Finance

M&C restructures with sale of London agency shares

Four top managers at M&C Saatchi have bought a 30 per cent stake in the quoted group’s London agency in a deal which values London at an estimated £25m. The deal has been effected by a company loan to CEO ...

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New IPA figures show sharp slowdown in ad growth

Growth in UK ad budgets ground to a halt in the fourth quarter of 2015 according to the latest IPA Bellwether Report, produced by Markit. If we’re going to split hairs it shows that the number of companies planning to ...

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Publicis weighs bid for Samsung agency Cheil

Publicis Groupe wants to buy 30 per cent of Cheil Worldwide, the once in-house Samsung agency that still handles the bulk of the Korean electronics giant’s $5bn worldwide ad and communications business, according to reports. Samsung currently owns about 25 ...

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Hornby calls for concerted industry action on ad fraud

Johnny Hornby (below), boss of CHI&Partners and The&Partnership, is making another attempt to spur some action on ad fraud. Hornby interviewed a number of adland luminaries at Cannes last year on the topic and is now calling on the Advertising ...

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US actors union launches fair pay assault on Droga5

Droga5 in the US is under fire from the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA for not very short) over allegedly paying non-union rates to union labour. Which is embarrassing for Droga5, especially as it’s now ...

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blowUP media gets bigger with MaxiPoster ad towers

2016 is sure to see more consolidation in the media sector and German-owned European giant poster market leader blowUP media is kicking things off by buying B.A.B. MaxiPoster Werbetürme which has 12 high-visibility towers near Germany’s most frequented autobahns, with ...

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Morrisons set to land at Publicis London

Morrisons is expected to confirm the appointment of Publicis as its creative agency. JWT was the other finalist while CHI, WCRS and Grey were also involved in the pitch process. Morrisons’ brand and communications director is Mike Hoban, who appointed ...

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