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AOL buys Goviral for £61m

AOL Europe has bought the branded online video distribution network Goviral for $96.7m (£60.9m) in a bid to improve the measurable solutions it offers to publishers and advertisers.

Heineken set to be official beer of London 2012

Heineken is due to be revealed as the official beer supplier of the London 2012 Olympics and Paralympics.

The Red Brick Road merges with Ruby

The Red Brick Road is merging with its sister digital and direct agency Ruby, to form a new, as yet unnamed, agency.

Hearst pays €651m for Lagardère magazine business

Hearst Corporation has made a "binding offer" of €651m (£559m) for Lagardère's international magazine business, which includes a licensing agreement for fashion magazine Elle.

WPP to take controlling stake in Ogilvy South Africa

WPP's Ogilvy & Mather is to increase its stake in Ogilvy South Africa from 49.9% to 59%, subject to regulatory approval.

Northern Rock appoints Tangible Group to ad account

Northern Rock has appointed Tangible Group to handle its advertising account after a competitive pitch against undisclosed agencies.

W+K and OMD scoop £70m Levi's global account

Wieden + Kennedy and media agency OMD have won the consolidated £70m creative and global media planning and buying account for Levi Strauss & Co.

Google to make YouTube more social with latest acquisition

Google has acquired social media analytics company Fflick with a view to boosting YouTube's social capabilities.

Rachel's Organic in hunt for ad agency

Rachel's Organic, the dairy brand, has approached ad agencies with a view to appointing a shop to work across its range of products.

UM picks up £20m South African Tourism

South African Tourism has appointed Universal McCann to its estimated £20 million global media account.

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