aegis. Aegis ...

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General Mills piles more agony on Publicis Groupe

General Mills, whose brands include Cheerios, Green Giant and Pilllsbury, is reviewing its near $1bn US media business, currently held by Publicis Groupe’s ZenithOptimedia. It joins a long line of blue chip advertisers reviewing media regionally or globally, including Unilever, ...

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Now Diageo exits troubled BBH

BBH appears to have shown big client Diageo the door, after losing Johnnie Walker to Anomaly. Despite the honeyed words coming both parties there’s no doubt that the loss of Johnnie Walker, for which BBH had produced outstanding work over ...

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