Archive for 2018

Published 18th Jan 2018, 15:33

Cello becomes cash positive despite paying £1.5m to shed staff

Cello Group, the AIM listed marketing business with a strong healthcare focus, expects to report a £1.5 million abnormal charge in its 2017 accounts after “substantially” reducing its headcount... Read more
Published 17th Jan 2018, 12:32

comScore borrows $150m as it faces $200m loss and big legal settlements

comScore, the US audience measurement company in which WPP has a 19.5% shareholding, has raised $85 million in cash from funds managed by another shareholder, the New York based Starboard Value, and... Read more
Published 16th Jan 2018, 16:20

Communisis cuts pension deficit by £16.5m

Communisis, the stock market listed sales promotion and communications agency, has been able to reduce the deficit on its defined benefit pension scheme to £38 million, compared with a deficit of... Read more
Published 16th Jan 2018, 14:28

Crossrider: profit or loss in 2017?

Crossrider, the AIM listed online advertising and app distribution company, may or may not have made a profit in 2017 according to generally accepted accounting principles. It will depend on... Read more
Published 15th Jan 2018, 23:32

Mash Strategy ratifies past board omissions

The acquisition of the London research consultancy Mash Strategy by the WPP subsidiary Kantar Consulting earlier this week seems to have unearthed several minor irregularities in the past affairs of... Read more
Published 15th Jan 2018, 22:39

Leagas Delaney’s accounts four months overdue

Accounts of advertising agency Leagas Delaney for 2016 have now been overdue for four months. The delay has already prompted the Registrar of Companies to threaten to strike off and dissolve the... Read more
Published 15th Jan 2018, 10:25

Sector share prices: 12 January 2018

Share prices of marketing companies moved forward in close alignment with the FTSE All-Share Index in the month to 12 January.  The industry’s MSFI Index improved by 3.48% while the FTSE... Read more
Published 12th Jan 2018, 10:07

Kantar buys a small London research business

Fast on the heels of an internal restructuring, WPP’s research and data management division Kantar has acquired the small brand strategy consultancy Mash Strategy. The company will join the... Read more
Published 9th Jan 2018, 20:22

Creston’s new owners slashed past acquisition costs by £33.9m at time of deal

Creston, the former stock market listed marketing company, slashed £33.9 million off the goodwill component of past acquisition payments when it came under the control of private equity fund manager... Read more
Published 9th Jan 2018, 09:06

Matomy replaces chief executive

Matomy Media Group, the AIM listed Israeli digital advertising sales business, has appointed Liam Galin to replace Sagi Niri as the group’s chief executive officer with immediate effect. Niri will... Read more