by Johanna McDowell. On Day 2 we visited MullenLowe, Project Worldwide, Oath, Kiip, WPP (Mark Read), TBWA and CP+B.
Tag archives: wpp
Graham Warsop on Sir Martin Sorrell’s resignation
by MarkLives. Graham Warsop, founder of The Jupiter Drawing Room & Partners, offers his personal take on the resignation of Sir Martin Sorrell as CEO of WPP.
Martin Sorrell resigns from WPP — industry reaction & analysis
by MarkLives. WPP has announced the resignation of Sir Martin Sorrell, with immediate effect. This follows the conclusion of an investigation into an allegation of misconduct against the CEO.
[CARTOON] The Marketing Mice escape the advertising apocalypse
by Charlie Mathews. The Marketing Mice say goodbye to advertising’s dinosaurs.
BMW leaves Ireland/Davenport for OpenCo
by MarkLives (@marklives) BMW will be parting ways with its South Africa agency, Ireland/Davenport (a WPP agency), after a decade of working together. BMW was Ireland /Davenport’s founding client. The BMW business will be taken over by Openco (majority owned by TBWA\South Africa).
WPP statement: Ogilvy & Mather has acquired Gloo Digital Design
WPP announces that its wholly-owned marketing communications network, Ogilvy & Mather, has acquired Gloo Digital Design, an award-winning South African digital design agency specialising in creative campaign solutions for all sectors across the digital media space.
TBWA plans up to six acquisitions
by Herman Manson (@marklives) TBWA is looking at as many as six more acquisitions spread out over the next four quarters, says Derek Bouwer, CEO at TBWA\South Africa. At the end of 2013, TBWA acquired 80% stake in youth marketing agency, HDI Youth Marketeers. It also increased its stake in marketing agency Openco to 51% from a previous holding of 30%.
M&A spree even as new ownership rules loom
by Herman Manson (@marklives) The South African ad industry has recently seen a series of takeovers and mergers of high-profile independent agencies by global communications networks — WPP and Publicis, specifically — thanks to accelerated interest in the African comms landscape and a cheap rand. Some independents are worried by the Competition Commission’s seeming lack of concern regarding this acquisition spree and the increased local-market dominance.
Grey is back, and heading north
by Herman Manson (@marklives) Volcano, an agency that this year entered its 21st year in operation the South African ad industry, has been resisting offers from the multinational networks for years. But, a year ago, WPP suddenly closed down its SA agency for Grey. Negotiations with Volcano started soon afterwards.
WPP buys The Hardy Boys
WPP operating company JWT has acquired a majority stake in Durban-based The Hardy Boys, whose clients include Unilever, Diageo, SA Home Loans, ADvTECH and RCL Foods, among others.