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Saatchi & Saatchi loses £18m
Lloyds TSB account

20 Dec 2001 | by Gordon MacMillan and Jennifer Whitehead,

online banks such as Egg and Intelligent Finance. Lloyds itself bungled its own online banking aspirations -- last year it abandoned its online brand Evolvebank. Recent work by Saatchis this year ...

Diageo to sell Malibu as Seagram
deal is approved

20 Dec 2001 | by Staff,

chain of wine shops. Bourbon brand Four Roses will be bought by Japanese brewer Kirin, and Mumm Sekt ...

AdCritic.com goes bankrupt

19 Dec 2001 | by Claire Billings,

professionals visiting the site every month. AdCritic employed 11 staff. In an online conversation ... was available to access round the clock online. The site initially charged agencies 170 for hosting ... such as conducting online focus groups. A statement posted on the on the site read: "AdCritic.com has enjoyed ...

Vivendi stakes its claim to the US

18 Dec 2001 | by Claire Billings,

control of the interactive assets of USA Networks, which include Ticketmaster and the Home Shopping ...

Excite UK to close at the end of the week

17 Dec 2001 | by Gordon MacMillan,

.excite.co.uk." Excite blamed the closure of the site on the downturn in online advertising. Managing director Rebecca ...

Vivendi pays $10bn for USA Networks
entertainment business

17 Dec 2001 | by Gordon MacMillan,

Shopping Network and Ticketmaster, which is not part of the deal with Vivendi. It marks ...

America's permanent pastime - The Lowbrow Lowdown

17 Dec 2001

, "consumer rag" Which? claims that "school-targeted shopping promotion schemes don't provide particularly ... , the awards may seem chintzy, but they're only there as an extra incentive to shop. If the main reasons to buy ... giveaway wouldn't attract people to shop for food when all they really want is a computer. Then again ...

Chime takes majority stake in online
agency BloodPartnership

14 Dec 2001 | by Staff,

LONDON - Chime Communications has taken a controlling stake in online advertising agency...BloodPartnership specialises in online and interactive campaigns, including viral email, banner ads and animation. Clients include Iceland, Virgin.net and Securicor. Chime has now upped its stake ... years, depending on profitability. The group's Chime Online interactive division also includes ...

AOL Time Warner enters
double marketing pact

14 Dec 2001 | by Staff,

In a separate deal, AOL Time Warner subsidiary America Online has also negotiated an advertising ... and online media such as Instant Messenger. Terms of the deal were not disclosed, but it was said to be a "multimillion dollar, multi-year alliance". America Online interactive brands such as AOL and CompuServe ...

Advertising plummets 45% at Wall Street Journal

13 Dec 2001 | by Claire Billings,

the newspaper and its online version, WSJ.com, following four years of planning and £162m in capital expenditure ...

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