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Weekly Update

2nd July 2009

Advertisers
Volkswagen-Porsche merger starts to crumble as a result of infighting between family members  

US Treasury reinforces  the ultimatum for General Motors to emerge from Chapter 11 by July 10th or face liquidation   

Ford's US market share soars as rivals' sales plunge

Vodafone, Orange and O2 linked to possible bids for UK operations of T-Mobile   

Tesco considering purchase of mortgage bank Northern Rock  

Agencies
Cannes Lions advertising festival: Grand Prix in film goes to Tribal DDB viral for Philips; Titanium and Integrated awards to Obama For America  

Omnicom subsidiaries scoop a collection of major prizes including top Network and top Agency

Microsoft puts 
Razorfish digital agency up for sale  

Account Assignments: JWT prises another chunk of Microsoft away from McCann; new media agencies for LVMH and Bristol-Myers Squibb; Peugeot Citroen reappoints OMD and MPG

Media
Sky ordered by regulator to slash wholesale prices for premium sport and movies

US music magazine Vibe closes its doors

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TMP Worldwide
Grupo ABC
Aviva
Innocent Smoothies
John Lewis

TOP ADVERTISING TERRITORIES
by projected ad expenditure
in 2009

USA ($150.8bn)
Japan ($43.8bn)
China ($36.3bn)
Germany ($20.6bn)
UK ($15.3bn)
France ($12.4bn)
Italy ($11.7bn)
Brazil ($10.3bn)
Canada ($9.6bn)
Spain ($7.7bn)
Australia ($7.4bn)
Russia ($6.3bn)
S Korea ($5.3bn)

Netherlands ($4.6bn)
India ($4.5bn)
(
source: GroupM Jun 09)

 

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