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CAMPAIGN-I: Spotlight On: The internet revolution - The internet will force adland to revise traditional practices. Martin Sorrell outlines the opportunities he believes the net will bring agencies

Every day brings with it another story of millions won and lost on the stock market. Pages are devoted to the lastminute.com share price as if that was the important story. And yet anyone who equates dotcom share prices with the importance of the dotcom revolution fundamentally misunderstands what we...

WPP and Finsbury end talks

Talks between UK financial PR company Finsbury and the advertising holding group WPP Group have...LONDON (Brand Republic) - Talks between UK financial PR company Finsbury and the advertising holding group WPP Group have failed, according to reports. WPP, which owns the Ogilvy 15m to 20m for Finsbury with an earn-out deal valuing the company at 50m. However, this price was later deemed “ludicrous ...

WPP dumps Andersen as auditor

LONDON - WPP Group is the latest company to sack Arthur Andersen as its auditor, following...WPP said in a statement today that it is proposing to appoint Deloitte & Touche "following a thorough review of services offered by a number of the leading international accountancy firms". The marketing services company, owner of agencies including Ogilvy & Mather and J Walter Thompson, is one of a ...

WPP to make 'thousands of redundancies'

WPP Group is to axe thousands of jobs according to newspaper reports....to be concentrating on cutting back in areas where staff costs exceed 60 per cent of revenue. WPP operations ... cent of its workforce will be cut as rubbish'. WPP currently employs 100,000 world ... Europe and Asia where demand for PR and market research continues to grow. WPP is not the only ...

Takeover Panel dismisses WPP appeal

LONDON - The Takeover Panel last night rejected WPP Group's appeal against the ruling that it must...WPP had wanted to invoke the adverse material change clause to allow its bid for Tempus to lapse. WPP had already had its move rejected by the Takeover Panel executive. Yesterday, it appealed to the full panel. The panel said that WPP can apply to appeal against its decision within 24 hours ...

WPP buys contract publisher Forward

LONDON - WPP Group has acquired UK contract magazine publishing company Forward Group...WPP has acquired the full share capital of the company, which was founded in 1986 in London ... and should be a powerful means of communicating with a company's target audiences. WPP presents unlimited ... independently within the WPP Specialist Communications division, continues WPP's strategy of expanding its ...

No surprises in WPP offer document

LONDON - There were, as expected, no last-minute surprises in WPP Group's offer document for its...The document, which was issued yesterday, gives Tempus shareholders until October 1 to accept WPP ... will respond. The 555p-a-share WPP offer trumped Havas's original 541p-a-share offer at a premium of 14p a ... . If this happens, analysts believe that it is unlikely WPP will counter-bid, but will instead take the money ...

Strong quarter at Omnicom and WPP

Omnicom and WPP have both reported strong third-quarter performances, with each group posting....26 billion. WPP, its closest rival, revealed an increase of almost 4 per cent to pounds l.068 billion ... per cent to £76.06 million. WPP pointed to significant growth from its operations in Asia ... . It marks the highest like-for-like quarterly growth recorded by WPP since the first quarter of 2001 ...

Deutsche Bank backs WPP shares

LONDON - As WPP awaits the Takeover Panel's decision on whether it must proceed with its takeover...The bank said that WPP was well positioned to exploit the structural growth in the advertising ... . WPP's much-fluctuating share price was up 3.5% to 512.5p. WPP is due to publish its results ... market. In a research note, Deutsche Bank said that it expects WPP to say its current targets ...

Paster resigns from WPP board

WPP Group has announced that its executive vice-president of PR Howard Paster has resigned from its...said. No decision on a successor has been made. Paster said WPP Group CEO Sir Martin Sorrell had ...

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Making the most of mobile

Welcome to the first incarnation of a new element in Campaign in which we invite experts to burrow beneath the surface of the catch-all that is "digital". Google, Isobar Mobile, JWT London, LBI and MBA share their insights on mobile.