News

More trouble for MediaCom in the US as CEO Checkeris departs

MediaCom, until recently the jewel in WPP’s media planning and buying crown, seems to be having endless troubles in the US, CEO Doug Checkeris departing in the wake of the loss of the $1.4bn GSK business to Omnicom’s PHD. Here’s ...

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Matthew Freud escapes from Publicis with majority share buy back

The ever-restless PR maven Matthew Freud, Rupert Murdoch’s son in law through his marriage to production company owner Elizabeth Murdoch, has bought back the 50.1 per cent of his company he sold to Publicis Groupe in 2005 in a deal ...

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Goldman Sachs investment says Facebook is worth $50bn

Or so the BBC (and the Financial Times and New York Times) seem to think. Top investment bank Goldman Sachs (the global economy’s version of Paddy Power) has stuck a load of its own money into Facebook stock (or options) ...

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Procter & Gamble takes over from UK government as top 2010 ad spender

Procter & Gamble was the UK’s biggest ad spender in 2010 with £195m, a whopping increase on the £158m it spent in 2009 according to Nielsen figures for the Daily Telegraph. Next comes BSkyB on £168m, up from £151m and ...

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Buckingham Palace isn’t giving up – they still want us to call Kate Middleton (queen-to-be) Catherine

If it carries on like this they’ll be kicking the corgis next at that big house at London SW1A 1AA (there’s an address for you). Buckingham Palace spokespeople (Private Eye occasionally imagines one called Sir Alan Fitztightly) are still trying ...

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