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 - 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 - 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.
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 - 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 - German pharmaceutical giant Bayer Healthcare AG has consolidated its $850 million global advertising account with Omnicom Group and WPP.