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Vincent Bolloré has failed in his bid to win two seats on Aegis’ board, with 58.3% of shareholders voting against his nominations. Resolutions 14 and 15, which would have seen Bolloré’s nominees, Philippe Germond (ex-president of French mobile firm Alcatel) and Roger Hatchuel (former owner of the Cannes Lions International Advertising Festival) become directors of… Continue reading Bollore Fails In Board Bid

Thanks to the growth in usage of video game consoles online and the continued boom in broadband take-up, the online game market is expected to grow from $3.4 billion in 2005 to $13 billion in 2011. A new study from DFC Intelligence, entitled The Online Game Market, places massively Multiplayer Online Games (MMOG’s) at the… Continue reading Online Games Could Hit $13 Billion By 2011

Ofcom has predicted that commercial television channels could lose almost 4% of their revenue if the pre-9pm ban on junk food and drink advertising aimed at children is introduced. The latest figures from the independent communications regulator show that GMTV could be the worst affected by the ban, potentially losing up to 6.7% of the… Continue reading Channel Revenue To Fall With Junk Ad Ban

Vincent Bolloré has told Havas shareholders that he does not expect to win two seats on the Aegis board at their annual shareholder meeting on Wednesday. Speaking at Havas’ annual shareholder meeting Bolloré said: “We don’t have much hope of being appointed,” although he did add that under British law a shareholder with a stake… Continue reading Bollore Does Not Expect Two Seats On Board

Aegis’ upcoming AGM will see shareholders given one vote for each share they own, as Group Bolloré’s proposals to have Philippe Germond and Roger Hatchuel (see External Candidates For Aegis Board) elected to the board come under increased attack. Voting on the resolutions on June 14 (see Aegis Board Urge Shareholders To Block Nominations) will… Continue reading Aegis Board: One Share, One Vote

Joaquim Agut Bonsfills, chief executive of production company Endemol, has resigned amid speculation that the company is about to be sold by its Spanish owner Telefonica. British Tom Barnicoat has been tipped as the new head of the Dutch Big Brother producer. Mr Barnicoat is currently the chief operating officer and a former head of… Continue reading Endemol Chief Exec Quits Amid Takeover Speculation

First-quarter organic growth for the Publicis Groupe grew 6.3%, its chairman and chief executive Maurice Levy told shareholders at the network’s AGM yesterday. At the meeting, he said: “New business remains vigorous and promising. In addition, the overall global advertising environment is favourable, marked by strong growth in the US and China, as well as… Continue reading Publicis Sees Q1 Growth

The Carphone Warehouse has received a huge response to its offer of free broadband through its TalkTalk service, with initial demand significantly ahead of forecasts, reveals the group’s preliminary results for the year ending April 1 2006. According to Charles Dunstone, the chief executive officer of The Carphone Warehouse, it has connected more customers in… Continue reading Free Broadband Exceeds Expectations For Carphone Warehouse

Daily Mail & General Trust is to lose its place on the FTSE 100, based on market capitalisations at the close of business last night. The company, whose group businesses include Associated Newspapers and dmg world media, has performed badly all year, seeing its share price drop 20% in that period and failing to sell… Continue reading DMGT Loses Place On FTSE 100

WPP’s poor share price performance could cost its chief executive, Sir Martin Sorrell, up to £44 million, despite a leap in his pay cheque by more than a third to £3.3 million. Sir Martin could still get his full bonus if WPP’s share price takes off over the next three years. However, for the maximum… Continue reading WPP’s Poor Share Performance Costs Sorrell £44 Million