WPP is standing firm behind CEO Martin Sorrell’s $20 million pay package in spite of a potential shareholder revolt, Ad Age reports. Institutional Shareholders Service has advised shareholders to vote against Sorrell’s pay package (which is made up a $2 million salary along with mega-bonuses) on the June 13 general meeting.
BUZZMEDIA, an online entertainment publisher, has acquired XLR8R (a confusing way to say “accelerator”), a web magazine that covers music and culture.
MediaBrix, a NY developer of social media platforms, is launching The MediaBrix Platform. Available on the iPhone and Android, the new endeavour gives brands real-time analytics of social advertising campaigns, including games, online video, and social networks.
Anush Prabhu is coming back to Deutsch after spending time at JWT and then McgarryBowen. Prabhu will take on the role of Partner, Director of Insights and Communications Planning.
The New York Times has a piece bemoaning the fact that Facebook “Likes” have turned into ads (or sponsored stories).
IAB is hosting a mobile forum at Cannes, celebrating the creative potential of mobile marketing.
Linus Karlsson has been named CCO of McCann Global. He left Mother for McCann 15 months ago. McCann also promoted Sean Bryan and Tom Murphy as NY co-CCOs.
Crispin Porter + Bogusky promoted Lindsey Allen to VP, group planning director in the L.A. office.
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