Finance

MDC Partners is perhaps the most interesting holding company around: Miles Nadal’s construct includes some top creative names – Anomaly, Crispin Porter and 72andSunny among them – but has so far adamantly declined to make a profit. Not that this ...

Back in April 2013 Chinese PR-based marcoms contender Blue Focus bought a 20 per cent stake in Lord Chadlington’s quoted PR business Huntsworth for a chunky £36.5m. Today it was announced that Chadlington (Peter Gummer as was, left) is to ...

Xaxis is the part of WPP’s huge data operation that fuels its programmatic buying business – clients hand over the task of buying media online to the WPP/GroupM company and it adds a bit on top. In other words, it’s ...

McCann has promoted New York office group creative director Mat Bisher (left) to ECD in charge of its newly-won global Microsoft account. Bisher is an art director who formerly worked at BBDO. Bisher deserves his promotion (and, presumably, hefty rise) ...

It’s nearly time for the luminaries of adland to head to the beach and WPP’s super-luminary Sir Martin Sorrell is no different (he told the FT he’s going to a Greek island for a well-earned break). It will be tough ...

Ad Age reports that Leo Burnett has won the task to refresh/rebrand McDonald’s (take your pick) promised recently by CEO Don Thompson. McDonald’s is suffering from falling sales inside and outside the US. Although Publicis Groupe-owned Burnett is McDonald’s’ main ...

One of the interesting aspects of the Virgin Atlantic pitch was the agency shortlist, drawn up with the help of Creative Brief, a newbie to these circuses (this one took five months). There was RKCR/Y&R, the incumbent, who might have ...

With Ruper Murdoch what you see is usually what you get. While the old boy is capable of springing big surprises from time to time, they’re always in character. But his decision to pull 21st Century Fox’s $80bn bid for ...

The news that Virgin Atlantic is moving its advertising account to Adam&Eve/DDB is unlikely to surprise many folk close to the UK industry but it’s also a sad day for the losers, RKCR/Y&R. Also it is an interesting shift from ...