The big takeaway from Cannes, according to "Campaign," is that Omnicom again stole the show. Not only was it named Holding Company of the Year, but Adam & Eve/DDB won the accolade of top agency.

"Variety" is reporting that Vice UK's Managing Director, Kevin Sutcliffe, has left the business and will not be replaced. Instead, CJ Fahey has been promoted to general manager. Fahey is believed to have been responsible for the landmark deal to get 900 hours of Vice coverage included on Channel 4's All4 on-demand platform.

MediaCom has been named Media Network of the year at Cannes, shortly after picking up a Grand Prix prize for its work with BBH for Tesco's "Food Love Stories" campaign, MediaTel reports.

Sir Martin Sorrell believes he was treated unfairly by WPP and that there should be an investigation in to leaks regarding the potential reason behind his forced resignation, which he believes came from the very top of the company, "The Times" writes.

Netflix raked in GBP500m from its British subscribers last year but paid no tax and instead earned a GBP178,000 rebate, according to "The Guardian." The site explains the lack of UK tax as the US tech giant running its books through The Netherlands.

Wieden + Kennedy has won the Social and Influencer Grand Prix at Cannes for its "Nothing Beats A Londoner" campaign for Nike, "Campaign" announces.

"The Telegraph" is joining other European and US publications in a combined effort to investigate potential abuses of Big Data in the wake of the Cambridge Analytica scandal, "Press Gazette" reports.

A committee of MEPs have voted through a controversial EU copyright law that requires platforms to pay fees to copyright holders if their content is used in a meme, the BBC says. The same law also requires a platform to pay a fee to a news organisation for linking to its content. The proposed law will now be voted on by the European Parliament next month.

News UK, "The Telegraph" and "The Guardian" have combined to offer a joint ad sales platform, dubbed "The Ozone Project," that is designed to take on the duopoly of Facebook and Google, MediaTel reports.

"The Drum" has been doing some probing at Cannes into to how the brewing giant AB InBev has been using blockchain to reduce the cost of digital marketing by up to 30%.