WPP, YouTube, Smart TV: Everything that matters this morning

WPP hits out at Sorrell’s play for MediaMonksWPP claims Sir Martin Sorrell’s pursuit of digital production business MediaMonks is “unlawful”.
The advertising giant is accusing its former founder of breaching “confidentiality obligations” with his proposed takeover of the Dutch production house, a company Sorrell first encountered while serving as WPP CEO.
WPP’s lawyers have written to Sorrell stating that any move to make MediaMonks the first acquisition