By John Glenday Uncertainty at the top of WPP in the wake of Sir Martin Sorrell’s abrupt departure from the agency network he built over three decades has seen a surge in the number of investors betting against the advertising giant. According to a report in The Times, the percentage of WPP shares on loan has risen from a negligible amount to close to 6% of its share capital in that time according to analysis by IHS Markit, with the number of WPP shares on loan rising just as the wider FTSE100 experiences a decline in Read full story › Source: The Drum...
Read MoreBy Staff Writer Cannes Lions is over for another year, but as the rosé turns sticky on the floor of the Gutter Bar and you think of ways to explain the ROI on entertaining clients with €30 burrata every night to your finance manager, there’s one thing that’s sure to follow you home on that Jet2 flight – all the gossip. What happens in Cannes famously doesn’t stay in Cannes. The Drum’s moles were on the ground, and our very own pub – The Drum Arms – which gave us plenty of access to the scandals happening behind the scenes. Find out what went on Read full story › Source: The Drum...
Read MoreBy Taruka Srivastav Reddit has unveiled a News tab on iOS after trying an alpha version earlier. Reddit users can find the dedicated news tab on the top left side on their app which consists of news posts from various topics such as politics, science, and sports. Users can scroll through those topics across various countries and then tap on it to find out the trending stories in that category. Reddit has further set guidelines for the communities that filter into the experience, as well as the post type (for example: posts titles must reflect the article title). Reddit in a blog post wrote: Read full story › Source: The Drum...
Read MoreBy Taruka Srivastav Al Jazeera has launched The Demand Press Freedom campaign one year after Saudi Arabia, Bahrain, Egypt and the UAE launched a blockade against Qatar and called for the Doha-based network to be shut down. As part of the campaign, the network will host a series of events and international forums to highlight the conditions of journalists arrested across the world, assaults on media organisations, and attempts to silence the press. According to Reporters Without Borders, 35 journalists have been killed so far this year – at least 11 of them in Afghanistan. Mostefa Souag, Al Jazeera Media Network’s acting director said: “Al Jazeera Read full story › Source: The Drum...
Read MoreBy Joe Braithwaite Earlier this year, I went to a Mark Ritson talk. Our industry, he said, often takes far too much pleasure in declaring everything ‘dead’. By all accounts, TV is dead, Facebook is dead, radio is definitely dead. And as for the Cannes Lions International Festival of Creativity? Well, visiting it must be like a stroll through a rather picturesque cemetery. So I’m happy to report that, in my humble opinion, rumours of the deaths of both Cannes and creativity have been greatly exaggerated. Having spent more than a decade based in Singapore with BBDO, success at Cannes was the mission and winning Read full story › Source: The Drum...
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