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»Agencies

kirk mcdonald groupm
GroupM Taps Xandr’s Kirk McDonald As North America CEO

Former Xandr exec Kirk McDonald will join GroupM as its CEO for North America, the company said Tuesday. McDonald, who’s been serving as the interim head of AT&T-owned Xandr since CEO Brian Lesser stepped down in March, will report directly to GroupM Global CEO Christian Juhl. McDonald will be replaced by AT&T exec Mike Welch... Continue reading »
by Alison Weissbrot // August 18th, 2020 //
»
The Boyd Initiative is an educational program to introduce the media and advertising industry to students at historically Black colleges and universities.
The Boyd Initiative Aims To Bridge The Gap Between Black College Students And Ad Land

If agencies, media companies and ad tech firms are going to fulfill their renewed promise in recent months to diversify their workforces, they’ve got to reach out to Black students and recent college grads early to explain why a career in advertising is something worth pursuing. With that in mind, Steven Golus, a DoubleClick and... Continue reading »
by Allison Schiff // August 17th, 2020 //
»
Agencies, Consulting Firms Make A Big Showing In 2020 Inc. Mag Revenue Survey

  Ad tech used to generate most of the hype when it came to high-growth ad industry startups. But as the category matures, services firms that help brands navigate the complex world of digital advertising are growing faster. That’s the story in Inc. Magazine’s 2020 revenue survey charting the fastest-growing private companies in America, released... Continue reading »
by Alison Weissbrot // August 13th, 2020 //
»
Acxiom Aims To Help Clients Wade Through The Confusing CDP Landscape

Sometimes, it feels like everyone and their mother claims to either be a customer data platform or have CDP-like capabilities, from indie startups to the major marketing cloud providers. But choosing the right provider is only half the battle. Marketers learned their lesson, often the hard way, back during the DMP days that mar tech... Continue reading »
by Alison Weissbrot // August 10th, 2020 //
»
You & Mr Jones Acquires Influencer Marketing Firm Collectively

You & Mr Jones said Thursday it has acquired influencer marketing agency Collectively in a quest to create one of the top five global, scaled influencer marketing companies. You & Mr Jones snapped up San Francisco-based Collectively for an undisclosed amount. Collectively will be combined with theAmplify, the 25-person, LA-based influencer marketing firm You &... Continue reading »
by Sarah Sluis // August 6th, 2020 //
»
IPG’s Q2 Was Rough, But Its Work With Healthcare Brands Helped

Holding companies are being bludgeoned by the pandemic, and IPG is no exception. Organic revenue decreased 9.9% in the quarter to $1.85 billion as clients cut back spend in response to the COVID-19 pandemic, the company said during its Q2 earnings call Wednesday. IPG suffered declines in every major region, including the United States (-8%),... Continue reading »
by Alison Weissbrot // July 29th, 2020 //
»
Zenith ad spend forecast
Zenith: Record Political Ad Spend Steadies US Forecasts

The United States ad market has proven more resilient than anticipated thanks to record political ad spending in the run-up to the 2020 election. Still, US ad spend will decrease 7% this year to $236 billion due to the impacts of COVID-19, according to Zenith’s global ad spend forecast, released on Monday. Without political ad... Continue reading »
by Alison Weissbrot // July 28th, 2020 //
»
Omnicom Cut 6,100 Jobs In Q2, But Believes The Worst Is Over

Omnicom mitigated the impacts of the COVID-19 pandemic on its business in part by cutting 6,100 jobs across its network in the second quarter, the company said Tuesday during its earnings call. Omnicom also froze hiring, eliminated salary increases, implemented voluntary pay cuts across its agencies and participated in government subsidy programs in 35 markets.... Continue reading »
by Alison Weissbrot // July 28th, 2020 //
»
publicis arthur sadoun
Publicis Was Finally On A Roll In North America Before COVID-19 Hit

Publicis Groupe, after years of struggling in North America, was on its way back to positive performance at the beginning of Q2. Then COVID-19 hit, and organic growth declined 6.8% for the quarter and 3.3% for the first half of the year. “We were really off to a good 2020,” CEO Arthur Sadoun said on... Continue reading »
by Alison Weissbrot // July 23rd, 2020 //
»
Material Launches As Another ‘New Model’ Holding Company

After acquiring 10 agencies in the last four years (and seven in the last two), marketing services firm LRW Group is rebranding to Material. Material’s acquisition spree began in 2015, with funding from private equity firm Tailwind Capital. Its purchases include full-service agency T3, customer service agency Strativity and market research firm Kelton. CEO Dave... Continue reading »
by Alison Weissbrot // July 21st, 2020 //
»
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