While many companies were dealt a bad hand by the pandemic, Procter & Gamble (P&G) got a royal flush. The multi-brand conglomerate has reported annual revenue of $71bn (profit of $13bn) thanks to the demand for cleaning products...
After ploughing big bucks in its audio-first strategy, Spotify could not have foreseen a global pandemic getting in the way of it making a return on its investment. But it has revealed it was not exempt from the coronavirus downturn,...
Interpublic Group, the American ad giant that counts FCB, McCann, MullenLowe and R/GA among its agencies, has been rocked by the challenges facing the industry, but chief executive Michael Roth claims its revenue decrease &ldquo...
As the UK government accelerates proposals to ban so-called junk food advertising on TV before 9pm, and considers completely outlawing such ads online, The Drum brought together three keenly interested parties – representing Action on...
Ad giant Omnicom has revealed the impact of the pandemic, with organic revenue down a fifth year-on-year. It’s cut 6,100 staff and “shaved” more than one million square feet of office space to make up the deficit.
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After a smattering of global closures, McDonald's has "nearly all" of its restaurants operating again after moving fast to meet new retail requirements. While the disruption bit into profit margins, the fast food giant...
The South China Morning Post has announced it is reversing its decision to move away from a subscription model, having taken down its paywall after its acquisition by Alibaba in 2016.
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The Drum has tapped Kenneth Hein as its new US editor. Hein will be leading US coverage for The Drum as it dials up its commitment to providing solutions that help its readers make better business decisions.
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