Posts tagged 'Maurice Levy'

Muddled Men

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Publicis and Interpublic – a swan song for Levy? (Updated)

UPDATE:  Publicis on Sunday formally denied that it has held any discussions with Interpublic, adding that it had not commissioned any bank to pursue such talks.

Apologies, but our usually knowledgeable sources turned out to be lacking on this occasion. Read more

Publicis chief warns on internet ad revenues

Too many new media companies are chasing too few advertising dollars, one of the advertising industry’s most senior executives has warned, amid fresh questions about the fast-rising valuations of prominent online groups. At a conference in Monaco, Maurice Lévy, chairman and chief executive of Publicis marketing group, likened the boom in businesses whose revenue models depend on continued growth of online advertising to the dotcom boom and bust a decade ago: “Far too many people are building plans based on advertising and they may well be disappointed because there is not enough money for everyone,” he said.