Home The Big Story The Big Story: New Faces In Challenging Places

The Big Story: New Faces In Challenging Places

SHARE:
The Big Story podcast

The Big Story is a breezy new podcast featuring a roundtable of AdExchanger editors talking about the biggest stories from the past week. It is available wherever you subscribe to podcasts.

WPP and Nike have some new spokespeople.

While Mark Read’s appointment at WPP was expected and uncontroversial, Colin Kaepernick headlining Nike’s new campaign was pretty much the opposite.

WPP’s staid Labor Day press release announcing its new CEO wasn’t a flashpoint compared to Nike’s Kaepernick ads, but Read’s upcoming responsibilities are not for the faint of heart.

The holding company is facing an existential crisis. Its business model that had been so successful under the firm grip of Martin Sorrell now struggles to prove it’s not obsolete. But Read has a plan, and while it will be a matter of years before anyone can judge his success, he’ll be operating under constant scrutiny from both the marketing world and WPP’s investors.

Read, however, has a few advantages going his way. He’s a longtime WPP board member who had been nurtured for years as Sorrell’s probable successor. And though he’ll carry on Sorrell’s legacy to an extent, ensuring some consistency, he’s not part of the founder’s culture that some industry observers feel undermined the agency world.

Meanwhile, kneeling on the other end of the hysteria spectrum is Colin Kaepernick, the controversial former quarterback of the San Francisco 49ers. Kaepernick made national waves when he took a knee during the national anthem before each NFL match to demand accountability for police shootings of African-American men.

Forces unsympathetic to Kaepernick – who last snapped a football during the 2016 NFL season – conflated that narrative with claims of disrespect toward the military.

In an age when brand safety is paramount, Nike made a calculated decision to place itself at the center of this controversy.

Join us for the next 20 minutes as the AdExchanger team discusses what’s at stake for WPP and Nike.

Must Read

Adobe Advertising Just Launched Its Own Custom Algorithms Product

Last week, Adobe Advertising announced the general release of its own Custom Algorithms product, which is “a huge departure from the TubeMogul days,” Erwin Castellanos, GM of Adobe Advertising, tells AdExchanger.

MFA Ad Spend Is Increasing. Is AI Slop To Blame?

This year, the percentage of ad spend going toward made-for-advertising (MFA) sites went up instead of down for the first time since 2023.

Kickbacks Takes An Outsider’s View While Bringing Ads To AI Agents

Andrew McCalip is a founding engineer at Varda Space Industries, where he oversees the manufacturing of things like hypersonic reentry vehicles and satellite buses.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

CTV Buyers Are Getting The Show-Level Performance Optimization They’ve Always Wanted

A collaboration between InterMedia Advertising, Peer39 and Pontiac Intelligence provided show-level cost-per-acquisition data for 94% of CTV ad impressions.

Advertisers Await Programmatic Pause Ads

The IAB Tech Lab is working on standardizing programmatic signals for new streaming TV ad formats, including pause ads. Meanwhile, many brands are eager to add pause ads to their repertoire.

Why Media Mergers And Spin-Offs Don’t Always Keep Their Promises

With media megamergers, acquisitions and spin-offs left and right, the media landscape is changing at a pace that is difficult to keep up with.