Finance

Sir Martin being Sir Martin Sorrell of course, not another new rapper on the block. WPP is planning to invest up to $10m in SFX Music, Robert Sillerman’s new online media business built around dance music. Sillerman (left) says he ...

In the ancient world when a leading figure had fallen out of favour they used to destroy all his statues (hers didn’t get them, alas). Much the same has been happening to departed General Motors CMO Joel Ewanick and now ...

And why should we inquire? Well, according to the new Campaign/Nielsen list of UK agency billings AMV/BBDO remains top dog (no surprise there) but, at £458m is more than one and a half times as big as number two McCann. ...

Vodafone is pulling out of Formula One after sponsoring the McLaren team since 2007 (and before that Ferrari). The company says it wants to spend the money on more ‘local’ promotions and building the brand (which is supposed to be ...

The newspaper is dead, and the Telegraph’s decision to merge its daily and Sunday titles into a 7-day-a-week operation is yet another nail in its coffin. Long live the free press. By “free press” I mean not the plutocratic oligarchy ...

They do it differently in China, especially in the luxury car business. Chinese buyers like sitting in the back – so Porsche invented the 4-seat Panamera coupe. Hin-Yan Wong, head of research & strategy at automotive specialists Connect Advertising, which ...

Then there were three? There are four big marcoms holding companies (if you exclude Dentsu which is still 90 per cent Japan as it waits for clearance from China to buy Aegis): WPP, Omnicom, Publicis Groupe and interpublic (IPG). Late ...

Tesco CEO Phil Clarke is a combative type and now Tesco is launching a new ‘price promise,’ a version of Sainsbury’s’ highly successful Brand Match that offers shoppers up to ten quid off at the till if what they buy ...

This one is becoming a hardy perennial – according to the Sunday Times WPP investors are (once again) revolting over CEO Sir Martin Sorrell’s pay package. Last year SMS trousered about £13m in salary (£1.3m), bonus and shares (about £5.6m), ...