Finance

Karmarama keeps up hot streak with £5m Ogone win

London mini-marcoms group Karmarama Communications seems to be winning a new account every other week at the moment (the last being General Mills) and it’s just been appointed to handle Brussels-based online payment service Ogone after a pitch lasting a ...

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CHI and Now wait anxiously for £55m Argos decision

There will be a few sweaty palms in two London agencies every time the phone rings over the next week or so as incumbent agency CHI & Partners and new pretender Now, set up by DLKW co-founder Mark Lund when ...

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WPP’s Sorrell may need to re-examine emerging markets and digital strategies in a low margin world

WPP’s shares took a powder yesterday as analysts digested the unwelcome news that it had not achieved the margins desired (a 0.3 increase against the hoped-for 0.5) although the company increased both revenue and profits. In other words it’s becoming ...

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Miles Nadal’s MDC Partners keeps growing although ‘ordinary’ profits remain over the horizon

MDC Partners, which describes itself as a ‘business transformation company’ these days, continues its high-wire act. Reading the small print of its accounts presentation for 2013 you can see that losses increased to $148.9m from $85.4m in 2012, blamed on ...

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Samsung blasts Apple with Apple-style ads

The world’s biggest ad war is between Samsung and Apple and Samsung agency 72andSunny has produced a new campaign in the US that uses an Apple-style approach to lambast its rival (remember Apple’s series of ads knocking Microsoft?) Samsung is ...

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Facebook pays $19bn for ad-free messager WhatsApp

No-one could accuse Facebook of either sitting on its mountain of cash or failing to respond to fears that its core social network is losing its appeal to young people as their aunts and uncles populate its pages. Mark Zuckerberg’s ...

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Why it will cost IPG more than $60m to fix Europe

What on earth is Interpublic (IPG), which owns McCann, Draftfcb (or is it just FCB?), media agencies UM and Initiative and a gaggle of PR companies, going to do about Europe? It quietly announced last week that it’s to take ...

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