Sky News loses Gherkin presence after six years in the heart of the City of London April 19, 2016 Sky News has lost its presence in the Gherkin after six years. The broadcaster's business coverage is now being shot in its Millbank and Osterley studios. Read more: Mapped: Londoners are sick of all the skyscrapers City A.M. understands Sky News's landlord activated a break clause forcing the broadcaster to leave the City of London this month. Sky [...]
Dave and Gold owner UKTV tipped for deal spree if BBC is forced to sell off £500m stake in broadcaster April 18, 2016 UKTV is being tipped to go on an acquisition spree if the BBC is forced to sell off its £500m-valued stake. The broadcaster owns 10 channels including Dave and Gold, which broadcasts Only Fools and Horses, Alan Partridge and Fawlty Towers. It has been reported that if the BBC is forced to sell its 50 per cent stake, [...]
Sir Martin Sorrell defends £63m pay package amid fears of 2016 shareholder spring: “If WPP does well, I do well” April 18, 2016 Sir Martin Sorrell, the founder and chief executive of WPP, has defended his £63m pay package. Sorrell was a victim of the so-called shareholder spring in 2012, with 60 per cent of WPP shareholders rejecting his £6.8m pay that year. There was also a repeat in 2014 when 28 per cent voted against his remuneration [...]
Mobile is a hot topic (again) as Advertising Week Europe comes to town April 18, 2016 "This will be the year of mobile” has been a multi-year meme in the ad industry, but there’s some logic to it. Since the first iPhone captured consumers’ imaginations in 2007, each subsequent year has truly been the year of mobile, with app developers inventing new uses for these palm-sized computers, marketers observing how these devices [...]
Making global local: Maxus’s Lindsay Pattison talks India, inequality and the long term April 18, 2016 "Media is the fastest growing area of marketing. We are the link now between advertising and sale, and everyone wants a piece of the action,” says Lindsay Pattison, global chief executive of Maxus. The fourth arm of WPP’s Group M – the world’s largest advertising media company, which buys one in every three adverts sold – [...]
CNBC International targets business thirst for news from China as bullish boss backs network to succeed in multiplatform media world April 14, 2016 China's economy may have been an area of concern for many in the business world so far this year. But for CNBC, the US-founded international business news broadcaster, it represents an opportunity. The international business community's "thirst" for news from China is growing. And CNBC wants to be there to provide it – despite the political challenges of working in the country. [...]
Peppa Pig maker Entertainment One denies ITV takeover approach, but sees share price jump April 14, 2016 Shares in Entertainment One leapt this morning following claims ITV is considering a takeover bid for the Peppa Pig owner. But the Canadian film distributor, which has a market valuation of $964m (£683m), denied reports of the approach. It told shareholders this morning: "Entertainment One notes the press speculation regarding a potential offer. No approach has been received by [...]
What’s in a name? isobel’s Paul Houlding talks independence, supercharging and bacon April 11, 2016 Sometimes in advertising, you need to be wrong to be right – to produce a tension,” says Paul Houlding, managing partner and co-founder of independent creative shop isobel. It’s that kind of thinking which led him and his three partners to christen their agency with the middle name shared by their daughters when they started [...]
Neuroscience is great, but advertising needs more rule-breakers April 11, 2016 As a species, humans hate uncertainty and love rules. When it comes to the big questions in life, such as “why are we here?”, history shows that we’d far rather make something up, or at the very least develop a theory, than simply admit to ignorance. Uncertainty is a disquieting feeling. However much we might [...]
O consumer, where art thou? Near founder Anil Mathews on location intelligence and Facebook’s Free Basics April 4, 2016 It was once said that you can tell a lot about a man by his shoes. With today’s levels of smartphone penetration, you can probably tell more by his location data. By tracking the consumer’s journey both online and in the real world, location intelligence platforms are able to identify travellers, shoppers, students and other segmented [...]