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BUSINESS
April 9, 1998 | A Times Staff Writer
Saatchi & Saatchi is suggesting that it will remain independent as industry speculation about a possible takeover of the British media and advertising company continues. Saatchi & Saatchi shares surged 10% last week on rumors of a takeover by France's Havas Advertising. "Independence suits us," Saatchi & Saatchi Chief Executive Bob Seelert said. "We're highly charged. New business, margins and profits are all up, and the network has a fresh vibrancy about it."
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ENTERTAINMENT
July 29, 2013 | By Ryan Faughnder
The planned merger of Omnicom Group Inc. in New York and Publicis Groupe in Paris into the world's biggest advertising firm gives the combined company lots of clout.  The deal was designed to give the new company more leverage when negotiating advertising rates and placements with television networks and with Internet Goliaths such as Google Inc. and Yahoo Inc. The merger could also help smaller advertising rivals who might scoop up clients.  ...
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BUSINESS
May 7, 1986
The London-based advertising agency said the outcome of the talks with the privately owned Ted Bates agency of New York "isn't currently known." If consummated, however, the merger of the two firms would create the largest advertising agency in the world, with combined billings of $6.5 billion. Saatchi's most famous British client is Prime Minister Margaret Thatcher, whose public image has been molded by publicity experts from the firm.
ENTERTAINMENT
July 28, 2013 | By Meg James
Two of the world's largest advertising holding companies -- Omnicom Group Inc. in New York and Publicis Groupe in Paris -- have agreed to merge into the world's largest agency with a market value that would exceed $35 billion. The two companies announced the all-stock transaction Sunday. Shareholders of each company would hold about 50% of the new entity, which would be called Publicis Omnicom Group. Omnicom is the parent company of TBWAChiatDay of Los Angeles, which creates advertising for such high-profile accounts as Pepsico Inc. and Nissan; BBDO Worldwide agency; and OMD, which handles ad buying duties for film studio Warner Bros., among others.
BUSINESS
October 16, 1997 | (Denise Gellene)
Kevin Roberts, the new chief executive of Saatchi & Saatchi Worldwide, announced his first major management reshuffling. Scott Gilbert, chief executive of Team One Advertising in El Segundo, a unit of Saatchi & Saatchi, was named chief executive of the significantly larger Saatchi & Saatchi Pacific in Torrance, a key unit in the Saatchi empire because it handles the Toyota business. Gilbert replaces Joe Cronin, who has been assigned to oversee the Toyota and Lexus accounts full time.
BUSINESS
January 17, 1995 | From Associated Press
Shares in the embattled advertising group Saatchi & Saatchi Co. rose 9% Monday, as an investment bank took a big stake and the company's board held a meeting that reportedly could lead to a new name. Saatchi & Saatchi was rocked last week by the departure of co-founder Maurice Saatchi, who cut all ties to the group after U.S. shareholders forced him out as chairman.
BUSINESS
October 13, 1988 | BRUCE HOROVITZ, Times Staff Writer
After an 11-year ride as Yamaha Motor Corp.'s advertising agency, Chiat/Day hit a brick wall on Wednesday. Yamaha dropped the Venice ad firm and handed its estimated $6-million motorcycle account to the Torrance-based agency, Saatchi & Saatchi DFS. Saatchi--which creates advertising for Toyota--already handles advertising for Yamaha's snowmobile division.
BUSINESS
March 30, 1989
The advertising firm Saatchi & Saatchi has named Gregory J. Mazares vice president and director of marketing and corporate planning for its legal and scientific consulting division. Mazares will also oversee marketing and strategic planning for Litigation Sciences Inc., a jury research and trial consulting firm in Rolling Hills Estates and acquired by Saatchi & Saatchi in 1987.
BUSINESS
January 11, 1990 | BRUCE HOROVITZ
Just six months after unveiling a slew of top management changes, Saatchi & Saatchi DFS/Pacific, the Torrance ad agency that creates ads for Toyota, has announced a new round of appointments. Among them, a new chairman of its West Coast operations was named. In an unusual move, Ed Wax, 53, who is already president and chief executive of New York-based Saatchi & Saatchi Advertising (North America), has also assumed the position as chairman of Saatchi & Saatchi DFS/Pacific.
CALIFORNIA | LOCAL
July 10, 2013 | By Robin Abcarian
Last month, as they ate lunch outside a fancy London restaurant, world famous art collector Charles Saatchi physically roughed up his wife, the TV chef Nigella Lawson. Unaware that a paparazzo was snapping away , Saatchi squeezed Lawson's windpipe four times and shoved his finger up her nostril. Lawson, teary and fearful, dabbed at her eyes. Saatchi stalked out and got in their car, as she followed, sobbing. Tabloids on both sides of the Atlantic went crazy. "Arti Choke," blared the inimitable New York Post.
BUSINESS
June 21, 2000 | Reuters
France's Publicis joined the top league of the world's advertising industry as it announced the acquisition of Britain's Saatchi & Saatchi for $1.92 billion in stock and said it was still hungry for acquisitions. The deal will form the world's fifth-largest advertising group, with a market capitalization of $6.3 billion, and give Publicis vital access to the U.S. market, where Saatchi & Saatchi does half its business.
BUSINESS
September 22, 1999 | DENISE GELLENE and JOHN O'DELL, TIMES STAFF WRITERS
In showcasing its new Echo vehicle at auto shows around the country last winter, Toyota Motor Corp. used in-your-face posters of pierced, head-shaved Gen-Xers to draw attention to it. But young adults who might have considered the bubble-shaped car were put off by the edgy ads. The experience taught Toyota--a reliable, slightly boring auto maker favored by baby boomers--about the dangers of trying too hard in its budding courtship of first-time car buyers.
BUSINESS
May 14, 1998 | DIANE SEO, SPECIAL TO THE TIMES
NEW YORK Don't call them just ad agencies anymore. Aiming to broaden their services beyond their signature specialty, advertising firms increasingly are delving into areas such as direct marketing, strategic planning, interactive communications, public relations and even corporate logo design.
BUSINESS
April 9, 1998 | A Times Staff Writer
Saatchi & Saatchi is suggesting that it will remain independent as industry speculation about a possible takeover of the British media and advertising company continues. Saatchi & Saatchi shares surged 10% last week on rumors of a takeover by France's Havas Advertising. "Independence suits us," Saatchi & Saatchi Chief Executive Bob Seelert said. "We're highly charged. New business, margins and profits are all up, and the network has a fresh vibrancy about it."
BUSINESS
March 12, 1998 | A Times Staff Writer
Saatchi & Saatchi is developing and producing a public service advertising campaign for the organization of U.S. Catholic Bishops. The pro bono work is designed to "convince people of the power they have to forgive and, thereby, make a difference in their personal relationships," according to the U.S. Catholic Conference, the public policy agency of U.S. Bishops.
BUSINESS
February 15, 1995 | Times Staff and Wire Reports
New Legal Action in Saatchi Drama: The fighting between advertising executive Maurice Saatchi and his old firm intensified as Saatchi & Saatchi Co. took new legal action against Saatchi and his brother, Charles. Saatchi & Saatchi began British legal proceedings that attempt to recover profits, reported at around $40 million, the brothers made from an investment in the German sportswear company Adidas in February, 1993.
BUSINESS
October 16, 1997 | (Denise Gellene)
Kevin Roberts, the new chief executive of Saatchi & Saatchi Worldwide, announced his first major management reshuffling. Scott Gilbert, chief executive of Team One Advertising in El Segundo, a unit of Saatchi & Saatchi, was named chief executive of the significantly larger Saatchi & Saatchi Pacific in Torrance, a key unit in the Saatchi empire because it handles the Toyota business. Gilbert replaces Joe Cronin, who has been assigned to oversee the Toyota and Lexus accounts full time.
BUSINESS
October 2, 1997 | DENISE GELLENE
Kevin Roberts, chief executive of the Saatchi & Saatchi Worldwide advertising agency, goes by the nickname "Rambo." When running a New Zealand brewing company in 1994, he had a lion devour a case of rival Foster's beer before a roomful of stunned stock analysts. Roberts, 47, hasn't pulled any stunts during his four months at Saatchi, an agency recovering from financial turmoil and management upheaval. Stay tuned.
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