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WPP is investigating its media buying businesses in Italy amid allegations that former executive Marco Benatti - fired by WPP on Jan. 9 - manipulated financial results to boost performance payments for himself and other fraudulent acts, the New York Post writes. Benatti was reportedly fired after clashing with WPP chief executive Martin Sorrell; complicating the situation is a report in the Sunday Times that Sorrell was engaged in a “personal relationship” with Benatti’s second in command.
Rumors have it that Sorrell is facing opposition from certain board members over his management style, but Bud Morten, WPP’s senior independent director, said, “absolutely not and unequivocally not.”
Dunkin’ Donuts on Monday bowed a $100+ million integrated advertising campaign that offers a new rallying cry for consumers hard hit by the economy: “You Kin’ Do It!”
The “You Kin’ Do It” national campaign broke with three television spots airing during…
In a note to readers wrapped around the Chicago Tribune’s A section today (Thursday), editor Gerould W. Kern acknowledged that the redesign the paper unveiled several months ago was unsuccessful to some extent.
The paper will be going back to its…
The advertising outlook for 2009 remains relatively upbeat for certain types of online media and marketing - including search, video and multicultural initiatives - but traditional media and some social networks will face serious difficulties, according to predictions released by…
Super Bowl advertisers - including Monster.com, which is returning after a four-year hiatus - are making the most of their $3 million ad buy by creating integrated follow-up campaigns, says Kellogg School of Management professor Tim Calkins.
Calkins, co-leader of…
Yesterday at the Consumer Electronics Show in Las Vegas, Microsoft CEO Steve Ballmer announced the development of a coveted liaison with Verizon Wireless.
The five-year contract makes Microsoft the default search provider to Verizon’s sizable user base. It will also…
The latest casualty in the shrinking shelter category is Meredith’s Country Home. The magazine’s March 2009 issue will be its last.
The company, which is also slashing its workforce by 250 people, cited a soft economy for the demise of…
