BBC puts flotation of commercial arm back on agenda
Posted in: UncategorizedLONDON – The BBC is again considering a sale or flotation of part of its commercial arm, BBC Worldwide, which could raise more than £500m.
LONDON – The BBC is again considering a sale or flotation of part of its commercial arm, BBC Worldwide, which could raise more than £500m.
SINGAPORE – MediaCom Asia-Pacific has strengthened its digital capability with the hire of Sean Seamer (pictured) from MediaCom London as regional interaction director.
BEIJING – JWT Beijing is believed to have landed creative duties for Red Bull in China, following a review that included fellow WPP agency and incumbent Ogilvy & Mather.
HO CHI MINH – S-Fone, one of Vietnam’s largest telcos, has invited agencies to pitch for its advertising account, currently held by JWT.
SHANGHAI – The pairing of OgilvyOne and Ogilvy PR have landed the IKEA China account for the Swedish furniture giant’s living range category, after three rounds of presentations, beating at least two other agency combinations in the process.
LONDON – UK marketing services group Creston has decided to close its New York office and, as a consequence, Steve Blamer will be stepping down as its US CEO.
SINGAPORE – MEC Interaction has added two new members to its Asia Pacific operation, appointing Radhikarani Sengupta as regional director, and Daniel Chan as senior account manager.
BANGKOK – JWT has won an integrated advertising assignment for Bumrungrad International Hospital without a pitch.
SINGAPORE – EastWest PR has hired APAC Health’s Michael Drury as associate director to spearhead its healthcare portfolio.
LONDON – SMG shares rose this morning as news broke that it has received four offers of between £60m and £70m for Virgin Radio, including a surprise bid from Malaysia’s largest media company.
NEW YORK (AdAge.com) — During the three months the writers were on strike, media buyers and marketers talked about how this was the moment when the broadcast networks could change their traditional ways of doing business, starting with the 40-year-old ritual of putting on upfront presentations in mid-May. But just days after the strike ended, it was business as usual. Four out of the five broadcast networks last week said they will go ahead with plans for their presentations.
The trouble with making a living in marketing is that it can be pretty tough to conjure a meaningful existence during shadowy economic times like these. Yet, we all love what we do. We are creative, and we want to help people succeed. It is those two impulses that will give the marketing profession new relevance over the next decade as our culture dies and is reborn.