Omnicom Group News

DDB Worldwide, a subsidiary of Omnicom Group, announced that it has acquired acclaimed London communications agency adam&eve. The agency will merge with DDB UK to create a new agency, adam&eve/DDB, a key flagship office for the DDB global network.

Four weeks shy of the fifth anniversary of their resignation from Rainey Kelly Campbell Roalfe/Y&R, James Murphy, Ben Priest and David Golding this week found themselves celebrating the sale of their agency to Omnicom, after its chief executive, John Wren, provided his seal of approval.

Who are the best-paid people in the advertising business? Sure, the usual suspects are here - WPP's Martin Sorrell and Omnicom's John Wren, for instance - but you'll be surprised by some of the names among the 33 most richly compensated execs in the business.

"We are a lean and nimble enterprise, able to move at the speed of culture and opportunity.

's stock had its "equal weight" rating reiterated by investment analysts at Barclays Capital in a note issued to investors on Thursday.

" American Idol ," Fox TV's aging ratings powerhouse, will undergo a "creative reinvigoration" next season that will determine whether the show's almost nine- year run as the most-watched series comes to an end.

When ad giant Omnicom decided to invest in interactive startups back in 1996, it turned to Felice Kincannon.

Bank of America, seeking ways to resolve persistent image problems with customers, said on Thursday that it was making a major change to its lineup of advertising agencies.