Full salaries return

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SYDNEY, Monday WPP AUNZ, one of the region’s leading creative tech companies, has announced the return of the majority of salary sacrifices made by staff during the Covid-19 pandemic.

Grim global forecast

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LONDON, Today: Global advertising spend is on course to fall by 10.2% – US$63.4bn – to US$557.3bn in 2020 as traditional media have their worst year on record, according to WARC Data.

Takeover?

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SYDNEY, Today: London-based WPP plc, majority shareholder of WPP AUNZ, has sent an unsolicited proposal to acquire all of the ordinary shares in WPP AUNZ that it does not already own – at a price of A$0.55 per share in cash.

Digipost future unclear

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AUCKLAND, Today: A 55-year-old woman, who police believe may have been the victim of a homicide, was the owner and sole shareholder of Digipost, a one-time pillar of TV post in NZ.