No. 154 - December 2011
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24/7 Real Media to acquire US digital video advertising services company Panache
24/7 Real Media, a WPP Digital company, has agreed to acquire Panache, a digital video advertising fulfillment software and services company which specialises in helping premium publishers grow their digital video advertising business. The company employs 17 people, primarily in technology development; major clients include Fox News, CBS, MTV Networks and the UK´s Channel 4. Panache was founded in 2006 and is based in Los Angeles. The acquisition of Panache expands 24/7 Real Media´s technology offer by adding digital video ad fulfillment to its award-winning Open AdStream advertising management platform.
GroupM forecasts 2012 global ad spending to increase by 6.4%
A vigorous Japanese advertising recovery coupled with anticipated spending on the Olympics, European football and the US elections will contribute to an estimated 6.4% growth in measured worldwide advertising spending in 2012, according to a newly-revised forecast from GroupM. GroupM´s biannual worldwide report, This Year, Next Year, predicted that globally, 2011 advertising spending in measured media would hit $490 billion, a 5% increase over 2010 spending of $467 billion.The 70-country forecast also predicted that global ad spending in 2012 would reach $522 billion, a 6.4% increase over 2011 spending. The figure is down from an earlier worldwide forecast of a 6.8% increase made in July.
More information from
WPP agrees to acquire The Glover Park Group
Founded in 2001, The Glover Park Group (GPG) employs 140 people, and has become one of the fastest growing and most respected firms in the country. Headquartered in Washington, DC and with offices in New York, Los Angeles and Boulder, CO, GPG offers their clients a suite of fully integrated services including public affairs, media relations, government affairs, opinion research, crisis communications, digital strategy, corporate reputation, advertising and brand positioning.
WPP invests in mobile device-based consumer insight company, Lumi
WPP has taken a minority stake in Lumi Technologies Limited. Founded in 2008, Lumi provides mobile engagement services to a broad range of clients and will partner with Kantar, WPP´s consumer insight group, in order to further develop Lumi´s technology platforms. Lumi has offices in London, New York and Finland; key clients and partners include EMI, Endemol and Channel 4 in the UK, ABC in the US and Mediaset and YLE in Europe.
Cohn & Wolfe agrees to acquire majority stake in Greater China PR agency, impactasia
Cohn & Wolfe has agreed to acquire, subject to regulatory approval, a majority stake in impactasia, an independent public relations agency with an established network of offices throughout Greater China. The agency is known for its work in the travel and tourism, art and design, luxury goods, professional services and FMCG sectors. It employs some 50 people; clients include Rolls Royce, Hotels.com, Guinness, Pernod Ricard, MGM Hospitality, Robert Half International, Mandarin Oriental Hotel Group and Sofitel Luxury Hotels.
BlackArc Ogilvy launches new digital unit for Chinese real estate companies
Real estate specialist agency BlackArc Ogilvy has launched BlackArc OgilvyOne Organization (BAOOO), a new unit which will provide a full range of digital marketing, customer relationship management (CRM) and one-to-one marketing services for Chinese real estate companies.
appointed Agency of Record by
Great Place to Work(R) Institute
for content management services.
Lo Sheung Yan (Mayan)
first Chinese Jury President at Cannes
named President for
honoured with the Council for Economic Education´s Visionary Award.
Holding Company of the Year
by both Media magazine and OMMA magazine.
New Business Enquiries
Are you looking for an advertising or marketing services partner? WPP can help point you in the right direction -
find out how
TNS publishes latest Digital Life global study
Based on conversations with over 72,000 people in 60 countries,
´s size, scale and detail make it the most comprehensive view of consumer attitudes and behaviour online, on a global and local level. Across countries and product categories,
pinpoints the range of growth opportunities available to brands in the online world.
for more information.
Ogilvy´s Rory Sutherland in print
Vice Chairman of Ogilvy Group UK and one of marketing´s most original thinkers. Rory Sutherland, has published his first book,
The Wiki Man
- a winding journey of blog posts, interviews, tweets and reference materials. Bruno Giussani, European Director at TED said of the book: "I found it very insightful, a kind of debunk-the-bullshit primer. I know many people who would benefit from having a copy in their hands -- and, for once, from actually reading it."
The Wiki Man is available to buy from
WPP Reading Room
Find the latest and best published thinking from Group professionals in WPP´s popular Reading Room: groundbreaking articles, research, books, videos, blogs and more.
Some recent features include:
´Street View Inside´
invites business owners to show off the inside of their properties on their Google Places business pages. By
New Gold Mines of China
TNS RI China
look at the key broad mega trends in China, and the key opportunities that these trends point towards.
: The "Occupy Wall Street" protests rapidly expanded into a movement, spurring protests about social and economic inequality around the world. For more, read
Lessons the Campaigns Can Learn from "Occupy Wall Street"
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© WPP 2011 |
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