Finance

Does Rupert Murdoch really want to kill the New York Times?

‘The Old Gray Lady’ as the New York Times is known in the US is flagging a bit, burdened by huge debts as the advertising tide has gone out and, its critics would say, hamstrung by too many hacks who ...

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Owners plan $21bn sale of market researcher Nielsen

The six private equity owners of market research giant Nielsen are planning an IPO (initial public offer) of the firm they bought a couple of years ago for $10bn for between $17bn and $21bn. This is a mightily optimistic bet ...

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Acxiom is biggest US agency, Edelman tops global PR rankings

Acxiom from Arkansas that is, a direct marketing and customer relationship agency that has topped Advertising Age’s survey of US agencies. Arkansas is Wal-Mart territory of course but Acxiom’s biggest clients are Procter & Gamble, AT&T and Macy’s. This is ...

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ITV eyes Five – or is this another stage in the CRR fight?

The Sunday Times Business News reports today that new ITV chairman Archie Norman, a veteran dealmaker, is eyeing a takeover of RTL-owned Five to boost his station’s share of the shrinking terrestrial ads market in the UK. Such a move ...

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Sunday Times Rich List bypasses ads and media – again

If you want to join the ranks of the UK’s billionaires avoid advertising and media – or spread your interests to property, transport and metals anyway. Philip Beresford’s annual round-up of the UK’s richest (although many of them actually reside ...

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The world this week: Libs shake up UK, Microsoft and co post strong earnings, Obama slams ‘batallions’ of lobbyists

**This must be terribly boring for readers outside the UK but there just might be a sea change going in British elections. Thanks to the televised debates between the three main UK political party leaders the old consensus of a ...

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New UK output figures a big boost for Brown and Labour

On the face of it a 0.2 per cent increase in the UK’s gross domestic product (more or less everything in the economy) for January to March might not look very exciting but it’s actually very good news for PM ...

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Maurice Levy to hand over reins at Publicis

Maurice Levy, the boss of French ad giant Publicis Groupe for over 20 years, has said he is going to step down next year. Barring a pretty unforeseeable disaster Levy will leave the business in good shape as not just ...

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Like button takes Facebook closer to world domination

Facebook is introducing a ‘Like’ button to third party websites which means that users can add topics, products and content they like to their Facebook profiles. With over 400m users the company is certain to be sitting on a priceless ...

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