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Troubled Organic in talks with BBDO

LONDON - BBDO Worldwide and its digital marketing division @tmosphere are in talks with troubled online agency Organic about a strategic alliance that could result in a merger.

Primedia close to buying Inside.com

Powerful Media is understood to have struck a deal to sell its high-profile US media website, Inside.com, to Seventeen and New York Magazine publisher Primedia.

Murdoch DirecTV bid undervalues company

Rupert Murdoch’s proposed takeover of the US’s largest satellite TV company, DirecTV, has been accused of undervaluing the company.

RealNetworks in talks with record company giants

Three major record companies, Warner Music, BMG Entertainment and EMI Group, are in talks to license their music to internet media company RealNetworks, which hopes to use the material on a planned subscription service.

Jaguar consolidates $125m account into Y&R

Jaguar Cars is consolidating its 125m ( 87.74m) global advertising account into WPP Group’s Young & Rubicam. Until now, it has been split between Ogilvy & Mather in North America and J Walter Thompson in Europe and other markets.

Foot and mouth causes advertising fall at ITV

ITV’s advertising revenues were dealt another blow this week when it emerged that the foot and mouth outbreak has had a negative impact, with both Waitrose and Macdonald’s reportedly pulling large advertising campaigns.

Wall Street Journal cuts online staff

The online version of the Wall Street Journal has become the latest in a string of online content sites to lay off a number of staff in an effort to cut costs as the advertising market slows.

ITV loses Popstars ‘Nasty Nigel’

Nigel Lythgoe, the man who brought Popstars to UK TV screens, has quit his job as controller of entertainment at ITV to head up a TV company set up by former Spice Girls manager Simon Fuller.

Emerging markets lift Coca-Cola sales

Growth in emerging markets has helped Coca-Cola maintain sales and offset sluggish growth in key markets whilst matching many analysts’ expectations.

BT is holding back UK web access says report

BT is holding up the UK’s access to affordable high-speed internet access, according to a report from analyst firm Point Topic.

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