Revenue lost from ad blocking estimated at $21.8 billion
Frustrated consumers turn to software to block online ads, a growing trend
Frustrated consumers turn to software to block online ads, a growing trend
GLOBAL - Publicis Groupe is launching a global media agency network called Blue 449, led by a restructured and rebranded Walker Media in the UK.
GLOBAL - The Guardian has joined forces with CNN International, the Financial Times, Thomson Reuters and the Economist to launch a private marketplace for programmatic advertising called Pangaea Alliance.
LONDON - Last year's attempts for a mega-merger of equals between Publicis Groupe and Omnicom collapsed because Maurice Lévy failed to show John Wren "sufficient respect," according to WPP's Martin Sorrell, who went on to talk about the global economy and his own retirement plans.
Bloomberg has expanded its media footprint with the launch of a new flagship media site, Bloomberg Business, designed to broaden the financial giant's remit in the business world.
MediaCom has won the consolidating pitch for Mars' global media planning business, spanning 80 markets.
CANNES - The Prism scandal, in which the UK and US governments have been found to be "legally compelling collection" of information from internet giants Google and Facebook, will change perceptions on privacy, warns Sir Martin Sorrell.
GLOBAL - Publicis Groupe has reached an agreement to buy digital specialist LBi for US$514 million (€416m) in a deal that has "unanimous support" from the management board of LBi.
GLOBAL - The Coca-Cola Company has replaced its corporate website with what it is calling a "dynamic, digital magazine", designed to encourage interaction and showcase "universally important topics, social causes and company news".
GLOBAL - If WPP's embattled leader Sir Martin Sorrell were to leave over the shareholder revolt surrounding his near US$20 million pay packet, it would be a "brilliant" thing, according to David Jones, global chief executive of rival network Havas.
GLOBAL - Unilever has started a global review of its estimated US$4.65 billion media planning and buying business, currently handled by WPP's Mindshare in the UK.
LONDON - Marketing as an industry is at a crossroads, and needs to adapt to better serve a changing world defined by diminishing natural resources and an ever-expanding global population, warns Keith Weed, chief marketing officer of Unilever.
GLOBAL - Facebook's advertising revenues rose 69% to hit $3.15 billion in 2011, according to accounts filed for its $5 billion initial public offering (IPO).
GLOBAL - David Jones has been named the new chief executive of French advertising group Havas, as Fernando Rodés steps aside after five years.
GLOBAL - Google's executive chairman Eric Schmidt will be presented with the Media Person of the Year Award at this year's Cannes Lions Festival.
Virgin Atlantic has launched its first global advertising campaign in the UK with a series of bullish ads playing off the strap line 'Your airline's either got it or it hasn't'.
GLOBAL - Facebook is on the verge of launching location-based software that will enable users to receive personalised information and advertising based on their current surroundings.
GLOBAL - Facebook has launched a range of new advertising metrics in an attempt to better leverage the value of social context on the site and attract more advertising spend around the world.
GLOBAL - Nokia has unveiled a newly formed marketing and communications set-up and appointed Jerri DeVard to lead it as chief marketing officer.
GLOBAL - The arrival of Facebook Messages this week has been widely welcomed as a timely, one-stop shop for social communications by media and digital specialists, with one noting "it's what Google Wave should have been".
GLOBAL - WPP's Mindshare has retained the estimated US$112 million (£70 million) media business for German airline Lufthansa, ending a protracted, multimarket five month pitch.
GLOBAL - BP's group chief sales and marketing officer, Luc Bardin, has admitted that the energy company faces a 'massive task' if it is to salvage its reputation in the wake of the oil spill in the Gulf of Mexico.
Google officially turned 12 years old yesterday, and to celebrate, the internet giant replaced its regular logo with an image of a cake.
GLOBAL - Facebook, the social networking site, launched Messages, 'a social inbox and seamless messaging' service last night that integrates chat, texts and email into a single, continuous thread.
GLOBAL - Facebook is on the verge of launching location-based software that will enable users to receive personalised information and advertising based on their current surroundings.
GLOBAL - Carlsberg Breweries, parent to beer brands Carlsberg, Tetley and Tuborg, has started a review of its global media business.
GLOBAL - Havas, the marketing and communications group behind Euro RSCG and MPG, has reported "better than expected" results for the first quarter of 2010, after "strong new business wins" around the world.
GLOBAL - Spending on digital advertising in the US will overtake print for the first time this year, according to new figures.
GLOBAL - Coty, the world's largest fragrance company, is preparing to launch a global review of its estimated US$285 million media planning and buying business.
GLOBAL - Virgin Atlantic has appointed Omnicom's OMD to handle its newly consolidated US$40 million global media account, ending a two-year relationship with MEC in the US.
GLOBAL - YouTube, the world's largest video-sharing website, finds itself at a cross-roads as it celebrates its fifth birthday this week.
GLOBAL - German pharmaceutical giant Bayer Healthcare AG has consolidated its $850 million global advertising account with Omnicom Group and WPP.