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Deepgroup CEO resurfaces
at North Creative
LONDON - Gary Lockton, founder and CEO of the defunct Deepgroup, has been hired as the CEO of internet agency North Creative.
Future losses mount as it enters refinancing talks
LONDON - Troubled publisher Future Network has entered refinancing discussions as it posted widened first-half pre-tax losses of 106.8m - up a massive 652% from 14.2m, despite restructuring and cost...
More jobs axed as Trinity Mirror effectively folds digital arm
LONDON - Trinity Mirror has effectively signalled the closure of its digital division as it prepares to axe more jobs and reintegrate its regional web operations with their newspapers.
Bottomley urged to apply for BBC job
LONDON - Former Conservative cabinet minister Virginia Bottomley is being encouraged to enter the race for the vice-chairmanship of the BBC.
Havas shares fall as profit
warning is expected
PARIS - Havas Advertising has had its share recommendation lowered from a "hold" to a "reduce", ahead of a likely profit warning.
VNU cuts 50 jobs in UK restructure
LONDON - VNU is to axe 50 jobs as part of a reorganisation of its London office as the Dutch-owned IT publisher becomes the latest to feel the affects of the advertising slowdown.
WPP and Interpublic winners in global Coke alignment
NEW YORK - The Coca-Cola Company will announce later today the results of a global realignment of its advertising business, which is likely to see WPP Group agency Ogilvy & Mather and Interpublic Grou...
Cordiant chief denies share
plunge will lead to takeover
LONDON - Cordiant Communications has issued a profits warning, stating its full-year revenues will fall by 5% owing to cancelled advertising campaigns.
Future suspended as investors
anticipate dire losses
LONDON - Shares in troubled publisher Future Network have been suspended from the London stock exchange pending an announcement ahead of the company's first-half results, which are due to be reported ...
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