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| Name | Symbol | Market | Type |
|---|---|---|---|
| WPP PLC | NYSE:WPP | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.55 | 1.09% | 51.07 | 51.67 | 50.97 | 51.37 | 136,066 | 22:43:39 |
From May 2019 to May 2024
LONDON--Advertising giant WPP PLC (WPP.LN) said Tuesday it is buying a minority stake in Swedish internet TV service, FlowNetwork, for an undisclosed sum.
FlowNetwork, a new Swedish over-the-top television service, delivers its programs via the internet supplying Sweden's regional newspapers with technology and content.
WPP's digital revenues, including associates, were $6.9 billion in 2014, representing 36% of the group's total revenue. WPP has set a target of 40%-45% of revenue to be derived from digital in the next five years.
-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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