Spot Runner founders Nick Grouf and David Waxman have lost a lawsuit filed by consultant Adam Shaw claiming 2.5 percent of the company’s stock. The company is also being sued by WPP, an investor in Spot Runner, over claims that its management sold their stock without telling WPP in violation of their agreement. It would seem that Spot Runner management just isn’t all that lucky when...
Advertising Industry Archive
June 2009
Liverpool F.C. want lead sponsors Carslberg to match the £80 million deal that Aon struck with Manchester United earlier this month, according to the Times. Such a deal would be priced at roughly £20 million a year. Currently, Carslberg pays only £7.2 million a year through 2010. Pulling off such a coup would be both a financial and political victory for Liverpool’s American owners,...
WPP’s GroupM, the world’s largest media buyer, said yesterday it expected to see continued declines in media spend through 2010. The forecast, by GroupM futures director Adam Smith, poured cold water on a NY Times article that suggests the agency business is poised for recovery. Omnicom’s CEO of Diversified Agency Services Thomas L. Harrison told the Times that he believed the...
The Campaign for a Commercial Free Childhood on Wednesday sent a letter to the FTC demanding that the government stop films rated PG-13 being advertised to children, the NY Times reported. The move explains why the Motion Picture Association of America was so unhappy with a BNET post on June 17 that claimed the movie industry’s self-regulation of kids’ TV advertising was...
Steven Cohen, the host of Fox Football Fone-In and Sirius XM’s World Soccer Daily, is battling fans of Liverpool F.C. who are urging advertisers to abandon his shows. Cohen offended the fans by blaming them for the deaths of 96 people at Hillsborough stadium in 1989. Those who arrived without tickets, Cohen has argued, contributed to the disaster. So far Heineken, FourFourTwo magazine,...
Valassis CFO Robert Recchia testified that 450 jobs are on the line if his company does not win its anti-competition trial against News America Marketing. Since 2001, Valassis has lost so much newspaper coupon business that if News America is allowed to continue to use its alleged monopoly pricing power in supermarket ads to subsidize its newspaper coupon operation then Valassis would have to...
An interview with M&C Saatchi CEO Moray MacLennan in Malaysia’s ADOI magazine illustrates why vituperative ad blogs such as Adscam and AgencySpy have proven so popular with an audience that was previously only served by trade magazines. The entire thing reads like a press release that even M&C’s own pr people would be embarassed to put out: His subtle wit coupled with a...
WPP chief Martin Sorrell lived up to his litigious reputation when he nixed rumors there might be a settlement in the Y&R v. Pacific Equity Partners case in Australia. Sorrell told The Australian: We’re looking forward to the court action. The back story: WPP bought The Communications Group (and its famed George Patterson unit) for $80 million AUS from Pacific Equity Partners. It sued...
Fox Soccer Channel host Steven Cohen lambasted advertisers on Sirius Radio Thursday for ending their sponsorships of his show following his comments about a fatal stadium crush that left 96 football fans dead in 1989. Several advertisers have been persuaded to abandon Cohen’s shows by fans of Liverpool F.C. who are angry over Cohen’s position that that the Hillsborough Stadium...
The Industrial Workers of the World – a socialist/anarchist movement founded in 1905 — has protested the layoffs of about 50 people at Havas-owned MPG. Anarchist web site Infoshop News also reported the protest. The IWW, or “Wobblies” as they call themselves, took an interest in the “callous” layoffs at the media buying agency because one of their number,...
- MDC Paid $1.4M for Attention Partners; Deal Illustrates Tax Strategy
- Verizon Victory Over Sprint Follows Defeat of AT&T in Legal War Over Ads
- Mad Men Spawns Don Draper Action Doll, Bobbleheads
- Euro RSCG Accused of Attempt to Flood Adweek Poll With Own Votes
- Macy's Joins Ralph Lauren in PhotoShop Disaster Zone
- Ads for Ketel One, Crown Royal and Chivas Regal Seem to Be Torn From Same Playbook
- Aegis' Q3 Results Report Is a Joke
- Bayern Munich Signs Deutsche Telekom to Largest Ever Football Sponsorship Deal
- Q&A: Why Eric Dezenhall Thinks Goldman Sachs' Apology May Be a Waste of Time and Money
- UPDATED: In Ad Fight, AT&T Admits Its Coverage Is Inferior to Verizon's, But Sues Anyway
- How Not to Advertise Medical Marijuana
- McCann Accused of Plagiarism in Creepy Anti-Child Abuse Ads
- Valassis CEO Reaps $7.4M Stock Payday, Dwarfing Previous Compensation
- Can Saatchi's Roberts Avoid Debacle in Campaign for U.K. Prime Minister?
- More Pointless Esurance Secret Agent Ads Are on the Way
- Microsoft Edits Black Person Out of Ad; Everyone Offended
- Beck Compares Obama to the Nazis; Ad Boycott List Reaches 46; Viewers at 3M
- WPP in Talks to End Patterson Suit; Pact Could Head Off Embarrassment for CEO Sorrell
- Crispin's Contest for New Brammo Logo Infuriates Creatives Because It Shows Them The Future
- Bloggers Hate Bogusky's Book But Didn't Bother to Read It
- 3 Ways Clients Can Push Ad Agencies to Save Money
- Christians Boycott The Gap for Not Saying
- Conservatives Hate Starbucks Ad That Spoofs Town Hall Loudmouths
Subscribe to Advertising blog comments RSS 
- Clients Overcharged by News America Listed in Court; Sara Lee: NAM "Is Raping Us and Enjoying It"
- News America Talks Tough on Valassis Appeal But Borrows $1B, Just in Case
- Insignia Wins Ruling v. News America; Stage Set for Another Antitrust Trial in POP Biz
- Insignia Uses Valassis Trial to Bludgeon News America in Minn. Federal Case
- Valassis v. NAM Federal Trial Set for February; Judge Denies Pretrial Motions
- Autopsy: Steven Cohen and the Ad Boycott That Ended His Career
- Everybody Hates Palm Pre's Creepy Ads by Modernista!
- Glenn Beck Revenue Halved by Ad Boycott
Industry Transcripts by Seeking Alpha
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
Archives
Recommended Sources
About Advertising Industry
BNET Advertising provides daily industry trends and news coverage with insights for managers and executives about the major agencies in advertising, marketing, and public relations. In addition to detailed company and agency profiles, we bring you detailed industry analysis on new partnerships and acquisitions, ad buying and cost, new investments, inventory issues, and other issues critical to the marketing sector.