Gideon Spanier
Mar 12, 2021

WPP makes $3.89 billion annual loss after Covid hits value of agencies

Impairment relates to "historic acquisitions"

WPP: wrote down the value of agencies including Wunderman Thompson, VMLY&R, Geometry and Landor & Fitch

Please sign in or register

Access limited free articles a month after free, fast registration.

Existing users sign in here

Forgotten Password?

Having trouble signing in?

Contact Customer Support at
[email protected]
or call+91 22 69489600

Related Articles

Just Published

10 hours ago

Why LLMs should be “decolonised”

LLMs today need to speak a variety of languages, not just English with an accent.

12 hours ago

Following Omnicom’s acquisition of IPG, the Omnicom ...

Employees are still looking for clarity around new policies regarding return-to-office, severance and more.

12 hours ago

Netflix to purchase Warner Bros. film and streaming ...

The deal looks to be worth over $80 billion, but faces antitrust resistance.

13 hours ago

Five agencies vying for Ikea creative account

The review is at the chemistry stage.