Omnicom and Grey shore up fast-growing media businesses with reorganizations

Article Abstract:

Omnicom Group will reorganize its media planning and buying shops, creating two networks to handle two different areas. The restructuring will create an American unit for Optimum Media Direction, O.M.D. USA. Another new unit, Phd, will oversee autonomous agencies. Grey Advertising plans to merge its Grey Entertainment unit with its G Whiz unit, to create G Whiz Entertainment.

Planning, Appointments, resignations and dismissals, Grubbs, Steve, Rank, Dan, Cerbone, Annette, Pattison, David, Martino, Barbara, Logue, Gerry, Jacobson, Ron, Yorra, Stephen, Howlett, Brett, Zarkin, Doug, OMD Worldwide, O.M.D. USA, PhD, Grey Entertainment Inc., G Whiz, G Whiz Entertainment

---

In a fit of winter restlessness, two agencies reorganize, three enter deals and two align

Article Abstract:

Gunderson Partners, New York, names Norman M. Sherman president of North American ops. Peter J. Fitzpatrick will head the international business development. FCB Worldwide forms FCB Southern California, located in Orange County, from offices in Costa Mesa, Los Angeles, Newport Beach, and Santa Ana. Publicis S.A., buys DeWitt Media, and appoints Gene DeWitt head of Optimedia International. Hawkeye Communications bought Ffwd Group, London, for an undisclosed amount. Omnicom, New York increased stake in Millsport L.L.C. from 25% to 60%. Dentsu U.S.A. allies with Oasis Advertising, giving Oasis a global reach.

Advertising, Advertising and Related Services, Media Formation/Mergers, Statistical Data Included, Contracts, Publicis International, Gunderson Partners, FCB Worldwide, Dewitt Media Inc., Hawkeye Communications, Ffwd Group, Millsport Inc., Dentsu USA, Oasis Advertising

---

British agency companies love it when two big French companies talk media deals with them

Article Abstract:

As media services companies play a more important role in corporation marketing and advertising and are less impacted by the global economic slowdown, French ad agency companies are planning mergers and joint ventures with these companies. Havas Advertising is purchasing the Tempus Group of London and Publicis Groupe is forming a joint venture media services company with Cordiant Communications Group of London, England.

Asset sales & divestitures, Joint ventures, Agency Formation/Mergers, Publicis Groupe S.A., Havas S.A., Cordiant Communications Group PLC, Tempus Group PLC

Similar abstracts:

• Abstracts: Building an alternative to Windows; old Apple Macintosh team aims to put Linux on the desktop. Flaws in digital wireless technology said to allow eavesdropping
• Abstracts: The 2002 Winter Olympics are spawning new campaigns and expanding some older ones. Best Western beefs up TV spending in what it sees as a key year
• Abstracts: After space, Hughes battles Time; chasing cable foes to a Web future. Iridium, bankrupt, is planning a fiery ending for its 88 satellites

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.