Finance

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 ...

What’s former IPA president and VCCP co-founder Ian Priest going to do next? Priest (left) is leaving Chime Communications, the medium-sized UK marcoms company now mostly into sports-related activities, but being unfashionably gnomic about what he’s doing next. He told ...

WPP is launching a sports rights agency called ESP, representing Manchester City, the England and Wales Cricket Board and NBA’s the Cleveland Cavaliers (left with LeBron James), among others, in overseas markets. Last year WPP invested in George Pyne’s Bruin ...

We predicted two weeks ago that Procter & Gamble, along with numerous other big global advertisers, would be reviewing its media account in the wake of alleged rebate scandals in the US and a stated desire to slash $500m off ...

Is Maurice Levy’s Publicis Groupe suffering a nasty dose of indigestion? Agency Spy in the US reports that Publicis has imposed a pay freeze – on all its staff, presumably, all 62000 of them – as it grapples with almost ...

Michael Wall (left), who was last reported as preparing ‘the roadmap’ for the merger of Interpublic’s Lowe (where he was global CEO) and Mullen, has found time to find a new job too: global CEO at London-based micro-network Mother. Mother ...

Most people in adland have been rather mystified by Interpublic’s decision to merge US agency Mullen with global network Lowe – as Mullen Lowe which says clearly enough who’s in the driving seat. Lowe has struggled to build its one-time ...

I note that ITV’s ad revenue continues to go up even as its audience share declines, ad revenue up 11 per cent to £1.7bn while audiences are down three per cent. Might this have something to do with the bizarre ...

Once upon a time media agencies did what it said on the tin – planned and bought media time and space. But the lines are blurring all over adland and Publicis Groupe’s ZenithOptimedia has something called Performics, which describes itself ...