Havas today confirmed it has acquired a majority stake in crowdsourcing agency Victors & Spoils, the Boulder, Colo. shop that was founded in 2009 by former Crispin Porter + Bogusky vice presidents Evan Fry and John Winsor and Claudia Batten, a co-founder of gaming platform Massive. V&S will be folded into Havas Worldwide, the holding company's flagship agency, but will retain the V&S branding. ...Read the whole story
WPP's GroupM has created a new innovations unit called GroupM Next that will be overseen by Chris Copeland, the CEO of GroupM Search. The unit is designed to help clients at the company's media shops -- Mindshare, MediaCom, MEC and Maxus -- better navigate the evolving digital sector. ...Read the whole story
Borrell Associates says there will be a 25% increase to some $2.7 billion in 2012 over 2011. In 2011, a 41% growth rate was witnessed -- to $1.97 billion. At present, TV stations have a 12% share of the overall local online media market. Independent operators have the largest, with a 46.2% share. By contrast, newspapers are at a 24.7% share. ...Read the whole story
The changing fortunes of the publisher of "The Philadelphia Inquirer" and "Philadelphia Daily News" encapsulate the long-term decline in the newspaper industry. Philadelphia Media Network's buying price plunged to just $55 million in the latest transaction. ...Read the whole story
"The Wall Street Journal" has endorsed an ad man for president. Not for the U.S., but for France -- and the paper's nominee is Publicis Groupe CEO Maurice Levy. French elections are set for May. ...Read the whole story
Cash-rich MDC Partners continues one of the most aggressive acquisitions campaigns Madison Avenue has seen since the early days of the Saatchis and WPP Group, announcing yet another significant stake this morning -- this one in one of America's oldest and most fiercely independent agencies, Detroit-based Doner. MDC did not disclose terms of the deal, but described it as "significant minority interest, with the option to increase its stake to a majority interest at any time." ...Read the whole story
More magazines launched than closed in the first quarter of the year, which saw the debut of 52 titles, versus just 12 titles shuttered, according to MediaFinder.com. The top category for new launches was restaurants, thanks to five new DiningOut guides from Pearl Publishing. ...Read the whole story
Online radio is the fastest-growing music-listening category among U.S. consumers, according to new findings from NPD Group. The market research firm found 43% of U.S. Web users in 2011 chose to listen to music via Pandora, Slacker, Yahoo Music and other online radio services, up nine percentage points from 2010. Traditional AM/FM radio remained steady. ...Read the whole story
According to a new study from TVGuide.com, 76% of people say the primary reason for their social media activity is to "keep my favorites on the air." ...Read the whole story
ACTV8.me, which powers second-screen interactivity synced with TV content, will launch apps linked with Fox shows such as "New Girl." Fox has also taken an undisclosed stake in the company. ...Read the whole story
A pair of Samsung ads were among the most effective during the first quarter, according to Ace Metrix. A spot for the Galaxy Note smartphone topped the charts, while an ad for TVs finished fifth. ...Read the whole story
If content is king, then context is the power that lies behind the throne. But context is about more than medium; it's a multifaceted real ... ...More
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