Fax: WPP and Y & R before merger
WPP's acquisition of Young & Rubicam is moving forward. According to press reports, the merger is expected to be announced later this week.
The takeover of Young & Rubicam by WPP is going ahead. According to press reports, the merger is to be announced this week.Fax WPP and Y & R about to merge
The initiative to resume talks had come from Y & R after negotiations with Publicis had broken down. This will create the world's largest advertising agency.
CLT-Ufa wants to acquire Super RTL completelyCLT-Ufa wants to acquire 100 percent of Super RTL. So far, CLT-Ufa and Disney each hold half of the German station, which specializes in children's programming. According to the Süddeutsche Zeitung, CLT-Ufa wants to put up DM 200 to 250 million. Disney, however, is asking for more than DM 300 million.
Metro or 20 Minutes in Vienna?Starting October 3, a free metro newspaper is to be published in Vienna. The initiator Hans Auer, owner of the graphic service Auer, told APA that he is negotiating with Metro, Schibsted and other foreign companies. Auer wants to hold 26 % of the paper, whose name is yet to be determined.
Losses for FCB because of CompaqCompaq's $350 million budget brings losses to FCB Worldwide: FCB must return pocket PC maker Palm's budget ($70 million) because of the June 2000 launch of Compaq's iPaq. Computer maker Unisys is also considering pulling its budget ($20 million) from FCB's sister agency, Bozell. In markets where Bozell and FCB have merged, there is also customer conflict. In Switzerland, for example, both groups would be served by FCB Leutenegger Krüll.
The initiative to resume talks had come from Y & R after negotiations with Publicis had broken down. This will create the world's largest advertising agency.
CLT-Ufa wants to acquire Super RTL completelyCLT-Ufa wants to acquire 100 percent of Super RTL. So far, CLT-Ufa and Disney each hold half of the German station, which specializes in children's programming. According to the Süddeutsche Zeitung, CLT-Ufa wants to put up DM 200 to 250 million. Disney, however, is asking for more than DM 300 million.
Metro or 20 Minutes in Vienna?Starting October 3, a free metro newspaper is to be published in Vienna. The initiator Hans Auer, owner of the graphic service Auer, told APA that he is negotiating with Metro, Schibsted and other foreign companies. Auer wants to hold 26 % of the paper, whose name is yet to be determined.
Losses for FCB because of CompaqCompaq's $350 million budget brings losses to FCB Worldwide: FCB must return pocket PC maker Palm's budget ($70 million) because of the June 2000 launch of Compaq's iPaq. Computer maker Unisys is also considering pulling its budget ($20 million) from FCB's sister agency, Bozell. In markets where Bozell and FCB have merged, there is also customer conflict. In Switzerland, for example, both groups would be served by FCB Leutenegger Krüll.
