By James Whyms New Ciesco number crunching shows that Q3 2015 produced mixed results for the four largest marketing communications holding companies. WPP’s top line growth for Q3 was up 5.9 per cent to £2.9bn ($4.6bn), up 4.6 per cent ...
Read More »Media rebate investigation could be ‘mortal threat’ to one or more of the marcoms holding companies
The big holding companies would like the story to be about their range of skills, scale, mastery of the new digital media environment and ability to smooth out the troughs (if not the peaks) of a notoriously cyclical business. Unfortunately ...
Read More »US advertisers call in Jules Kroll’s K2 to investigate undisclosed media rebates
The US Association of National Advertisers is calling in the heavies to investigate the vexed issue of undisclosed media rebates. It’s hired auditor Ebiquity and sister company Firm decisions – fair enough, that’s what they do. But also K2 Intelligence ...
Read More »Publicis Groupe drawn into Rato scandal in Spain
Spain is currently embroiled in a financial scandal dating back to the financial crisis and one of the leading figures reportedly involved is Rodrigo Rato, a former Spanish finance minister and, after that, managing director of the International Monetary Fund ...
Read More »Struggling P&G slashes $300m from agency costs
Consumer goods giant Procter & Gamble – the world’s biggest advertiser but currently bedevilled by flat sales and profits – is making its extensive agency line-up take the hit as it moves more money from agency fees into bigger media ...
Read More »Embattled Starcom pulls out of $1bn GSK media review
The spate of global media reviews is an unfolding nightmare for Publcis Groupe’s media agencies, especially its main US player Starcom Mediavest. With between $20-30bn of global media up for review Starcom is defending all or a slice of many ...
Read More »Lidl heads pitch list in London’s media market where the talk is about how much rather than how good?
The world is awash with big media reviews – a dozen or so are taking place at the moment including the likes of Coca-Cola, P&G and Unilever (although theirs is seemingly endless – by the time it’s concluded the participants ...
Read More »Havas accused of off-piste media deals
Those sleuths at Ad Age (Alexandra Bruell to be precise) have discovered the existence of a strange entity within Havas – HM Alliance based in Spain – which bills media owners a fee based on the amount of business Havas ...
Read More »Ebiquity and WPP fall out over programmatic media buys
I hear that media auditor Ebiquity, helmed by GGT founder Mike Greenlees and former MGM media agency boss Nick Manning, has fallen out big time with WPP. M’learned friends (lawyers) are being consulted, it seems. The row relates, in part, ...
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