Archive for 2011

Published 31st Dec 2011, 01:07

Media Square executives and bankers colluded on administration buyout

The bank that reportedly lost a large amount of money on the appointment of administrators to the former public company Media Square has emerged as a stakeholder in the newly created company that... Read more
Published 29th Dec 2011, 15:21

Overdue Iris accounts show another loss amid restructuring moves

The overdue 2010 accounts of digital agency Iris Nation Worldwide, published today, show that it incurred a further £3.8 million loss in that year, plus write-offs attributable to prior years of... Read more
Published 28th Dec 2011, 14:55

Bonne année mes amis: Chime acquires four French rugby agents

Chime Communications has acquired an 85% stake in the French Rugby player agencies of Pascal Forni, Miguel Fernandez, Laurent Laffitte and Nigel Geany for an initial cash payment of €2.25 million... Read more
Published 21st Dec 2011, 08:02

Dentsu co-producing Monsuno boys TV series

Dentsu will launch an animated children’s adventure story next year that it has developed with JAKKS Pacific in the United States.  The Monsuno story will be broadcast as a 52 episode TV series... Read more
Published 20th Dec 2011, 09:15

Iris accounts almost three months overdue

Accounts of digital agency Iris Nation Worldwide for 2010 are now almost three months overdue for filing at Companies House, although joint global chief executive Ian Millner has claimed that the... Read more
Published 16th Dec 2011, 12:35

Engine creates partnership share for 86 senior personnel

The Engine Group has created a limited partnership Engine Partners UK  into which some 86 employees of the group have been admitted. Among the partners are Peter Scott (group chairman and chief... Read more
Published 16th Dec 2011, 00:16

Ten Alps stabilises performance with small loss

AIM listed TV production and creative services group Ten Alps has managed to bring costs back roughly into line with revenue in the half year to 30 September after suffering from the loss of its... Read more
Published 15th Dec 2011, 17:25

Media Square’s biggest shareholder issues profit warning

Prime Active Capital, the Irish based AIM listed investment company with a 28.5% shareholding in Media Square, today issued a profit warning after its core business showed signs of recording a bigger... Read more
Published 15th Dec 2011, 11:20

Meredith’s £40m Iris valuation confirmed, but BoS lost £2.5m

Documents just filed at Companies House confirm that US media owner and marketing group Meredith Corporation put a value of about £40 million on digital agency Iris Nation Worldwide when buying a... Read more
Published 15th Dec 2011, 09:20

WPP increases stake in Chime

Over the last few days WPP has been buying small parcels of shares in Chime Communications, increasing its historic holding from 15% to 17.2%.   Earlier this year WPP's shareholding was diluted... Read more