WPP appears to be following the Publicis ‘country manager’ route with the appointment of Franck-Michael Schmidt (below), CEO of its Scholz & Friends Family as the first president of its German business. Germany is WPP’s third biggest market after the ...
Read More »Wunderman Thompson charts world’s most “inspiring” brands – Google is top
Wunderman Thompson has been measuring what it describes as “the world’s most inspiring brands” for three years now and this year’s list is topped (again) by tech giants Google (below), Apple, Samsung and Amazon – who happen to be four ...
Read More »M&C takeover hits the (rather predictable) buffers
M&C Saatchi is out of the takeover woods – for now – as 89% of shareholders voted against the proposal from Next15, originally agreed by the Saatchi board before Next’s share price tanked along with other tech-based stocks. M&C became ...
Read More »Talon America wins Krystal Restaurants
Breaking into America is hard but UK-based independent Out of Home media agency Talon America has made a step forward, winning southern-based chain Krystal Restaurants which operates in around 300 locations. Talon will use its tech platform to drive foot ...
Read More »Now it’s Halloween Horror Dolls from hyperactive BT
BT seems to have been re-energised since landing at Saatchi & Saatchi (not before time you might say) and now it’s following its Broadband Nightmares campaign with a Halloween offer of “fully functional and custom wifi controlling Horror Dolls,” which ...
Read More »Falling share valuations could lead to takeover challenges for the ad holding companies
Martin Sorrell has done pretty well out of the City, London’s financial centre, persuading investors to back his S4 Capital venture when he was rudely defenestrated from his creation WPP. Faith in Sorrell helped S4 rise to a dizzy valuation ...
Read More »WPP disappoints with 3.8% Q3 organic growth
WPP reported a seriously underwhelming third quarter of 2022 with like-for-like revenue less pass-through costs (its rather lumpy definition of organic growth) of just 3.8%, way behind rival Publicis’ 10.3% and trailing US rivals Omnicom and Interpublic. However the company ...
Read More »IPG reports slowing Q3 organic growth
Interpublic’s Q3 organic growth came in at 5.6% with net revenue up just 1.5% from 2021, suggesting that US-based holding companies are already feeling the effects of the global slowdown. IPG lags fellow US-based rival Omnicom on 7.7% and seemingly ...
Read More »Steady as she goes for Omnicom, IPA Bellwether downgrades UK ad growth
You rarely get firewoks from Omnicom and it reported solid Q3 2022 progress with organic revenue growth of 7.5%, upgrading its full year guidance to 8-8.5%. Omnicom seems to have been hit harder in Europe than its rivals in pulling ...
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