Financial Times
Shareholders had to sit through almost two hours of presentations before they are allowed to vote on Sir Martin Sorrell's proposed GBP6.8 million remuneration. Representatives from WPP's key new markets - Brazil, Russia, India and China - enthused about their growth prospects and Sorrell charted the company's 35% compound annual revenue growth rate since he founded it in 1985. But this sales pitch from the world's largest advertising group, by sales and market value, was in vain: most investors had already voted by proxy before Wednesday's meeting began.
PaidContent.org
The Japanese e-commerce giant is acquiring Spanish TV and movie streaming service Wuaki.tv. Barcelona-based Wuaki.tv has content licenses from Hollywood and domestic movie and TV studios for DTO and rental access, offered over the internet and to connected TVs on which Wuaki.tv is present. A "Spanish Netflix" might be one short-hand description. Rakuten already owns the e-commerce marketplaces Buy.com of the U.S., PriceMinister of France, Ikeda of Brazil and Tradoria of Germany. Last year, it acquired UK physical entertainment retailer Play.com and the Kobo e-reader and e-book store company.
Digital TV Europe
Suzie Adams will be responsible for all of the company's digital output on social media sites and apps. Adams was previously senior manager, digital and social marketing, Disney Channels, UK and EMEA, where she worked on projects including online site Disney Superbia. She will become digital director, Nickelodeon UK and will report to Nickelodeon commercial director Kiaran Saunders and also work with Viacom International Media Networks team run by Philip O'Ferrall.
Wales Online
Britons are using social media to make more complaints but say companies aren't responding to them, according to a survey. More than a quarter of consumers (26%) say they complain more now that they can use social media to communicate with companies. But 83% of them report being unhappy with the response they received, while 17.5% say they did not get a reply at all. The survey of 2,000 French and British consumers found those in the UK use social media to complain mostly about retailers (21%) and banks (19%), while 33% of those in Northern Ireland criticised telecoms companies …
Silicon Republic
In a new campaign by Tourism Ireland, Facebook and Twitter users are being asked to decide where Tyler and Amy Slade will stay and what they will do on their Irish holiday. The couple from Brighton are embarking on a mystery tour of Ireland - mysterious to them as they have no idea where they're going until the public tell them. Social media communities will have the power to direct Tyler and Amy's itinerary and by solving clues about their next destination.
Financial Times
After a U.S. inquiry raised questions about the company's handling of its "mistaken" collection of fragments of data by cars taking photographs for the projects, the Information Commissioner's Office has reopened its investigation. Among the answers the ICO is seeking is precisely what kind of personal information was collected in the UK, at what point Google managers became aware of the type of data being gathered by its Street View cars, and why certain data were not included in the sample presented to the regulator during its original investigation in 2010.
Journalism.co.uk
The Times on Wednesday launched what it called "an experimental Tumblr page" outside its paywall offering Opinion content such as additional comment pieces from Times columnists. In an announcement on its Digital Experiments Tumblr page the Times said the new page will be "kind of a mix between a blog platform and a social network", also featuring photos from the news, links and video, "anything that we over at the Opinion desk find interesting". The title added that it hopes the new page will "give a flavour of what our columnists and leader writers do, how they think, and what …
This Is Money
The UK's third largest supermarket will pitch itself against online titan Amazon with the acquisition of the shareholding from struggling HMV for a nominal GBP1. It said it expects to own a 64% stake in online digital book retailer and social network Anobii after investing in the group. Anobii allows people to buy e-books to read on a range of devices including e-readers, tablet computers and smartphones. The social network element of the site allows users to rate and review titles, which can be shared with other Anobii members and websites.
Insurance Age
According to the Chartered Insurance Institute, a survey of 2,000 consumers showed that the Generation Y element of the UK population is more conscious of the inherent risks associated with using social media than its Baby Boomer and Generation X counterparts. The biggest concern to younger internet users is the ability to control the commercial use of their name, image or other aspects of their identity, and 56% expressed an interest in protecting personal image rights through insurance cover. This is compared to just 23% of those aged 55 and above who said they would purchase social media insurance to …
The Telegraph
By 2016, 46% of money spent on accessing the web will be spend on mobile web usage, thanks to the popularity of smartphones, says a new PwC report. Phil Stokes, PwC's senior partner of Entertainment & Media, said the proportion of internet access spent on mobile is growing fastest in developing countries, where many users have never had access to fixed-line broadband services. "In places like India, the wire infrastructure is virtually non-existent so mobile is the primary device for accessing the internet," he said.