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Paidcontent (Free subscription) | 06/29/2009
Although Microsoft ( NSDQ: MSFT ) hasn’t made its plans to sell interactive ad shop Razorfish official, sources say the company has been stepping up preparations for the sale of the aQuantive unit recently. And that’s in spite of concerns that the company wouldn’t be able to get the price it wanted. Microsoft has reportedly backed off the earlier asking price of $800 million and...
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Law Blog - WSJ.com (Free subscription) | 05/05/2009
TNS Media Intelligence, an ad-tracking firm owned by WPP PLC, reported Monday that ad spending in the fourth quarter fell 9.2% from a year earlier.
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Law Blog - WSJ.com (Free subscription) | 04/29/2009
WPP Group, the world's largest ad company by sales, reported a 5.8% fall in first-quarter revenue and said it wouldn't meet its full-year forecasts.
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Mediabuyerplanner (Free subscription) | 04/28/2009
WPP Group's revenue fell below expectations, but operating margins were ahead of budgets as shortfalls were offset by cost reductions. WPP saw like-for-like revenue sink 5.8% in the first quarter of...
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Seattle Post-Intelligencer (Free subscription) | 04/28/2009
LONDON -- Shares in Britain's WPP Group PLC, the world's largest advertising company by revenue, dropped on Tuesday after the company reported a fall in first quarter revenue and said it would not meet its full year forecasts.
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AdPulp (Free subscription) | 04/24/2009
Portfolio is running a breezy interview with Sir Martin, CEO of WPP Group. Here's one bit of substance for you to choke on. Q. What will your industry look like in five years? A. It's going to be more dominated by PCs, internet, video content, social networking. Our competitors say it's about creative ideas. We are totally in agreement with that. But they're missing the trick--that is, the application...
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Paidcontent (Free subscription) | 04/20/2009
Web-based TV ad agency Spot Runner has tried to reassure staffers over the weekend with a memo that could offer a clue as to how it plans to fight WPP Group's $13 million lawsuit accusing the company of securities fraud and breach of contract. WPP, which holds a 3 percent stake in the company, is suing because it was not informed of the sale of Spot Runner shares between Feb. 2006 and March 2008....
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Paidcontent (Free subscription) | 04/17/2009
Web-based TV creative ad agency Spot Runner is being sued by WPP Group for securities fraud and breach of contract, AdAge reports . WPP, which helped lead a $40 million funding in the Los Angeles company about three years ago, is accusing the Los Angeles company of failing to disclose a stock sale to other shareholders. The UK ad holding company is particularly incensed that Spot Runner allegedly...
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Media Week (Free subscription) | 04/15/2009
LONDON - Swedish retailer Ikea has called a review of its estimated £200m global media requirements, currently shared between WPP Group's Mediaedge:cia and sibling MediaCom.
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Paidcontent (Free subscription) | 04/06/2009
Glam Media has raised a $10 million fifth round from investors related to its Japanese and German units, paidContent has learned. The Japanese funding comes from Mizuho Venture Capital. The VC arm of the Japanese bank was joined by ad agencies Dentsu and WPP Group-backed ADK; magazine publishers Shogagukan and Syueisya; and print publisher NikkeiBP. Separately, Hubert Burda Media has made an investment...
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AdScam/The Horror! (Free subscription) | 03/24/2009
You will, no doubt, have seen the news in AdWeek yesterday that three New York shops are pitching the Vonage account... Publicis Group's Saatchi & Saatchi, Omnicom Group's TBWA\Chiat\Day and WPP Group's Enfatico. The pitches took place last week and...
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AdPulp (Free subscription) | 03/20/2009
Delta Airlines is once again being pitched, according to Adweek: Sources identified the contenders as Omnicom Group's BBDO, Publicis Groupe's Saatchi & Saatchi, WPP Group's Ogilvy & Mather, Interpublic Group's Deutsch in and independent Wieden + Kennedy. The latter is pitching from its Portland, Ore., headquarters, the rest from their offices in New York. What's interesting about that list...
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Paidcontent (Free subscription) | 03/19/2009
With companies like WPP Group and newer digital start-ups encroaching on its audience-research business, Nielsen has to find ways keep growing. Small purchases are one way to do that. The Nielsen Company announced today that is buying The Cambridge Group, a consulting firm based in Chicago. The Cambridge Group helps Fortune 500 companies with growth strategies. Still for Nielsen, buying the consultancy...
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Google Research (Free subscription) | 03/19/2009
Posted by Jeff Walz, University Relations and Anne Bray, Head of Agency, WPP Google and the WPP Group have teamed up to create a new research program with the goal of improving industry understanding of digital marketing. Eleven research awards have been given to universities through the Google and WPP Marketing Research Awards Program, announced by both companies in the fall of 2008. The academic...
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News Beast (Free subscription) | 03/18/2009
NewsFactor - Despite years of effort and millions of dollars, the effectiveness of online advertising is still poorly understood. Now Google and WPP Group, a marketing and communication firm, have joined forces to promote science-based research on how traditional and online advertising affect consumer choices.
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