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ITV Family net advertising revenues (NAR) grew 1% in Q3 and marginally ahead of BoAML forecast.

MediaOcean will not be a bigger or better DDS or MediaBank but will instead be a brand new entity, according to Greg Koerner, CMO, MediaBank.

Why isn’t there a trading system to bridge the gap between agencies and publishers, asked News International’s Patricia Kill at MediaTel Group’s ‘Why Aren’t We All Trading Electronically?’ event at Specific Media on Wednesday.

O2 in the UK today announced that it is to appoint Claire Valoti as managing director of its media business effective January 2012.

Havas has reported 7.3% organic growth in the third quarter of 2011, with growth in all major markets except France. Group revenue was up 5% to $541.8 million.

WPP has cut its full-year growth forecast to 5% after reporting organic revenue growth of 4.7% in Q3 – down from 6.7% and 5.6% growth in Q1 and Q2.

Videology, the video advertising solutions platform, has appointed Rhys McLachlan to the newly created position of commercial development director – reporting into Ryan Jamboretz, managing director EMEA and global chief development officer.

Writing in Campaign in May 2006, Ian Darby commented: “On the whole, it’s refreshing to see an agency from outside the top ten triumph in such a big pitch, apparently on the back of strong strategic thinking. Let’s just hope these ideas amount to more than a pile of Barclays.” *

Aegis Group has reported a 20% rise in underlying pre-tax profits to £58.9 million in the first half of the year.

Low performance indicators and ongoing uncertainty around sovereign debt has led to downward revisions to global growth expectations, which will impact European ad agencies, according to BofA Merrill Lynch.