Finance

Adam Crozier and Archie Norman are the lottery winners at ITV

ITV made £320m in pre-tax profits in 2010 and, more crucially, managed to reduce its debt from £612m to £188m and pension deficit from £436m to £313m. Even better for the dynamic duo of CEO Adam Crozier and chairman Archie ...

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Two years after Enfatico collapses Dell dumps WPP for three smaller agencies

If there’s one consistent theme to Sir Martin Sorrell’s long tenure at WPP (apart from delivering the numbers of course) it’s his belief that WPP can and should set up customised mini-agencies for big clients. The most recent is Blue ...

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Twitter now worth $4.5bn says US bank JP Morgan

These valuations are going up every day and now giant US bank JP Morgan has valued Twitter at $4.5bn in announcing that it hopes to invest $450m of its clients’ in the social network for a ten per cent stake. ...

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ITV is set to announce £300m profits from good old spot advertising – so why is it worrying so much about digital?

To put this into context, ITV’s anticipated pre-tax profits of £300m (due to be announced Wednesday) on a revenue of about £2bn nearly all come from the sale of TV spots (up 16 per cent over the course of the ...

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Interpublic is back in the game with decent results for 2010 – but what will CEO Michael Roth do next?

The world’s once mightiest marcoms group is still nowhere near challenging WPP, Omnicom and Publicis Groupe in the global marcoms stakes but Interpublic looks like it’s finally left the intensive care ward. It’s just reported net income (profit) of $281.2m ...

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Can Aegis boss Jerry Buhlmann survive £25m bad debt in Spain?

When Jerry Buhlmann took over from Robert Lerwill as CEO of Aegis in 2008 there were a few raised eyebrows. Buhlmann originally built his reputation as a media boffin and there had already been surprise when he beat Aegis-owned Carat’s ...

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