WPP finally confirmed the name for the merger of MEC and Maxus. The new network will be called Wavemaker, a name inherited from the former MEC's content development division. The group's explanation for

Publicis 0.8%, Interpublic 0.4%, WPP revenues -0.8%, Havas -0.9%, WPP net sales -1.7%, Dentsu -4.8%. Much smaller MDC scored a gain of 11.7%. In an important victory for Publicis Groupe's consulting

In the news this past week: Agencies WPP was the latest marketing services group to report significantly weaker performance than expected for the latest quarter. A key factor, said the group, was a

Quarterly results are expected by next week from WPP and Havas. By contrast, MDC Partners appeared to have finally turned the corner with its best results for several quarters. Q2 revenues of $390m

was CEO for 30 years until he sold the business to WPP at the age of 80. Heekin's boss, WPP's Sir Martin Sorrell, is 72 and still going strong. Another maverick Australian agency surrendered its independence

made Interpublic the first marketing group to follow WPP and differentiate between statutory revenue and what WPP calls "net sales" excluding programmatic and disbursement income. In Interpublic's case,

WPP's Wunderman and M/Six will manage global media and analytics, taking over from Mindshare. Essence, best-known until now as a specialised digital media agency, is being catapulted into the big league

In the news this past week: Agencies WPP added to its portfolio with the acquisition of Thjnk, one of Germany's most admired independents, named Agency of the Year this year by trade paper W&V. The

In the news this past week: Agencies WPP appears to be looking at other ways to streamline operations following the merger of MEC and Maxus to create a still as yet unnamed new media network. The WSJ

Ogilvy was #2, contributing to WPP's 7th straight year as Holding Company of the Year. However Interpublic won more Grand Prix than any other holding company, with a total haul of seven of the top prizes.