Finance

Sir Martin Sorrell on the new world according to WPP

Sir Martin Sorrell’s various pronouncements seem to amuse and engage some of you so here he is – again – speaking by video link at what seems to be a leadership conference, NOAH15 in Berlin last month. Don’t know who ...

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Horizon launches new global media contender Canvas with $700m Innocean

There’s a new player on the world media agency stage, Canvas Worldwide, a joint venture between Hyundai agency Innocean and Horizon, the biggest independent media agency in the US. Innocean will move its $700m Hyundai and Kia media business into ...

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Publicis Groupe drawn into Rato scandal in Spain

Spain is currently embroiled in a financial scandal dating back to the financial crisis and one of the leading figures reportedly involved is Rodrigo Rato, a former Spanish finance minister and, after that, managing director of the International Monetary Fund ...

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Who will win the great $20bn media review marathon?

At some stage this year we’ll be able to tot up the winners and losers in the media review stakes; there’s over $20bn of media up for review, about half in the US. So far we’ve only had the results ...

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SMS on what it takes to be a great CEO

Here’s Sir Martin Sorrell telling The Drum what it takes to be a good/great agency network CEO. and, not surprisingly, it’s a version of him; as he says, the big agencies are still like mini holding companies in many respects. ...

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Now WPP shifts Spanish agencies into giant Madrid HQ

Horizontality, as we all know, is Sir Martin Sorrell’s thing (when he isn’t dividing the world according to swans) and, hard on the heels of shunting WPP’s Chinese companies into a humungous building in Shanghai, he’s just bought a big ...

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Aegis brings home the goodies for buoyant Dentsu

In 2013 Japan’s Dentsu, huge in Japan but mostly becalmed outside it, agreed to pay £3.2bn to buy media buyer Aegis, owner of the Carat, Vizeum and Isobar networks. 30 months on the deal looks like one of the winners ...

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Will life change as Google becomes Alphabet?

For people in advertising and media anyway the likely answer is ‘Not much.’ Separating the Google search and advertising business from the company’s other ambitious, sometimes barmy, bets allows founders Sergey Brin and Larry Page to concentrate on their own ...

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