In light of NZME and Fairfax’s merger appeal rejected by High Court, following the Commerce Commission refusing to approve the deal, we take a look at a piece from TRA’s Collen Ryan about how love doesn’t always last in mergers.
To cap of a year of media mergers, oOh! Media and APN Outdoor are getting in on the action by announcing a merger to the ASX this morning. Update: the proposal has been terminated.
Understanding how customers would react to ANZ’s decision to close the National Bank meant it was able to come up with a strategy and tailor its comms accordingly to limit the damage.
The global ad industry has moved closer to a duopoly with the proposed merger of Publicis Group and Omnicom set to create the world’s biggest ad network, beating out WPP. But, according to DDB Group’s executive chairman for Australia/NZ Marty O’Halloran, the creation of a company valued at US$35 billion with revenues of US$23 billion is unlikely to have much of an impact on the local agency landscape.