WPP tops boom in M&A activity
The network did a dozen deals last quarter out of 246 transactions between April and June
Pearson sells FT to Japan's media giant Nikkei for $1.3B
The venerable financial publisher has offset declining print sales with strong subscriptions
Pearson sells FT to Japan's media giant Nikkei for £844m
Pearson has confirmed it is selling the Financial Times Group to Japan's media company Nikkei for £844 million in cash.
Shortlist Media appoints Chris Healy as commercial director
Shortlist Media has promoted Chris Healy to the role of group commercial director.
Pearson named managing director at MG OMD
Manning Gottlieb OMD has promoted Tim Pearson, an executive director, to managing director as part of a group restructure.
Mel Scott becomes first chief revenue officer at Mail Brands
DMG Media has appointed MailOnline's Mel Scott as its first chief revenue officer of Mail Brands, a newly consolidated commercial operation that unites sales at the Daily Mail and Mail on Sunday with MailOnline.
Cage match: MediaCom and PHD battle for $1.6 billion GSK media business
GlaxoSmithKline's review comes on the heels of a joint venture with Novartis
MediaCom and PHD battle for £1bn GSK media business
GlaxoSmithKline (GSK), the multinational pharmaceutical company, is reviewing its estimated £1 billion global media business, pitting UK incumbent MediaCom against its US lead agency PHD.
Facebook to launch own music-streaming service
The social media giant would enter an industry in which this year's digital revenues are expected to match those from physical formats
Primesight circles Eye Airports in £3m deal
Primesight has emerged as the preferred bidder for regional media specialist Eye Airports, which has outdoor contracts for London Gatwick and Manchester airports, in a deal estimated at £3 million.
Facebook testing revenue split with video contributors
Under the plan, 55% of revenues will be shared among contributors based on time spent on each video
Facebook confirms 'monetisation test' for media contributors
Facebook has confirmed plans to offer video contributors a share of advertising revenues generated around posts, in a move that will increase competition with Google's YouTube.
Haymarket appoints Martin Gee as group's first CTO
Haymarket Media Group has appointed Channel 4's Martin Gee to its management team as chief technology officer.
Havas Media wins Ubisoft's £16m media business
Havas Media has won the £16 million media planning and buying business for interactive entertainment firm Ubisoft, previously handled by Maxus.
London Evening Standard reports £1.4m trading profit
The London Evening Standard, the capital's free evening news brand, has posted its third consecutive year of profit, to £1.4 million, greeted by its chief executive as "something to be celebrated".
The Independent halves annual losses to £4.6m
The Independent has halved its trading loss in its last financial year, attributed to increased revenues generated by its digital operation and offshoot i, and cost-savings in production.
Sorrell on mega-media reviews: 'We can't remember anything like this'
WPP's CEO contemplates the scope of churn among brands
Dr Phil launches DailyMailTV as a global 'game-changer'
The Daily Mail is expanding its brand into mainstream broadcasting with DailyMailTV, a daily TV series produced by Dr Phil McGraw and Jay McGraw's Stage 29 Productions.
Martin Sorrell on the mega-media reviews: 'We can't remember anything like this'
The speed at which the media landscape is evolving, and the continued focus on marketing costs and return on investment is behind the unprecedented number of global media reviews, according to Martin Sorrell, WPP's chief executive.
Why media cannot afford to stand still
The Media Lions will showcase the wide remits of agencies today but the industry must not rest on its laurels. Four industry chiefs talk to Arif Durrani