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Sorrell says Adam & Eve acquisition 'shows DDB needed some help'

Omnicom's decision to buy Adam & Eve for an estimated £60m last week underlines how its creative...to show that DDB needed some help." DDB UK lost its 36m Virgin Media business to Bartle Bogle ... mistake I'm going to admit publicly. We funded the deal with half debt and half preferred equity. "I'm ... Ogilvy is worth a fortune. It's not worth 835m, it's worth far more than that." Follow Arif Durrani ...

Activision poised to bring in The Red Consultancy

caught up in a separate case involving TUPE proceedings when the agency won a 1m Boots consumer PR ...

Mindshare retains Unilever media buying in the US

The FMCG giant behind Lynx and Dove has made a decision not to review its $1.4bn ( 892m) buying account in the US, according to AdAge . The global review of media planning and buying was called in December by Luis Di Como, senior vice-president of global media at Unilever. Mindshare currently holds ...

Daily deal site DiscountVouchers.co.uk hires Rooster PR

and consumer sectors. From July to December 2011 UK consumers spent 292.5m on daily deal websites, saving, on average, 56 per cent on their purchases, or 375m. Competition is fierce however, with 70 active daily ...

Media Bitch's Diary 24 May

in spades, if his delivery of the 12m Post Office media account to the WPP agency earlier this year ...

Experian kicks off £6m media review

Experian, the online credit-checking service that owns the CreditExpert brand, is reviewing its £6 million media planning and buying account.

Jordans & Ryvita calls £6m advertising pitch

The Jordans & Ryvita Company has called a review of its £6 million ad business.

Adam & Eve's five-year road to a £60m fortune

Four weeks shy of the fifth anniversary of their resignation from Rainey Kelly Campbell Roalfe/Y&R, James Murphy, Ben Priest and David Golding this week found themselves celebrating the sale of their agency to Omnicom, after its chief executive, John Wren, provided his seal of approval.

AMV's Paul Brazier to chair Campaign Big Awards jury

to chair the 2012 Big Awards. I'm looking forward to hearing the views of some of the very best creatives ...

WPP appoints Deborah Kerr to head Team News

Kerr's title is unconfirmed but she is expected to act as the managing director of Team News, which brings together resource from the WPP agencies Grey, M/SIX, OgilvyOne and Ogilvy Change. She will report to WPP's director of strategy and the chief executive of WPP Digtal, Mark Read. Team News will act ...

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