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Dentsu is "anticipating a material decline" in revenues.
The tough deal brings savings in the tens of millions.
"I asked my interviewers several times, is this actually legit?"
"Fundamental changes to how we operate our business but they are necessary."
Digital transformation is accelerating with the global pandemic.
A survey of 30 companies spending a cumulative total of $US21 billion on global communications.
A "significant" increase in the volume of WPP shares traded.
Ladbrokes, TAB and eBay join existing advertisers.
The clients nearly all have an overseas head office driving the fiscal squeeze.
The brands include Spotlight, Anaconda, Mountain Designs and Harris Scarfe.
This follows several dropouts in the bidding process who backed off after the price became “too rich”.
Hardware chain Bunnings, Woolworths supermarkets and national airline Qantas.
Morgan Stanley analysts believe the market underestimates the risk to ad revenue from the global digital...
"Delaying payment puts media agencies at risk."
Nine will retain ownership of the Petone print plant site in Wellington.