We’re still short of big global agency deals considering that the big marcoms groups are awash with cash but Publicis Groupe is making the running in smaller deals, this week snapping up UK digital and direct marketing agency Kitcatt Nohr ...Read More »
Rupert Murdoch has won the first battle of his campaign to take over the 61 per cent of UK pay-TV broadcaster BSkyB he doesn’t already own by persuading coalition government culture secretary he doesn’t need to block the bid. Not ...Read More »
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 ...Read More »
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 ...Read More »
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. ...Read More »
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 ...Read More »
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 ...Read More »
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 ...Read More »
It used to be received wisdom that an ad agency’s assets (or any other agency’s assets) went ‘up and own in the lift’ and that therefore agencies or agency groups were bad investments because the staff and their clients could ...Read More »