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Cordiant acquires live events company

LONDON - Cordiant Communications, the UK marketing services group, has acquired 100% of live events company Presentation Communications International.

Interpublic to lay off 3,500

NEW YORK - The Interpublic Group of Companies, the world's largest advertising and marketing services group, announced it is to cut 3,500 jobs as it reported a second-quarter net loss of 110.2m ( 77.2m).

NTL plans 5,000 jobs cuts

LONDON - Shares in UK cable operator NRL surged 9% on the news that it is to shed 5,000 jobs over two years and consider disposing of its broadcast division, which is worth 2.5bn ( 1.8bn), in an attempt to accelerate its chances of breaking even in 2003.

STOP PRESS: News in brief

Compaq has promoted Hugh Barton to UK & Ireland marketing director, from planning and market development director. He replaces Robert Fedder, who has moved to head the strategy and development team.

STOP PRESS: News in brief

Microsoft has confirmed that Universal McCann has picked up the pan-European media planning and buying for the launch of XBox.

TXU Europe rethinks energy brands

TXU Europe, the UK's second-largest energy retailer, has appointed branding consultancy Enterprise IG to review its Eastern Energy and Norweb Energi brands. Enterprise IG is thought to be helping TXU Europe on the roll-out of its national consumer brand, TXU Energi. A spokesman for...

Microsoft in revamp of Hotmail to bolster MSN

Microsoft has overhauled Hotmail, its flagship web-based e-mail service, in the service's most fundamental upgrade since its launch. In a move designed to encourage users to develop a commercial relationship with MSN, Hotmail has been integrated much more closely with the company's MSN...

Seeboard names Archibald Ingall Stretton to roster

Seeboard Energy has added Archibald Ingall Stretton to its advertising agency roster following a competitive pitch. The agency will work alongside Designate Advertising on the roster, developing project work that could encompass research, advertising and direct marketing. Seeboard,...

Iomega appoints The Leith Agency to £4.3m activity

Iomega, the disc storage company, has awarded its 4.3m above-the-line pan-European account to The Leith Agency. The agency won the work in a pitch against Springer & Jacoby International, Myrtle and Farm. It will initially create and implement a brand-building campaign breaking...

MEDIA: News in brief

ITN has joined forces with NewsTakes, a software company that can deliver live television over GSM networks, to trial audio and video delivery of live and archived news to mobile phones and PDAs. The deal means ITN will be able to offer live video and archived clips, as well as text and images...

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