Archive for 2017

Published 17th Oct 2017, 21:09

WPP lashes out at ADK’s conservative management

In a surprisingly angry outburst, WPP responded today to last night’s statement by the Japanese marketing group Asatsu-DK (ADK) that its strategic alliance had resulted in a low return on equity... Read more
Published 17th Oct 2017, 11:45

dotDigital’s profits up by 33%: cash pile reaches £20.4m

dotDigital Group, the AIM listed email marketing company, expanded its post-tax profit by 33.1% in the year to 30 June 2017 as gross income grew by 16.9%. The group’s operating profit margin... Read more
Published 17th Oct 2017, 09:49

ADK claims WPP’s performance has been drag on its market value

The war of words between the Japanese marketing group Asatsu-DK (ADK) and WPP continued last night as ADK claimed that its shareholding in WPP had “resulted in low return on equity and a... Read more
Published 13th Oct 2017, 09:44

Bids and Deals: October 2017

Dentsu Aegis Network has agreed to acquire, subject to regulatory approval, a 52% stake in the South African marketing agency FoxP2 Holdings Proprietary with 83 employees and revenue of £3.5... Read more
Published 13th Oct 2017, 09:34

Marc Boyan takes r4e chief executive role

Reach4Entertainment Enterprises, the AIM listed media and entertainment marketing company, has appointed Marc Boyan as chief executive officer of the company in succession to David Stoller who left... Read more
Published 12th Oct 2017, 12:43

WPP and ADK in open conflict: ADK’s management slated

The extent of the breakdown in the relationship between WPP and the Japanese marketing group Asatsu-DK (ADK) has been revealed in a series of public announcements this week, culminating in WPP... Read more
Published 12th Oct 2017, 08:37

Piecing together Freud’s 2016 financial jigsaw

While observers may still be waiting to read the 2016 consolidated financial results of Matthew Freud’s business empire – until recently headed by Freud (Holdings) - details are beginning to... Read more
Published 9th Oct 2017, 13:55

Iris made £4.6m profit in 2016

Iris Worldwide Holdings, the digital agency acquired by Korean based Cheil Worldwide in 2014 (see Iris turns to Cheil to replace Meredith funding), earned a post-tax profit of £4.6 million in 2016... Read more
Published 9th Oct 2017, 11:17

Freud escapes disclosure of group’s 2016 profit…so far

Matthew Freud’s highly successful public relations group Freud (Holdings) has so far escaped any obligation to publish the group’s consolidated results for 2016, following the formation of a new... Read more
Published 8th Oct 2017, 20:36

comScore replaces auditors: Deloitte succeeds EY

comScore, the US audience measurement company in which WPP has a 19.5% shareholding, has changed its audit firm from Ernst & Young to Deloitte & Touche with immediate effect, following... Read more