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Possible Worldwide to acquire digital agency Carnation in Hungary

Tweet WPP announces that its wholly-owned operating network Possible Worldwide, the global interactive marketing agency, has agreed to acquire all of the shares in Carnation Internet Tanácsadó Zrt in...

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Facebook to buy Instagram for $1 bn

Tweet Washington: Facebook will purchase the popular photo sharing app Instagram for $1 billion, Facebook's CEO Mark Zuckerberg has announced. "For years, we've focused on building the best experience...

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Local Media Group Posts Record 3rd Quarter Profit

Tweet Des Moines :Meredith Corporation (NYSE: MDP), the leading media and marketing company serving American women, has reported fiscal 2012 third quarter earnings per share of $0.47, including a...

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Meredith Board Declares Dividend; Current Annual Yield 5.5%

Tweet Des Moines : The Meredith Corporation Board of Directors has declared a regular quarterly dividend of $0.3825 per share, or $1.53 on an annual basis.  The dividend will be payable on June 15,...

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Google acquires mobile office software company Quickoffice

Tweet San Francisco, June 6 (IANS) Google Tuesday announced that it has acquired mobile office software company Quickoffice. "Quickoffice has an established track record of enabling seamless...

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Ogilvy & Mather Brazil acquires 70% stake in Foster

Tweet Sao paulo: Ogilvy & Mather Brazil announces its acquisitionof a 70% stake of Foster, a digital production agency. Founded in 1994 and headquartered in Sao Paulo, Foster currently relies on...

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WPP Digital acquires majority stake in Acceleration

Tweet WPP announces that WPP Digital has acquired a majority stake in Acceleration Holdings Ltd in Guernsey and Acceleration eMarketing (Pty) Limited in South Africa, the holding companies of...

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WPP acquires majority interest in digital agency KKLD* GmbH in Germany

Tweet WPP announces that Commarco GmbH, the leading German-based marketing services network which is part of WPP, has acquired a majority interest in KKLD* GmbH (“KKLD”), a leading German-based...

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Meredith media platforms strengthen Consumer engagement in Q4

Tweet Des Moines : Meredith Corporation has reported fiscal 2012 fourth quarter revenues grew 6 percent to $375 million, and earnings per share grew 2 percent to $0.67, both from the prior-year...

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Possible Worldwide acquires majority stake in digital agency Fortune Cookie

Tweet WPP announces that its global operating network Possible Worldwide, the interactive marketing agency, has acquired a majority stake in Fortune Cookie (UK) Limited ("Fortune Cookie"), a full...

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Yahoo! Completes First Stage of Alibaba Share Repurchase Agreement

Tweet Sunnyvale : Yahoo! Inc.  has announced  that it has closed the initial sale of shares in Alibaba Group Holding Limited. At closing, Yahoo! received approximately $7.6 billion, $6.3 billion in...

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Publicis Groupe acquires Performance Marketing Agency Resultrix

Tweet New Delhi: Publicis Groupe recentlyu announced  the acquisition of Resultrix, an award winning digital marketing agency with an international footprint in India, Singapore, the UAE and the USA....

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The New York Times Company Completes the Sale of Its About Group to IAC

Tweet New York : The New York Times Company has announced  the closing of the sale of its About Group, which includes the Web sites of About.com, ConsumerSearch.com and CalorieCount.com, to IAC...

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RURAL TV Parent Buys FamilyNet

Tweet New York: Rural Media Group (RMG), the parent company for both RFD-TV/RFD HD and RURAL TV, said it has purchased FamilyNet, a 32-year-old basic cable channel currently distributed into 14.8...

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Local Media Group Delivers Record Revenue and Profit Performance

Tweet Des Moines :Meredith Corporation , the leading media and marketing company serving American women, today reported fiscal 2013 first quarter earnings per share increased 15 percent to $0.55,...

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News Corporation to acquire Equity Stake In The YES Network

Tweet New York :News Corporation  and Yankee Global Enterprises today announced an agreement that calls for News Corporation to acquire a 49 percent equity stake in the Yankees Entertainment and...

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Wunderman acquires majority stake in Crossmedia

Tweet WPP announces that its wholly-owned operating company Wunderman, the world's largest global digital and relationship marketing network, with revenues of approximately US $1 billion, has acquired...

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Kantar Enhances digital media measurement capabilities ,acquires AdGooroo

Tweet WPP announces that its wholly-owned operating company Kantar, the information, insight and consultancy group, has acquired AdGooroo, Inc. ("AdGooroo"), a leading provider of global digital media...

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WPP acquires stake in Globant to strengthen digital capabilities in Latin...

Tweet London: WPP , the world’s leading communications services group, has agreed to acquire a 20% stake in Globant S.A. (“Globant”). Globant is an emerging worldwide leader in providing both...

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GroupM acquires majority stake in PLAY Communication

Tweet WPP announces that its wholly owned operating company, GroupM, WPP’s global media investment management arm, has acquired a majority stake in PLAY Communication Pty Ltd ("PLAY"), a leading...

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