I see that Stan Myerson, Richard Desmond’s number two and “brother-in-arms” is retiring. The British newspaper industry had never seen anything quite like Desmond and Myerson (below, centre, with BT’s Gavin Patterson and Ian Livingston) when they descended on the ...
Read More »Kellogg’s Special K to JWT, Omnicom bats against client payment terms and still has to resolve C5 stand-off
*Leo Burnett in the States has lost Special K in the US to JWT, which will please people at WPP Towers in London’s Mayfair, already gung-ho following a triumphant WPP performance at Cannes. Kellogg’s’ Special K is one of those ...
Read More »Omnicom’s airtime row with Channel 5 shows that UK media buying isn’t a free market at all
There still seems to be no sign of a resolution of the airtime dispute between Omnicom media buying company Opera and Channel 5. Which is odd because when WPP’s GroupM fell out with Channel 4 a couple of years ago ...
Read More »Omnicom and Channel 5: are the UK’s big media agencies working for themselves or their clients?
The short answer to the above should probably be: working for both. But Omnicom’s decision to pull all its advertising from UK terrestrial broadcaster Channel 5 raises a number of rather concerning issues. C5 gets about ten per cent of ...
Read More »Sorrell’s pay hits £30m, Dessie sells Channel 5 for £450m, David’s second coming for ‘subservient chicken’
***More from the wonderful world of adland and its parallel universe of ridiculous pay awards: WPP boss Sir Martin Sorrell trousered £29.8m in 2013, despite having his base pay reduced after shareholders moaned quite loudly about his previous pay packet. ...
Read More »Desmond eyes bumper £700m payday from Channel 5
We haven’t always been UK media entrepreneur Richard Desmond’s biggest fan – he started out at the tacky end of tacky with porn magazines (where he still resides with some of his TV channels) – but the boy certainly has ...
Read More »Sorrell shows his cojones to support GroupM against bully critics and takes another potshot at ‘POG’
Here’s my chum Mark Sweney from the Guardian bearding WPP’s Sir Martin Sorrell (left) on the alleged bullying activities of his media buying giant GroupM, recently criticised by both Richard Desmond of Channel 5 and (on its grip on TV ...
Read More »WPP’s GroupM Entertainment accused of wielding too much power over TV programmes as well as ads
Regulators around the world may be fretting over the media power that will be commanded by the merger of Omnicom and Publicis (40 per cent of the ad media market in some instances) but it’s the allegedly over-mighty GroupM, owned ...
Read More »Desmond puts the boot into old chum Sorrell over GroupM’s TV buying power
If there’s one thing stranger than Channel 5 and Express Newspapers owner Richard Desmond (‘Dirty Dickie’ to his enemies because of his ownership of porn TV channels) addressing the august Royal Television Society, it’s the maverick tycoon taking a pot ...
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