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Deepgroup CEO resurfaces
at North Creative

LONDON - Gary Lockton, founder and CEO of the defunct Deepgroup, has been hired as the CEO of internet agency North Creative.

Future losses mount as it enters refinancing talks

LONDON - Troubled publisher Future Network has entered refinancing discussions as it posted widened first-half pre-tax losses of 106.8m - up a massive 652% from 14.2m, despite restructuring and cost-cutting at the company.

More jobs axed as Trinity Mirror effectively folds digital arm

LONDON - Trinity Mirror has effectively signalled the closure of its digital division as it prepares to axe more jobs and reintegrate its regional web operations with their newspapers.

Bottomley urged to apply for BBC job

LONDON - Former Conservative cabinet minister Virginia Bottomley is being encouraged to enter the race for the vice-chairmanship of the BBC.

Langdon nets McCann top Euro job

Ben Langdon, McCann-Erickson's UK chairman and chief executive, has been handed the network's top regional post, taking control of McCann-Erickson Worldwide operations for Europe, the Middle East and Africa. Langdon takes over the post of regional director of McCann-Erickson EMEA from...

Dentsu merges CDP and travissully after £20m Honda defeat

Dentsu is uniting its two UK agencies, CDP and travissully, less than four months after CDP lost its showpiece 20 million Honda account. Senior Dentsu executives have agreed that combining CDP's traditional skills with travissully, which specialises in co-ordinated offline and online...

CDD Testa to shut as founders walk

The founding partners of CDD Testa are walking away from the deal with the Italian network after less than three weeks in business. Walter Campbell, Sean Doyle, Dave Dye and Marco Testa issued a joint statement on Wednesday announcing that they will abort their plans to launch a London...

Bowden steps down after 20 years with Saatchis

Derek Bowden, Saatchi & Saatchi's European chairman, is quitting the group after 20 years. He leaves at the end of November with no job to go to. But he insisted this week: "I jumped. I wasn't pushed." Bowden, who in August told Saatchis' chief executive, Kevin Roberts, of his intention...

Contract publishers Premier Media and Redwood in merger

Omnicom is preparing to merge Premier Media Partners, the publisher of British Airways' in-flight magazines, into its fellow contract publisher, Redwood, as the holding company reacts to a crisis sweeping in-flight publishing. An official announcement on the merger is expected next week,...

PERSPECTIVE: Turbulent economic climate plays havoc with adland's plans

Before the dust settles on what's really going on at Testa and Tempus, we are left to draw our own conclusions. So here goes ... First, Testa. After years of half-hearted flirting, it looked like Italy's most admired agency, Armando Testa, had finally committed to the London market when...

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