Yeah, it's been almost five years and still no resolution in the KSL Media Bankruptcy Case.
On behalf of all Adland, thank you Laundry Service, for finally stepping up and defending yourself and effectively the entire industry. What took you so long?
In a bizarre twist to an already ugly tale, that's what former chairman John Schnatter alleged in a recent interview.
The agency, part of IPG, has created a new department called Talent & Culture, that will be headed by Carmina Drummond, the shop's chief culture officer.
It wasn't a great week for the advertising and marketing industry. A troika of senior executives, who should be industry role models, find themselves out of jobs, due to behavior that crossed the line.
It's a battleground, not a partnership. Pity.
In Sorrell's case, not even close. No, his revenge is far better.
Looks like the former WPP chief has won a skirmish with his former employer. The war, however, seems far from over.
Bollore Group controls Vivendi, the parent company of ad firm Havas Group. Yannick Bollore is the CEO of Havas and also chairman of Vivendi. His father Vincent is the head of Bollore Group.
WPP has sent a note to Sorrell's representatives to let the former WPP chief know he may be putting future payouts in jeopardy if he pursues a deal to acquire a property that WPP has also bid for.