News: Henkel's trouble with tempus takeover
The German household products group Henkel apparently sees potential for conflict in WPP's acquisition of the British Tempus Group.
German household products group Henkel apparently sees potential for conflict in WPP's acquisition of the British Tempus Group.News Henkel's trouble with Tempus takeover Tempus media agency CIA handles Henkel's $225 million budget, while WPP's Media Edge works for rival Colgate-Palmolive. Henekl has asked CIA to explain how a potential client conflict could be avoided.
RTL 2 abandons eroticism Starting in January, the German private TV channel RTL 2 will no longer broadcast programs "that focus on the depiction of sex. The station is responding to the results of an extensive study it commissioned from Cologne-based market research institute Rheingold. The vast majority of 14- to 29-year-olds - RTL 2's primary target audience - are not interested in the portrayal of sex on TV, it says in a statement.
MindShare wins Castrol and Kodak Oil company Castrol consolidates its global media budget with MindShare Worldwide. The budget is estimated at $120 million. Also moving to MindShare is Kodak's $50 million European digital camera budget. The previous budget holder was Carat. MindShare, however, was already handling the photo company's other divisions.
ProSiebenSat1 lowers forecasts For the third year in a row, the ProSiebenSat1 media group has had to lower its forecasts for fiscal 2001. October and November, traditionally the strongest months in terms of revenues, fell well short of expectations, it said - even more so than the Group had assumed after the terrorist attacks in September. Pre-tax profits are expected to fall 56 percent, to 90 million euros. At the beginning of October, ProSiebenSat1 had still assumed a decline of 30 percent.
RTL 2 abandons eroticism Starting in January, the German private TV channel RTL 2 will no longer broadcast programs "that focus on the depiction of sex. The station is responding to the results of an extensive study it commissioned from Cologne-based market research institute Rheingold. The vast majority of 14- to 29-year-olds - RTL 2's primary target audience - are not interested in the portrayal of sex on TV, it says in a statement.
MindShare wins Castrol and Kodak Oil company Castrol consolidates its global media budget with MindShare Worldwide. The budget is estimated at $120 million. Also moving to MindShare is Kodak's $50 million European digital camera budget. The previous budget holder was Carat. MindShare, however, was already handling the photo company's other divisions.
ProSiebenSat1 lowers forecasts For the third year in a row, the ProSiebenSat1 media group has had to lower its forecasts for fiscal 2001. October and November, traditionally the strongest months in terms of revenues, fell well short of expectations, it said - even more so than the Group had assumed after the terrorist attacks in September. Pre-tax profits are expected to fall 56 percent, to 90 million euros. At the beginning of October, ProSiebenSat1 had still assumed a decline of 30 percent.
