WPP and Young & Rubicam are reported to have drawn up an agreement
preventing WPP from attempting a hostile takeover of Y&R while talks
continue. The US-based Y&R is thought to be holding talks with other
companies. WPP released its first-quarter figures this week, revealing
the its revenues rose almost 20 per cent to pounds 558 million.
Omnicom posted first-quarter profits of dollars 143.5 million this week,
up from dollars 65.6 million for the same period last year. Omnicom, the
world’s largest advertising company, credited the bigger-than-expected
profits boost to new-business wins of dollars 1.3 billion, including
Charles Schwab and Energizer batteries.
FT Marketwatch is holding pitches for its pounds 10 million pan-European
account. WCRS, Delaney Lund Knox Warren & Partners, Leagas Delaney, M&C
Saatchi and Bartle Bogle Hegarty are understood to be pitching for the
ITV has appointed Maureen Duffy, the former group media director and
world partner of J. Walter Thompson, as controller of daytime
programming. Duffy was most recently the BBC’s controller of television
Europe’s first mobile phone-based e-commerce service has picked Barrett
Cernis Delves to handle its pounds 5 million UK account ahead of a
launch this summer. 12Snap offers mobile users the chance to conduct
business using their text messaging systems. BJK&E will handle the media
Grey has seen off competition from TBWA GGT Simons Palmer and OgilvyOne
to win the COI/Inland Revenue tax fraud task. MediaCom TMB has won the
media planning and buying business.
The Newspaper Society council has nominated Edwin Boorman, the chairman
and chief executive of Kent Messenger Group, as the society’s next
vice-president. Boorman will take over from Alec Davidson, who will
succeed president James Evans in July. Boorman’s appointment is subject
to approval at the May annual general meeting.
Miramax Films has appointed M&C Saatchi to work on its corporate
sponsorships, film tie-ins and creative and strategic consulting
projects. M&C will work on the assignments mainly out of the US.
The Amsterdam agency 180 has promoted Lorenzo de Rita to the new
position of creative director. Since joining as associate creative
director last year, the Italian-born de Rita has worked on several key
campaigns including its Adidas work featuring the sports stars Jonah
Lomu, David Beckham and Anna Kournikova. De Rita will report to the
managing creative director Larry Frey.
A media student is considering legal action against D’Arcy for allegedly
ripping off her idea and using it in a magazine ad for Maltesers. Liz
Jones, 23, said she was waiting to hear from lawyers who are examining
her case. D’Arcy denies plagiarism.
Orange has shortlisted TBWA GGT Simons Palmer and incumbent WCRS for its
pounds 30 million account. The mobile phone operator dropped HHCL &
Partners and Lowe Lintas from its list following the initial round of
pitches last week. The media account, held by Mediapolis, is unaffected
by the review.
Stefano Hatfield, editor-in-chief of Campaign, has been appointed
managing director of Advertising Age International, based in New York.
He leaves the magazine immediately. Claire Beale, acting editor of
Campaign, said: ’It’s one of those jobs you have to take. We wish him
all the best.’ Hatfield said: ’I’ve had a fantastic nine years here and
I leave knowing the magazine is in great shape for the future. But even
though I resigned on a Wednesday they still only give me the bottom