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EMI and Time Warner merger is off

LONDON - The proposed £14bn merger between US media giant Time Warner and UK music group EMI has been aborted, following an investigation by European Union anti-trust officials.

De Jaegher takes on P&G food and beverages in UK

Procter & Gamble has promoted Gino de Jaegher to the top marketing role for its food, beverages and babycare brands in the UK.

Wimpy takes on trendy coffee bars

Wimpy, the UK burger chain, is shaking off its outdated image with a pounds 3m revamp, including redesigned restaurants, a new logo and the introduction of alcohol and luxury coffee ranges at some outlets.

BBC's 10pm news will devastate ITV

Advertisers have attacked the BBC s decision to push ahead with moving the Nine O Clock News to 10pm and predicted it will have a devastating effect on ITV s peak-time performance.

Renault to tie up with C4 drama in pounds 3m sponsorship

Renault is embarking on its first TV sponsorship activity, which will see it back new drama on Channel 4 in a pounds 3m, 12-month deal.

Royal Mail stands by PPS after DMA 'monopoly' attack

The Royal Mail has defended itself against an attack by the Direct Marketing Association (DMA) over its plans to launch a new Postal Preference Service (PPS).

Nike set to pool pounds 60m media into MindShare

Nike, the official sportswear sponsor of the 27th Summer Olympics, is set to consolidate its pounds 60m pan-European media business into MindShare.

STOP PRESS

The Gap US is planning to hire an ad agency for the first time, following the resignation of its global marketing chief Jim Nevins last week. A spokeswoman said any agency would only be appointed on an interim basis and that UK arrangements would be unaffected.

STOP PRESS

The Conservative Party has gone live with a new web site in time for its Party Conference this week. The site, www.conservatives.com, features streamed video of the conference as well as the capacity to join the party and make donations online. The site was created by new media house Uovo.

STOP PRESS

Last Mile Solutions, the fulfilment company teaming up with Waitrose to launch an internet home-shopping service, is in talks with two unnamed agencies about its pounds 10m UK advertising account. It hopes to make an appointment by the end of this year.

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