publicis
Publicis Purchases Saatchi For $1.9B
Advertising firm Publicis SA announced this week that it will be purchasing Saatchi & Saatchi PLC for about $1.9 billion in stock. This will effectively create the fifth largest advertising company in the world. Shareholders of Saatchi will receive about 500 pence a share which is a 19% premium on the [...] more...
Publicis Picks Up Wcube
Publicis does not seem to be done buying things. The French advertising firm announced on Wednesday that it has acquired a French online communications agency named Wcube. The firm was bought to boost the reach of Publicis. The newly acquired company will be renamed Publicis Modem France and will become a [...] more...
Results Are In: Aegis And WPP On Top
In a survey put out by RECMA, a Paris-based agency billings researcher, Aegis Group and WPP Group top the digital agency ranks. Aegis accounted for 28% of all digital media personnel in six holding companies and eight countries surveyed. The London-based company has a digital staff of 1,400 worldwide. The WPP’s GroupM [...] more...
WPP Becomes Strong Competitor With The Purchase Of 24/7 Real Media
In an attempt to catch up to the competition, the WPP Group, an advertising holding company that owns such ad firms as Grey Global Group and JWT, has aquired 24/7 Real Media for $649 million. Martin Sorrell, chief executive of the WPP has claimed that this aquisition is an effort [...] more...
Web Putting the Brakes on Total Ad Spending
According to two different sources, the growth of Internet advertising is putting a damper on the growth of total ad expenditures both globally and in the U.S. Today, Maurice Levy, chairman of the French advertising conglomerate Publicis, spoke before the French Senate predicting that global ad spending growth will slow dramatically [...] more...
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