WPP to merge print divisions of US media agencies

NEW YORK - WPP is to merge the US print buying departments of its three media agencies, MediaCom, Mindshare and Mediaedge:cia, into one print powerhouse, according to reports.

US trade journal Ad Age claims the new division is likely to be headed by George Janson, who is currently managing partner and director of print communications at Mediaedge:cia.

The three agencies form WPP's Group M, which is the biggest media buyer in the world. A merger of the US print divisions would deliver cost savings for WPP as well as potentially put it in a better position to negotiate with the biggest US publishers.

The downturn has hit US print media particularly hard, with a number of newspapers and magazines closing or dropping print editions to focus online.

Forecasts are for print ad revenues to continue to fall.

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