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Omnicom pre-tax profits down slightly to $331m

Omnicom, the owner of the BBDO and OMD networks, reported pre-tax profits of $331m (£216m) in the first quarter of 2013, down 0.8% year on year, despite revenue rising by almost 3%.

Reputation Survey: Google trusted despite industry dominance

Google may be embroiled in an EU investigation into alleged anti-competitiveness, however one in four members of the public continues to rate it as the most trusted tech brand.

UTV boss Scott Taunton's pay down almost 17% in 2012 to £332,311

Scott Taunton, the managing director of TalkSport-owner UTV Media (GB), earned a total of £332,311 a year in 2012, down 16.8% year on year despite the GB division's operating profit rising 4.8%.

Creative business rankings

19 April 2013: No changes in the creative league this week, with TBWA UK remaining at the top.

Media business rankings

19 April 2013: MediaCom maintains its pole position in the media rankings.

Global adspend increases despite weakness in Europe

Worldwide advertising spend rose 3.2 per cent to $557 billion (£362 billion) last year, despite advertisers in Europe tightening their belts, after spend increased in the TV, internet, radio, outdoor and cinema sectors.

PR agency profits rise 18 per cent as redundancies fall

UK PR agencies have experienced their most profitable year since the global economic downturn and a sharp drop in redundancies, but the industry still faces a testing time during 2013.

Tesco hails improvement in ad performance as profits take a hit

Tesco claims its new advertising strategy is producing measurable results with customer feedback revealing the brand is now "warmer and more engaging".

PR industry's exploitation of interns probed by HMRC

PR professionals are among the worst offenders for exploiting interns, according to research by campaign group Intern Aware.

Publicis Groupe organic growth slows to 1.3%

Publicis Groupe, the owner of Saatchi & Saatchi and Starcom MediaVest Group, has reported revenue of €1.6bn (£1.3bn) in the first quarter, up 7.6% year on year although tough comparables and a weak European market held back organic growth.

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