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Icon Medialab merges with Lost Boys
LONDON - Troubled Swedish internet consultancy Icon Medialab is to merge with rival Dutch web company Lost Boys to form a new company, which is predicting positive operating results by mid 2002.
Icon Medialab shares suspended
LONDON - Shares of debt-ridden internet consultancy Icon Medialab have been suspended from the stock exchange in Stockholm until further notice, as the company scrambles to secure extra financing.
Irish Times to cut 40% of website staff
LONDON - The Irish Times is seeking to slash 23 jobs from its website ireland.com, as it attempts to stem widening losses.
AdCritic.com goes bankrupt
LONDON - AdCritic.com, the US TV and radio advertising website, has folded after running out of money.
Worldpop to relaunch consumer site
LONDON - Worldpop, the interactive youth marketing company and pop website, is planning a major consumer and commercial relaunch in the second quarter of next year, following its takeover by mobile ph...
Publicis launches specialist
digital marketing company
PARIS - Publicis Groupe, the sixth-largest advertising and communications group in the world, has announced the formation of MarketForward, a new company that combines the French group's marketing cap...
Excite UK to close at the end of the week
LONDON - Excite UK is to close after failing to find a buyer, following hard on the heels of Excite@Home in the US.
NTL in salvage talks
LONDON - NTL executives are set to meet today to discuss a restructuring plan, as investors in the foundering cable company look set to write off 4.1bn in debt.
Chime takes majority stake in online
agency BloodPartnership
LONDON - Chime Communications has taken a controlling stake in online advertising agency BloodPartnership.
Sainsbury's appoints marketing
director to the board
LONDON - J Sainsbury has promoted marketing director Sara Weller to the group board of the company as an executive director with responsibility for strategic planning, marketing, formats, Sainsbury's ...
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