WPP buys movie research firm
Ever-growing advertising behemoth, WPP, said it has bought the film research firm First Movies for an undisclosed sum.
Ever-growing advertising behemoth, WPP, said it has bought the film research firm First Movies for an undisclosed sum.
The purchase was made by WPP's communications subsidiary Penn Schoen Berland.
First Movies undertakes research for many of the world's major film studios, independent distributors, production companies and industry affiliates, WPP said.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
It undertakes events like test screenings to gauge audience reactions to new films and clients include Disney, Paramount, Sony Pictures and 20th Century Fox.
"First Movies' capabilities will complement Penn Schoen Berland's existing media and entertainment practice by giving it a bigger footprint and an increased capability to service its clients' global research needs," WPP said in a statement.
"This acquisition continues WPP's strategy of investing in important and fast-growing markets and sectors."
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Barclays begins paying up to £100 compensation to customers after banking outage
Barclays will pay up to £7.5 million in compensation to customers after its banking services were disrupted by an IT outage
By Daniel Hilton Published
-
Review: Shangri-La Paris – an ode to the world’s best food
Natasha Langan enjoys fine French and Chinese cuisine at the Shangri-La Paris
By Natasha Langan Published