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Publicis Groupe was this week emerging as the most likely new owner of the stricken Cordiant as details were revealed of millions of pounds worth of losses suffered by the group during its acquisition spending spree.
The media auditor Billetts has sparked controversy with a proposal that the Competition Commission allows a single ITV sales point in 2006 and appoints an auditor to regulate airtime deals in the meantime.
OMD and the poster buying specialist Alban Communications have disposed of their shares in the jointly owned poster-buying company Outdoor Connection.
Norwich Union, the UK's largest insurer, has approached four digital agencies to develop a brief for an online campaign for its life insurance division.
Dow Jones Company has appointed Phil Kramer as the advertising director of The Wall Street Journal Europe. Kramer, 41, succeeds Isabel Metzler who is leaving the company after 15 years. Kramer was previously the director of sales for AOL UK.
Lord Black of Crossharbour, the chairman and chief executive of Hollinger, the publisher of The Daily Telegraph, has bowed to shareholder pressure and agreed to form a committee to investigate tens of millions of dollars in payment to himself and other executives. The committee will be made up of independent...
Scottish Radio Holdings brought cheer to the UK media sector as the Glasgow-based group unveiled doubled profits for the six months to the end of March, and said a strong rise in advertising was continuing into the second half. Total revenues were up 28 per cent at 42.3 million, while pre-tax profit...
Ogilvy Mather is to launch an international print campaign for the World Wildlife Fund aiming to convince the banking and finance community to think again before supporting large dam projects.
Will doing away with share dealing make the Carlton and Granada merger palatable to the Competition Commission, Alasdair Reid asks.
Do you remember the flying Zurich pigs? 'Course you do. This time a year ago the pigs were the talk of the town off the back of a Babe-inspired commercial for a new type of direct banking and the promise of deposit interest rates unmatched by any other institution.
