The global ad giants believe the worst of the downturn is behind them, but disagree on whether a recovery is underway. The head of WPP Group, the world's largest marketing company, weighed in yesterday with third-quarter results that were "less wo...
WPP Group reported an 8.7% decline in organic revenue, to $3.319 billion, in the third quarter, compared to the same quarter a year ago. The decline followed a 10.5% decline in the second...
A friend of mine who has been a professional nuclear engineer for a couple of decades sent me a link to a mid September 2009 blog post at AdWeek.com titled Grey Energizes America's Natural Gas Alliance: WPP Group shop fires up first salvo this weekend . Here is a quote from the advertising trade press publication: NGA, a group of independent natural gas exploration and production companies, was formed...
Posted By: Julia Boorstin On the heels of Yahoo!'s better than expected earnings after the bell Tuesday, the web giant will announce a partnership later today that represents a new focus on original content. I have the early scoop: Yahoo! is about to announce it's partnering with ad giant WPP's Group M Entertainment to together produce new branded webisodes, both companies bringing in advertisers,...
The IOC has to embrace younger generations and "learn from the likes of YouTube or risk losing young viewers for life." That was the opinion of Martin Sorrell from WPP Group as reported by Social Media today. In a keynote speech on digital media at the International Olympic Committee’s Congress he also recommended that “If they are going online, you go online. You have to let...
With the 2016 Olympic Games all squared away and set for Rio de Janeiro, members of the International Olympic Committee could get down to more serious business—such as how to handle the issue of online video. WPP Group CEO Sir Martin Sorrell had some very simple ideas for the IOC as he spoke at the group’s congress. According to the Canadian trade mag Marketing , Sir Martin advised the...
Since the end of 2006, Omnicom Group’s smaller rivals WPP Group and Publicis Groupe have struck out aggressively to acquire digital ad shops, while Omnicom has tended toward smaller investments like the purchase of interactive marketer C2 Creative , or taking a stake in New Zealand web designer Shift and virtual world ad specialist Millions of Us . With companies like Digitas, 24/7 Real Media...
Tired of being left behind smaller ad holding company rivals in making digital acquisitions, Omnicom Group is forming a division that will look for digital acquisitions, the WSJ reports . The new unit, called Omnicom Digital, will be headed by Jonathan Nelson, who is now a special adviser to CEO John Wren. Omnicom Digital will oversee some in-house digital companies within Omnicom, such as its analytics...
He may have lost the first round, and the company he's targeting may be struggling, but ad king Martin Sorrell isn't giving up in his legal vendetta against digital-ad firm Spot Runner. Sorrell's WPP Group has vowed to pursue its claim that Spot R...
WPP Group’s lawsuit against web-based TV creative ad agency Spot Runner for securities fraud and breach of contract has been dismissed, sources close to the legal dispute tell paidContent. WPP, which helped lead a $40 million funding in the Los Angeles company about three years ago, accused Spot Runner of failing to disclose a stock sale to other shareholders. The Dublin-based ad holding company...
I had the good fortune to attend the thought-provoking " Future of Media " panel, hosted by MediaPost and sponsored by AOL and others, in New York City last week as part of Advertising Week . Featured (from left to right) were: Mark Cuban (HD Net, Dallas Mavs), Vivien Schiller (NPR), Bob Garfield ( Ad Age , NPR), Martha Stewart , Reid Hoffman (LinkedIn), Susan Whiting (Nielsen), Rob Norman...
Yahoo’s estimated $100 million campaign is all about putting it’s “Y” in “You.” Over the past few days, some details have begun to leak out about the campaign, which will be officially unveiled on Tuesday during Advertising Week . The new tagline is “It’s You!”—ads feature the Yahoo ( NSDQ: YHOO ) graphical “Y” and exclamation...