CIA folds Media Solutions into main agency

By CLAIRE BEALE, campaignlive.co.uk, Friday, 30 October 1998 12:00AM

Media Solutions, the Tempus-owned media independent, is to merge with its sister agency, CIA Medianetwork, in a restructuring designed to strengthen the ailing CIA agency and streamline Tempus’s UK assets.

Media Solutions, the Tempus-owned media independent, is to merge

with its sister agency, CIA Medianetwork, in a restructuring designed to

strengthen the ailing CIA agency and streamline Tempus’s UK assets.



Media Solutions is likely to be rolled into CIA before the end of the

year, taking its clients and staff with it to boost CIA’s billings and

proposition.



The agency has a client list including Nationwide, Blockbuster and

Cussons and billings of about pounds 50 million, which will provide an

injection of volume into CIA’s depleted client portfolio.



At the same time, the merger will allow Media Solutions’ clients to take

more advantage of CIA’s products and services in areas such as new

media, research and strategy.



News of the deal emerged after Media Solutions’ plans to move into new

offices were put on hold. It is understood that the agency was about to

sign a lease on a new building but was told by CIA bosses that the

company would be moving into CIA’s Paris Garden headquarters.



Tempus acquired Media Solutions outright in July this year - buying out

the 49 per cent owned by BDDP GGT - but had originally intended for it

to operate as an independent second-string agency.



Since then, however, the main CIA brand has lost a number of key

accounts - including Somerfield and Lloyds/TSB - and is restructuring to

streamline and reposition the agency.



Tempus is understood to be keen to simplify its UK group structure under

a leaner and more efficient set-up. The company had previously pursued a

strategy of joint ventures to broaden its presence in the media

market.



Another CIA sister brand, the Negotiation Centre, was rolled into CIA

earlier this month, and the Media Solutions move represents the second

phase of the streamlining process.



Mainardo de Nardis, the chairman and chief executive of CIA, would not

comment on the merger of Media Solutions and CIA.



This article was first published on campaignlive.co.uk

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