Thomson Reuters has announced that it intends to purchase up to 3 million of its common shares through private agreements with an armʹs-length third-party seller. Any shares purchased under these agreements will count towards the company’s existing normal course issuer bid (NCIB), which allows it to buy back up […]
Financial
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BBC sells Media Village site in west London
The BBC has announced the sale and sublet of its Media Village site in west London, which will now be known as White...
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WPP acquires a majority stake in Two Circles
WPP has acquired a majority stake in Two Circles Limited, a data-driven sports marketing agency based in London. Following...
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Grey Healthcare Group acquires minority interest in PARx Solutions
WPP has announced that its wholly-owned operating company Grey Healthcare Group (“ghg”), a leading healthcare communications...
FbStart Distributes $100 Million to 3,800 Global Startups
At F8 2014, Facebook launched the FbStart program to help early stage mobile developers build, grow and monetize their apps through mentorship and benefits provided by Facebook and its partners. In its first year, the program distributed more than $100 million in benefits to more than 3,800 startups around the […]
Read more ›Dentsu Aegis Network acquires John Brown Media
Dentsu Aegis Network has announced that it has acquired John Brown Media, one of the world’s leading branded content agencies. John Brown Media’s rich depth of experience in creating and publishing content will enhance Dentsu Aegis Network’s existing content capabilities, creating a highly differentiated and innovative integrated content offering for clients […]
Read more ›Spotify reports over $250 million in losses
At the height of music streaming, one of the industries biggest players, Spotify, has reported over $250 million in losses over the past two years. What has been the cause of this, and what does the landscape look like? Brand Agency’s Junior Strategist, Camille Whitehead, explores Spotify’s predicament. Turns out […]
Read more ›News Corp Begins Executing On Stock Buyback Program
News Corp has announced that that it has begun repurchasing shares of Class A Common Stock under its previously disclosed buyback program. This marks the first time the company has bought back stock under the program since the “new” News Corp was established as a separate, publicly-traded company in mid-2013. […]
Read more ›The New York Times Company’s Q1 digital ad revenues up by 11%
The New York Times Company has announced adjusted diluted earnings per share from continuing operations of $.11 in the first quarter of 2015 compared with $.07 in the first quarter of 2014. There was a first-quarter 2015 diluted loss per share from continuing operations of $.09 compared with diluted earnings […]
Read more ›Facebook Q1 revenues up by 42 percent
Facebook, Inc. (NASDAQ: FB) has reported financial results for the quarter ended March 31, 2015. Revenue for the first quarter of 2015 totaled $3.54 billion, an increase of 42%, compared with $2.50 billion in the first quarter of 2014. Excluding the impact of year-over-year changes in foreign exchange rates, revenue […]
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