AUCKLAND, Today: The Outdoor Media Association of NZ has reported revenue for Q1 marginally down by 2.9% on net media revenue year-on-year, posting $29.32 million.
The Rebound?
LONDON, Sunday: WPP founder Sir Martin Sorrell (now head of British investment company S4, predicts adland is in for a coronavirus-led bumpy ride for at least the next six months – but sees a healthy rebound in the last quarter of 2020.
Sorrell exit signals end of the holding group model?
Millions of words – mostly conjecture – have already been written about the “resignation” of Sir Martin Sorrell from WPP, and what this means for the ad world.
Sorrell calls it a day
Sir Martin Sorrell has stood down as chief executive officer of WPP, the company has announced, via a statement released over the weekend.
Warehouse NZ’s new ad chief signs for global pow-wow
The Warehouse Group NZ’s recently appointed chief marketing officer Jonathan Waecker has been named among the global panellists fronting up to the inaugural Advertising Week at Luna Park Sydney.
Advertising Week heading Downunder
Advertising Week, one of the world’s largest events dedicated to the advertising, marketing, media and technology industries, has announced its latest geographic expansion – to Asia Pacific (at Luna Park, Sydney).
Publicis exit gets global adbiz talking
In Cannes, the second-guessing has begun as the Lions Advertising Festival organisers form a committee in response to Publicis’ move to pull out of global create awards next year. There’s even talk that WPP may follow, with ceo Sir Martin Sorrell telling Variety that the Lions’ focus has become too diffuse — and too sprawling.
WPP boss wades into the gender bias debate
World-wide reaction continues over the gender diversity comments by Saatchi boss, Kevin Roberts with UK-based WPP chief executive saying he was just “echoing the words of his boss.” Sir Martin Sorrell has told Campaign that Publicis Groupe chief executive Maurice Levy is on the record expressing similar views.
Sorrell questions ‘unwieldy’ Cannes
WPP ceo Sir Martin Sorrell has voiced what many industry people are starting to feel about the Cannes Lions Festival – that it has become too big and unwieldy and that the expense involved may no longer justify attendance.
‘Move to Paris’: Publicis, Y&R, WPP react to Brexit
LONDON: Ad agency groups have spent the past few days coming to terms with the UK electorate’s vote to leave the EU, the widespread initial response being caution and calls to carry on as usual.
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